Run: 07/26/00 10:06:06 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4180
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAA1 54,500,000.00 0.00 6.600000 % 0.00
A-2 76110FAB9 82,500,000.00 0.00 6.900000 % 0.00
A-3 76110FAC7 22,250,000.00 0.00 7.300000 % 0.00
A-4 76110FAD5 46,000,000.00 14,221,756.41 7.500000 % 1,272,134.32
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 1,261,890.09 0.000000 % 0.00
-------------------------------------------------------------------------------
258,459,514.42 68,692,646.50 1,272,134.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 88,885.98 1,361,020.30 0.00 0.00 12,949,622.09
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 0.00 0.00 0.00 0.00 1,154,943.01
-------------------------------------------------------------------------------
421,442.23 1,693,576.55 0.00 0.00 67,313,565.10
===============================================================================
_______________________________________________________________________________
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-4 309.168618 27.655094 1.932304 29.587398 0.000000 281.513524
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 0.000000 0.000000 0.000000 ****.******
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:06 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1 (POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4180
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,127.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,820.17
SUBSERVICER ADVANCES THIS MONTH 51,548.35
MASTER SERVICER ADVANCES THIS MONTH 588.29
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 53 3,440,190.84
(B) TWO MONTHLY PAYMENTS: 7 561,286.55
(C) THREE OR MORE MONTHLY PAYMENTS: 3 336,428.22
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,328,558.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 67,313,565.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 878
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 69,299.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 855,132.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.16299100 % 1.83700900 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.28423440 % 1.71576560 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.31319195
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 264.79
POOL TRADING FACTOR: 26.04414283
................................................................................
Run: 07/31/00 10:11:08 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4194
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FAG8 52,015,000.00 0.00 6.000000 % 0.00
A-I-2 76110FAH6 67,186,000.00 0.00 6.250000 % 0.00
A-I-3 76110FAJ2 22,562,000.00 0.00 6.750000 % 0.00
A-I-4 76110FAK9 31,852,000.00 5,839,988.80 6.900000 % 1,304,359.86
A-I-5 76110FAL7 14,535,000.00 14,535,000.00 7.050000 % 0.00
A-I-6 76110FAM5 18,417,136.00 18,417,136.00 7.250000 % 0.00
A-I-7 76110FAN3 20,000,000.00 20,000,000.00 6.700000 % 0.00
A-II 76110FAQ6 29,374,968.00 6,844,479.30 5.985984 % 63,841.23
R 0.53 1,303,524.49 0.000000 % 27,729.61
-------------------------------------------------------------------------------
255,942,104.53 66,940,128.59 1,395,930.70
===============================================================================
_______________________________________________________________________________
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 33,579.94 1,337,939.80 0.00 0.00 4,535,628.94
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 36,340.43 100,181.66 0.00 0.00 6,780,638.07
R 17,060.10 44,789.71 0.00 0.00 1,273,729.01
-------------------------------------------------------------------------------
395,310.47 1,791,241.17 0.00 0.00 65,542,132.02
===============================================================================
_______________________________________________________________________________
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-4 183.347633 40.950642 1.054249 42.004891 0.000000 142.396991
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 233.003804 2.173321 1.237123 3.410444 0.000000 230.830484
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:08 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,257.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 989.01
SUBSERVICER ADVANCES THIS MONTH 46,854.32
MASTER SERVICER ADVANCES THIS MONTH 6,770.72
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,179,248.37
(B) TWO MONTHLY PAYMENTS: 6 766,473.02
(C) THREE OR MORE MONTHLY PAYMENTS: 6 607,118.02
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,224,406.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 65,542,132.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 702
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 837,939.30
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,202,775.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.05270090 % 1.94729910 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.05662560 % 1.94337440 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 735,270.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,217,590.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.00612600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 276.92
POOL TRADING FACTOR: 25.60818672
Run: 07/31/00 10:11:08 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,278.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 890.66
SUBSERVICER ADVANCES THIS MONTH 38,744.49
MASTER SERVICER ADVANCES THIS MONTH 2,159.33
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,580,879.19
(B) TWO MONTHLY PAYMENTS: 4 514,994.68
(C) THREE OR MORE MONTHLY PAYMENTS: 5 562,396.46
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,100,357.23
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 58,322,935.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 642
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 230,625.91
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,143,603.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 1.44648330 %
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 8.98770818
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 274.05
POOL TRADING FACTOR: 25.74201020
Run: 07/31/00 10:11:08 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,979.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 98.35
SUBSERVICER ADVANCES THIS MONTH 8,109.83
MASTER SERVICER ADVANCES THIS MONTH 4,611.39
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 598,369.18
(B) TWO MONTHLY PAYMENTS: 2 251,478.34
(C) THREE OR MORE MONTHLY PAYMENTS: 1 44,721.56
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 124,049.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 7,219,196.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 60
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 607,313.39
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 59,172.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 6.04829440 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 735,270.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,217,590.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.15491953
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 300.15
POOL TRADING FACTOR: 24.57601527
................................................................................
Run: 07/26/00 10:06:10 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4201
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAS2 40,000,000.00 0.00 6.400000 % 0.00
A-2 76110FAT0 16,000,000.00 0.00 7.000000 % 0.00
A-3 76110FAU7 28,500,000.00 0.00 7.050000 % 0.00
A-4 76110FAV5 15,000,000.00 0.00 7.050000 % 0.00
A-5 76110FAW3 14,000,000.00 0.00 7.350000 % 0.00
A-6 76110FAX1 10,000,000.00 5,137,119.77 7.450000 % 1,073,936.34
A-7 76110FAY9 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-8 76110FAZ6 14,043,411.00 14,043,411.00 7.500000 % 0.00
A-9 76110FBA0 18,190,000.00 18,190,000.00 7.500000 % 0.00
A-10 76110FBB8 178,007.00 91,929.13 0.000000 % 1,614.18
R 0.00 1,819,114.18 0.000000 % 0.00
-------------------------------------------------------------------------------
181,911,418.00 65,281,574.08 1,075,550.52
===============================================================================
_______________________________________________________________________________
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 31,892.95 1,105,829.29 0.00 0.00 4,063,183.43
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 1,614.18 0.00 0.00 90,314.95
R 23,987.12 23,987.12 0.00 0.00 1,819,114.18
-------------------------------------------------------------------------------
414,422.22 1,489,972.74 0.00 0.00 64,206,023.56
===============================================================================
_______________________________________________________________________________
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-6 513.711977 107.393634 3.189295 110.582929 0.000000 406.318343
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-10 516.435477 9.068070 0.000000 9.068070 0.000000 507.367407
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:10 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2 (POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4201
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,461.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,496.72
SUBSERVICER ADVANCES THIS MONTH 33,257.93
MASTER SERVICER ADVANCES THIS MONTH 1,480.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 2,179,401.58
(B) TWO MONTHLY PAYMENTS: 5 604,026.26
(C) THREE OR MORE MONTHLY PAYMENTS: 8 547,101.17
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 703,124.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 64,206,023.56
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 728
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 178,388.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 882,179.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.21343400 % 2.78656610 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.16675460 % 2.83324540 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80584619
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 281.50
POOL TRADING FACTOR: 35.29521361
................................................................................
Run: 07/31/00 10:11:09 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBC6 42,855,000.00 0.00 6.780000 % 0.00
A-I-2 76110FBD4 26,000,000.00 0.00 7.150000 % 0.00
A-I-3 76110FBE2 10,596,000.00 0.00 7.290000 % 0.00
A-I-4 76110FBF9 25,000,000.00 0.00 7.250000 % 0.00
A-I-5 76110FBG7 18,587,000.00 0.00 7.460000 % 0.00
A-I-6 76110FBH5 21,696,000.00 0.00 7.750000 % 0.00
A-I-7 76110FBJ1 8,047,000.00 0.00 7.750000 % 0.00
A-I-8 76110FBK8 17,436,000.00 6,738,544.24 7.750000 % 1,219,510.42
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 7,116,907.06 7.750000 % 275,266.75
A-P 76110FBQ5 1,166,695.86 683,998.67 0.000000 % 5,431.86
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 11,813,856.16 7.750000 % 15,272.77
M-2 76110FBU6 5,568,000.00 5,250,393.15 7.750000 % 6,787.63
M-3 76110FBV4 4,176,000.00 3,937,794.90 7.750000 % 5,090.72
B-1 1,809,600.00 1,706,377.76 7.750000 % 2,205.98
B-2 696,000.00 656,299.12 7.750000 % 848.45
B-3 1,670,738.96 1,266,497.76 7.750000 % 1,637.31
A-V 76110FHY2 0.00 0.00 0.670582 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
278,404,734.82 99,191,230.82 1,532,051.89
===============================================================================
_______________________________________________________________________________
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 43,501.55 1,263,011.97 0.00 0.00 5,519,033.82
A-I-9 162,326.85 162,326.85 0.00 0.00 25,145,000.00
A-I-10 122,657.00 122,657.00 0.00 0.00 19,000,000.00
A-I-11 102,486.78 102,486.78 0.00 0.00 15,875,562.00
A-II 45,944.13 321,210.88 0.00 0.00 6,841,640.31
A-P 0.00 5,431.86 0.00 0.00 678,566.81
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 76,265.90 91,538.67 0.00 0.00 11,798,583.39
M-2 33,894.60 40,682.23 0.00 0.00 5,243,605.52
M-3 25,420.95 30,511.67 0.00 0.00 3,932,704.18
B-1 11,015.75 13,221.73 0.00 0.00 1,704,171.78
B-2 4,236.83 5,085.28 0.00 0.00 655,450.67
B-3 8,176.04 9,813.35 0.00 0.00 1,241,299.62
A-V 55,406.72 55,406.72 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
691,333.10 2,223,384.99 0.00 0.00 97,635,618.10
===============================================================================
Run: 07/31/00 10:11:09
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-8 386.473058 69.942098 2.494927 72.437025 0.000000 316.530960
A-I-9 1000.000000 0.000000 6.455631 6.455631 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.455632 6.455632 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.455632 6.455632 0.000000 1000.000000
A-II 346.297279 13.394038 2.235568 15.629606 0.000000 332.903241
A-P 586.269904 4.655761 0.000000 4.655761 0.000000 581.614143
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 942.958547 1.219042 6.087393 7.306435 0.000000 941.739505
M-2 942.958540 1.219043 6.087392 7.306435 0.000000 941.739497
M-3 942.958549 1.219042 6.087392 7.306434 0.000000 941.739507
B-1 942.958532 1.219043 6.087395 7.306438 0.000000 941.739489
B-2 942.958506 1.219037 6.087399 7.306436 0.000000 941.739468
B-3 758.046463 0.979992 4.893667 5.873659 0.000000 742.964429
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:09 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 20,555.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,921.66
SUBSERVICER ADVANCES THIS MONTH 39,259.57
MASTER SERVICER ADVANCES THIS MONTH 2,901.15
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 3,500,525.06
(B) TWO MONTHLY PAYMENTS: 3 276,952.04
(C) THREE OR MORE MONTHLY PAYMENTS: 7 546,103.99
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 499,887.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 97,635,618.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,068
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 358,661.38
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,344,113.14
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.99552230 % 21.17328700 % 3.65876560 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 74.65288510 % 21.48282922 % 3.71393520 %
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 8.69819300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 280.88
POOL TRADING FACTOR: 35.06966868
Run: 07/31/00 10:11:09 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,683.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,910.41
SUBSERVICER ADVANCES THIS MONTH 38,605.06
MASTER SERVICER ADVANCES THIS MONTH 2,901.15
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 3,459,110.20
(B) TWO MONTHLY PAYMENTS: 3 276,952.04
(C) THREE OR MORE MONTHLY PAYMENTS: 7 546,103.99
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 499,887.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 88,825,983.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 973
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 358,661.38
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,156,645.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.53443200 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.20190060 % 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 8.74704161
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 296.47
POOL TRADING FACTOR: 34.79173488
Run: 07/31/00 10:11:09 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,871.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11.25
SUBSERVICER ADVANCES THIS MONTH 654.51
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 41,414.86
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 8,809,634.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 95
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 187,467.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.61560950 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.26810620 % 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 8.20566066
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 123.66
POOL TRADING FACTOR: 38.14186813
................................................................................
Run: 07/31/00 10:11:09 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 12,052,840.30 8.000000 % 824,455.83
A-I-8 76110FCD3 9,094,000.00 9,094,000.00 8.000000 % 0.00
A-I-9 76110FCE1 10,284,000.00 10,284,000.00 8.000000 % 0.00
A-I-10 76110FCF8 27,538,000.00 27,538,000.00 7.900000 % 0.00
A-II-1 76110FCG6 16,021,000.00 0.00 7.250000 % 0.00
A-II-2 76110FCH4 8,580,000.00 7,525,575.68 7.650000 % 403,403.61
A-P 76110FCJ0 3,039,637.99 1,564,552.91 0.000000 % 24,839.83
A-V-1 0.00 0.00 0.912213 % 0.00
A-V-2 0.00 0.00 0.350563 % 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 12,467,022.23 8.000000 % 24,657.73
M-2 76110FCN1 5,570,800.00 5,249,332.02 8.000000 % 10,382.32
M-3 76110FCP6 4,456,600.00 4,199,427.93 8.000000 % 8,305.78
B-1 76110FCR2 2,228,400.00 2,099,808.21 8.000000 % 4,153.08
B-2 76110FCS0 696,400.00 658,405.64 8.000000 % 1,302.22
B-3 76110FCT8 1,671,255.97 688,389.88 8.000000 % 1,361.51
STRIP 0.00 0.00 0.153657 % 0.00
-------------------------------------------------------------------------------
278,535,793.96 93,421,354.80 1,302,861.91
===============================================================================
_______________________________________________________________________________
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 80,327.05 904,782.88 0.00 0.00 11,228,384.47
A-I-8 60,607.64 60,607.64 0.00 0.00 9,094,000.00
A-I-9 68,538.48 68,538.48 0.00 0.00 10,284,000.00
A-I-10 181,234.92 181,234.92 0.00 0.00 27,538,000.00
A-II-1 0.00 0.00 0.00 0.00 0.00
A-II-2 47,960.48 451,364.09 0.00 0.00 7,122,172.07
A-P 0.00 24,839.83 0.00 0.00 1,539,713.08
A-V-1 47,809.49 47,809.49 0.00 0.00 0.00
A-V-2 8,909.99 8,909.99 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 83,087.39 107,745.12 0.00 0.00 12,442,364.50
M-2 34,984.56 45,366.88 0.00 0.00 5,238,949.70
M-3 27,987.40 36,293.18 0.00 0.00 4,191,122.15
B-1 13,994.33 18,147.41 0.00 0.00 2,095,655.13
B-2 4,387.99 5,690.21 0.00 0.00 657,103.42
B-3 4,587.83 5,949.34 0.00 0.00 673,591.58
STRIP 4,488.38 4,488.38 0.00 0.00 0.00
-------------------------------------------------------------------------------
668,905.93 1,971,767.84 0.00 0.00 92,105,056.10
===============================================================================
Run: 07/31/00 10:11:09
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-7 667.895395 45.686348 4.451239 50.137587 0.000000 622.209047
A-I-8 1000.000000 0.000000 6.664574 6.664574 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.664574 6.664574 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.581267 6.581267 0.000000 1000.000000
A-II-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-II-2 877.106723 47.016738 5.589800 52.606538 0.000000 830.089985
A-P 514.716856 8.171971 0.000000 8.171971 0.000000 506.544885
A-V-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-V-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 942.294111 1.863704 6.279989 8.143693 0.000000 940.430407
M-2 942.294109 1.863704 6.279989 8.143693 0.000000 940.430405
M-3 942.294110 1.863703 6.279989 8.143692 0.000000 940.430407
B-1 942.294117 1.863705 6.279990 8.143695 0.000000 940.430412
B-2 945.441758 1.869931 6.300962 8.170893 0.000000 943.571827
B-3 411.899728 0.814663 2.745139 3.559802 0.000000 403.045132
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:10 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 19,426.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,514.04
SUBSERVICER ADVANCES THIS MONTH 31,243.80
MASTER SERVICER ADVANCES THIS MONTH 1,046.22
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,011,080.97
(B) TWO MONTHLY PAYMENTS: 5 539,076.55
(C) THREE OR MORE MONTHLY PAYMENTS: 4 522,994.14
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 568,155.16
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 92,105,056.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,109
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 121,879.05
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,079,041.50
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 72.38921300 % 23.45907100 % 3.68931040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 72.06570900 % 23.74726999 % 3.78329060 %
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 8.92580000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 275.71
POOL TRADING FACTOR: 33.06758345
Run: 07/31/00 10:11:10 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 17,380.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,514.04
SUBSERVICER ADVANCES THIS MONTH 28,864.86
MASTER SERVICER ADVANCES THIS MONTH 1,046.22
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 1,935,425.95
(B) TWO MONTHLY PAYMENTS: 5 539,076.55
(C) THREE OR MORE MONTHLY PAYMENTS: 4 522,994.14
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 466,137.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 82,579,607.77
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 905
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 121,879.05
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 709,187.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 0.00000000 % 0.00000000 % 3.70185940 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 3.72004570 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.93990392
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 293.37
POOL TRADING FACTOR: 32.92721967
Run: 07/31/00 10:11:10 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 2,046.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 2,378.94
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 75,655.02
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 102,017.26
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,525,448.33
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 204
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 369,853.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 0.00000000 % 0.00000000 % 3.58398250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 3.72004570 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80353185
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 122.63
POOL TRADING FACTOR: 34.33653141
................................................................................
Run: 07/26/00 10:06:14 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6(POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4220
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110FCQ4 138,145,180.00 39,444,257.16 7.011250 % 461,593.09
R 973,833.13 2,185,965.33 0.000000 % 0.00
-------------------------------------------------------------------------------
139,119,013.13 41,630,222.49 461,593.09
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 222,662.99 684,256.08 0.00 0.00 38,982,664.07
R 0.00 0.00 39,157.84 0.00 2,225,123.17
-------------------------------------------------------------------------------
222,662.99 684,256.08 39,157.84 0.00 41,207,787.24
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 285.527567 3.341362 1.611804 4.953166 0.000000 282.186205
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:14 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6 (POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4220
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,830.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,995.94
SUBSERVICER ADVANCES THIS MONTH 15,963.26
MASTER SERVICER ADVANCES THIS MONTH 437.22
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 784,272.78
(B) TWO MONTHLY PAYMENTS: 1 45,293.45
(C) THREE OR MORE MONTHLY PAYMENTS: 4 431,622.32
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 725,593.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 41,207,787.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 567
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 58,071.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 321,865.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.74909040 % 5.25090960 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.60023620 % 5.39976380 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 501,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,788,871.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.21482157
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 234.90
POOL TRADING FACTOR: 29.62052872
................................................................................
Run: 07/31/00 10:11:10 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5(POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4222
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FCU5 23,848,000.00 0.00 9.500000 % 0.00
A-I-2 76110FCV3 25,000,000.00 0.00 7.600000 % 0.00
A-I-3 76110FCW1 12,373,000.00 0.00 6.650000 % 0.00
A-I-4 76110FCX9 7,100,000.00 0.00 7.450000 % 0.00
A-I-5 76110FCY7 10,137,000.00 0.00 7.600000 % 0.00
A-I-6 76110FCZ4 5,558,000.00 0.00 7.800000 % 0.00
A-I-7 76110FDA8 16,926,000.00 0.00 8.000000 % 0.00
A-I-8 76110FDB6 6,884,000.00 2,688,389.43 8.000000 % 417,247.03
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 85,625.36 8.000000 % 26,432.93
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 628,695.54 0.000000 % 1,946.10
A-V-1 796QS5AV1 0.00 0.00 1.014933 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.408348 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,330,359.90 8.000000 % 10,104.12
M-2 76110FDK6 3,958,800.00 3,669,049.85 8.000000 % 5,057.39
M-3 76110FDL4 2,815,100.00 2,612,234.27 8.000000 % 3,600.69
B-1 76110FDM2 1,407,600.00 1,318,787.94 8.000000 % 1,817.81
B-2 76110FDN0 439,800.00 416,498.90 8.000000 % 574.10
B-3 76110FDP5 1,055,748.52 573,753.80 8.000000 % 376.94
-------------------------------------------------------------------------------
175,944,527.21 57,578,394.99 467,157.11
===============================================================================
_______________________________________________________________________________
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 17,916.15 435,163.18 0.00 0.00 2,271,142.40
A-I-9 74,833.07 74,833.07 0.00 0.00 11,229,000.00
A-I-10 149,952.71 149,952.71 0.00 0.00 22,501,000.00
A-II-1 570.63 27,003.56 0.00 0.00 59,192.43
A-II-2 30,155.82 30,155.82 0.00 0.00 4,525,000.00
A-P 0.00 1,946.10 0.00 0.00 626,749.44
A-V-1 35,040.22 35,040.22 0.00 0.00 0.00
A-V-2 5,488.23 5,488.23 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,851.49 58,955.61 0.00 0.00 7,320,255.78
M-2 24,451.53 29,508.92 0.00 0.00 3,663,992.46
M-3 17,408.64 21,009.33 0.00 0.00 2,608,633.58
B-1 8,788.76 10,606.57 0.00 0.00 1,316,970.13
B-2 2,775.66 3,349.76 0.00 0.00 415,924.80
B-3 3,823.65 4,200.59 0.00 0.00 572,962.95
-------------------------------------------------------------------------------
420,056.56 887,213.67 0.00 0.00 57,110,823.97
===============================================================================
Run: 07/31/00 10:11:10
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-8 390.527227 60.611132 2.602578 63.213710 0.000000 329.916095
A-I-9 1000.000000 0.000000 6.664268 6.664268 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.664269 6.664269 0.000000 1000.000000
A-II-1 7.671149 2.368118 0.051123 2.419241 0.000000 5.303031
A-II-2 1000.000000 0.000000 6.664270 6.664270 0.000000 1000.000000
A-P 568.503169 1.759779 0.000000 1.759779 0.000000 566.743391
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-1 925.725819 1.276014 6.169286 7.445300 0.000000 924.449805
M-2 926.808591 1.277506 6.176500 7.454006 0.000000 925.531085
M-3 927.936581 1.279063 6.184022 7.463085 0.000000 926.657518
B-1 936.905328 1.291425 6.243791 7.535216 0.000000 935.613903
B-2 947.018872 1.305366 6.311187 7.616553 0.000000 945.713506
B-3 543.456883 0.357036 3.621743 3.978779 0.000000 542.707795
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:10 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,937.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,841.19
SUBSERVICER ADVANCES THIS MONTH 22,018.59
MASTER SERVICER ADVANCES THIS MONTH 1,304.89
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,226,546.45
(B) TWO MONTHLY PAYMENTS: 3 287,317.95
(C) THREE OR MORE MONTHLY PAYMENTS: 3 128,922.26
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,034,600.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 57,110,823.97
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 692
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 158,762.33
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 384,768.91
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 72.04430430 % 23.64019400 % 4.01025530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 71.85270390 % 23.80088550 % 4.08231510 %
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 9.08571400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 279.54
POOL TRADING FACTOR: 32.45956261
Run: 07/31/00 10:11:10 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,662.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,411.49
SUBSERVICER ADVANCES THIS MONTH 21,253.26
MASTER SERVICER ADVANCES THIS MONTH 1,304.89
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,203,228.43
(B) TWO MONTHLY PAYMENTS: 3 287,317.95
(C) THREE OR MORE MONTHLY PAYMENTS: 2 85,841.43
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,034,600.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 51,021,037.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 589
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 158,762.33
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 381,241.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 71.61726250 % 0.00000000 % 4.01025530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 71.40303830 % 0.00000000 % 4.08640830 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.10568998
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 297.81
POOL TRADING FACTOR: 32.20162204
Run: 07/31/00 10:11:10 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,275.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 429.70
SUBSERVICER ADVANCES THIS MONTH 765.33
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 23,318.02
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 43,080.83
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 6,089,786.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 103
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 3,527.13
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.60529700 % 0.00000000 % 4.01025530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.59125200 % 0.00000000 % 4.05511190 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.91835563
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 126.49
POOL TRADING FACTOR: 34.79464099
................................................................................
Run: 07/31/00 10:11:10 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7(POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4228
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FDQ3 20,106,154.00 0.00 7.050000 % 0.00
A-I-2 76110FDR1 43,322,483.00 0.00 0.000000 % 0.00
A-I-3 76110FDS9 0.00 0.00 0.000000 % 0.00
A-I-4 76110FDT7 13,330,948.00 0.00 7.125000 % 0.00
A-I-5 76110FDU4 24,973,716.00 0.00 7.600000 % 0.00
A-I-6 76110FDV2 0.00 0.00 8.000000 % 0.00
A-I-7 76110FDW0 1,000,000.00 0.00 7.700000 % 0.00
A-I-8 76110FDX8 9,539,699.00 0.00 7.700000 % 0.00
A-I-9 76110FDY6 22,526,000.00 0.00 8.000000 % 0.00
A-I-10 76110FDZ3 11,650,000.00 9,429,595.91 8.000000 % 2,087,748.09
A-I-11 76110FEA7 30,421,000.00 30,421,000.00 8.000000 % 0.00
A-I-12 76110FEB5 8,619,000.00 8,619,000.00 8.000000 % 0.00
A-II 76110FEC3 20,104,000.00 7,427,907.94 8.000000 % 215,041.19
A-P 76110FED1 601,147.92 276,744.31 0.000000 % 582.94
A-V-1 796QS7AV1 0.00 0.00 0.875723 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.454446 % 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 8,570,328.35 8.000000 % 10,982.36
M-2 76110FEH2 5,126,400.00 4,820,280.79 8.000000 % 6,176.90
M-3 76110FEJ8 3,645,500.00 3,427,811.63 8.000000 % 4,392.53
B-1 1,822,700.00 1,713,858.83 8.000000 % 2,196.21
B-2 569,600.00 535,586.80 8.000000 % 686.32
B-3 1,366,716.75 883,550.65 8.000000 % 757.62
-------------------------------------------------------------------------------
227,839,864.67 76,125,665.21 2,328,564.16
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 0.00 0.00 0.00 0.00 0.00
A-I-8 0.00 0.00 0.00 0.00 0.00
A-I-9 0.00 0.00 0.00 0.00 0.00
A-I-10 62,524.83 2,150,272.92 0.00 0.00 7,341,847.82
A-I-11 201,712.58 201,712.58 0.00 0.00 30,421,000.00
A-I-12 57,150.02 57,150.02 0.00 0.00 8,619,000.00
A-II 49,252.24 264,293.43 0.00 0.00 7,212,866.75
A-P 0.00 582.94 0.00 0.00 276,161.37
A-V-1 42,815.11 42,815.11 0.00 0.00 0.00
A-V-2 6,455.26 6,455.26 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 56,827.29 67,809.65 0.00 0.00 8,559,345.99
M-2 31,961.85 38,138.75 0.00 0.00 4,814,103.89
M-3 22,728.80 27,121.33 0.00 0.00 3,423,419.10
B-1 11,364.09 13,560.30 0.00 0.00 1,711,662.62
B-2 3,551.32 4,237.64 0.00 0.00 534,900.48
B-3 5,858.56 6,616.18 0.00 0.00 882,418.44
-------------------------------------------------------------------------------
552,201.95 2,880,766.11 0.00 0.00 73,796,726.46
===============================================================================
Run: 07/31/00 10:11:10
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7(POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4228
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-10 809.407374 179.205845 5.366938 184.572783 0.000000 630.201530
A-I-11 1000.000000 0.000000 6.630702 6.630702 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.630702 6.630702 0.000000 1000.000000
A-II 369.474132 10.696438 2.449873 13.146311 0.000000 358.777694
A-P 460.359756 0.969710 0.000000 0.969710 0.000000 459.390047
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-1 940.285734 1.204920 6.234754 7.439674 0.000000 939.080814
M-2 940.285735 1.204920 6.234755 7.439675 0.000000 939.080815
M-3 940.285730 1.204918 6.234755 7.439673 0.000000 939.080812
B-1 940.285746 1.204921 6.234756 7.439677 0.000000 939.080825
B-2 940.285815 1.204916 6.234761 7.439677 0.000000 939.080899
B-3 646.476785 0.554336 4.286594 4.840930 0.000000 645.648368
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:11 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 15,536.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 291.46
SUBSERVICER ADVANCES THIS MONTH 48,789.08
MASTER SERVICER ADVANCES THIS MONTH 605.60
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 3,157,895.75
(B) TWO MONTHLY PAYMENTS: 7 734,229.87
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,279,513.76
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 488,099.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 73,796,726.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 869
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 58,379.07
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,221,522.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.69584590 % 22.09297100 % 4.11555850 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 72.89758250 % 22.76099468 % 4.25592690 %
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 9.08275300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 279.00
POOL TRADING FACTOR: 32.38973415
Run: 07/31/00 10:11:11 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,627.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 41,263.51
MASTER SERVICER ADVANCES THIS MONTH 269.78
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 3,050,309.80
(B) TWO MONTHLY PAYMENTS: 6 605,721.61
(C) THREE OR MORE MONTHLY PAYMENTS: 8 841,625.57
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 488,099.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 64,757,095.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 731
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 31,218.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,043,438.24
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 72.75405470 % 0.00000000 % ***.******** %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 71.89111370 % 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 9.12108182
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 300.48
POOL TRADING FACTOR: 31.51593538
Run: 07/31/00 10:11:11 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,909.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 291.46
SUBSERVICER ADVANCES THIS MONTH 7,525.57
MASTER SERVICER ADVANCES THIS MONTH 335.82
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 107,585.95
(B) TWO MONTHLY PAYMENTS: 1 128,508.26
(C) THREE OR MORE MONTHLY PAYMENTS: 1 437,888.19
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,039,631.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 138
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 27,160.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 178,083.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.49525070 % 0.00000000 % ***.******** %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.10947870 % 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 8.80818005
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 125.16
POOL TRADING FACTOR: 40.41733011
................................................................................
Run: 07/26/00 10:06:15 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8(POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4231
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FEK5 4,000,000.00 0.00 7.400000 % 0.00
A-2 76110FEL3 4,074,824.00 0.00 7.300000 % 0.00
A-3 76110FEM1 13,128,206.00 0.00 7.050000 % 0.00
A-4 76110FEN9 3,765,148.00 0.00 7.300000 % 0.00
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 0.00 7.400000 % 0.00
A-7 76110FER0 31,579,563.00 1,490,219.92 7.151250 % 135,473.47
A-8 76110FES8 0.00 0.00 1.848750 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 5,322,208.45 7.400000 % 483,833.79
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 54,012.05 0.000000 % 109.93
A-15-1 96QS8A151 0.00 0.00 0.973657 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.509474 % 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 6,291,067.54 7.750000 % 6,112.15
M-2 76110FFC2 4,440,700.00 4,194,076.53 7.750000 % 4,074.80
M-3 76110FFD0 3,108,500.00 2,935,863.01 7.750000 % 2,852.37
B-1 1,509,500.00 1,425,666.78 7.750000 % 1,385.12
B-2 444,000.00 419,341.53 7.750000 % 407.42
B-3 1,154,562.90 902,282.05 7.750000 % 876.62
-------------------------------------------------------------------------------
177,623,205.60 59,656,695.86 635,125.67
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00
A-7 8,874.45 144,347.92 0.00 0.00 1,354,746.45
A-8 2,294.23 2,294.23 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 32,796.89 516,630.68 0.00 0.00 4,838,374.66
A-11 90,190.87 90,190.87 0.00 0.00 13,975,000.00
A-12 12,907.46 12,907.46 0.00 0.00 2,000,000.00
A-13 133,249.88 133,249.88 0.00 0.00 20,646,958.00
A-14 0.00 109.93 0.00 0.00 53,902.12
A-15-1 39,055.02 39,055.02 0.00 0.00 0.00
A-15-2 4,874.04 4,874.04 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 40,600.84 46,712.99 0.00 0.00 6,284,955.39
M-2 27,067.43 31,142.23 0.00 0.00 4,190,001.73
M-3 18,947.26 21,799.63 0.00 0.00 2,933,010.64
B-1 9,200.87 10,585.99 0.00 0.00 1,424,281.66
B-2 2,706.32 3,113.74 0.00 0.00 418,934.11
B-3 5,823.09 6,699.71 0.00 0.00 901,405.43
-------------------------------------------------------------------------------
428,588.65 1,063,714.32 0.00 0.00 59,021,570.19
===============================================================================
Run: 07/26/00 10:06:15
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 47.189378 4.289909 0.281019 4.570928 0.000000 42.899468
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-10 253.998274 23.090593 1.565206 24.655799 0.000000 230.907681
A-11 1000.000000 0.000000 6.453730 6.453730 0.000000 1000.000000
A-12 1000.000000 0.000000 6.453730 6.453730 0.000000 1000.000000
A-13 1000.000000 0.000000 6.453729 6.453729 0.000000 1000.000000
A-14 466.325836 0.949107 0.000000 0.949107 0.000000 465.376729
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-1 944.462924 0.917602 6.095307 7.012909 0.000000 943.545322
M-2 944.462929 0.917603 6.095307 7.012910 0.000000 943.545326
M-3 944.462927 0.917603 6.095306 7.012909 0.000000 943.545324
B-1 944.462921 0.917602 6.095310 7.012912 0.000000 943.545320
B-2 944.462905 0.917613 6.095315 7.012928 0.000000 943.545293
B-3 781.492329 0.759266 5.043545 5.802811 0.000000 780.733064
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:15 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,323.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,285.89
SUBSERVICER ADVANCES THIS MONTH 26,672.74
MASTER SERVICER ADVANCES THIS MONTH 2,305.80
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 1,841,042.05
(B) TWO MONTHLY PAYMENTS: 4 546,287.61
(C) THREE OR MORE MONTHLY PAYMENTS: 5 734,285.11
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 133,312.63
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 59,021,570.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 676
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 295,054.60
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 577,132.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 72.87320570 % 22.51745400 % 4.60934000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 72.60771960 % 22.71706381 % 4.65445100 %
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 8.95397891
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 300.24
POOL TRADING FACTOR: 33.22852439
................................................................................
Run: 07/26/00 10:06:17 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1(POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4237
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFE8 33,258,000.00 0.00 6.750000 % 0.00
A-2 76110FFF5 10,146,000.00 0.00 6.750000 % 0.00
A-3 76110FFG3 24,816,000.00 0.00 6.750000 % 0.00
A-4 76110FFH1 15,938,000.00 0.00 6.750000 % 0.00
A-5 76110FFJ7 10,253,000.00 0.00 6.750000 % 0.00
A-6 76110FFK4 31,511,646.00 4,855,971.77 11.000000 % 341,565.02
A-7 76110FFL2 17,652,000.00 0.00 6.750000 % 0.00
A-8 76110FFM0 5,655,589.00 2,360,655.00 6.750000 % 303,613.37
A-9 76110FFN8 19,068,000.00 10,032,783.51 6.750000 % 1,290,356.77
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 212,947.62 121,294.83 0.000000 % 156.77
A-13-1 0.00 0.00 0.999364 % 0.00
A-13-2 0.00 0.00 0.670461 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,058,391.95 7.500000 % 8,383.92
M-2 76110FFW8 6,251,000.00 6,038,605.96 7.500000 % 5,588.98
M-3 76110FFX6 4,375,700.00 4,227,024.17 7.500000 % 3,912.29
B-1 1,624,900.00 1,569,689.77 7.500000 % 1,452.81
B-2 624,800.00 604,085.36 7.500000 % 559.11
B-3 1,500,282.64 1,200,449.14 7.500000 % 0.00
-------------------------------------------------------------------------------
250,038,730.26 97,842,716.46 1,955,589.04
===============================================================================
_______________________________________________________________________________
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 44,499.78 386,064.80 0.00 0.00 4,514,406.75
A-7 0.00 0.00 0.00 0.00 0.00
A-8 13,274.72 316,888.09 0.00 0.00 2,057,041.63
A-9 56,417.56 1,346,774.33 0.00 0.00 8,742,426.74
A-10 57,738.94 57,738.94 0.00 0.00 10,267,765.00
A-11 296,823.86 296,823.86 0.00 0.00 47,506,000.00
A-12 0.00 156.77 0.00 0.00 121,138.06
A-13-1 65,434.93 65,434.93 0.00 0.00 0.00
A-13-2 10,750.62 10,750.62 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 56,598.05 64,981.97 0.00 0.00 9,050,008.03
M-2 37,730.02 43,319.00 0.00 0.00 6,033,016.98
M-3 26,411.01 30,323.30 0.00 0.00 4,223,111.88
B-1 9,807.63 11,260.44 0.00 0.00 1,568,236.96
B-2 3,774.40 4,333.51 0.00 0.00 603,526.25
B-3 7,044.10 7,044.10 0.00 0.00 1,154,064.92
-------------------------------------------------------------------------------
686,305.62 2,641,894.66 0.00 0.00 95,840,743.20
===============================================================================
Run: 07/26/00 10:06:17
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-6 154.100861 10.839327 1.412169 12.251496 0.000000 143.261534
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 417.402149 53.683775 2.347186 56.030961 0.000000 363.718373
A-9 526.158145 67.671322 2.958756 70.630078 0.000000 458.486823
A-10 1000.000000 0.000000 5.623321 5.623321 0.000000 1000.000000
A-11 1000.000000 0.000000 6.248134 6.248134 0.000000 1000.000000
A-12 569.599369 0.736190 0.000000 0.736190 0.000000 568.863179
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-1 966.022390 0.894094 6.035838 6.929932 0.000000 965.128296
M-2 966.022390 0.894094 6.035837 6.929931 0.000000 965.128296
M-3 966.022390 0.894095 6.035837 6.929932 0.000000 965.128295
B-1 966.022383 0.894092 6.035836 6.929928 0.000000 965.128291
B-2 966.845967 0.894862 6.040973 6.935835 0.000000 965.951104
B-3 800.148657 0.000000 4.695182 4.695182 0.000000 769.231670
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:17 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 20,142.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 350.68
SUBSERVICER ADVANCES THIS MONTH 33,057.08
MASTER SERVICER ADVANCES THIS MONTH 4,442.26
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 1,679,780.58
(B) TWO MONTHLY PAYMENTS: 5 794,166.99
(C) THREE OR MORE MONTHLY PAYMENTS: 6 602,806.26
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,100,826.37
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 95,840,743.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,048
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 566,381.91
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,851,859.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.77249680 % 19.77460200 % 3.45290130 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 76.35597750 % 20.14397661 % 3.47455270 %
BANKRUPTCY AMOUNT AVAILABLE 182,005.00
FRAUD AMOUNT AVAILABLE 516,078.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,272,830.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.75758300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 304.78
POOL TRADING FACTOR: 38.33035910
................................................................................
Run: 07/26/00 10:06:18 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2(POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4240
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFY4 31,108,570.00 2,704,166.45 9.000000 % 257,266.61
A-2 76110FFZ1 37,000,000.00 0.00 7.250000 % 0.00
A-3 76110FGA5 5,200,000.00 0.00 7.250000 % 0.00
A-4 76110FGB3 18,200,000.00 0.00 7.250000 % 0.00
A-5 76110FGC1 10,000,000.00 235,337.04 7.250000 % 88,441.28
A-6 76110FGD9 7,371,430.00 6,525,079.57 7.250000 % 554,725.29
A-7 76110FGE7 10,400,783.00 10,400,783.00 7.750000 % 0.00
A-8 76110FGF4 31,000,000.00 31,000,000.00 7.750000 % 0.00
A-9 76110FGG2 130,561.76 76,304.74 0.000000 % 87.37
A-10-1 97QS2A101 0.00 0.00 0.763930 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.421093 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,739,951.49 7.750000 % 4,482.96
M-2 76110FGL1 4,109,600.00 3,949,895.51 7.750000 % 3,735.74
M-3 76110FGM9 2,630,200.00 2,527,986.95 7.750000 % 2,390.93
B-1 1,068,500.00 1,026,976.66 7.750000 % 491.49
B-2 410,900.00 394,931.89 7.750000 % 0.00
B-3 821,738.81 631,372.86 7.750000 % 0.00
-------------------------------------------------------------------------------
164,383,983.57 64,212,786.16 911,621.67
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 20,273.68 277,540.29 0.00 0.00 2,446,899.84
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 1,421.30 89,862.58 0.00 0.00 146,895.76
A-6 39,407.64 594,132.93 0.00 0.00 5,970,354.28
A-7 67,146.64 67,146.64 0.00 0.00 10,400,783.00
A-8 200,133.57 200,133.57 0.00 0.00 31,000,000.00
A-9 0.00 87.37 0.00 0.00 76,217.37
A-10-1 33,060.81 33,060.81 0.00 0.00 0.00
A-10-2 4,300.79 4,300.79 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,600.76 35,083.72 0.00 0.00 4,735,468.53
M-2 25,500.21 29,235.95 0.00 0.00 3,946,159.77
M-3 16,320.48 18,711.41 0.00 0.00 2,525,596.02
B-1 6,630.08 7,121.57 0.00 0.00 1,026,485.17
B-2 0.00 0.00 0.00 0.00 394,931.89
B-3 0.00 0.00 0.00 0.00 629,922.39
-------------------------------------------------------------------------------
444,795.96 1,356,417.63 0.00 0.00 63,299,714.02
===============================================================================
Run: 07/26/00 10:06:18
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 86.926736 8.269959 0.651707 8.921666 0.000000 78.656777
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 23.533704 8.844128 0.142130 8.986258 0.000000 14.689576
A-6 885.185041 75.253416 5.345997 80.599413 0.000000 809.931625
A-7 1000.000000 0.000000 6.455922 6.455922 0.000000 1000.000000
A-8 1000.000000 0.000000 6.455922 6.455922 0.000000 1000.000000
A-9 584.434064 0.669185 0.000000 0.669185 0.000000 583.764879
A-10-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-10-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 961.138675 0.909027 6.205037 7.114064 0.000000 960.229648
M-2 961.138678 0.909028 6.205035 7.114063 0.000000 960.229650
M-3 961.138678 0.909030 6.205034 7.114064 0.000000 960.229648
B-1 961.138662 0.459981 6.205035 6.665016 0.000000 960.678680
B-2 961.138696 0.000000 0.000000 0.000000 0.000000 961.138696
B-3 768.337642 0.000000 0.000000 0.000000 0.000000 766.572520
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:18 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2 (POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4240
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,327.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 658.23
SUBSERVICER ADVANCES THIS MONTH 22,856.07
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 2,044,978.95
(B) TWO MONTHLY PAYMENTS: 2 286,133.28
(C) THREE OR MORE MONTHLY PAYMENTS: 4 223,051.26
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 308,277.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 63,299,714.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 730
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 852,338.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.30800840 % 17.49056700 % 3.20142510 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.02905650 % 17.70501572 % 3.24458400 %
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 8.76819244
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 305.07
POOL TRADING FACTOR: 38.50722719
................................................................................
Run: 07/26/00 10:06:18 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 15,835,944.67 7.750000 % 1,299,340.53
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 68,124.46 0.000000 % 108.46
A-10-1 97QS3A101 0.00 0.00 0.799008 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.486515 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,150,737.45 7.750000 % 5,940.27
M-2 76110FHE6 4,112,900.00 3,962,157.62 7.750000 % 4,569.50
M-3 76110FHF3 2,632,200.00 2,535,726.89 7.750000 % 2,924.42
B-1 1,069,400.00 1,030,205.30 7.750000 % 1,188.12
B-2 411,200.00 396,129.05 7.750000 % 456.85
B-3 823,585.68 454,652.71 7.750000 % 524.34
-------------------------------------------------------------------------------
164,514,437.18 65,071,678.15 1,315,052.49
===============================================================================
_______________________________________________________________________________
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-4 102,249.19 1,401,589.72 0.00 0.00 14,536,604.14
A-5 46,088.48 46,088.48 0.00 0.00 7,138,000.00
A-6 6,456.78 6,456.78 0.00 0.00 1,000,000.00
A-7 0.00 0.00 0.00 0.00 0.00
A-8 177,561.41 177,561.41 0.00 0.00 27,500,000.00
A-9 0.00 108.46 0.00 0.00 68,016.00
A-10-1 32,974.18 32,974.18 0.00 0.00 0.00
A-10-2 6,297.67 6,297.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,257.17 39,197.44 0.00 0.00 5,144,797.18
M-2 25,582.77 30,152.27 0.00 0.00 3,957,588.12
M-3 16,372.63 19,297.05 0.00 0.00 2,532,802.47
B-1 6,651.81 7,839.93 0.00 0.00 1,029,017.18
B-2 2,557.71 3,014.56 0.00 0.00 395,672.20
B-3 2,935.59 3,459.93 0.00 0.00 445,147.60
-------------------------------------------------------------------------------
458,985.39 1,774,037.88 0.00 0.00 63,747,644.89
===============================================================================
Run: 07/26/00 10:06:18
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-4 674.156861 55.314625 4.352882 59.667507 0.000000 618.842237
A-5 1000.000000 0.000000 6.456778 6.456778 0.000000 1000.000000
A-6 1000.000000 0.000000 6.456780 6.456780 0.000000 1000.000000
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 1000.000000 0.000000 6.456779 6.456779 0.000000 1000.000000
A-9 634.592530 1.010326 0.000000 1.010326 0.000000 633.582204
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-1 963.348879 1.111016 6.220130 7.331146 0.000000 962.237863
M-2 963.348883 1.111017 6.220129 7.331146 0.000000 962.237866
M-3 963.348868 1.111017 6.220131 7.331148 0.000000 962.237851
B-1 963.348887 1.111016 6.220133 7.331149 0.000000 962.237872
B-2 963.348857 1.111017 6.220112 7.331129 0.000000 962.237841
B-3 552.040572 0.636655 3.564401 4.201056 0.000000 540.499441
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:18 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3 (POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4244
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,436.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 753.91
SUBSERVICER ADVANCES THIS MONTH 27,886.46
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 1,590,438.37
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 5 741,176.38
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 1,171,137.88
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 63,747,644.89
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 686
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 1,205,829.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.18635480 % 17.91997700 % 2.89366800 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 78.79223700 % 18.25194921 % 2.93631890 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 667,559.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,602,428.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79010706
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 309.12
POOL TRADING FACTOR: 38.74896695
................................................................................
Run: 07/26/00 10:06:19 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 1,166,049.82 10.000000 % 131,328.50
A-5 76110FHP1 17,675,100.00 10,494,448.55 7.500000 % 1,181,956.50
A-6 76110FHQ9 7,150,100.00 7,150,100.00 7.750000 % 0.00
A-7 76110FHR7 52,000,000.00 52,000,000.00 7.750000 % 0.00
A-8 76110FHS5 155,284.33 110,473.62 0.000000 % 123.32
A-9-1 797QS4A91 0.00 0.00 0.793234 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.459801 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 6,957,809.68 7.750000 % 6,601.64
M-2 76110FHW6 4,975,300.00 4,816,907.92 7.750000 % 4,570.33
M-3 76110FHX4 3,316,900.00 3,211,304.23 7.750000 % 3,046.92
B-1 1,216,200.00 1,177,481.44 7.750000 % 1,117.21
B-2 552,900.00 535,298.05 7.750000 % 507.90
B-3 995,114.30 799,768.65 7.750000 % 758.82
-------------------------------------------------------------------------------
221,126,398.63 88,419,641.96 1,330,011.14
===============================================================================
_______________________________________________________________________________
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 9,707.81 141,036.31 0.00 0.00 1,034,721.32
A-5 65,527.75 1,247,484.25 0.00 0.00 9,312,492.05
A-6 46,133.69 46,133.69 0.00 0.00 7,150,100.00
A-7 335,513.06 335,513.06 0.00 0.00 52,000,000.00
A-8 0.00 123.32 0.00 0.00 110,350.30
A-9-1 46,106.35 46,106.35 0.00 0.00 0.00
A-9-2 7,121.52 7,121.52 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 44,893.00 51,494.64 0.00 0.00 6,951,208.04
M-2 31,079.53 35,649.86 0.00 0.00 4,812,337.59
M-3 20,719.89 23,766.81 0.00 0.00 3,208,257.31
B-1 7,597.32 8,714.53 0.00 0.00 1,176,364.23
B-2 3,453.83 3,961.73 0.00 0.00 534,790.15
B-3 5,160.24 5,919.06 0.00 0.00 799,009.83
-------------------------------------------------------------------------------
623,013.99 1,953,025.13 0.00 0.00 87,089,630.82
===============================================================================
Run: 07/26/00 10:06:19
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 47.597282 5.360731 0.396266 5.756997 0.000000 42.236551
A-5 593.741962 66.871277 3.707348 70.578625 0.000000 526.870685
A-6 1000.000000 0.000000 6.452174 6.452174 0.000000 1000.000000
A-7 1000.000000 0.000000 6.452174 6.452174 0.000000 1000.000000
A-8 711.427998 0.794156 0.000000 0.794156 0.000000 710.633842
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-1 968.164317 0.918604 6.246765 7.165369 0.000000 967.245713
M-2 968.164316 0.918604 6.246765 7.165369 0.000000 967.245712
M-3 968.164319 0.918605 6.246764 7.165369 0.000000 967.245714
B-1 968.164315 0.918607 6.246769 7.165376 0.000000 967.245708
B-2 968.164315 0.918611 6.246753 7.165364 0.000000 967.245705
B-3 803.695264 0.762556 5.185575 5.948131 0.000000 802.932718
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:19 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4 (POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4247
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,314.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,265.27
SUBSERVICER ADVANCES THIS MONTH 20,744.82
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,531,241.43
(B) TWO MONTHLY PAYMENTS: 4 499,328.34
(C) THREE OR MORE MONTHLY PAYMENTS: 4 413,687.04
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 128,383.52
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 87,089,630.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 952
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 1,246,111.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.18487740 % 16.96995000 % 2.84517250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.90099820 % 17.19125779 % 2.88593350 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 884,926.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,055,384.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79274738
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 308.41
POOL TRADING FACTOR: 39.38454719
................................................................................
Run: 07/26/00 10:06:19 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5(POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4248
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHZ9 33,300,000.00 0.00 7.250000 % 0.00
A-2 76110FJA2 10,800,000.00 0.00 7.250000 % 0.00
A-3 76110FJB0 29,956,909.00 0.00 10.000000 % 0.00
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 0.00 7.250000 % 0.00
A-6 76110FJE4 18,143,000.00 15,847,299.09 8.000000 % 1,985,096.62
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 340,158.57 190,747.27 0.000000 % 271.92
A-11-1 0.00 0.00 0.684682 % 0.00
A-11-2 0.00 0.00 0.367308 % 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 6,523,769.27 8.000000 % 5,523.55
M-2 76110FJP9 4,330,000.00 4,197,313.66 8.000000 % 3,553.78
M-3 76110FJQ7 2,886,000.00 2,797,562.89 8.000000 % 2,368.64
B-1 1,058,000.00 1,025,579.15 8.000000 % 868.34
B-2 481,000.00 466,260.49 8.000000 % 394.77
B-3 866,066.26 386,466.83 8.000000 % 327.21
-------------------------------------------------------------------------------
192,360,424.83 79,118,998.65 1,998,404.83
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 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-6 105,616.24 2,090,712.86 0.00 0.00 13,862,202.47
A-7 31,770.25 31,770.25 0.00 0.00 4,767,000.00
A-8 26,814.90 26,814.90 0.00 0.00 0.00
A-9 259,210.65 259,210.65 0.00 0.00 42,917,000.00
A-10 0.00 271.92 0.00 0.00 190,475.35
A-11-1 34,499.13 34,499.13 0.00 0.00 0.00
A-11-2 5,702.54 5,702.54 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 43,478.45 49,002.00 0.00 0.00 6,518,245.72
M-2 27,973.50 31,527.28 0.00 0.00 4,193,759.88
M-3 18,644.70 21,013.34 0.00 0.00 2,795,194.25
B-1 6,835.09 7,703.43 0.00 0.00 1,024,710.81
B-2 3,107.45 3,502.22 0.00 0.00 465,865.72
B-3 2,575.66 2,902.87 0.00 0.00 305,336.17
-------------------------------------------------------------------------------
566,228.56 2,564,633.39 0.00 0.00 77,039,790.37
===============================================================================
Run: 07/26/00 10:06:19
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5(POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4248
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 873.466301 109.413913 5.821322 115.235235 0.000000 764.052388
A-7 1000.000000 0.000000 6.664621 6.664621 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.039813 6.039813 0.000000 1000.000000
A-10 560.759854 0.799392 0.000000 0.799392 0.000000 559.960462
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-1 969.356504 0.820736 6.460394 7.281130 0.000000 968.535768
M-2 969.356503 0.820734 6.460393 7.281127 0.000000 968.535769
M-3 969.356511 0.820735 6.460395 7.281130 0.000000 968.535776
B-1 969.356474 0.820737 6.460388 7.281125 0.000000 968.535737
B-2 969.356528 0.820728 6.460395 7.281123 0.000000 968.535800
B-3 446.232405 0.377812 2.973976 3.351788 0.000000 352.555207
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:19 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5 (POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4248
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 16,187.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 31,548.06
MASTER SERVICER ADVANCES THIS MONTH 1,849.82
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,794,079.56
(B) TWO MONTHLY PAYMENTS: 2 238,143.50
(C) THREE OR MORE MONTHLY PAYMENTS: 5 646,857.66
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 275,494.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 77,039,790.37
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 824
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 219,988.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,770,182.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.49247000 % 17.12776600 % 2.37976450 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.08685890 % 17.53275779 % 2.33692740 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 768,975.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,224,147.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.91375919
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.92
POOL TRADING FACTOR: 40.04970900
................................................................................
Run: 07/26/00 10:06:19 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 6,860,778.59 7.500000 % 724,933.95
A-3 76110FJT1 18,746,000.00 18,746,000.00 7.500000 % 0.00
A-4 76110FJU8 2,046,000.00 2,046,000.00 7.500000 % 0.00
A-5 76110FJV6 21,277,000.00 18,624,206.81 7.500000 % 85,736.41
A-6 76110FJW4 164,986.80 72,981.28 0.000000 % 362.57
A-7-1 0.00 0.00 0.836613 % 0.00
A-7-2 0.00 0.00 0.275349 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,326,616.03 7.500000 % 10,710.56
M-2 76110FKA0 1,061,700.00 930,593.80 7.500000 % 4,283.98
M-3 76110FKB8 690,100.00 604,881.59 7.500000 % 2,784.57
B-1 371,600.00 325,712.21 7.500000 % 1,499.41
B-2 159,300.00 139,628.51 7.500000 % 642.78
B-3 372,446.48 287,484.97 7.500000 % 1,323.44
-------------------------------------------------------------------------------
106,172,633.28 50,964,883.79 832,277.67
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 42,838.38 767,772.33 0.00 0.00 6,135,844.64
A-3 117,049.13 117,049.13 0.00 0.00 18,746,000.00
A-4 12,775.13 12,775.13 0.00 0.00 2,046,000.00
A-5 116,288.66 202,025.07 0.00 0.00 18,538,470.40
A-6 0.00 362.57 0.00 0.00 72,618.71
A-7-1 29,986.17 29,986.17 0.00 0.00 0.00
A-7-2 1,813.81 1,813.81 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 14,527.28 25,237.84 0.00 0.00 2,315,905.47
M-2 5,810.58 10,094.56 0.00 0.00 926,309.82
M-3 3,776.85 6,561.42 0.00 0.00 602,097.02
B-1 2,033.73 3,533.14 0.00 0.00 324,212.80
B-2 871.84 1,514.62 0.00 0.00 138,985.73
B-3 1,795.04 3,118.48 0.00 0.00 286,161.53
-------------------------------------------------------------------------------
349,566.60 1,181,844.27 0.00 0.00 50,132,606.12
===============================================================================
_______________________________________________________________________________
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-2 437.465956 46.224189 2.731517 48.955706 0.000000 391.241768
A-3 1000.000000 0.000000 6.243952 6.243952 0.000000 1000.000000
A-4 1000.000000 0.000000 6.243954 6.243954 0.000000 1000.000000
A-5 875.321089 4.029535 5.465463 9.494998 0.000000 871.291554
A-6 442.346176 2.197570 0.000000 2.197570 0.000000 440.148606
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-1 876.512971 4.035021 5.472905 9.507926 0.000000 872.477950
M-2 876.512951 4.035019 5.472902 9.507921 0.000000 872.477932
M-3 876.512955 4.035024 5.472902 9.507926 0.000000 872.477931
B-1 876.512944 4.035011 5.472901 9.507912 0.000000 872.477933
B-2 876.512932 4.035028 5.472944 9.507972 0.000000 872.477903
B-3 771.882634 3.553370 4.819592 8.372962 0.000000 768.329264
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:20 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,574.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,403.88
SUBSERVICER ADVANCES THIS MONTH 14,942.69
MASTER SERVICER ADVANCES THIS MONTH 331.05
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 971,336.12
(B) TWO MONTHLY PAYMENTS: 2 127,992.82
(C) THREE OR MORE MONTHLY PAYMENTS: 3 156,104.98
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 94,358.71
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 50,132,606.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 800
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 31,938.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 597,638.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.93192260 % 7.58881300 % 1.47926420 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.82366460 % 7.66828738 % 1.49692420 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 503,321.00
SPECIAL HAZARD AMOUNT AVAILABLE 698,574.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.56626148
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 133.60
POOL TRADING FACTOR: 47.21801143
................................................................................
Run: 07/31/00 10:11:13 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1(POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3328
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 24,934,336.17 3,563,807.88 8.898061 % 3,547.01
R 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
24,934,336.17 3,563,807.88 3,547.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 26,418.64 29,965.65 0.00 0.00 3,560,260.87
R 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
26,418.64 29,965.65 0.00 0.00 3,560,260.87
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 142.927722 0.142254 1.059529 1.201783 0.000000 142.785468
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:13 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 1,113.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 155.65
SUBSERVICER ADVANCES THIS MONTH 903.36
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 110,322.06
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 3,560,260.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 27
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 989.56
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 9.36025000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.79
POOL TRADING FACTOR: 14.27854684
Run: 07/31/00 10:11:13 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 879.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 121.57
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 2,813,702.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 20
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 582.46
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 9.29884815
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.19
POOL TRADING FACTOR: 14.05874124
Run: 07/31/00 10:11:13 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 233.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 34.08
SUBSERVICER ADVANCES THIS MONTH 903.36
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 110,322.06
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 746,557.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 407.10
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 9.59166829
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 315.49
POOL TRADING FACTOR: 15.17260810
................................................................................
Run: 07/31/00 10:11:13 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2(POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3333
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 30,798,565.76 3,764,328.67 8.502584 % 4,305.23
R 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
30,798,565.76 3,764,328.67 4,305.23
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 26,661.59 30,966.82 0.00 0.00 3,760,023.44
R 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
26,661.59 30,966.82 0.00 0.00 3,760,023.44
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 122.224155 0.139787 0.865676 1.005463 0.000000 122.084368
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:13 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,175.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 167.36
SUBSERVICER ADVANCES THIS MONTH 3,863.61
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 500,823.08
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 3,760,023.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 26
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 1,358.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000210 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000210 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 1.8369 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.43503900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.95
POOL TRADING FACTOR: 12.20843655
Run: 07/31/00 10:11:13 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5.95
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 142,734.54
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 319.00
POOL TRADING FACTOR: 1.23914038
Run: 07/31/00 10:11:13 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 548.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 82.31
SUBSERVICER ADVANCES THIS MONTH 1,710.01
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 204,226.06
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,755,197.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 11
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 1,158.16
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 9.57796013
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 314.97
POOL TRADING FACTOR: 23.64347223
Run: 07/31/00 10:11:13 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 582.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 79.10
SUBSERVICER ADVANCES THIS MONTH 2,153.60
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 296,597.02
(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 1,862,091.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 14
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 200.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.36241424
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.69
POOL TRADING FACTOR: 15.70573058
................................................................................
Run: 07/26/00 10:06:21 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 3,595,182.07 7.500000 % 814,815.22
A-2 76110FKD4 20,984,000.00 0.00 7.500000 % 0.00
A-3 76110FKE2 11,000,000.00 11,000,000.00 7.500000 % 0.00
A-4 76110FKF9 4,000,000.00 4,000,000.00 7.500000 % 0.00
A-5 76110FKG7 17,500,000.00 17,500,000.00 7.750000 % 0.00
A-6 76110FKH5 17,500,000.00 17,500,000.00 7.250000 % 0.00
A-7 76110FKJ1 21,925,000.00 7,656,454.53 9.500000 % 116,402.18
A-8 76110FKP7 156,262.27 38,839.19 0.000000 % 43.00
A-9-1 0.00 0.00 0.837802 % 0.00
A-9-2 0.00 0.00 0.496378 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,413,431.01 7.750000 % 5,697.22
M-2 76110FKM4 3,827,000.00 3,664,954.52 7.750000 % 3,255.68
M-3 76110FKN2 2,870,200.00 2,748,668.03 7.750000 % 2,441.72
B-1 1,052,400.00 1,007,838.55 7.750000 % 895.29
B-2 478,400.00 458,143.24 7.750000 % 406.98
B-3 861,188.35 656,460.15 7.750000 % 583.15
-------------------------------------------------------------------------------
191,342,550.62 76,239,971.29 944,540.44
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 22,457.48 837,272.70 0.00 0.00 2,780,366.85
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,712.02 68,712.02 0.00 0.00 11,000,000.00
A-4 24,986.19 24,986.19 0.00 0.00 4,000,000.00
A-5 112,958.39 112,958.39 0.00 0.00 17,500,000.00
A-6 105,670.76 105,670.76 0.00 0.00 17,500,000.00
A-7 60,580.11 176,982.29 0.00 0.00 7,540,052.35
A-8 0.00 43.00 0.00 0.00 38,796.19
A-9-1 44,705.83 44,705.83 0.00 0.00 0.00
A-9-2 5,031.96 5,031.96 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 41,397.20 47,094.42 0.00 0.00 6,407,733.79
M-2 23,656.42 26,912.10 0.00 0.00 3,661,698.84
M-3 17,742.00 20,183.72 0.00 0.00 2,746,226.31
B-1 6,505.36 7,400.65 0.00 0.00 1,006,943.26
B-2 2,957.21 3,364.19 0.00 0.00 457,736.26
B-3 4,237.30 4,820.45 0.00 0.00 655,877.00
-------------------------------------------------------------------------------
541,598.23 1,486,138.67 0.00 0.00 75,295,430.85
===============================================================================
Run: 07/26/00 10:06:21
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 43.582719 9.877626 0.272242 10.149868 0.000000 33.705093
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.246547 6.246547 0.000000 1000.000000
A-4 1000.000000 0.000000 6.246548 6.246548 0.000000 1000.000000
A-5 1000.000000 0.000000 6.454765 6.454765 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038329 6.038329 0.000000 1000.000000
A-7 349.211153 5.309107 2.763061 8.072168 0.000000 343.902046
A-8 248.551298 0.275178 0.000000 0.275178 0.000000 248.276119
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-1 957.657311 0.850712 6.181454 7.032166 0.000000 956.806599
M-2 957.657309 0.850713 6.181453 7.032166 0.000000 956.806595
M-3 957.657317 0.850714 6.181451 7.032165 0.000000 956.806602
B-1 957.657307 0.850713 6.181452 7.032165 0.000000 956.806595
B-2 957.657274 0.850711 6.181459 7.032170 0.000000 956.806564
B-3 762.272446 0.677134 4.920294 5.597428 0.000000 761.595300
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:21 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7 (POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4255
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,753.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 953.41
SUBSERVICER ADVANCES THIS MONTH 26,074.94
MASTER SERVICER ADVANCES THIS MONTH 1,101.78
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,334,085.93
(B) TWO MONTHLY PAYMENTS: 4 513,606.29
(C) THREE OR MORE MONTHLY PAYMENTS: 8 711,939.23
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 675,638.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 75,295,430.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 838
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 134,565.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 876,812.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.38153100 % 16.83315400 % 2.78531550 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.15295860 % 17.02050018 % 2.81776690 %
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 8.85732019
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 310.12
POOL TRADING FACTOR: 39.35111694
................................................................................
Run: 07/26/00 10:06:21 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8(POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4256
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKU6 13,399,900.00 0.00 7.000000 % 0.00
A-2 76110FKV4 20,850,000.00 0.00 7.000000 % 0.00
A-3 76110FKW2 16,320,750.00 1,946,336.46 10.000000 % 93,581.50
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 6,323,320.00 467,064.84 7.250000 % 467,064.84
A-7 76110FLA9 16,496,308.00 16,496,308.00 7.250000 % 468,750.39
A-8 76110FLB7 25,998,036.00 4,811,064.45 7.500000 % 283,421.28
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 4,629.89 0.000000 % 6.17
A-12-1 0.00 0.00 0.943691 % 0.00
A-12-2 0.00 0.00 0.649765 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,412,324.55 7.500000 % 6,457.84
M-2 76110FLJ0 4,361,000.00 4,236,030.29 7.500000 % 3,690.56
M-3 76110FLK7 3,270,500.00 3,176,779.93 7.500000 % 2,767.71
B-1 1,199,000.00 1,164,641.20 7.500000 % 1,014.67
B-2 545,000.00 529,382.40 7.500000 % 461.21
B-3 981,461.72 773,441.10 7.500000 % 673.86
-------------------------------------------------------------------------------
218,029,470.88 100,525,004.11 1,327,890.03
===============================================================================
_______________________________________________________________________________
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 16,215.17 109,796.67 0.00 0.00 1,852,754.96
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 2,821.10 469,885.94 0.00 0.00 0.00
A-7 99,638.75 568,389.14 0.00 0.00 16,027,557.61
A-8 30,061.17 313,482.45 0.00 0.00 4,527,643.17
A-9 30,721.02 30,721.02 0.00 0.00 5,000,001.00
A-10 340,578.39 340,578.39 0.00 0.00 54,507,000.00
A-11 0.00 6.17 0.00 0.00 4,623.72
A-12-1 61,643.28 61,643.28 0.00 0.00 0.00
A-12-2 11,973.31 11,973.31 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,314.74 52,772.58 0.00 0.00 7,405,866.71
M-2 26,468.17 30,158.73 0.00 0.00 4,232,339.73
M-3 19,849.60 22,617.31 0.00 0.00 3,174,012.22
B-1 7,277.08 8,291.75 0.00 0.00 1,163,626.53
B-2 3,307.76 3,768.97 0.00 0.00 528,921.19
B-3 4,832.73 5,506.59 0.00 0.00 772,767.24
-------------------------------------------------------------------------------
701,702.27 2,029,592.30 0.00 0.00 99,197,114.08
===============================================================================
Run: 07/26/00 10:06:21
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-3 119.255332 5.733897 0.993531 6.727428 0.000000 113.521435
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 73.863863 73.863863 0.446142 74.310005 0.000000 0.000000
A-7 1000.000000 28.415473 6.040064 34.455537 0.000000 971.584527
A-8 185.054919 10.901642 1.156286 12.057928 0.000000 174.153277
A-9 1000.000000 0.000000 6.144203 6.144203 0.000000 1000.000000
A-10 1000.000000 0.000000 6.248342 6.248342 0.000000 1000.000000
A-11 175.313793 0.233631 0.000000 0.233631 0.000000 175.080162
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-1 971.343802 0.846264 6.069288 6.915552 0.000000 970.497538
M-2 971.343795 0.846265 6.069289 6.915554 0.000000 970.497530
M-3 971.343810 0.846265 6.069286 6.915551 0.000000 970.497545
B-1 971.343786 0.846264 6.069291 6.915555 0.000000 970.497523
B-2 971.343853 0.846257 6.069284 6.915541 0.000000 970.497596
B-3 788.050195 0.686578 4.924013 5.610591 0.000000 787.363603
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:21 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8 (POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4256
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,635.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,419.08
SUBSERVICER ADVANCES THIS MONTH 22,664.76
MASTER SERVICER ADVANCES THIS MONTH 6,239.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,901,576.50
(B) TWO MONTHLY PAYMENTS: 3 325,465.09
(C) THREE OR MORE MONTHLY PAYMENTS: 4 512,159.26
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 143,551.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 99,197,114.08
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,012
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 763,890.49
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,240,308.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.79692090 % 14.74838800 % 2.45469110 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.58181280 % 14.93210644 % 2.48538470 %
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 8.70580275
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 312.98
POOL TRADING FACTOR: 45.49711270
................................................................................
Run: 07/26/00 10:06:22 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLL5 53,750,000.00 0.00 6.750000 % 0.00
A-2 76110FLM3 17,420,000.00 0.00 6.750000 % 0.00
A-3 76110FLN1 22,971,538.00 1,217,784.98 10.000000 % 222,239.78
A-4 76110FLP6 38,010,000.00 0.00 6.750000 % 0.00
A-5 76110FLQ4 17,163,462.00 6,697,817.56 6.750000 % 1,222,318.84
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 1.028095 % 0.00
A-9-2 0.00 0.00 0.735436 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,903,914.07 7.250000 % 12,961.48
M-2 76110FLX9 5,420,000.00 5,269,276.01 7.250000 % 8,640.99
M-3 76110FLY7 4,065,000.00 3,951,957.02 7.250000 % 6,480.74
B-1 1,490,500.00 1,449,050.86 7.250000 % 2,376.27
B-2 677,500.00 658,659.51 7.250000 % 1,080.12
B-3 1,219,925.82 1,103,630.26 7.250000 % 1,809.82
-------------------------------------------------------------------------------
271,005,025.82 128,939,090.27 1,477,908.04
===============================================================================
_______________________________________________________________________________
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 10,144.65 232,384.43 0.00 0.00 995,545.20
A-4 0.00 0.00 0.00 0.00 0.00
A-5 37,661.99 1,259,980.83 0.00 0.00 5,475,498.72
A-6 181,047.45 181,047.45 0.00 0.00 29,977,000.00
A-7 97,025.30 97,025.30 0.00 0.00 16,065,000.00
A-8 330,030.97 330,030.97 0.00 0.00 54,645,000.00
A-9-1 94,481.48 94,481.48 0.00 0.00 0.00
A-9-2 11,408.05 11,408.05 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 47,736.04 60,697.52 0.00 0.00 7,890,952.59
M-2 31,824.03 40,465.02 0.00 0.00 5,260,635.02
M-3 23,868.03 30,348.77 0.00 0.00 3,945,476.28
B-1 8,751.61 11,127.88 0.00 0.00 1,446,674.59
B-2 3,978.00 5,058.12 0.00 0.00 657,579.39
B-3 6,665.43 8,475.25 0.00 0.00 1,098,847.42
-------------------------------------------------------------------------------
884,623.03 2,362,531.07 0.00 0.00 127,458,209.21
===============================================================================
Run: 07/26/00 10:06:22
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 53.012775 9.674571 0.441618 10.116189 0.000000 43.338204
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 390.236979 71.216334 2.194312 73.410646 0.000000 319.020645
A-6 1000.000000 0.000000 6.039545 6.039545 0.000000 1000.000000
A-7 1000.000000 0.000000 6.039546 6.039546 0.000000 1000.000000
A-8 1000.000000 0.000000 6.039546 6.039546 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-1 972.191153 1.594278 5.871592 7.465870 0.000000 970.596875
M-2 972.191146 1.594279 5.871592 7.465871 0.000000 970.596867
M-3 972.191149 1.594278 5.871594 7.465872 0.000000 970.596871
B-1 972.191117 1.594277 5.871593 7.465870 0.000000 970.596840
B-2 972.191159 1.594273 5.871587 7.465860 0.000000 970.596886
B-3 904.669974 1.483549 5.463799 6.947348 0.000000 900.749378
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:22 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 29,377.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,833.47
SUBSERVICER ADVANCES THIS MONTH 30,741.10
MASTER SERVICER ADVANCES THIS MONTH 3,358.24
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,745,514.50
(B) TWO MONTHLY PAYMENTS: 7 834,509.83
(C) THREE OR MORE MONTHLY PAYMENTS: 3 243,676.01
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 173,470.52
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 127,458,209.21
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,379
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 437,694.54
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,250,586.51
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.22783370 % 13.28157900 % 2.49058730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.07308140 % 13.41385855 % 2.51306010 %
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 8.59320335
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 314.27
POOL TRADING FACTOR: 47.03167730
................................................................................
Run: 07/26/00 10:06:22 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10(POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4264
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FMN0 199,969,492.00 44,686,850.10 7.250000 % 3,510,447.34
A-2 76110FMP5 10,000,000.00 10,000,000.00 7.250000 % 0.00
A-3 76110FMQ3 25,143,000.00 25,143,000.00 7.250000 % 0.00
A-4 76110FMR1 64,916,508.00 62,739,113.54 7.250000 % 91,327.45
A-5 76110FMS9 76,250.57 57,048.17 0.000000 % 61.17
A-6-1 0.00 0.00 0.996924 % 0.00
A-6-2 0.00 0.00 0.676920 % 0.00
R 76110FMU4 100.00 0.00 7.250000 % 0.00
M-1 76110FMV2 10,602,000.00 10,286,184.97 7.250000 % 14,973.29
M-2 76110FMW0 6,524,000.00 6,329,661.46 7.250000 % 9,213.90
M-3 76110FMX8 4,893,000.00 4,747,246.07 7.250000 % 6,910.42
B-1 76110FMY6 1,794,000.00 1,740,559.87 7.250000 % 2,533.68
B-2 76110FMZ3 816,000.00 791,692.78 7.250000 % 1,152.44
B-3 76110FNA7 1,468,094.11 1,290,096.96 7.250000 % 0.00
-------------------------------------------------------------------------------
326,202,444.68 167,811,453.92 3,636,619.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 269,893.71 3,780,341.05 0.00 0.00 41,176,402.76
A-2 60,396.68 60,396.68 0.00 0.00 10,000,000.00
A-3 151,855.36 151,855.36 0.00 0.00 25,143,000.00
A-4 378,923.38 470,250.83 0.00 0.00 62,647,786.09
A-5 0.00 61.17 0.00 0.00 56,987.00
A-6-1 110,576.30 110,576.30 0.00 0.00 0.00
A-6-2 19,548.88 19,548.88 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,125.14 77,098.43 0.00 0.00 10,271,211.68
M-2 38,229.05 47,442.95 0.00 0.00 6,320,447.56
M-3 28,671.79 35,582.21 0.00 0.00 4,740,335.65
B-1 10,512.40 13,046.08 0.00 0.00 1,738,026.19
B-2 4,781.56 5,934.00 0.00 0.00 790,540.34
B-3 6,844.63 6,844.63 0.00 0.00 1,288,219.00
-------------------------------------------------------------------------------
1,142,358.88 4,778,978.57 0.00 0.00 164,172,956.27
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 223.468338 17.554915 1.349674 18.904589 0.000000 205.913424
A-2 1000.000000 0.000000 6.039668 6.039668 0.000000 1000.000000
A-3 1000.000000 0.000000 6.039668 6.039668 0.000000 1000.000000
A-4 966.458540 1.406845 5.837088 7.243933 0.000000 965.051695
A-5 748.167128 0.802224 0.000000 0.802224 0.000000 747.364905
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-1 970.211750 1.412308 5.859757 7.272065 0.000000 968.799442
M-2 970.211750 1.412308 5.859756 7.272064 0.000000 968.799442
M-3 970.211745 1.412307 5.859757 7.272064 0.000000 968.799438
B-1 970.211745 1.412308 5.859755 7.272063 0.000000 968.799437
B-2 970.211740 1.412304 5.859755 7.272059 0.000000 968.799436
B-3 878.756308 0.000000 4.662256 4.662256 0.000000 877.477126
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:22 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 34,626.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 828.59
SUBSERVICER ADVANCES THIS MONTH 37,534.96
MASTER SERVICER ADVANCES THIS MONTH 4,410.93
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,737,921.47
(B) TWO MONTHLY PAYMENTS: 7 648,888.48
(C) THREE OR MORE MONTHLY PAYMENTS: 6 369,366.37
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,064,701.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 164,172,956.27
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,643
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 564,297.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,394,244.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 98,008.92
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.98671790 % 12.73474300 % 2.27853900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.67621370 % 12.99361075 % 2.32566370 %
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 8.50978547
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.13
POOL TRADING FACTOR: 50.32854871
................................................................................
Run: 07/26/00 10:06:23 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLZ4 99,650,000.00 51,980,022.94 7.000000 % 1,357,152.36
A-2 76110FMD2 43,142.76 22,093.02 0.000000 % 164.87
A-3-1 0.00 0.00 1.079065 % 0.00
A-3-2 0.00 0.00 0.636310 % 0.00
R 76110FMF7 100.00 0.00 7.000000 % 0.00
M-1 76110FMG5 3,043,000.00 2,703,920.31 7.000000 % 12,056.10
M-2 76110FMH3 892,000.00 792,604.94 7.000000 % 3,534.02
M-3 76110FMJ9 419,700.00 372,933.08 7.000000 % 1,662.81
B-1 76110FMK6 367,000.00 326,105.40 7.000000 % 1,454.02
B-2 76110FML4 262,400.00 233,160.90 7.000000 % 1,039.61
B-3 76110FMM2 263,388.53 234,039.30 7.000000 % 1,043.52
-------------------------------------------------------------------------------
104,940,731.29 56,664,879.89 1,378,107.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 302,991.19 1,660,143.55 0.00 0.00 50,622,870.58
A-2 0.00 164.87 0.00 0.00 21,928.15
A-3-1 40,067.04 40,067.04 0.00 0.00 0.00
A-3-2 6,397.67 6,397.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 15,761.13 27,817.23 0.00 0.00 2,691,864.21
M-2 4,620.09 8,154.11 0.00 0.00 789,070.92
M-3 2,173.82 3,836.63 0.00 0.00 371,270.27
B-1 1,900.86 3,354.88 0.00 0.00 324,651.38
B-2 1,359.10 2,398.71 0.00 0.00 232,121.29
B-3 1,364.21 2,407.73 0.00 0.00 232,995.78
-------------------------------------------------------------------------------
376,635.11 1,754,742.42 0.00 0.00 55,286,772.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 521.625920 13.619191 3.040554 16.659745 0.000000 508.006729
A-2 512.091021 3.821499 0.000000 3.821499 0.000000 508.269522
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-1 888.570592 3.961913 5.179471 9.141384 0.000000 884.608679
M-2 888.570561 3.961906 5.179473 9.141379 0.000000 884.608655
M-3 888.570598 3.961901 5.179462 9.141363 0.000000 884.608697
B-1 888.570572 3.961907 5.179455 9.141362 0.000000 884.608665
B-2 888.570503 3.961928 5.179497 9.141425 0.000000 884.608575
B-3 888.570584 3.961904 5.179459 9.141363 0.000000 884.608681
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:23 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11 (POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4265
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,718.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 888.04
SUBSERVICER ADVANCES THIS MONTH 6,196.19
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 536,001.26
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 37,980.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 55,286,772.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 720
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 1,125,386.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.76812410 % 6.83133500 % 1.40054130 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.60049410 % 6.96768001 % 1.42906120 %
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 8.31331315
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 137.93
POOL TRADING FACTOR: 52.68380723
................................................................................
Run: 07/26/00 10:06:24 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNB5 57,575,000.00 0.00 7.000000 % 0.00
A-2 76110FNC3 22,405,757.00 4,135,468.23 9.000000 % 348,825.62
A-3 76110FND1 62,824,125.00 0.00 7.000000 % 0.00
A-4 76110FNE9 24,294,118.00 19,298,853.36 6.875000 % 1,627,853.05
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 57,452,622.73 7.250000 % 50,838.57
A-8-1 0.00 0.00 0.927706 % 0.00
A-8-2 0.00 0.00 0.720995 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,156,874.23 7.250000 % 8,987.60
M-2 76110FNL3 4,471,600.00 4,353,001.74 7.250000 % 3,851.88
M-3 76110FNM1 4,471,500.00 4,352,904.40 7.250000 % 3,851.79
B-1 76110FNN9 1,639,600.00 1,597,267.12 7.250000 % 1,413.39
B-2 76110FNP4 745,200.00 726,491.56 7.250000 % 642.86
B-3 76110FNQ2 1,341,561.05 981,802.54 7.250000 % 868.76
-------------------------------------------------------------------------------
298,104,002.05 151,638,326.91 2,047,133.52
===============================================================================
_______________________________________________________________________________
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 30,999.65 379,825.27 0.00 0.00 3,786,642.61
A-3 0.00 0.00 0.00 0.00 0.00
A-4 110,508.02 1,738,361.07 0.00 0.00 17,671,000.31
A-5 157,000.45 157,000.45 0.00 0.00 26,000,000.00
A-6 136,367.23 136,367.23 0.00 0.00 22,583,041.00
A-7 346,926.47 397,765.04 0.00 0.00 57,401,784.16
A-8-1 98,398.99 98,398.99 0.00 0.00 0.00
A-8-2 14,586.89 14,586.89 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,332.07 70,319.67 0.00 0.00 10,147,886.63
M-2 26,285.51 30,137.39 0.00 0.00 4,349,149.86
M-3 26,284.92 30,136.71 0.00 0.00 4,349,052.61
B-1 9,645.07 11,058.46 0.00 0.00 1,595,853.73
B-2 4,386.90 5,029.76 0.00 0.00 725,848.70
B-3 5,928.59 6,797.35 0.00 0.00 980,933.78
-------------------------------------------------------------------------------
1,028,650.76 3,075,784.28 0.00 0.00 149,591,193.39
===============================================================================
Run: 07/26/00 10:06:24
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-2 184.571681 15.568571 1.383557 16.952128 0.000000 169.003110
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 794.383783 67.006057 4.548756 71.554813 0.000000 727.377726
A-5 1000.000000 0.000000 6.038479 6.038479 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038479 6.038479 0.000000 1000.000000
A-7 968.539868 0.857040 5.848508 6.705548 0.000000 967.682828
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-1 973.477441 0.861409 5.878323 6.739732 0.000000 972.616032
M-2 973.477444 0.861410 5.878323 6.739733 0.000000 972.616035
M-3 973.477446 0.861409 5.878323 6.739732 0.000000 972.616037
B-1 974.180971 0.862033 5.882575 6.744608 0.000000 973.318938
B-2 974.894740 0.862668 5.886876 6.749544 0.000000 974.032072
B-3 731.835901 0.647559 4.419173 5.066732 0.000000 731.188331
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:24 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 31,179.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,890.04
SUBSERVICER ADVANCES THIS MONTH 27,698.65
MASTER SERVICER ADVANCES THIS MONTH 9,231.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,166,646.29
(B) TWO MONTHLY PAYMENTS: 4 482,718.20
(C) THREE OR MORE MONTHLY PAYMENTS: 5 614,420.37
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 353,167.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 149,591,193.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,558
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 10
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,240,580.34
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,912,952.09
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.38077940 % 12.43932200 % 2.17989820 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.19383070 % 12.59839478 % 2.20777450 %
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 8.47276699
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 317.36
POOL TRADING FACTOR: 50.18087391
................................................................................
Run: 07/26/00 10:05:37 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 4,553,533.47 7.765129 % 10,768.86
R 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
25,117,531.34 4,553,533.47 10,768.86
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 29,422.65 40,191.51 0.00 0.00 4,542,764.61
R 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
29,422.65 40,191.51 0.00 0.00 4,542,764.61
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 181.289053 0.428739 1.171399 1.600138 0.000000 180.860314
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:05:37 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 1,407.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 230.91
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 314.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 4,542,764.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 39
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 43,746.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,558.91
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 8.47800709
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.63
POOL TRADING FACTOR: 18.08603142
................................................................................
Run: 07/26/00 10:06:25 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS13(POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4277
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNS8 31,499,000.00 12,094,400.51 7.250000 % 211,742.17
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 20,707,695.72 7.250000 % 554,778.17
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 61,260,639.31 7.250000 % 68,255.20
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 32,189,020.99 7.000000 % 563,547.83
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 52,929,666.33 0.000000 % 530,482.11
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 9.105000 % 0.00
A-14 76110FPF4 0.00 0.00 5.395000 % 0.00
A-15 76110FPG2 26,249,000.00 10,078,603.07 7.000000 % 176,450.69
A-16 76110FPH0 2,386,273.00 916,236.76 10.000000 % 16,040.97
A-17 76110FPJ6 139,012.74 124,951.51 0.000000 % 154.55
A-18-1 0.00 0.00 0.901690 % 0.00
A-18-2 0.00 0.00 0.597947 % 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 15,841,435.01 7.250000 % 17,650.16
M-2 76110FPP2 5,422,000.00 5,280,153.72 7.250000 % 5,883.03
M-3 76110FPQ0 6,507,000.00 6,336,768.78 7.250000 % 7,060.28
B-1 76110FPR8 2,386,000.00 2,323,579.27 7.250000 % 2,588.88
B-2 76110FPS6 1,085,000.00 1,056,615.04 7.250000 % 1,177.26
B-3 76110FPT4 1,952,210.06 1,718,252.15 7.250000 % 1,914.46
-------------------------------------------------------------------------------
433,792,422.80 244,337,433.17 2,157,725.76
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 73,046.56 284,788.73 0.00 0.00 11,882,658.34
A-2 0.00 0.00 0.00 0.00 0.00
A-3 125,068.28 679,846.45 0.00 0.00 20,152,917.55
A-4 40,737.78 40,737.78 0.00 0.00 6,745,000.00
A-5 25,580.64 25,580.64 0.00 0.00 4,235,415.00
A-6 63,410.82 63,410.82 0.00 0.00 10,499,000.00
A-7 369,995.92 438,251.12 0.00 0.00 61,192,384.11
A-8 0.00 0.00 0.00 0.00 0.00
A-9 187,708.19 751,256.02 0.00 0.00 31,625,473.16
A-10 6,703.87 6,703.87 0.00 0.00 0.00
A-11 0.00 530,482.11 0.00 0.00 52,399,184.22
A-12 159,839.67 159,839.67 0.00 0.00 0.00
A-13 100,368.29 100,368.29 0.00 0.00 0.00
A-14 59,471.38 59,471.38 0.00 0.00 0.00
A-15 58,772.72 235,223.41 0.00 0.00 9,902,152.38
A-16 7,632.83 23,673.80 0.00 0.00 900,195.79
A-17 0.00 154.55 0.00 0.00 124,796.96
A-18-1 140,739.32 140,739.32 0.00 0.00 0.00
A-18-2 28,381.13 28,381.13 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 95,677.52 113,327.68 0.00 0.00 15,823,784.85
M-2 31,890.55 37,773.58 0.00 0.00 5,274,270.69
M-3 38,272.18 45,332.46 0.00 0.00 6,329,708.50
B-1 14,033.72 16,622.60 0.00 0.00 2,320,990.39
B-2 6,381.64 7,558.90 0.00 0.00 1,055,437.78
B-3 10,377.73 12,292.19 0.00 0.00 1,716,337.69
-------------------------------------------------------------------------------
1,644,090.74 3,801,816.50 0.00 0.00 242,179,707.41
===============================================================================
Run: 07/26/00 10:06:25
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-1 383.961412 6.722187 2.319012 9.041199 0.000000 377.239225
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 507.554002 13.597837 3.065474 16.663311 0.000000 493.956164
A-4 1000.000000 0.000000 6.039701 6.039701 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039701 6.039701 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039701 6.039701 0.000000 1000.000000
A-7 972.406535 1.083433 5.873044 6.956477 0.000000 971.323102
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 471.019784 8.246358 2.746721 10.993079 0.000000 462.773426
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 529.093957 5.302789 0.000000 5.302789 0.000000 523.791167
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-15 383.961411 6.722187 2.239046 8.961233 0.000000 377.239224
A-16 383.961416 6.722187 3.198641 9.920828 0.000000 377.239229
A-17 898.849343 1.111769 0.000000 1.111769 0.000000 897.737574
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-1 973.838754 1.085029 5.881694 6.966723 0.000000 972.753725
M-2 973.838753 1.085030 5.881695 6.966725 0.000000 972.753724
M-3 973.838755 1.085028 5.881694 6.966722 0.000000 972.753727
B-1 973.838755 1.085029 5.881693 6.966722 0.000000 972.753726
B-2 973.838747 1.085032 5.881696 6.966728 0.000000 972.753714
B-3 880.157410 0.980653 5.315888 6.296541 0.000000 879.176748
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:25 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 50,643.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 600.10
SUBSERVICER ADVANCES THIS MONTH 39,680.81
MASTER SERVICER ADVANCES THIS MONTH 2,043.53
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 2,712,723.28
(B) TWO MONTHLY PAYMENTS: 6 495,241.10
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,283,075.85
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 765,801.08
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 242,179,707.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,293
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 283,474.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,885,502.67
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 56,174.37
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.66865680 % 11.24363400 % 2.08770920 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.56481300 % 11.32537665 % 2.10397130 %
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 8.35711595
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.35
POOL TRADING FACTOR: 55.82847802
................................................................................
Run: 07/26/00 10:06:26 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 0.00 7.000000 % 0.00
A-2 76110FPV9 117,395,000.00 45,689,213.94 7.000000 % 2,667,956.84
A-3 76110FPW7 51,380,000.00 50,160,821.78 7.000000 % 2,438,739.13
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 1.115653 % 0.00
A-6-2 0.00 0.00 0.908768 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,079,573.81 7.000000 % 9,701.63
M-2 76110FQD8 4,054,000.00 3,960,045.91 7.000000 % 3,467.54
M-3 76110FQE6 4,865,000.00 4,763,306.23 7.000000 % 4,170.90
B-1 76110FQF3 1,783,800.00 1,750,214.75 7.000000 % 1,532.54
B-2 76110FQG1 810,800.00 797,555.49 7.000000 % 698.36
B-3 76110FQH9 1,459,579.11 1,281,525.43 7.000000 % 645.05
-------------------------------------------------------------------------------
324,327,779.11 186,384,257.34 5,126,911.99
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 266,415.07 2,934,371.91 0.00 0.00 43,021,257.10
A-3 292,489.14 2,731,228.27 0.00 0.00 47,722,082.65
A-4 10,857.38 10,857.38 0.00 0.00 1,862,000.00
A-5 379,250.04 379,250.04 0.00 0.00 65,040,000.00
A-6-1 134,918.40 134,918.40 0.00 0.00 0.00
A-6-2 31,194.91 31,194.91 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 64,605.30 74,306.93 0.00 0.00 11,069,872.18
M-2 23,091.14 26,558.68 0.00 0.00 3,956,578.37
M-3 27,774.97 31,945.87 0.00 0.00 4,759,135.33
B-1 10,205.55 11,738.09 0.00 0.00 1,748,682.21
B-2 4,650.57 5,348.93 0.00 0.00 796,857.13
B-3 7,472.62 8,117.67 0.00 0.00 1,280,403.27
-------------------------------------------------------------------------------
1,252,925.09 6,379,837.08 0.00 0.00 181,256,868.24
===============================================================================
_______________________________________________________________________________
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-2 389.192163 22.726324 2.269390 24.995714 0.000000 366.465838
A-3 976.271346 47.464755 5.692665 53.157420 0.000000 928.806591
A-4 1000.000000 0.000000 5.831031 5.831031 0.000000 1000.000000
A-5 1000.000000 0.000000 5.831028 5.831028 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-1 976.044911 0.854656 5.691345 6.546001 0.000000 975.190255
M-2 976.824349 0.855338 5.695890 6.551228 0.000000 975.969011
M-3 979.096861 0.857328 5.709141 6.566469 0.000000 978.239533
B-1 981.172076 0.859143 5.721241 6.580384 0.000000 980.312933
B-2 983.664887 0.861322 5.735779 6.597101 0.000000 982.803564
B-3 878.010257 0.441942 5.119709 5.561651 0.000000 877.241433
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:26 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 38,236.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 31,369.97
MASTER SERVICER ADVANCES THIS MONTH 5,114.57
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,984,461.95
(B) TWO MONTHLY PAYMENTS: 1 68,687.01
(C) THREE OR MORE MONTHLY PAYMENTS: 9 636,754.36
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,354,181.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 181,256,868.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,723
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 8
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 665,860.97
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,964,185.14
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.32069870 % 10.62478500 % 2.05451670 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.97344340 % 10.91577167 % 2.11078490 %
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 8.34868472
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.79
POOL TRADING FACTOR: 55.88693905
................................................................................
Run: 07/26/00 10:06:27 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 5,027,024.23 6.750000 % 231,613.40
A-2 76110FQK2 158,282,400.00 39,784,472.88 6.500000 % 1,833,016.24
A-3 76110FQL0 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 15,570,985.63 7.251250 % 360,698.50
A-5 76110FQN6 0.00 0.00 1.774525 % 0.00
A-6 76110FQP1 13,504,750.00 5,326,510.63 7.151250 % 126,507.24
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 116,821.91 0.000000 % 157.32
A-9-1 0.00 0.00 1.042233 % 0.00
A-9-2 0.00 0.00 0.723156 % 0.00
R-I 76110FQT3 100.00 0.00 7.000000 % 0.00
R-II 76110FQU0 100.00 0.00 7.000000 % 0.00
M-1 76110FQV8 17,350,800.00 16,919,881.51 7.000000 % 17,750.45
M-2 76110FQW6 5,422,000.00 5,287,341.07 7.000000 % 5,546.89
M-3 76110FQX4 5,422,000.00 5,287,341.07 7.000000 % 5,546.89
B-1 76110FQY2 2,385,700.00 2,326,449.61 7.000000 % 2,440.65
B-2 76110FQZ9 1,084,400.00 1,057,468.23 7.000000 % 1,109.38
B-3 76110FRA3 1,952,351.82 1,644,334.05 7.000000 % 667.65
-------------------------------------------------------------------------------
433,770,084.51 267,686,530.82 2,585,054.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 28,267.17 259,880.57 0.00 0.00 4,795,410.83
A-2 215,424.28 2,048,440.52 0.00 0.00 37,951,456.64
A-3 464,373.43 464,373.43 0.00 0.00 82,584,000.00
A-4 94,058.19 454,756.69 0.00 0.00 15,210,287.13
A-5 30,891.86 30,891.86 0.00 0.00 0.00
A-6 31,731.63 158,238.87 0.00 0.00 5,200,003.39
A-7 505,888.40 505,888.40 0.00 0.00 86,753,900.00
A-8 0.00 157.32 0.00 0.00 116,664.59
A-9-1 171,502.23 171,502.23 0.00 0.00 0.00
A-9-2 42,262.58 42,262.58 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 98,664.98 116,415.43 0.00 0.00 16,902,131.06
M-2 30,832.09 36,378.98 0.00 0.00 5,281,794.18
M-3 30,832.09 36,378.98 0.00 0.00 5,281,794.18
B-1 13,566.24 16,006.89 0.00 0.00 2,324,008.96
B-2 6,166.41 7,275.79 0.00 0.00 1,056,358.85
B-3 9,588.61 10,256.26 0.00 0.00 1,639,872.20
-------------------------------------------------------------------------------
1,774,050.19 4,359,104.80 0.00 0.00 265,097,682.01
===============================================================================
Run: 07/26/00 10:06:27
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-1 251.351212 11.580670 1.413359 12.994029 0.000000 239.770542
A-2 251.351211 11.580670 1.361012 12.941682 0.000000 239.770541
A-3 1000.000000 0.000000 5.623044 5.623044 0.000000 1000.000000
A-4 400.397174 9.275113 2.418642 11.693755 0.000000 391.122060
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 394.417566 9.367611 2.349664 11.717275 0.000000 385.049956
A-7 1000.000000 0.000000 5.831304 5.831304 0.000000 1000.000000
A-8 842.064765 1.133979 0.000000 1.133979 0.000000 840.930786
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-1 975.164345 1.023034 5.686480 6.709514 0.000000 974.141311
M-2 975.164343 1.023034 5.686479 6.709513 0.000000 974.141310
M-3 975.164343 1.023034 5.686479 6.709513 0.000000 974.141310
B-1 975.164358 1.023033 5.686482 6.709515 0.000000 974.141325
B-2 975.164358 1.023036 5.686472 6.709508 0.000000 974.141322
B-3 842.232447 0.341972 4.911313 5.253285 0.000000 839.947075
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:27 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 55,371.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 69,402.55
MASTER SERVICER ADVANCES THIS MONTH 3,635.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 5,127,505.06
(B) TWO MONTHLY PAYMENTS: 4 387,452.40
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,652,887.91
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,997,659.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 265,097,682.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,410
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 480,863.99
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,291,198.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 47,099.85
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.84510560 % 10.27566400 % 1.87923060 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.74026920 % 10.36060339 % 1.89456590 %
BANKRUPTCY AMOUNT AVAILABLE 110,151.00
FRAUD AMOUNT AVAILABLE 2,788,933.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,788,933.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.23510713
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.31
POOL TRADING FACTOR: 61.11479133
................................................................................
Run: 07/31/00 10:11:14 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 76,104,093.77 6.500000 % 1,189,929.93
A-2 76110FRC9 34,880,737.00 16,879,374.81 6.500000 % 452,075.17
A-3-1 0.00 0.00 1.239621 % 0.00
A-3-2 0.00 0.00 0.987841 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,553,372.46 6.500000 % 14,934.84
M-2 76110FRG0 785,100.00 710,403.06 6.500000 % 2,985.83
M-3 76110FRH8 707,000.00 639,733.73 6.500000 % 2,688.80
B-1 76110FRJ4 471,200.00 426,368.50 6.500000 % 1,792.03
B-2 76110FRK1 314,000.00 284,125.02 6.500000 % 1,194.18
B-3 76110FRL9 471,435.62 393,043.86 6.500000 % 1,651.97
-------------------------------------------------------------------------------
157,074,535.62 98,990,515.21 1,667,252.75
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 411,838.01 1,601,767.94 0.00 0.00 74,914,163.84
A-2 91,342.90 543,418.07 0.00 0.00 16,427,299.64
A-3-1 81,664.85 81,664.85 0.00 0.00 0.00
A-3-2 16,333.65 16,333.65 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,229.10 34,163.94 0.00 0.00 3,538,437.62
M-2 3,844.36 6,830.19 0.00 0.00 707,417.23
M-3 3,461.92 6,150.72 0.00 0.00 637,044.93
B-1 2,307.30 4,099.33 0.00 0.00 424,576.47
B-2 1,537.54 2,731.72 0.00 0.00 282,930.84
B-3 2,126.96 3,778.93 0.00 0.00 391,391.89
-------------------------------------------------------------------------------
633,686.59 2,300,939.34 0.00 0.00 97,323,262.46
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 658.807443 10.300822 3.565143 13.865965 0.000000 648.506621
A-2 483.916805 12.960597 2.618720 15.579317 0.000000 470.956208
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-1 904.856751 3.803117 4.896639 8.699756 0.000000 901.053634
M-2 904.856783 3.803121 4.896650 8.699771 0.000000 901.053662
M-3 904.856761 3.803112 4.896634 8.699746 0.000000 901.053649
B-1 904.856749 3.803120 4.896647 8.699767 0.000000 901.053629
B-2 904.856752 3.803121 4.896624 8.699745 0.000000 901.053631
B-3 833.716935 3.504126 4.511666 8.015792 0.000000 830.212808
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:15 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 20,553.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 24,969.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,858,358.53
(B) TWO MONTHLY PAYMENTS: 2 388,311.41
(C) THREE OR MORE MONTHLY PAYMENTS: 1 93,664.12
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 17,662.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 97,323,262.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,168
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 1,251,195.06
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.93169480 % 4.95351400 % 1.11479100 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.85368020 % 5.01719697 % 1.12912290 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,040,322.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,158,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.96964000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 142.72
POOL TRADING FACTOR: 61.95992372
Run: 07/31/00 10:11:15 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 16,791.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 14,874.99
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 1,148,459.16
(B) TWO MONTHLY PAYMENTS: 1 116,728.78
(C) THREE OR MORE MONTHLY PAYMENTS: 1 93,664.12
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 17,662.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 79,551,194.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,103
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 873,219.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.23303680 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.75965080 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,040,322.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,158,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.01290812
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 143.05
POOL TRADING FACTOR: 65.93794235
Run: 07/31/00 10:11:15 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 3,762.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 10,094.85
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 709,899.37
(B) TWO MONTHLY PAYMENTS: 1 271,582.63
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 17,772,068.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 65
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 377,975.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.59662670 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.11663940 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,040,322.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,158,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.77596284
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 141.23
POOL TRADING FACTOR: 48.78551710
................................................................................
Run: 07/31/00 10:11:15 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS4(POOL # 4290)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4290
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FRM7 135,006,400.00 47,802,713.10 6.500000 % 2,400,533.00
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 19,417,233.25 7.151250 % 600,133.25
A-I-4 76110FRQ8 0.00 0.00 1.848750 % 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 48,689,899.14 7.000000 % 691,980.32
A-V-1 0.00 0.00 0.877832 % 0.00
A-V-2 0.00 0.00 0.632803 % 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 13,866,298.76 7.000000 % 19,933.50
M-2 76110FRY1 5,067,800.00 4,952,193.70 7.000000 % 7,119.03
M-3 76110FRZ8 5,067,800.00 4,952,193.70 7.000000 % 7,119.03
B-1 76110FSA2 2,230,000.00 2,179,129.37 7.000000 % 3,132.61
B-2 76110FSB0 1,216,400.00 1,188,651.57 7.000000 % 1,708.75
B-3 76110FSC8 1,621,792.30 1,172,689.40 7.000000 % 1,516.75
-------------------------------------------------------------------------------
405,421,992.30 268,821,446.99 3,733,176.24
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 258,846.37 2,659,379.37 0.00 0.00 45,402,180.10
A-I-2 335,884.72 335,884.72 0.00 0.00 59,732,445.00
A-I-3 115,676.59 715,809.84 0.00 0.00 18,817,100.00
A-I-4 29,904.85 29,904.85 0.00 0.00 0.00
A-I-5 378,272.47 378,272.47 0.00 0.00 64,868,000.00
A-II 283,931.80 975,912.12 0.00 0.00 47,997,918.82
A-V-1 156,792.02 156,792.02 0.00 0.00 0.00
A-V-2 28,687.40 28,687.40 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 80,856.70 100,790.20 0.00 0.00 13,846,365.26
M-2 28,877.07 35,996.10 0.00 0.00 4,945,074.67
M-3 28,877.07 35,996.10 0.00 0.00 4,945,074.67
B-1 12,706.87 15,839.48 0.00 0.00 2,175,996.76
B-2 6,931.22 8,639.97 0.00 0.00 1,186,942.82
B-3 6,838.15 8,354.90 0.00 0.00 1,171,003.60
-------------------------------------------------------------------------------
1,753,083.30 5,486,259.54 0.00 0.00 265,088,101.70
===============================================================================
Run: 07/31/00 10:11:15
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-1 354.077385 17.780883 1.917290 19.698173 0.000000 336.296502
A-I-2 1000.000000 0.000000 5.623154 5.623154 0.000000 1000.000000
A-I-3 471.084483 14.559925 2.806448 17.366373 0.000000 456.524558
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.831419 5.831419 0.000000 1000.000000
A-II 647.446234 9.201499 3.775538 12.977037 0.000000 638.244735
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-1 977.188073 1.404757 5.698147 7.102904 0.000000 975.783316
M-2 977.188070 1.404757 5.698147 7.102904 0.000000 975.783312
M-3 977.188070 1.404757 5.698147 7.102904 0.000000 975.783312
B-1 977.188058 1.404758 5.698148 7.102906 0.000000 975.783300
B-2 977.188071 1.404760 5.698146 7.102906 0.000000 975.783311
B-3 723.082358 0.935231 4.216415 5.151646 0.000000 722.042890
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:15 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 55,447.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,104.98
SUBSERVICER ADVANCES THIS MONTH 57,640.24
MASTER SERVICER ADVANCES THIS MONTH 3,000.65
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 4,546,467.12
(B) TWO MONTHLY PAYMENTS: 7 810,617.57
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,095,743.46
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,269,184.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 265,088,101.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,397
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 399,316.81
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,347,599.98
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 150,683.25
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.46841600 % 8.84255600 % 1.68902830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.33544830 % 8.95419841 % 1.71035330 %
BANKRUPTCY AMOUNT AVAILABLE 194,225.00
FRAUD AMOUNT AVAILABLE 2,756,717.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,756,717.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.15642900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.34
POOL TRADING FACTOR: 65.38572321
Run: 07/31/00 10:11:15 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 44,273.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,104.98
SUBSERVICER ADVANCES THIS MONTH 47,017.10
MASTER SERVICER ADVANCES THIS MONTH 2,551.29
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 3,575,774.63
(B) TWO MONTHLY PAYMENTS: 6 707,045.15
(C) THREE OR MORE MONTHLY PAYMENTS: 7 881,092.37
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,138,414.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 211,475,376.31
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,903
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 340,653.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,696,903.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 150,683.25
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.42176310 % 0.00000000 % 1.68902830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.28686090 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 194,225.00
FRAUD AMOUNT AVAILABLE 2,756,717.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,756,717.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.14131650
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.08
POOL TRADING FACTOR: 65.20166479
Run: 07/31/00 10:11:15 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 11,173.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 10,623.14
MASTER SERVICER ADVANCES THIS MONTH 449.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 970,692.49
(B) TWO MONTHLY PAYMENTS: 1 103,572.42
(C) THREE OR MORE MONTHLY PAYMENTS: 2 214,651.09
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 130,769.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 53,612,725.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 494
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 58,663.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 650,696.10
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.65268610 % 0.00000000 % 1.68902830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.52710100 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 194,225.00
FRAUD AMOUNT AVAILABLE 2,756,717.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,756,717.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.21604265
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.36
POOL TRADING FACTOR: 66.12198934
................................................................................
Run: 07/26/00 10:06:29 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS5(POOL # 4299)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4299
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FSD6 151,551,000.00 58,048,970.30 6.750000 % 2,501,700.82
A-2 76110FSE4 75,936,500.00 64,010,422.47 6.750000 % 1,347,069.67
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 1.052205 % 0.00
A-6-2 0.00 0.00 0.847702 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,351,173.12 6.750000 % 15,661.75
M-2 76110FSM6 4,216,900.00 4,117,057.72 6.750000 % 5,220.58
M-3 76110FSN4 4,392,600.00 4,288,597.69 6.750000 % 5,438.10
B-1 76110FSP9 1,757,100.00 1,715,497.66 6.750000 % 2,175.32
B-2 76110FSQ7 1,054,300.00 1,029,337.66 6.750000 % 1,305.24
B-3 76110FSR5 1,405,623.28 1,344,899.58 6.750000 % 1,705.37
-------------------------------------------------------------------------------
351,405,323.28 245,346,456.20 3,880,276.85
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 326,307.88 2,828,008.70 0.00 0.00 55,547,269.48
A-2 359,818.71 1,706,888.38 0.00 0.00 62,663,352.80
A-3 98,292.09 98,292.09 0.00 0.00 17,485,800.00
A-4 74,002.10 74,002.10 0.00 0.00 13,164,700.00
A-5 381,064.66 381,064.66 0.00 0.00 67,790,000.00
A-6-1 162,910.02 162,910.02 0.00 0.00 0.00
A-6-2 41,954.42 41,954.42 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,429.06 85,090.81 0.00 0.00 12,335,511.37
M-2 23,143.02 28,363.60 0.00 0.00 4,111,837.14
M-3 24,107.29 29,545.39 0.00 0.00 4,283,159.59
B-1 9,643.24 11,818.56 0.00 0.00 1,713,322.34
B-2 5,786.16 7,091.40 0.00 0.00 1,028,032.42
B-3 7,560.02 9,265.39 0.00 0.00 1,324,859.28
-------------------------------------------------------------------------------
1,584,018.67 5,464,295.52 0.00 0.00 241,447,844.42
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 383.032578 16.507320 2.153123 18.660443 0.000000 366.525259
A-2 842.946705 17.739423 4.738416 22.477839 0.000000 825.207282
A-3 1000.000000 0.000000 5.621252 5.621252 0.000000 1000.000000
A-4 1000.000000 0.000000 5.621252 5.621252 0.000000 1000.000000
A-5 1000.000000 0.000000 5.621252 5.621252 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-1 976.323296 1.238014 5.488160 6.726174 0.000000 975.085281
M-2 976.323299 1.238014 5.488160 6.726174 0.000000 975.085285
M-3 976.323291 1.238014 5.488160 6.726174 0.000000 975.085278
B-1 976.323294 1.238017 5.488157 6.726174 0.000000 975.085277
B-2 976.323305 1.238016 5.488153 6.726169 0.000000 975.085289
B-3 956.799449 1.213248 5.378411 6.591659 0.000000 942.542217
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:29 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 50,496.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,836.65
SUBSERVICER ADVANCES THIS MONTH 52,036.10
MASTER SERVICER ADVANCES THIS MONTH 3,479.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 3,137,745.74
(B) TWO MONTHLY PAYMENTS: 5 705,965.55
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,579,604.23
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,548,065.27
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 241,447,844.42
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,056
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 7
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 465,083.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,449,031.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 40,659.46
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.87286640 % 8.46021100 % 1.66692230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.72998820 % 8.58591558 % 1.68409620 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,483,752.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,483,752.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.07929316
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.32
POOL TRADING FACTOR: 68.70921652
................................................................................
Run: 07/31/00 10:11:15 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6(POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4301
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FSS3 20,174,375.00 13,475,366.57 6.750000 % 292,606.94
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 3,437,903.76 6.750000 % 561,805.33
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 81,731,251.51 6.750000 % 2,392,251.95
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 41,731,203.61 6.750000 % 1,896,039.81
NB-2 76110FTA1 4,494,000.00 0.00 6.750000 % 0.00
NB-3 76110FTB9 9,662,500.00 9,662,500.00 6.750000 % 0.00
NB-4 76110FTC7 10,000,000.00 5,706,797.19 6.750000 % 210,537.75
A-P 76110FTE3 57,464.36 51,171.25 0.000000 % 66.97
A-V-1 0.00 0.00 0.999679 % 0.00
A-V-2 0.00 0.00 0.720366 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,758,381.94 6.750000 % 11,001.39
M-2 76110FTH6 5,029,000.00 4,907,032.47 6.750000 % 4,231.27
M-3 76110FTJ2 4,224,500.00 4,122,043.87 6.750000 % 3,554.39
B-1 76110FTK9 2,011,600.00 1,962,812.97 6.750000 % 1,692.51
B-2 76110FTL7 1,207,000.00 1,177,726.82 6.750000 % 1,015.54
B-3 76110FTM5 1,609,449.28 1,568,321.38 6.750000 % 1,352.30
-------------------------------------------------------------------------------
402,311,611.64 284,358,136.34 5,376,156.15
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 75,776.21 368,383.15 0.00 0.00 13,182,759.63
CB-2 221,069.83 221,069.83 0.00 0.00 39,313,092.00
CB-3 77,679.92 77,679.92 0.00 0.00 13,813,906.00
CB-4 19,332.41 581,137.74 0.00 0.00 2,876,098.43
CB-5 115,277.92 115,277.92 0.00 0.00 20,500,000.00
CB-6 459,600.43 2,851,852.38 0.00 0.00 79,338,999.56
CB-7 159,919.30 159,919.30 0.00 0.00 28,438,625.00
NB-1 234,689.12 2,130,728.93 0.00 0.00 39,835,163.80
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,340.24 54,340.24 0.00 0.00 9,662,500.00
NB-4 32,094.04 242,631.79 0.00 0.00 5,496,259.44
A-P 0.00 66.97 0.00 0.00 51,104.28
A-V-1 185,280.14 185,280.14 0.00 0.00 0.00
A-V-2 37,138.83 37,138.83 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 71,743.00 82,744.39 0.00 0.00 12,747,380.55
M-2 27,593.25 31,824.52 0.00 0.00 4,902,801.20
M-3 23,179.10 26,733.49 0.00 0.00 4,118,489.48
B-1 11,037.30 12,729.81 0.00 0.00 1,961,120.46
B-2 6,622.60 7,638.14 0.00 0.00 1,176,711.28
B-3 8,819.00 10,171.30 0.00 0.00 1,566,969.08
-------------------------------------------------------------------------------
1,821,192.64 7,197,348.79 0.00 0.00 278,981,980.19
===============================================================================
Run: 07/31/00 10:11:15
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-1 667.944686 14.503891 3.756062 18.259953 0.000000 653.440794
CB-2 1000.000000 0.000000 5.623313 5.623313 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623313 5.623313 0.000000 1000.000000
CB-4 210.914341 34.466585 1.186037 35.652622 0.000000 176.447756
CB-5 1000.000000 0.000000 5.623313 5.623313 0.000000 1000.000000
CB-6 598.763747 17.525655 3.367036 20.892691 0.000000 581.238092
CB-7 1000.000000 0.000000 5.623313 5.623313 0.000000 1000.000000
NB-1 549.814607 24.980597 3.092063 28.072660 0.000000 524.834010
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.623828 5.623828 0.000000 1000.000000
NB-4 570.679719 21.053775 3.209404 24.263179 0.000000 549.625944
A-P 890.486730 1.165494 0.000000 1.165494 0.000000 889.321235
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-1 975.747156 0.841374 5.486827 6.328201 0.000000 974.905782
M-2 975.747160 0.841374 5.486826 6.328200 0.000000 974.905786
M-3 975.747158 0.841375 5.486827 6.328202 0.000000 974.905783
B-1 975.747152 0.841375 5.486826 6.328201 0.000000 974.905777
B-2 975.747158 0.841375 5.486827 6.328202 0.000000 974.905783
B-3 974.445979 0.840250 5.479514 6.319764 0.000000 973.605753
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:15 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6 (POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4301
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 58,651.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,818.62
SUBSERVICER ADVANCES THIS MONTH 30,250.62
MASTER SERVICER ADVANCES THIS MONTH 410.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,015,981.26
(B) TWO MONTHLY PAYMENTS: 5 684,016.49
(C) THREE OR MORE MONTHLY PAYMENTS: 2 243,446.30
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 99,390.80
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 278,981,980.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,323
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 54,969.22
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,130,785.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.68038330 % 7.66197800 % 1.65596150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.50894890 % 7.80289509 % 1.68672640 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,845,602.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,845,602.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.01879500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.30
POOL TRADING FACTOR: 69.34474972
Run: 07/31/00 10:11:15 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6 (POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4301
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 45,585.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,818.62
SUBSERVICER ADVANCES THIS MONTH 23,345.29
MASTER SERVICER ADVANCES THIS MONTH 410.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 2,471,181.83
(B) TWO MONTHLY PAYMENTS: 4 300,486.29
(C) THREE OR MORE MONTHLY PAYMENTS: 2 243,446.30
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 99,390.80
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 217,008,089.11
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,127
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 54,969.22
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,072,816.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.14051620 % 7.66197800 % 1.65596150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.01503730 % 7.80289509 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,845,602.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,845,602.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.06300843
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.79
POOL TRADING FACTOR: 73.55924922
Run: 07/31/00 10:11:15 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6 (POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4301
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,066.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 6,905.33
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 544,799.43
(B) TWO MONTHLY PAYMENTS: 1 383,530.20
(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 61,973,891.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 196
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 2,057,968.51
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.09922670 % 7.66197800 % 1.65596150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.73724450 % 7.80289508 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,845,602.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,845,602.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86397570
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.10
POOL TRADING FACTOR: 57.75741339
................................................................................
Run: 07/31/00 10:11:16 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7(POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FTZ6 172,668,000.00 103,633,132.51 6.750000 % 2,685,659.33
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 17,228,051.57 6.750000 % 517,971.09
NB-2 76110FUD3 77,840,000.00 44,414,769.75 6.750000 % 247,402.60
NB-3 76110FUE1 3,780,000.00 0.00 6.750000 % 0.00
NB-4 76110FUF8 13,684,000.00 13,684,000.00 6.750000 % 0.00
A-P 76110FUG6 73,404.89 65,017.71 0.000000 % 154.62
A-V 76110FUH4 0.00 0.00 0.930748 % 0.00
R 76110FUJ0 100.00 0.00 6.750000 % 0.00
M-1 76110FUK7 13,245,900.00 12,978,436.47 6.750000 % 16,874.85
M-2 76110FUL5 5,094,600.00 4,991,728.94 6.750000 % 6,490.36
M-3 76110FUM3 4,279,400.00 4,192,989.60 6.750000 % 5,451.82
B-1 76110FUN1 2,037,800.00 1,996,652.40 6.750000 % 2,596.09
B-2 76110FUP6 1,222,600.00 1,197,913.06 6.750000 % 1,557.55
B-3 76110FUQ4 1,631,527.35 1,479,845.21 6.750000 % 1,836.13
-------------------------------------------------------------------------------
407,565,332.24 285,628,537.22 3,485,994.44
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 582,628.27 3,268,287.60 0.00 0.00 100,947,473.18
CB-2 199,868.69 199,868.69 0.00 0.00 35,551,000.00
CB-3 248,577.93 248,577.93 0.00 0.00 44,215,000.00
NB-1 96,839.43 614,810.52 0.00 0.00 16,710,080.48
NB-2 249,656.85 497,059.45 0.00 0.00 44,167,367.15
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,918.20 76,918.20 0.00 0.00 13,684,000.00
A-P 0.00 154.62 0.00 0.00 64,863.09
A-V 221,411.61 221,411.61 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,954.29 89,829.14 0.00 0.00 12,961,561.62
M-2 28,059.47 34,549.83 0.00 0.00 4,985,238.58
M-3 23,569.61 29,021.43 0.00 0.00 4,187,537.78
B-1 11,223.57 13,819.66 0.00 0.00 1,994,056.31
B-2 6,733.70 8,291.25 0.00 0.00 1,196,355.51
B-3 8,318.50 10,154.63 0.00 0.00 1,477,869.37
-------------------------------------------------------------------------------
1,826,760.12 5,312,754.56 0.00 0.00 282,142,403.07
===============================================================================
Run: 07/31/00 10:11:16
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7(POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 600.187252 15.553891 3.374269 18.928160 0.000000 584.633361
CB-2 1000.000000 0.000000 5.622027 5.622027 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622027 5.622027 0.000000 1000.000000
NB-1 534.335698 16.065104 3.003518 19.068622 0.000000 518.270594
NB-2 570.590567 3.178348 3.207308 6.385656 0.000000 567.412219
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.621032 5.621032 0.000000 1000.000000
A-P 885.740855 2.106417 0.000000 2.106417 0.000000 883.634438
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-1 979.807825 1.273968 5.507688 6.781656 0.000000 978.533857
M-2 979.807824 1.273969 5.507689 6.781658 0.000000 978.533856
M-3 979.807824 1.273968 5.507690 6.781658 0.000000 978.533855
B-1 979.807832 1.273967 5.507690 6.781657 0.000000 978.533865
B-2 979.807836 1.273965 5.507689 6.781654 0.000000 978.533870
B-3 907.030587 1.125406 5.098597 6.224003 0.000000 905.819549
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:16 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7 (POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4311
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 59,086.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,364.67
SUBSERVICER ADVANCES THIS MONTH 57,446.06
MASTER SERVICER ADVANCES THIS MONTH 2,934.81
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 4,602,253.87
(B) TWO MONTHLY PAYMENTS: 3 580,994.66
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,591,342.21
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 955,424.45
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 282,142,403.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,196
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 394,135.89
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,107,380.18
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.60189280 % 7.75943300 % 1.63653490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.49813780 % 7.84509444 % 1.65496380 %
BANKRUPTCY AMOUNT AVAILABLE 158,374.00
FRAUD AMOUNT AVAILABLE 2,825,805.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,825,805.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.00865600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.58
POOL TRADING FACTOR: 69.22630085
Run: 07/31/00 10:11:16 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7 (POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4311
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 41,609.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,607.76
SUBSERVICER ADVANCES THIS MONTH 35,338.80
MASTER SERVICER ADVANCES THIS MONTH 2,934.81
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,085,620.23
(B) TWO MONTHLY PAYMENTS: 2 351,176.42
(C) THREE OR MORE MONTHLY PAYMENTS: 9 760,850.47
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 572,863.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 198,628,620.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,935
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 394,135.89
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,407,734.91
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.09949600 % 7.75943300 % 1.63653490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.99159290 % 7.84509444 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 158,374.00
FRAUD AMOUNT AVAILABLE 2,825,805.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,825,805.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.07197876
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.03
POOL TRADING FACTOR: 73.36658020
Run: 07/31/00 10:11:16 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7 (POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4311
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,477.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,756.91
SUBSERVICER ADVANCES THIS MONTH 22,107.26
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 1,516,633.64
(B) TWO MONTHLY PAYMENTS: 1 229,818.24
(C) THREE OR MORE MONTHLY PAYMENTS: 2 830,491.74
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 382,561.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 83,513,782.56
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 261
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 699,645.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.41280340 % 7.75943300 % 1.63653490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.32407560 % 7.84509444 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 158,374.00
FRAUD AMOUNT AVAILABLE 2,825,805.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,825,805.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.85805030
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.89
POOL TRADING FACTOR: 61.03431630
................................................................................
Run: 07/31/00 10:11:16 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8(POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4306
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110FTN3 124,454,000.00 91,857,233.90 6.500000 % 1,188,858.38
NB 76110FTP8 41,430,000.00 25,582,764.88 6.500000 % 147,952.19
A-P 76110FTQ6 63,383.01 55,374.07 0.000000 % 238.69
A-V 76110FTV5 0.00 0.00 0.927618 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,141,650.43 6.500000 % 17,122.55
M-2 76110FTT0 780,000.00 716,771.08 6.500000 % 2,963.30
M-3 76110FTU7 693,500.00 637,282.99 6.500000 % 2,634.68
B-1 76110FTW3 520,000.00 477,847.43 6.500000 % 1,975.53
B-2 76110FTX1 433,500.00 398,359.30 6.500000 % 1,646.91
B-3 76110FTY9 433,464.63 398,326.88 6.500000 % 1,646.77
-------------------------------------------------------------------------------
173,314,947.64 124,265,610.96 1,365,039.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 496,906.86 1,685,765.24 0.00 0.00 90,668,375.52
NB 138,391.40 286,343.59 0.00 0.00 25,434,812.69
A-P 0.00 238.69 0.00 0.00 55,135.38
A-V 95,933.13 95,933.13 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 22,404.49 39,527.04 0.00 0.00 4,124,527.88
M-2 3,877.41 6,840.71 0.00 0.00 713,807.78
M-3 3,447.42 6,082.10 0.00 0.00 634,648.31
B-1 2,584.94 4,560.47 0.00 0.00 475,871.90
B-2 2,154.95 3,801.86 0.00 0.00 396,712.39
B-3 2,154.77 3,801.54 0.00 0.00 396,680.11
-------------------------------------------------------------------------------
767,855.37 2,132,894.37 0.00 0.00 122,900,571.96
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 738.081813 9.552593 3.992695 13.545288 0.000000 728.529220
NB 617.493721 3.571137 3.340367 6.911504 0.000000 613.922585
A-P 873.642164 3.765781 0.000000 3.765781 0.000000 869.876382
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-1 918.937304 3.799101 4.971043 8.770144 0.000000 915.138203
M-2 918.937282 3.799103 4.971038 8.770141 0.000000 915.138180
M-3 918.937260 3.799106 4.971045 8.770151 0.000000 915.138154
B-1 918.937365 3.799096 4.971038 8.770134 0.000000 915.138269
B-2 918.937255 3.799100 4.971050 8.770150 0.000000 915.138155
B-3 918.937446 3.799087 4.971040 8.770127 0.000000 915.138351
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 25,753.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,282.22
SUBSERVICER ADVANCES THIS MONTH 16,432.18
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 862,997.06
(B) TWO MONTHLY PAYMENTS: 5 436,159.26
(C) THREE OR MORE MONTHLY PAYMENTS: 1 245,345.76
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 85,163.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 122,900,571.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,410
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 851,287.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.54937190 % 4.42254700 % 1.02565270 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.51160050 % 4.45318023 % 1.03322060 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 1,236,139.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,236,139.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.75472900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 147.01
POOL TRADING FACTOR: 70.91169783
Run: 07/31/00 10:11:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,077.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,262.01
SUBSERVICER ADVANCES THIS MONTH 11,839.29
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 862,997.06
(B) TWO MONTHLY PAYMENTS: 4 207,428.60
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 85,163.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 95,773,830.37
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,316
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 817,373.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.74395520 % 4.42254700 % 1.02565270 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.70332060 % 4.45318023 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 1,236,139.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,236,139.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.82094724
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 147.15
POOL TRADING FACTOR: 73.66000780
Run: 07/31/00 10:11:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 5,675.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,020.21
SUBSERVICER ADVANCES THIS MONTH 4,592.89
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 1 228,730.66
(C) THREE OR MORE MONTHLY PAYMENTS: 1 245,345.76
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 27,126,741.59
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 33,914.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.85724160 % 4.42254700 % 1.02565270 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.83443920 % 4.45318022 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 1,236,139.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,236,139.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.52093731
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 146.52
POOL TRADING FACTOR: 62.65781288
................................................................................
Run: 07/26/00 10:06:30 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10(POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4313
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FUR2 25,000,000.00 14,490,319.17 6.750000 % 485,692.48
A-2 76110FUS0 29,011,000.00 0.00 6.750000 % 0.00
A-3 76110FUT8 12,434,000.00 4,256,704.35 6.750000 % 1,718,613.15
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 15,900,144.03 6.750000 % 41,219.24
A-11 76110FVB6 10,998.00 10,422.72 0.000000 % 12.91
A-12 76110FVC4 0.00 0.00 0.991800 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,741,751.85 6.750000 % 12,292.43
M-2 76110FVF7 2,011,300.00 1,975,779.05 6.750000 % 5,121.97
M-3 76110FVG5 2,011,300.00 1,975,779.05 6.750000 % 5,121.97
B-1 76110FVH3 884,900.00 869,272.06 6.750000 % 2,253.49
B-2 76110FVJ9 482,700.00 474,175.18 6.750000 % 1,229.24
B-3 76110FVK6 643,577.01 632,210.93 6.750000 % 1,638.95
-------------------------------------------------------------------------------
160,885,875.01 112,709,558.39 2,273,195.83
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 81,491.34 567,183.82 0.00 0.00 14,004,626.69
A-2 0.00 0.00 0.00 0.00 0.00
A-3 23,939.05 1,742,552.20 0.00 0.00 2,538,091.20
A-4 97,877.44 97,877.44 0.00 0.00 17,404,000.00
A-5 44,040.35 44,040.35 0.00 0.00 7,831,000.00
A-6 77,907.16 77,907.16 0.00 0.00 13,853,000.00
A-7 83,716.59 83,716.59 0.00 0.00 14,886,000.00
A-8 47,290.94 47,290.94 0.00 0.00 8,409,000.00
A-9 28,119.24 28,119.24 0.00 0.00 5,000,000.00
A-10 89,419.98 130,639.22 0.00 0.00 15,858,924.79
A-11 0.00 12.91 0.00 0.00 10,409.81
A-12 93,135.32 93,135.32 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,666.88 38,959.31 0.00 0.00 4,729,459.42
M-2 11,111.48 16,233.45 0.00 0.00 1,970,657.08
M-3 11,111.48 16,233.45 0.00 0.00 1,970,657.08
B-1 4,888.66 7,142.15 0.00 0.00 867,018.57
B-2 2,666.69 3,895.93 0.00 0.00 472,945.94
B-3 3,555.46 5,194.41 0.00 0.00 630,571.98
-------------------------------------------------------------------------------
726,938.06 3,000,133.89 0.00 0.00 110,436,362.56
===============================================================================
Run: 07/26/00 10:06:30
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10(POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4313
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 579.612767 19.427699 3.259654 22.687353 0.000000 560.185068
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 342.343924 138.218848 1.925290 140.144138 0.000000 204.125076
A-4 1000.000000 0.000000 5.623847 5.623847 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623848 5.623848 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623848 5.623848 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623847 5.623847 0.000000 1000.000000
A-8 1000.000000 0.000000 5.623848 5.623848 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623848 5.623848 0.000000 1000.000000
A-10 982.339307 2.546598 5.524526 8.071124 0.000000 979.792709
A-11 947.692308 1.173850 0.000000 1.173850 0.000000 946.518458
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-1 982.339310 2.546598 5.524525 8.071123 0.000000 979.792712
M-2 982.339308 2.546597 5.524526 8.071123 0.000000 979.792711
M-3 982.339308 2.546597 5.524526 8.071123 0.000000 979.792711
B-1 982.339315 2.546604 5.524534 8.071138 0.000000 979.792711
B-2 982.339300 2.546592 5.524529 8.071121 0.000000 979.792708
B-3 982.339208 2.546595 5.524529 8.071124 0.000000 979.792581
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:30 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10 (POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4313
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,254.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,984.12
SUBSERVICER ADVANCES THIS MONTH 34,849.82
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 2,521,276.84
(B) TWO MONTHLY PAYMENTS: 2 420,047.93
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,080,565.46
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 764,406.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 110,436,362.56
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 879
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,981,024.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 196,874.70
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.53322990 % 7.71373300 % 1.75303760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.36339750 % 7.85137556 % 1.78448670 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,105,289.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,275,183.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.06783149
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.60
POOL TRADING FACTOR: 68.64267143
................................................................................
Run: 07/26/00 10:06:31 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9(POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4314
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FVL4 99,000,000.00 0.00 6.750000 % 0.00
A-2 76110FVM2 43,000,000.00 34,647,293.10 6.750000 % 4,609,618.93
A-3 76110FVN0 60,000,000.00 60,000,000.00 6.750000 % 0.00
A-4 76110FVP5 27,000,000.00 27,000,000.00 6.750000 % 0.00
A-5 76110FVQ3 52,500,000.00 52,500,000.00 6.750000 % 0.00
A-6 76110FVR1 36,500,000.00 36,500,000.00 6.750000 % 0.00
A-7 76110FVS9 25,000,000.00 25,000,000.00 6.750000 % 0.00
A-8 76110FVT7 10,405,000.00 10,405,000.00 7.451250 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 4.646658 % 0.00
A-10 76110FVV2 7,590,000.00 6,760,646.91 6.750000 % 61,086.96
A-11 76110FVW0 7,500,000.00 7,500,000.00 6.750000 % 0.00
A-12 76110FVX8 28,126,000.00 28,126,000.00 6.750000 % 0.00
A-13 76110FVY6 77,829.78 73,570.00 0.000000 % 78.76
A-14 76110FVZ3 0.00 0.00 0.922505 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,550,958.67 6.750000 % 9,752.22
M-2 76110FWC3 5,349,900.00 5,250,337.62 6.750000 % 4,432.75
M-3 76110FWD1 5,349,900.00 5,250,337.62 6.750000 % 4,432.75
B-1 76110FWE9 2,354,000.00 2,310,191.75 6.750000 % 1,950.44
B-2 76110FWF6 1,284,000.00 1,260,104.57 6.750000 % 1,063.88
B-3 76110FWG4 1,712,259.01 1,573,832.77 6.750000 % 1,328.75
-------------------------------------------------------------------------------
427,987,988.79 319,177,273.01 4,693,745.44
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 194,826.83 4,804,445.76 0.00 0.00 30,037,674.17
A-3 337,388.83 337,388.83 0.00 0.00 60,000,000.00
A-4 151,824.98 151,824.98 0.00 0.00 27,000,000.00
A-5 295,215.23 295,215.23 0.00 0.00 52,500,000.00
A-6 205,244.87 205,244.87 0.00 0.00 36,500,000.00
A-7 140,578.68 140,578.68 0.00 0.00 25,000,000.00
A-8 64,587.27 64,587.27 0.00 0.00 10,405,000.00
A-9 13,428.29 13,428.29 0.00 0.00 3,469,000.00
A-10 38,016.11 99,103.07 0.00 0.00 6,699,559.95
A-11 42,173.60 42,173.60 0.00 0.00 7,500,000.00
A-12 158,156.64 158,156.64 0.00 0.00 28,126,000.00
A-13 0.00 78.76 0.00 0.00 73,491.24
A-14 245,288.13 245,288.13 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 64,952.74 74,704.96 0.00 0.00 11,541,206.45
M-2 29,523.42 33,956.17 0.00 0.00 5,245,904.87
M-3 29,523.42 33,956.17 0.00 0.00 5,245,904.87
B-1 12,990.55 14,940.99 0.00 0.00 2,308,241.31
B-2 7,085.76 8,149.64 0.00 0.00 1,259,040.69
B-3 8,849.89 10,178.64 0.00 0.00 1,471,048.96
-------------------------------------------------------------------------------
2,039,655.24 6,733,400.68 0.00 0.00 314,382,072.51
===============================================================================
Run: 07/26/00 10:06:31
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9(POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4314
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 805.751002 107.200440 4.530857 111.731297 0.000000 698.550562
A-3 1000.000000 0.000000 5.623147 5.623147 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623147 5.623147 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623147 5.623147 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623147 5.623147 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623147 5.623147 0.000000 1000.000000
A-8 1000.000000 0.000000 6.207330 6.207330 0.000000 1000.000000
A-9 1000.000000 0.000000 3.870940 3.870940 0.000000 1000.000000
A-10 890.730818 8.048348 5.008710 13.057058 0.000000 882.682470
A-11 1000.000000 0.000000 5.623147 5.623147 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623147 5.623147 0.000000 1000.000000
A-13 945.267994 1.011952 0.000000 1.011952 0.000000 944.256042
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-1 981.389862 0.828566 5.518500 6.347066 0.000000 980.561296
M-2 981.389861 0.828567 5.518499 6.347066 0.000000 980.561295
M-3 981.389861 0.828567 5.518499 6.347066 0.000000 980.561295
B-1 981.389868 0.828564 5.518500 6.347064 0.000000 980.561304
B-2 981.389852 0.828567 5.518505 6.347072 0.000000 980.561285
B-3 919.155782 0.776022 5.168546 5.944568 0.000000 859.127592
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:31 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 65,886.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,587.85
SUBSERVICER ADVANCES THIS MONTH 51,680.06
MASTER SERVICER ADVANCES THIS MONTH 4,226.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 4,377,513.21
(B) TWO MONTHLY PAYMENTS: 9 1,121,811.93
(C) THREE OR MORE MONTHLY PAYMENTS: 5 649,146.86
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 932,177.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 314,382,072.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,476
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 611,877.80
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,233,785.89
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.47745300 % 6.91049100 % 1.61205560 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.38701620 % 7.00835643 % 1.60298870 %
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 8.00050433
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.82
POOL TRADING FACTOR: 73.45581669
................................................................................
Run: 07/26/00 10:06:32 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 1,399,490.01 6.750000 % 1,399,490.01
A-2 76110FWJ8 47,967,000.00 47,967,000.00 6.750000 % 3,293,276.50
A-3 76110FWK5 67,521,000.00 67,521,000.00 6.750000 % 0.00
A-4 76110FWL3 30,346,000.00 30,346,000.00 6.750000 % 0.00
A-5 76110FWM1 45,610,000.00 45,610,000.00 6.750000 % 0.00
A-6 76110FWN9 28,628,000.00 28,628,000.00 6.750000 % 0.00
A-7 76110FWP4 16,219,000.00 16,219,000.00 7.441250 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 4.528694 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 57,641.66 0.000000 % 85.55
A-11 76110FWT6 0.00 0.00 0.870301 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 12,957,809.18 6.750000 % 11,093.92
M-2 76110FWW9 6,000,000.00 5,890,448.78 6.750000 % 5,043.15
M-3 76110FWX7 4,799,500.00 4,711,868.14 6.750000 % 4,034.10
B-1 76110FWY5 2,639,600.00 2,591,404.76 6.750000 % 2,218.65
B-2 76110FWZ2 1,439,500.00 1,413,216.82 6.750000 % 1,209.94
B-3 76110FXA6 1,919,815.88 1,847,960.65 6.750000 % 1,517.14
-------------------------------------------------------------------------------
479,943,188.77 368,635,840.00 4,717,968.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 7,868.78 1,407,358.79 0.00 0.00 0.00
A-2 269,699.59 3,562,976.09 0.00 0.00 44,673,723.50
A-3 379,644.04 379,644.04 0.00 0.00 67,521,000.00
A-4 170,623.63 170,623.63 0.00 0.00 30,346,000.00
A-5 256,447.10 256,447.10 0.00 0.00 45,610,000.00
A-6 160,963.99 160,963.99 0.00 0.00 28,628,000.00
A-7 100,531.90 100,531.90 0.00 0.00 16,219,000.00
A-8 19,035.06 19,035.06 0.00 0.00 5,046,000.00
A-9 542,182.36 542,182.36 0.00 0.00 96,429,000.00
A-10 0.00 85.55 0.00 0.00 57,556.11
A-11 267,239.67 267,239.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,856.67 83,950.59 0.00 0.00 12,946,715.26
M-2 33,119.67 38,162.82 0.00 0.00 5,885,405.63
M-3 26,492.98 30,527.08 0.00 0.00 4,707,834.04
B-1 14,570.45 16,789.10 0.00 0.00 2,589,186.11
B-2 7,945.96 9,155.90 0.00 0.00 1,412,006.88
B-3 10,390.36 11,907.50 0.00 0.00 1,817,465.50
-------------------------------------------------------------------------------
2,339,612.21 7,057,581.17 0.00 0.00 363,888,893.03
===============================================================================
Run: 07/26/00 10:06:32
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 12.482407 12.482407 0.070184 12.552591 0.000000 0.000000
A-2 1000.000000 68.657129 5.622607 74.279736 0.000000 931.342871
A-3 1000.000000 0.000000 5.622607 5.622607 0.000000 1000.000000
A-4 1000.000000 0.000000 5.622607 5.622607 0.000000 1000.000000
A-5 1000.000000 0.000000 5.622607 5.622607 0.000000 1000.000000
A-6 1000.000000 0.000000 5.622607 5.622607 0.000000 1000.000000
A-7 1000.000000 0.000000 6.198403 6.198403 0.000000 1000.000000
A-8 1000.000000 0.000000 3.772307 3.772307 0.000000 1000.000000
A-9 1000.000000 0.000000 5.622607 5.622607 0.000000 1000.000000
A-10 916.796731 1.360682 0.000000 1.360682 0.000000 915.436049
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-1 981.741460 0.840525 5.519947 6.360472 0.000000 980.900935
M-2 981.741463 0.840525 5.519945 6.360470 0.000000 980.900938
M-3 981.741461 0.840525 5.519946 6.360471 0.000000 980.900936
B-1 981.741461 0.840525 5.519946 6.360471 0.000000 980.900936
B-2 981.741452 0.840528 5.519944 6.360472 0.000000 980.900924
B-3 962.571812 0.790253 5.412165 6.202418 0.000000 946.687398
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:32 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 76,270.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,238.03
SUBSERVICER ADVANCES THIS MONTH 69,165.80
MASTER SERVICER ADVANCES THIS MONTH 2,131.17
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 43 6,202,477.94
(B) TWO MONTHLY PAYMENTS: 8 1,361,666.41
(C) THREE OR MORE MONTHLY PAYMENTS: 12 1,194,121.48
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 623,149.84
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 363,888,893.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,836
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 4
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 291,039.61
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,346,503.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.01995440 % 6.39216500 % 1.58788070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.93070790 % 6.46899517 % 1.59927360 %
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 7.94754022
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.75
POOL TRADING FACTOR: 75.81915976
................................................................................
Run: 07/31/00 10:11:17 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 188,037,444.00 149,362,682.62 7.000000 % 2,209,054.53
CB-2 76110FXP8 6,964,350.00 5,531,951.36 0.000000 % 81,816.84
NB-1 76110FXQ1 25,499,800.00 12,113,525.81 6.750000 % 373,631.86
NB-2 76110FXR9 7,423,000.00 7,423,000.00 6.750000 % 0.00
NB-3 76110FXS7 21,430,159.00 21,430,159.00 6.750000 % 0.00
NB-4 76110FXT5 4,020,000.00 4,020,000.00 6.750000 % 0.00
NB-5 76110FXU2 10,500,000.00 10,500,000.00 6.750000 % 0.00
NB-6 76110FXV0 0.00 0.00 0.350000 % 0.00
NB-7 76110FXW8 15,249,000.00 8,259,685.61 6.400000 % 195,079.79
NB-8 76110FXX6 20,899,000.00 13,220,938.40 6.100000 % 214,303.51
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,327.98 0.000000 % 60.48
A-V 76110FYA5 0.00 0.00 0.819668 % 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 8,642,285.70 6.750000 % 7,370.66
M-2 76110FYE7 4,001,000.00 3,928,177.78 6.750000 % 3,350.19
M-3 76110FYF4 3,201,000.00 3,142,738.58 6.750000 % 2,680.32
B-1 76110FYG2 1,760,300.00 1,728,260.78 6.750000 % 1,473.96
B-2 76110FYH0 960,000.00 942,527.01 6.750000 % 803.84
B-3 76110FYJ6 1,280,602.22 1,209,769.93 6.750000 % 1,031.76
-------------------------------------------------------------------------------
320,086,417.14 251,512,030.56 3,090,657.74
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 870,888.60 3,079,943.13 0.00 0.00 147,153,628.09
CB-2 0.00 81,816.84 0.00 0.00 5,450,134.52
NB-1 68,132.55 441,764.41 0.00 0.00 11,739,893.95
NB-2 41,750.69 41,750.69 0.00 0.00 7,423,000.00
NB-3 120,533.97 120,533.97 0.00 0.00 21,430,159.00
NB-4 22,610.50 22,610.50 0.00 0.00 4,020,000.00
NB-5 59,057.27 59,057.27 0.00 0.00 10,500,000.00
NB-6 2,408.86 2,408.86 0.00 0.00 0.00
NB-7 44,047.76 239,127.55 0.00 0.00 8,064,605.82
NB-8 67,200.49 281,504.00 0.00 0.00 13,006,634.89
NB-9 7,160.71 7,160.71 0.00 0.00 0.00
A-P 0.00 60.48 0.00 0.00 56,267.50
A-V 171,740.24 171,740.24 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 48,595.03 55,965.69 0.00 0.00 8,634,915.04
M-2 22,087.90 25,438.09 0.00 0.00 3,924,827.59
M-3 17,671.42 20,351.74 0.00 0.00 3,140,058.26
B-1 9,717.91 11,191.87 0.00 0.00 1,726,786.82
B-2 5,299.77 6,103.61 0.00 0.00 941,723.17
B-3 6,802.46 7,834.22 0.00 0.00 1,208,738.16
-------------------------------------------------------------------------------
1,585,706.13 4,676,363.87 0.00 0.00 248,421,372.81
===============================================================================
Run: 07/31/00 10:11:17
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-1 794.324149 11.747950 4.631464 16.379414 0.000000 782.576198
CB-2 794.324145 11.747951 0.000000 11.747951 0.000000 782.576195
NB-1 475.043954 14.652345 2.671886 17.324231 0.000000 460.391609
NB-2 1000.000000 0.000000 5.624504 5.624504 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624502 5.624502 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624502 5.624502 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624502 5.624502 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 541.654247 12.792956 2.888567 15.681523 0.000000 528.861291
NB-8 632.611053 10.254247 3.215488 13.469735 0.000000 622.356806
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 970.136365 1.041596 0.000000 1.041596 0.000000 969.094769
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-1 981.799000 0.837337 5.520594 6.357931 0.000000 980.961663
M-2 981.798995 0.837338 5.520595 6.357933 0.000000 980.961657
M-3 981.798994 0.837338 5.520594 6.357932 0.000000 980.961656
B-1 981.799000 0.837335 5.520599 6.357934 0.000000 980.961666
B-2 981.798969 0.837333 5.520594 6.357927 0.000000 980.961635
B-3 944.688297 0.805683 5.311923 6.117606 0.000000 943.882609
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:17 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 52,101.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,410.20
SUBSERVICER ADVANCES THIS MONTH 37,574.37
MASTER SERVICER ADVANCES THIS MONTH 2,418.88
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,118,443.57
(B) TWO MONTHLY PAYMENTS: 3 747,351.90
(C) THREE OR MORE MONTHLY PAYMENTS: 4 330,088.25
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 952,767.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 248,421,372.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,787
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 311,765.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,876,178.98
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.18721760 % 6.24749500 % 1.54289150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.11763300 % 6.31982696 % 1.56110830 %
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 7.89521400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.86
POOL TRADING FACTOR: 77.61071995
Run: 07/31/00 10:11:17 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 34,641.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,298.81
SUBSERVICER ADVANCES THIS MONTH 29,757.53
MASTER SERVICER ADVANCES THIS MONTH 2,418.88
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,868,093.53
(B) TWO MONTHLY PAYMENTS: 1 156,541.92
(C) THREE OR MORE MONTHLY PAYMENTS: 4 330,088.25
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 720,643.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 165,331,929.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,516
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 311,765.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,159,167.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.42068310 % 6.24749500 % 1.54289150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.32167880 % 6.31982696 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.96904994
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.81
POOL TRADING FACTOR: 79.47046526
Run: 07/31/00 10:11:17 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS12 (POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4321
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,460.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,111.39
SUBSERVICER ADVANCES THIS MONTH 7,816.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 250,350.04
(B) TWO MONTHLY PAYMENTS: 2 590,809.98
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 232,124.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 83,089,443.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 271
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 717,011.18
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.78254110 % 6.24749500 % 1.54289150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.71161260 % 6.31982695 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.74829531
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.94
POOL TRADING FACTOR: 74.15758027
................................................................................
Run: 07/31/00 10:11:17 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13(POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4322
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 112,514,000.00 90,378,531.98 6.500000 % 1,196,610.63
NB 37,758,000.00 28,099,858.80 6.500000 % 127,094.97
A-P 53,454.22 49,209.91 0.000000 % 205.50
A-V 0.00 0.00 0.844835 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,793,518.08 6.500000 % 15,087.07
M-2 706,500.00 656,409.63 6.500000 % 2,610.58
M-3 628,000.00 583,475.24 6.500000 % 2,320.52
B-1 471,000.00 437,606.44 6.500000 % 1,740.39
B-2 314,000.00 291,737.62 6.500000 % 1,160.26
B-3 471,221.05 437,811.81 6.500000 % 1,741.21
-------------------------------------------------------------------------------
156,999,275.27 124,728,159.51 1,348,571.13
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 489,135.08 1,685,745.71 0.00 0.00 89,181,921.35
NB 152,078.45 279,173.42 0.00 0.00 27,972,763.83
A-P 0.00 205.50 0.00 0.00 49,004.41
A-V 87,737.75 87,737.75 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,530.79 35,617.86 0.00 0.00 3,778,431.01
M-2 3,552.53 6,163.11 0.00 0.00 653,799.05
M-3 3,157.81 5,478.33 0.00 0.00 581,154.72
B-1 2,368.36 4,108.75 0.00 0.00 435,866.05
B-2 1,578.91 2,739.17 0.00 0.00 290,577.36
B-3 2,369.47 4,110.68 0.00 0.00 436,070.61
-------------------------------------------------------------------------------
762,509.15 2,111,080.28 0.00 0.00 123,379,588.39
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 803.264767 10.635215 4.347326 14.982541 0.000000 792.629551
NB 744.209407 3.366041 4.027715 7.393756 0.000000 740.843366
A-P 920.599159 3.844344 0.000000 3.844344 0.000000 916.754816
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 929.100681 3.695094 5.028359 8.723453 0.000000 925.405587
M-2 929.100679 3.695088 5.028351 8.723439 0.000000 925.405591
M-3 929.100701 3.695096 5.028360 8.723456 0.000000 925.405605
B-1 929.100722 3.695096 5.028365 8.723461 0.000000 925.405626
B-2 929.100701 3.695096 5.028376 8.723472 0.000000 925.405605
B-3 929.100705 3.695102 5.028362 8.723464 0.000000 925.405617
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 25,867.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,011.63
SUBSERVICER ADVANCES THIS MONTH 15,224.81
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 582,204.72
(B) TWO MONTHLY PAYMENTS: 3 322,695.26
(C) THREE OR MORE MONTHLY PAYMENTS: 3 293,545.42
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 123,379,588.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,238
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 852,512.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.02677970 % 4.03549800 % 0.93575970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.99240290 % 4.06338264 % 0.94259990 %
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 7.67058200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 151.13
POOL TRADING FACTOR: 78.58608785
Run: 07/31/00 10:11:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,685.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,013.96
SUBSERVICER ADVANCES THIS MONTH 15,224.81
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 582,204.72
(B) TWO MONTHLY PAYMENTS: 3 322,695.26
(C) THREE OR MORE MONTHLY PAYMENTS: 3 293,545.42
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 93,820,600.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,144
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 837,909.15
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.09918920 % 4.03549800 % 0.93575970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.05579880 % 4.06338264 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.72824348
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 150.79
POOL TRADING FACTOR: 79.82600456
Run: 07/31/00 10:11:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 6,182.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,997.67
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 29,558,987.76
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 14,603.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.63752560 % 4.03549800 % 0.93575970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.63370010 % 4.06338265 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.48756310
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 152.21
POOL TRADING FACTOR: 74.89374259
................................................................................
Run: 07/26/00 10:06:35 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 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 77,157,313.53 6.750000 % 2,817,988.01
A-2 76110FYL1 97,975,000.00 63,213,327.01 6.500000 % 267,724.46
A-3 76110FYM9 46,000,000.00 29,679,132.27 6.250000 % 125,698.63
A-4 76110FYN7 37,995,000.00 24,514,317.99 8.000000 % 103,824.34
A-5 76110FYP2 25,759,000.00 25,759,000.00 6.750000 % 0.00
A-6 76110FYQ0 88,071,000.00 88,071,000.00 6.750000 % 0.00
A-P 76110FYR8 95,321.30 88,824.74 0.000000 % 99.04
A-V 76110FYS6 0.00 0.00 0.806232 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,202,113.05 6.750000 % 10,367.53
M-2 76110FYV9 5,563,000.00 5,469,811.04 6.750000 % 4,647.43
M-3 76110FYW7 4,279,000.00 4,207,320.04 6.750000 % 3,574.75
B-1 76110FYX5 2,567,500.00 2,524,490.37 6.750000 % 2,144.93
B-2 76110FYY3 1,283,800.00 1,262,294.34 6.750000 % 1,072.51
B-3 76110FYZ0 1,711,695.86 1,609,431.99 6.750000 % 0.00
-------------------------------------------------------------------------------
427,918,417.16 335,758,376.37 3,337,141.63
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 433,814.37 3,251,802.38 0.00 0.00 74,339,325.52
A-2 342,251.27 609,975.73 0.00 0.00 62,945,602.55
A-3 154,509.17 280,207.80 0.00 0.00 29,553,433.64
A-4 163,355.17 267,179.51 0.00 0.00 24,410,493.65
A-5 144,829.11 144,829.11 0.00 0.00 25,759,000.00
A-6 495,176.20 495,176.20 0.00 0.00 88,071,000.00
A-P 0.00 99.04 0.00 0.00 88,725.70
A-V 225,481.10 225,481.10 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 68,605.97 78,973.50 0.00 0.00 12,191,745.52
M-2 30,753.83 35,401.26 0.00 0.00 5,465,163.61
M-3 23,655.52 27,230.27 0.00 0.00 4,203,745.29
B-1 14,193.86 16,338.79 0.00 0.00 2,522,345.44
B-2 7,097.21 8,169.72 0.00 0.00 1,261,221.83
B-3 8,067.82 8,067.82 0.00 0.00 1,608,064.56
-------------------------------------------------------------------------------
2,111,790.60 5,448,932.23 0.00 0.00 332,419,867.31
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 740.416413 27.041955 4.162966 31.204921 0.000000 713.374458
A-2 645.198541 2.732579 3.493251 6.225830 0.000000 642.465961
A-3 645.198528 2.732579 3.358895 6.091474 0.000000 642.465949
A-4 645.198526 2.732579 4.299386 7.031965 0.000000 642.465947
A-5 1000.000000 0.000000 5.622466 5.622466 0.000000 1000.000000
A-6 1000.000000 0.000000 5.622466 5.622466 0.000000 1000.000000
A-P 931.845663 1.039012 0.000000 1.039012 0.000000 930.806651
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 983.248433 0.835417 5.528281 6.363698 0.000000 982.413015
M-2 983.248434 0.835418 5.528282 6.363700 0.000000 982.413016
M-3 983.248432 0.835417 5.528282 6.363699 0.000000 982.413015
B-1 983.248440 0.835416 5.528280 6.363696 0.000000 982.413024
B-2 983.248434 0.835418 5.528283 6.363701 0.000000 982.413016
B-3 940.255817 0.000000 4.713349 4.713349 0.000000 939.456940
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:35 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 69,582.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,677.32
SUBSERVICER ADVANCES THIS MONTH 52,999.38
MASTER SERVICER ADVANCES THIS MONTH 1,246.48
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 5,060,073.61
(B) TWO MONTHLY PAYMENTS: 9 1,066,033.02
(C) THREE OR MORE MONTHLY PAYMENTS: 6 836,064.22
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 404,033.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 332,419,867.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,624
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 182,124.65
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,053,216.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.87431190 % 6.51809000 % 1.60759790 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.79965920 % 6.57621778 % 1.62236730 %
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 7.88311179
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.73
POOL TRADING FACTOR: 77.68300077
................................................................................
Run: 07/31/00 10:11:18 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-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 250,018,000.00 202,758,010.43 6.500000 % 1,872,031.39
NB 150,029,000.00 117,377,253.27 6.500000 % 1,494,061.66
A-V 0.00 0.00 0.994634 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,384,915.95 6.500000 % 22,453.59
M-2 5,377,000.00 5,288,369.56 6.500000 % 8,254.68
M-3 4,517,000.00 4,442,545.17 6.500000 % 6,934.42
B-1 2,581,000.00 2,538,456.73 6.500000 % 3,962.31
B-2 1,290,500.00 1,269,228.34 6.500000 % 1,981.15
B-3 1,720,903.67 1,692,537.59 6.500000 % 2,641.90
-------------------------------------------------------------------------------
430,159,503.67 349,751,317.04 3,412,321.10
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,097,984.91 2,970,016.30 0.00 0.00 200,885,979.04
NB 635,677.86 2,129,739.52 0.00 0.00 115,883,191.61
A-V 289,828.00 289,828.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 77,897.20 100,350.79 0.00 0.00 14,362,462.36
M-2 28,637.59 36,892.27 0.00 0.00 5,280,114.88
M-3 24,057.28 30,991.70 0.00 0.00 4,435,610.75
B-1 13,746.25 17,708.56 0.00 0.00 2,534,494.42
B-2 6,873.13 8,854.28 0.00 0.00 1,267,247.19
B-3 9,165.43 11,807.33 0.00 0.00 1,562,624.11
-------------------------------------------------------------------------------
2,183,867.65 5,596,188.75 0.00 0.00 346,211,724.36
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 810.973652 7.487586 4.391623 11.879209 0.000000 803.486065
NB 782.363765 9.958486 4.237033 14.195519 0.000000 772.405279
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 983.516748 1.535183 5.325940 6.861123 0.000000 981.981564
M-2 983.516749 1.535183 5.325942 6.861125 0.000000 981.981566
M-3 983.516752 1.535183 5.325942 6.861125 0.000000 981.981570
B-1 983.516749 1.535184 5.325940 6.861124 0.000000 981.981565
B-2 983.516730 1.535180 5.325943 6.861123 0.000000 981.981550
B-3 983.516753 1.535182 5.325940 6.861122 0.000000 908.025323
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS15 (POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4336
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 72,481.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,353.48
SUBSERVICER ADVANCES THIS MONTH 59,792.89
MASTER SERVICER ADVANCES THIS MONTH 5,116.92
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 4,818,776.96
(B) TWO MONTHLY PAYMENTS: 7 825,582.92
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,522,219.12
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 1,172,996.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 346,211,724.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,537
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 745,834.86
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,669,288.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 241,753.06
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.53225390 % 6.89513600 % 1.57260960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.49579530 % 6.95475811 % 1.54944660 %
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 7.79215600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.08
POOL TRADING FACTOR: 80.48449968
Run: 07/31/00 10:11:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS15 (POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4336
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 45,918.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,875.65
SUBSERVICER ADVANCES THIS MONTH 37,587.10
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,107,387.36
(B) TWO MONTHLY PAYMENTS: 7 825,582.92
(C) THREE OR MORE MONTHLY PAYMENTS: 9 994,740.55
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 276,460.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 219,342,372.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,143
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 1,655,702.03
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.62928830 % 0.00000000 % 1.57260960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.58557780 % 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 7.89852293
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.23
POOL TRADING FACTOR: 81.58932792
Run: 07/31/00 10:11:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS15 (POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4336
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 26,563.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,477.83
SUBSERVICER ADVANCES THIS MONTH 22,205.79
MASTER SERVICER ADVANCES THIS MONTH 5,116.92
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 1,711,389.60
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 527,478.57
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 896,536.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 126,869,352.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 394
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 745,834.86
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,013,586.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 241,753.06
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.36511960 % 0.00000000 % 1.57260960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.34057180 % 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 7.60825926
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.56
POOL TRADING FACTOR: 78.64334945
................................................................................
Run: 07/26/00 10:06:35 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 90,982,392.63 6.500000 % 2,066,418.74
A-P 76110FZB2 32,286.88 29,144.48 0.000000 % 121.31
A-V 76110FZC0 0.00 0.00 0.749290 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,067,642.14 6.500000 % 11,745.24
M-2 76110FZF3 517,300.00 484,399.05 6.500000 % 1,854.64
M-3 76110FZG1 459,700.00 430,462.49 6.500000 % 1,648.13
B-1 76110FZH9 344,800.00 322,870.26 6.500000 % 1,236.19
B-2 76110FZJ5 229,800.00 215,184.40 6.500000 % 823.89
B-3 76110FZK2 344,884.43 322,949.32 6.500000 % 1,236.50
-------------------------------------------------------------------------------
114,943,871.31 95,855,044.77 2,085,084.64
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 492,409.48 2,558,828.22 0.00 0.00 88,915,973.89
A-P 0.00 121.31 0.00 0.00 29,023.17
A-V 59,802.67 59,802.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,602.50 28,347.74 0.00 0.00 3,055,896.90
M-2 2,621.64 4,476.28 0.00 0.00 482,544.41
M-3 2,329.72 3,977.85 0.00 0.00 428,814.36
B-1 1,747.42 2,983.61 0.00 0.00 321,634.07
B-2 1,164.61 1,988.50 0.00 0.00 214,360.51
B-3 1,747.85 2,984.35 0.00 0.00 321,712.82
-------------------------------------------------------------------------------
578,425.89 2,663,510.53 0.00 0.00 93,769,960.13
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 829.079841 18.830304 4.487096 23.317400 0.000000 810.249537
A-P 902.672541 3.757254 0.000000 3.757254 0.000000 898.915287
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 936.398700 3.585238 5.067918 8.653156 0.000000 932.813462
M-2 936.398705 3.585231 5.067930 8.653161 0.000000 932.813474
M-3 936.398717 3.585229 5.067914 8.653143 0.000000 932.813487
B-1 936.398666 3.585238 5.067923 8.653161 0.000000 932.813428
B-2 936.398607 3.585248 5.067929 8.653177 0.000000 932.813359
B-3 936.398665 3.585230 5.067930 8.653160 0.000000 932.813407
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS16 (POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4337
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,782.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,590.51
SUBSERVICER ADVANCES THIS MONTH 5,067.03
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 310,791.14
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 159,113.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 93,769,960.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,066
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 1,718,074.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.94551300 % 4.15597800 % 0.89850860 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.85287510 % 4.23083860 % 0.91497630 %
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 7.57090330
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 153.36
POOL TRADING FACTOR: 81.57891244
................................................................................
Run: 07/31/00 10:11:18 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17(POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4347
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FZX4 12,110,000.00 3,797,546.17 6.500000 % 405,055.02
A-2 76110FZY2 100,000,000.00 74,882,033.29 6.500000 % 1,223,965.72
A-3 76110FZZ9 33,937,000.00 26,480,553.40 6.500000 % 363,342.91
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 200,070,000.00 164,532,319.94 6.500000 % 2,543,811.39
NB-1 76110FA78 73,215,000.00 56,353,478.16 6.500000 % 1,987,328.39
NB-2 76110FA86 2,000,000.00 2,000,000.00 6.500000 % 0.00
NB-3 76110FA94 4,725,000.00 4,725,000.00 6.500000 % 0.00
NB-4 76110FB28 4,735,000.00 4,735,000.00 6.500000 % 0.00
NB-5 76110FB36 2,800,000.00 2,800,000.00 6.500000 % 0.00
NB-6 76110FB44 2,664,000.00 2,664,000.00 6.500000 % 0.00
NB-7 76110FB51 10,000,000.00 10,000,000.00 6.500000 % 0.00
A-P 76110FB69 60,240.84 58,976.32 0.000000 % 72.08
A-V 76110FB77 0.00 0.00 0.947632 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 18,925,664.78 6.500000 % 16,136.99
M-2 76110FC27 7,062,000.00 6,958,559.08 6.500000 % 5,933.22
M-3 76110FC35 5,932,000.00 5,845,110.84 6.500000 % 4,983.84
B-1 76110FC43 3,389,000.00 3,339,359.49 6.500000 % 2,847.31
B-2 76110FC50 1,694,000.00 1,669,187.08 6.500000 % 1,423.23
B-3 76110FC68 2,259,938.31 2,226,957.10 6.500000 % 1,898.82
-------------------------------------------------------------------------------
564,904,279.15 471,037,745.65 6,556,798.92
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 20,566.07 425,621.09 0.00 0.00 3,392,491.15
A-2 405,532.77 1,629,498.49 0.00 0.00 73,658,067.57
A-3 143,408.66 506,751.57 0.00 0.00 26,117,210.49
A-4 135,390.55 135,390.55 0.00 0.00 25,000,000.00
A-5 77,557.12 77,557.12 0.00 0.00 14,321,000.00
A-6 3,915.49 3,915.49 0.00 0.00 723,000.00
A-7 81,234.33 81,234.33 0.00 0.00 15,000,000.00
A-8 129,974.92 129,974.92 0.00 0.00 24,000,000.00
CB 890,802.83 3,434,614.22 0.00 0.00 161,988,508.55
NB-1 305,205.30 2,292,533.69 0.00 0.00 54,366,149.77
NB-2 10,831.81 10,831.81 0.00 0.00 2,000,000.00
NB-3 25,590.17 25,590.17 0.00 0.00 4,725,000.00
NB-4 25,644.33 25,644.33 0.00 0.00 4,735,000.00
NB-5 15,164.55 15,164.55 0.00 0.00 2,800,000.00
NB-6 14,427.98 14,427.98 0.00 0.00 2,664,000.00
NB-7 54,159.09 54,159.09 0.00 0.00 10,000,000.00
A-P 0.00 72.08 0.00 0.00 58,904.24
A-V 371,869.04 371,869.04 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 102,479.97 118,616.96 0.00 0.00 18,909,527.79
M-2 37,679.68 43,612.90 0.00 0.00 6,952,625.86
M-3 31,650.50 36,634.34 0.00 0.00 5,840,127.00
B-1 18,082.19 20,929.50 0.00 0.00 3,336,512.18
B-2 9,038.43 10,461.66 0.00 0.00 1,667,763.85
B-3 12,058.67 13,957.49 0.00 0.00 2,200,591.53
-------------------------------------------------------------------------------
2,922,264.45 9,479,063.37 0.00 0.00 464,456,479.98
===============================================================================
Run: 07/31/00 10:11:18
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-1 313.587628 33.447979 1.698272 35.146251 0.000000 280.139649
A-2 748.820333 12.239657 4.055328 16.294985 0.000000 736.580676
A-3 780.285629 10.706394 4.225732 14.932126 0.000000 769.579235
A-4 1000.000000 0.000000 5.415622 5.415622 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415622 5.415622 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415622 5.415622 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415622 5.415622 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415622 5.415622 0.000000 1000.000000
CB 822.373769 12.714607 4.452456 17.167063 0.000000 809.659162
NB-1 769.698534 27.143733 4.168617 31.312350 0.000000 742.554801
NB-2 1000.000000 0.000000 5.415907 5.415907 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415909 5.415909 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.415909 5.415909 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.415910 5.415910 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.415909 5.415909 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.415909 5.415909 0.000000 1000.000000
A-P 979.008925 1.196602 0.000000 1.196602 0.000000 977.812323
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-1 985.352464 0.840162 5.335553 6.175715 0.000000 984.512302
M-2 985.352461 0.840161 5.335554 6.175715 0.000000 984.512300
M-3 985.352468 0.840162 5.335553 6.175715 0.000000 984.512306
B-1 985.352461 0.840162 5.335554 6.175716 0.000000 984.512299
B-2 985.352468 0.840159 5.335553 6.175712 0.000000 984.512308
B-3 985.406146 0.840209 5.335842 6.176051 0.000000 973.739648
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:18 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 97,674.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,964.47
SUBSERVICER ADVANCES THIS MONTH 68,894.44
MASTER SERVICER ADVANCES THIS MONTH 954.45
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 5,459,986.37
(B) TWO MONTHLY PAYMENTS: 5 1,042,175.56
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,743,855.26
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,356,036.55
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 464,456,479.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,522
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 139,672.81
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,079,179.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.71535300 % 6.73604900 % 1.53607730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.61039750 % 6.82567302 % 1.55124710 %
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 7.77408600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.47
POOL TRADING FACTOR: 82.21861599
Run: 07/31/00 10:11:18 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 41,602.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,159.78
SUBSERVICER ADVANCES THIS MONTH 25,274.53
MASTER SERVICER ADVANCES THIS MONTH 399.90
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,939,698.47
(B) TWO MONTHLY PAYMENTS: 3 846,708.56
(C) THREE OR MORE MONTHLY PAYMENTS: 2 294,240.57
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 430,056.30
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 198,900,604.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,501
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 58,612.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,833,795.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.68610260 % 0.00000000 % 1.53607730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.60946000 % 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 7.75415751
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.18
POOL TRADING FACTOR: 82.17313254
Run: 07/31/00 10:11:18 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 37,352.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,261.45
SUBSERVICER ADVANCES THIS MONTH 25,293.64
MASTER SERVICER ADVANCES THIS MONTH 554.55
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,244,542.37
(B) TWO MONTHLY PAYMENTS: 2 195,467.00
(C) THREE OR MORE MONTHLY PAYMENTS: 7 753,343.68
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 282,301.16
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 176,814,617.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,747
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 81,060.65
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,330,134.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.71495750 % 0.00000000 % 1.53607730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.61488530 % 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 7.91353260
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.05
POOL TRADING FACTOR: 82.18342501
Run: 07/31/00 10:11:18 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,719.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 543.24
SUBSERVICER ADVANCES THIS MONTH 18,326.27
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,275,745.53
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 696,271.01
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 643,679.09
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 88,741,258.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 274
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 1,915,249.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.78090150 % 0.00000000 % 1.53607730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.60355710 % 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 7.54090694
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.97
POOL TRADING FACTOR: 82.39112525
................................................................................
Run: 07/26/00 10:06:38 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 7,427,796.87 6.500000 % 1,993,057.74
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,581,717.77 6.500000 % 20,273.73
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 15,742.13 0.000000 % 16.93
A-V 76110FD75 0.00 0.00 1.051836 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 8,993,411.48 6.500000 % 7,475.52
M-2 76110FE25 3,360,700.00 3,306,438.91 6.500000 % 2,748.39
M-3 76110FE33 2,823,000.00 2,777,420.47 6.500000 % 2,308.65
B-1 76110FE41 1,613,200.00 1,587,153.63 6.500000 % 1,319.28
B-2 76110FE58 806,600.00 793,576.82 6.500000 % 659.64
B-3 76110FE66 1,075,021.18 1,044,424.70 6.500000 % 0.00
-------------------------------------------------------------------------------
268,851,631.00 226,018,712.78 2,027,859.88
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 40,211.21 2,033,268.95 0.00 0.00 5,434,739.13
A-2 135,340.30 135,340.30 0.00 0.00 25,000,000.00
A-3 133,075.88 153,349.61 0.00 0.00 24,561,444.04
A-4 13,400.55 13,400.55 0.00 0.00 2,475,344.00
A-5 75,926.07 75,926.07 0.00 0.00 14,025,030.00
A-6 725,373.43 725,373.43 0.00 0.00 133,990,656.00
A-P 0.00 16.93 0.00 0.00 15,725.20
A-V 198,000.37 198,000.37 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,686.84 56,162.36 0.00 0.00 8,985,935.96
M-2 17,899.78 20,648.17 0.00 0.00 3,303,690.52
M-3 15,035.88 17,344.53 0.00 0.00 2,775,111.82
B-1 8,592.23 9,911.51 0.00 0.00 1,585,834.35
B-2 4,296.12 4,955.76 0.00 0.00 792,917.18
B-3 5,059.51 5,059.51 0.00 0.00 1,043,556.55
-------------------------------------------------------------------------------
1,420,898.17 3,448,758.05 0.00 0.00 223,989,984.75
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 149.986812 40.245093 0.811970 41.057063 0.000000 109.741719
A-2 1000.000000 0.000000 5.413612 5.413612 0.000000 1000.000000
A-3 983.206965 0.810898 5.322701 6.133599 0.000000 982.396067
A-4 1000.000000 0.000000 5.413611 5.413611 0.000000 1000.000000
A-5 1000.000000 0.000000 5.413612 5.413612 0.000000 1000.000000
A-6 1000.000000 0.000000 5.413612 5.413612 0.000000 1000.000000
A-P 959.311559 1.031699 0.000000 1.031699 0.000000 958.279859
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 983.854226 0.817801 5.326205 6.144006 0.000000 983.036425
M-2 983.854230 0.817803 5.326206 6.144009 0.000000 983.036427
M-3 983.854222 0.817800 5.326206 6.144006 0.000000 983.036422
B-1 983.854221 0.817803 5.326203 6.144006 0.000000 983.036418
B-2 983.854228 0.817803 5.326209 6.144012 0.000000 983.036425
B-3 971.538719 0.000000 4.706428 4.706428 0.000000 970.731153
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:38 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 46,803.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,049.56
SUBSERVICER ADVANCES THIS MONTH 43,040.26
MASTER SERVICER ADVANCES THIS MONTH 2,668.24
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,203,055.70
(B) TWO MONTHLY PAYMENTS: 5 1,155,414.78
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,271,672.69
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 255,758.72
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 223,989,984.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,672
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 386,289.51
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,840,853.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.81319340 % 6.67127100 % 1.51553550 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.74590580 % 6.72563031 % 1.52799170 %
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 7.87792830
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.08
POOL TRADING FACTOR: 83.31360458
................................................................................
Run: 07/26/00 10:06:39 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FG80 18,049,000.00 0.00 6.500000 % 0.00
A-2 76110FE74 95,030,000.00 91,138,249.76 6.500000 % 1,206,761.41
A-3 76110FE82 135,727,000.00 109,391,851.92 6.500000 % 1,448,457.33
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 26,228.02 0.000000 % 28.41
A-V 76110FF81 0.00 0.00 1.031796 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,157,288.85 6.500000 % 8,366.91
M-2 76110FG31 3,861,100.00 3,808,712.06 6.500000 % 3,137.37
M-3 76110FG49 3,378,500.00 3,332,660.05 6.500000 % 2,745.23
B-1 76110FG56 1,930,600.00 1,904,405.36 6.500000 % 1,568.73
B-2 76110FG64 965,300.00 952,202.67 6.500000 % 784.36
B-3 76110FG72 1,287,113.52 1,257,263.55 6.500000 % 1,035.65
-------------------------------------------------------------------------------
321,757,386.08 273,164,862.24 2,672,885.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 493,530.84 1,700,292.25 0.00 0.00 89,931,488.35
A-3 592,377.55 2,040,834.88 0.00 0.00 107,943,394.59
A-4 20,566.89 20,566.89 0.00 0.00 3,798,000.00
A-5 28,261.87 28,261.87 0.00 0.00 5,219,000.00
A-6 4,998.64 4,998.64 0.00 0.00 1,000,000.00
A-7 5,831.74 5,831.74 0.00 0.00 1,000,000.00
A-8 43,337.75 43,337.75 0.00 0.00 8,003,000.00
A-9 174,239.12 174,239.12 0.00 0.00 32,176,000.00
A-P 0.00 28.41 0.00 0.00 26,199.61
A-V 234,811.23 234,811.23 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,003.64 63,370.55 0.00 0.00 10,148,921.94
M-2 20,624.89 23,762.26 0.00 0.00 3,805,574.69
M-3 18,046.99 20,792.22 0.00 0.00 3,329,914.82
B-1 10,312.72 11,881.45 0.00 0.00 1,902,836.63
B-2 5,156.35 5,940.71 0.00 0.00 951,418.31
B-3 6,808.32 7,843.97 0.00 0.00 1,256,227.90
-------------------------------------------------------------------------------
1,713,908.54 4,386,793.94 0.00 0.00 270,491,976.84
===============================================================================
Run: 07/26/00 10:06:39
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 959.047140 12.698742 5.193421 17.892163 0.000000 946.348399
A-3 805.969718 10.671844 4.364478 15.036322 0.000000 795.297874
A-4 1000.000000 0.000000 5.415190 5.415190 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415189 5.415189 0.000000 1000.000000
A-6 1000.000000 0.000000 4.998640 4.998640 0.000000 1000.000000
A-7 1000.000000 0.000000 5.831740 5.831740 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415188 5.415188 0.000000 1000.000000
A-9 1000.000000 0.000000 5.415189 5.415189 0.000000 1000.000000
A-P 735.243560 0.796410 0.000000 0.796410 0.000000 734.447149
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 986.431859 0.812558 5.341715 6.154273 0.000000 985.619301
M-2 986.431861 0.812559 5.341714 6.154273 0.000000 985.619303
M-3 986.431863 0.812559 5.341717 6.154276 0.000000 985.619304
B-1 986.431866 0.812561 5.341718 6.154279 0.000000 985.619305
B-2 986.431855 0.812556 5.341707 6.154263 0.000000 985.619300
B-3 976.808596 0.804630 5.289603 6.094233 0.000000 976.003962
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:39 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 56,603.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,560.83
SUBSERVICER ADVANCES THIS MONTH 69,535.85
MASTER SERVICER ADVANCES THIS MONTH 179.57
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 6,298,831.42
(B) TWO MONTHLY PAYMENTS: 7 1,135,860.18
(C) THREE OR MORE MONTHLY PAYMENTS: 13 1,497,281.95
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 829,434.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 270,491,976.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,037
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 24,174.33
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,447,865.14
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.16056250 % 6.33329000 % 1.50614780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.08961130 % 6.38999044 % 1.51977930 %
BANKRUPTCY AMOUNT AVAILABLE 102,858.00
FRAUD AMOUNT AVAILABLE 5,652,626.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,826,313.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.85870059
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.64
POOL TRADING FACTOR: 84.06706063
................................................................................
Run: 07/26/00 10:06:39 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3(POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4363
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FJ38 167,033,000.00 139,890,249.38 6.500000 % 2,214,194.58
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 38,885,800.20 6.500000 % 498,771.41
A-5 76110FJ79 60,600,000.00 31,252,620.94 6.500000 % 2,394,039.15
A-6 76110FJ87 100,000,000.00 100,000,000.00 6.500000 % 0.00
A-7 76110FJ95 20,000,000.00 20,000,000.00 6.500000 % 0.00
A-8 76110FK28 47,527,000.00 46,964,861.32 6.500000 % 63,797.71
A-P 76110FK36 12,443.31 11,117.68 0.000000 % 13.23
A-V 76110FK44 0.00 0.00 1.010344 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,109,530.45 6.500000 % 21,883.41
M-2 76110FK77 6,113,300.00 6,041,197.47 6.500000 % 8,206.45
M-3 76110FK85 5,349,000.00 5,285,911.89 6.500000 % 7,180.46
B-1 76110FK93 3,056,500.00 3,020,450.50 6.500000 % 4,103.02
B-2 76110FL27 1,528,300.00 1,510,274.64 6.500000 % 2,051.58
B-3 76110FL35 2,037,744.61 1,975,780.40 6.500000 % 2,683.92
-------------------------------------------------------------------------------
509,426,187.92 445,814,794.87 5,216,924.92
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 757,506.42 2,971,701.00 0.00 0.00 137,676,054.80
A-2 48,805.45 48,805.45 0.00 0.00 9,013,000.00
A-3 139,999.54 139,999.54 0.00 0.00 25,854,000.00
A-4 210,566.81 709,338.22 0.00 0.00 38,387,028.79
A-5 169,233.10 2,563,272.25 0.00 0.00 28,858,581.79
A-6 541,500.52 541,500.52 0.00 0.00 100,000,000.00
A-7 108,300.10 108,300.10 0.00 0.00 20,000,000.00
A-8 254,314.97 318,112.68 0.00 0.00 46,901,063.61
A-P 0.00 13.23 0.00 0.00 11,104.45
A-V 375,240.03 375,240.03 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,233.19 109,116.60 0.00 0.00 16,087,647.04
M-2 32,713.11 40,919.56 0.00 0.00 6,032,991.02
M-3 28,623.24 35,803.70 0.00 0.00 5,278,731.43
B-1 16,355.75 20,458.77 0.00 0.00 3,016,347.48
B-2 8,178.14 10,229.72 0.00 0.00 1,508,223.06
B-3 10,698.86 13,382.78 0.00 0.00 1,973,096.48
-------------------------------------------------------------------------------
2,789,269.23 8,006,194.15 0.00 0.00 440,597,869.95
===============================================================================
Run: 07/26/00 10:06:39
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-1 837.500670 13.256031 4.535070 17.791101 0.000000 824.244639
A-2 1000.000000 0.000000 5.415006 5.415006 0.000000 1000.000000
A-3 1000.000000 0.000000 5.415005 5.415005 0.000000 1000.000000
A-4 864.128893 11.083809 4.679262 15.763071 0.000000 853.045084
A-5 515.719817 39.505597 2.792625 42.298222 0.000000 476.214221
A-6 1000.000000 0.000000 5.415005 5.415005 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415005 5.415005 0.000000 1000.000000
A-8 988.172225 1.342347 5.350958 6.693305 0.000000 986.829878
A-P 893.466449 1.063222 0.000000 1.063222 0.000000 892.403227
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-1 988.205625 1.342392 5.351139 6.693531 0.000000 986.863232
M-2 988.205629 1.342393 5.351138 6.693531 0.000000 986.863236
M-3 988.205625 1.342393 5.351139 6.693532 0.000000 986.863232
B-1 988.205627 1.342392 5.351137 6.693529 0.000000 986.863236
B-2 988.205614 1.342394 5.351135 6.693529 0.000000 986.863221
B-3 969.591768 1.317108 5.250344 6.567452 0.000000 968.274666
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:39 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 92,338.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 16,772.31
SUBSERVICER ADVANCES THIS MONTH 75,100.96
MASTER SERVICER ADVANCES THIS MONTH 436.61
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 56 7,221,430.42
(B) TWO MONTHLY PAYMENTS: 7 691,086.20
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,477,101.94
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 1,022,063.57
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 440,597,869.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,810
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 59,609.17
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,611,325.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 233,135.47
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.38607780 % 6.15442200 % 1.45950020 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.30638790 % 6.21867952 % 1.47477580 %
BANKRUPTCY AMOUNT AVAILABLE 181,971.00
FRAUD AMOUNT AVAILABLE 4,559,310.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,559,310.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.83859650
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.82
POOL TRADING FACTOR: 86.48904991
................................................................................
Run: 07/26/00 10:06:40 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 200,000,000.00 173,761,190.50 6.250000 % 2,382,989.70
A-P 76110FH22 33,549.74 30,509.13 0.000000 % 183.71
A-V 76110FH30 0.00 0.00 0.897592 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,568,542.06 6.250000 % 21,029.97
M-2 76110FH63 942,600.00 894,893.38 6.250000 % 3,379.62
M-3 76110FH71 942,600.00 894,893.38 6.250000 % 3,379.62
B-1 76110FH89 628,400.00 596,595.60 6.250000 % 2,253.08
B-2 76110FH97 523,700.00 497,194.64 6.250000 % 1,877.69
B-3 76110FJ20 523,708.79 497,203.01 6.250000 % 1,877.73
-------------------------------------------------------------------------------
209,460,058.53 182,741,021.70 2,416,971.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 904,431.92 3,287,421.62 0.00 0.00 171,378,200.80
A-P 0.00 183.71 0.00 0.00 30,325.42
A-V 136,602.34 136,602.34 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 28,984.42 50,014.39 0.00 0.00 5,547,512.09
M-2 4,657.94 8,037.56 0.00 0.00 891,513.76
M-3 4,657.94 8,037.56 0.00 0.00 891,513.76
B-1 3,105.30 5,358.38 0.00 0.00 594,342.52
B-2 2,587.92 4,465.61 0.00 0.00 495,316.95
B-3 2,587.96 4,465.69 0.00 0.00 495,325.28
-------------------------------------------------------------------------------
1,087,615.74 3,504,586.86 0.00 0.00 180,324,050.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 868.805953 11.914949 4.522160 16.437109 0.000000 856.891004
A-P 909.370088 5.475750 0.000000 5.475750 0.000000 903.894337
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-1 949.388287 3.585428 4.941593 8.527021 0.000000 945.802859
M-2 949.388266 3.585423 4.941587 8.527010 0.000000 945.802843
M-3 949.388266 3.585423 4.941587 8.527010 0.000000 945.802843
B-1 949.388288 3.585423 4.941598 8.527021 0.000000 945.802864
B-2 949.388276 3.585431 4.941608 8.527039 0.000000 945.802845
B-3 949.388323 3.585428 4.941601 8.527029 0.000000 945.802876
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:40 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4 (POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4364
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 37,913.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,930.76
SUBSERVICER ADVANCES THIS MONTH 19,661.26
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,328,728.20
(B) TWO MONTHLY PAYMENTS: 5 385,685.14
(C) THREE OR MORE MONTHLY PAYMENTS: 2 338,157.96
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 180,324,050.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,897
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 1,726,820.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.10191180 % 4.02731600 % 0.87077270 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.05500020 % 4.06520350 % 0.87911250 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,872,766.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,872,766.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.47510374
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 156.61
POOL TRADING FACTOR: 86.08994567
................................................................................
Run: 07/31/00 10:11:21 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 166,515,517.00 147,557,211.49 7.250000 % 1,524,269.17
CB-P 76110FL68 12,334,483.00 10,930,164.04 0.000000 % 112,908.83
NB-1 76110FL76 36,987,960.00 29,156,984.25 6.750000 % 606,378.23
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 12,256,957.55 6.750000 % 715,710.06
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 216,861.56 0.000000 % 10,944.81
A-V 76110FM59 0.00 0.00 0.795556 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,515,223.79 6.750000 % 7,657.91
M-2 76110FM83 3,848,100.00 3,806,069.74 6.750000 % 3,063.15
M-3 76110FM91 3,256,100.00 3,220,535.76 6.750000 % 2,591.91
B-1 76110FN25 1,924,100.00 1,903,084.32 6.750000 % 1,531.61
B-2 76110FN33 888,100.00 878,399.89 6.750000 % 706.94
B-3 76110FN41 1,183,701.20 1,170,918.19 6.750000 % 942.36
-------------------------------------------------------------------------------
296,006,355.96 258,311,450.58 2,986,704.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 891,311.16 2,415,580.33 0.00 0.00 146,032,942.32
CB-P 0.00 112,908.83 0.00 0.00 10,817,255.21
NB-1 163,978.73 770,356.96 0.00 0.00 28,550,606.02
NB-2 19,875.20 19,875.20 0.00 0.00 3,534,000.00
NB-3 54,095.57 54,095.57 0.00 0.00 9,618,710.00
NB-4 68,933.07 784,643.13 0.00 0.00 11,541,247.49
NB-5 138,048.43 138,048.43 0.00 0.00 24,546,330.00
A-P 0.00 10,944.81 0.00 0.00 205,916.75
A-V 171,217.80 171,217.80 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,511.41 61,169.32 0.00 0.00 9,507,565.88
M-2 21,404.45 24,467.60 0.00 0.00 3,803,006.59
M-3 18,111.54 20,703.45 0.00 0.00 3,217,943.85
B-1 10,702.51 12,234.12 0.00 0.00 1,901,552.71
B-2 4,939.92 5,646.86 0.00 0.00 877,692.95
B-3 6,584.97 7,527.33 0.00 0.00 1,169,975.82
-------------------------------------------------------------------------------
1,622,714.76 4,609,419.74 0.00 0.00 255,324,745.59
===============================================================================
Run: 07/31/00 10:11:21
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-1 886.146914 9.153917 5.352721 14.506638 0.000000 876.992997
CB-P 886.146913 9.153917 0.000000 9.153917 0.000000 876.992997
NB-1 788.283113 16.393935 4.433300 20.827235 0.000000 771.889178
NB-2 1000.000000 0.000000 5.623995 5.623995 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.623994 5.623994 0.000000 1000.000000
NB-4 570.091049 33.288840 3.206189 36.495029 0.000000 536.802209
NB-5 1000.000000 0.000000 5.623995 5.623995 0.000000 1000.000000
A-P 871.438264 43.980723 0.000000 43.980723 0.000000 827.457541
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-1 989.077658 0.796016 5.562343 6.358359 0.000000 988.281642
M-2 989.077659 0.796016 5.562342 6.358358 0.000000 988.281643
M-3 989.077657 0.796017 5.562341 6.358358 0.000000 988.281641
B-1 989.077657 0.796014 5.562346 6.358360 0.000000 988.281643
B-2 989.077683 0.796014 5.562347 6.358361 0.000000 988.281669
B-3 989.200814 0.796113 5.563034 6.359147 0.000000 988.404694
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:21 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 53,505.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,696.58
SUBSERVICER ADVANCES THIS MONTH 42,535.65
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 3,138,567.05
(B) TWO MONTHLY PAYMENTS: 10 1,567,830.85
(C) THREE OR MORE MONTHLY PAYMENTS: 4 594,086.12
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 525,321.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 255,324,745.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,890
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 2,778,988.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.05941060 % 6.40383100 % 1.53009180 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.97325500 % 6.47352699 % 1.54799290 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 2,610,952.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,952.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86631400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.89
POOL TRADING FACTOR: 86.25650782
Run: 07/31/00 10:11:21 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 35,641.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,608.08
SUBSERVICER ADVANCES THIS MONTH 33,588.50
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,360,338.14
(B) TWO MONTHLY PAYMENTS: 10 1,567,830.85
(C) THREE OR MORE MONTHLY PAYMENTS: 4 594,086.12
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 31,253.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 170,225,409.88
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,673
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 1,523,377.73
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.24679560 % 6.40383100 % 1.53009180 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.17787210 % 6.47352699 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 2,610,952.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,952.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.95768149
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.25
POOL TRADING FACTOR: 88.47210028
Run: 07/31/00 10:11:21 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,864.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,088.50
SUBSERVICER ADVANCES THIS MONTH 8,947.15
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 778,228.91
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 494,067.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,099,335.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 217
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 1,255,610.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.68630210 % 6.40383100 % 1.53009180 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.56343450 % 6.47352700 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 2,610,952.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,952.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.68354992
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.17
POOL TRADING FACTOR: 82.14173710
................................................................................
Run: 07/31/00 10:11:22 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 226,382,557.00 203,005,572.31 7.000000 % 2,019,009.62
CB-P 76110FN66 17,414,043.00 15,615,813.39 0.000000 % 155,308.43
NB-1 76110FN74 114,280,000.00 96,538,225.29 6.500000 % 2,293,882.86
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 46,712.07 0.000000 % 51.29
A-V 76110FP31 0.00 0.00 0.991955 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,742,760.06 6.500000 % 16,477.75
M-2 76110FP64 4,826,800.00 4,778,522.63 6.500000 % 6,179.14
M-3 76110FP72 4,223,400.00 4,181,157.82 6.500000 % 5,406.68
B-1 76110FP80 2,413,400.00 2,389,261.32 6.500000 % 3,089.57
B-2 76110FP98 1,206,800.00 1,194,729.65 6.500000 % 1,544.91
B-3 76110FQ22 1,608,966.42 1,537,424.23 6.500000 % 1,988.06
-------------------------------------------------------------------------------
402,235,002.10 358,990,278.77 4,502,938.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,183,603.39 3,202,613.01 0.00 0.00 200,986,562.69
CB-P 0.00 155,308.43 0.00 0.00 15,460,504.96
NB-1 522,846.97 2,816,729.83 0.00 0.00 94,244,342.43
NB-2 20,775.61 20,775.61 0.00 0.00 3,836,000.00
NB-3 71,079.58 71,079.58 0.00 0.00 13,124,100.00
A-P 0.00 51.29 0.00 0.00 46,660.78
A-V 296,640.28 296,640.28 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 68,993.35 85,471.10 0.00 0.00 12,726,282.31
M-2 25,872.44 32,051.58 0.00 0.00 4,772,343.49
M-3 22,638.12 28,044.80 0.00 0.00 4,175,751.14
B-1 12,936.22 16,025.79 0.00 0.00 2,386,171.75
B-2 6,468.64 8,013.55 0.00 0.00 1,193,184.74
B-3 8,324.10 10,312.16 0.00 0.00 1,535,436.17
-------------------------------------------------------------------------------
2,240,178.70 6,743,117.01 0.00 0.00 354,487,340.46
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 896.736811 8.918574 5.228333 14.146907 0.000000 887.818237
CB-P 896.736811 8.918574 0.000000 8.918574 0.000000 887.818237
NB-1 844.751709 20.072479 4.575140 24.647619 0.000000 824.679230
NB-2 1000.000000 0.000000 5.415957 5.415957 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415958 5.415958 0.000000 1000.000000
A-P 986.825794 1.083489 0.000000 1.083489 0.000000 985.742305
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-1 989.998062 1.280173 5.360164 6.640337 0.000000 988.717889
M-2 989.998059 1.280173 5.360164 6.640337 0.000000 988.717886
M-3 989.998063 1.280172 5.360165 6.640337 0.000000 988.717891
B-1 989.998061 1.280173 5.360164 6.640337 0.000000 988.717888
B-2 989.998053 1.280171 5.360159 6.640330 0.000000 988.717882
B-3 955.535312 1.235607 5.173570 6.409177 0.000000 954.299697
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:22 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6 (POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4376
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 74,161.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,263.84
SUBSERVICER ADVANCES THIS MONTH 63,146.25
MASTER SERVICER ADVANCES THIS MONTH 4,594.69
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 4,611,325.62
(B) TWO MONTHLY PAYMENTS: 8 771,681.51
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,480,563.53
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,995,611.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 354,487,340.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,493
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 634,276.34
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,036,276.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 178,593.22
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.52699920 % 6.04541200 % 1.42661670 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.44184680 % 6.11428801 % 1.44306030 %
BANKRUPTCY AMOUNT AVAILABLE 131,996.00
FRAUD AMOUNT AVAILABLE 3,585,896.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,585,896.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.81943000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.48
POOL TRADING FACTOR: 88.12941157
Run: 07/31/00 10:11:22 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6 (POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4376
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 48,835.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,316.18
SUBSERVICER ADVANCES THIS MONTH 34,751.72
MASTER SERVICER ADVANCES THIS MONTH 2,940.81
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,669,878.97
(B) TWO MONTHLY PAYMENTS: 8 771,681.51
(C) THREE OR MORE MONTHLY PAYMENTS: 5 396,452.81
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 864,094.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 233,833,429.68
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,127
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 394,228.55
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,833,040.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 178,593.22
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.62931640 % 6.04541200 % 1.42661670 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.57153280 % 6.11428800 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 131,996.00
FRAUD AMOUNT AVAILABLE 3,585,896.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,585,896.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.89940662
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.58
POOL TRADING FACTOR: 89.43918277
Run: 07/31/00 10:11:22 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6 (POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4376
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 25,325.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 947.66
SUBSERVICER ADVANCES THIS MONTH 28,394.53
MASTER SERVICER ADVANCES THIS MONTH 1,653.88
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 1,941,446.65
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 3 1,084,110.72
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 1,131,516.81
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 120,653,910.78
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 366
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 240,047.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,203,235.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.33055050 % 6.04541200 % 1.42661670 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.19046640 % 6.11428801 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 131,996.00
FRAUD AMOUNT AVAILABLE 3,585,896.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,585,896.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.66443008
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.23
POOL TRADING FACTOR: 85.69721037
................................................................................
Run: 07/26/00 10:06:42 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 260,286,000.00 222,532,794.50 6.750000 % 5,192,091.70
A-2 76110FQ48 15,420,000.00 14,428,071.23 6.750000 % 85,695.24
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 15,241,928.77 6.750000 % 0.00
A-P 76110FQ89 91,079.98 89,614.48 0.000000 % 696.66
A-V 76110FQ97 0.00 0.00 0.853007 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,845,251.18 6.750000 % 30,819.06
M-2 76110FR39 4,206,600.00 4,166,461.07 6.750000 % 9,996.41
M-3 76110FR47 3,680,500.00 3,645,381.05 6.750000 % 8,746.21
B-1 76110FR54 2,103,100.00 2,083,032.44 6.750000 % 4,997.73
B-2 76110FR62 1,051,600.00 1,041,565.73 6.750000 % 2,498.98
B-3 76110FR70 1,402,095.46 1,388,716.81 6.750000 % 3,331.90
-------------------------------------------------------------------------------
350,510,075.44 312,512,817.26 5,338,873.89
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,251,154.13 6,443,245.83 0.00 0.00 217,340,702.80
A-2 81,119.46 166,814.70 0.00 0.00 14,342,375.99
A-3 197,062.88 197,062.88 0.00 0.00 35,050,000.00
A-4 0.00 0.00 85,695.24 0.00 15,327,624.01
A-P 0.00 696.66 0.00 0.00 88,917.82
A-V 222,041.10 222,041.10 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,220.32 103,039.38 0.00 0.00 12,814,432.12
M-2 23,425.24 33,421.65 0.00 0.00 4,156,464.66
M-3 20,495.56 29,241.77 0.00 0.00 3,636,634.84
B-1 11,711.51 16,709.24 0.00 0.00 2,078,034.71
B-2 5,856.04 8,355.02 0.00 0.00 1,039,066.75
B-3 7,807.83 11,139.73 0.00 0.00 1,385,384.91
-------------------------------------------------------------------------------
1,892,894.07 7,231,767.96 85,695.24 0.00 307,259,638.61
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 854.954913 19.947641 4.806844 24.754485 0.000000 835.007272
A-2 935.672583 5.557409 5.260665 10.818074 0.000000 930.115174
A-3 1000.000000 0.000000 5.622336 5.622336 0.000000 1000.000000
A-4 1069.609036 0.000000 0.000000 0.000000 6.013701 1075.622738
A-P 983.909746 7.648882 0.000000 7.648882 0.000000 976.260864
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 990.458106 2.376364 5.568688 7.945052 0.000000 988.081743
M-2 990.458106 2.376363 5.568687 7.945050 0.000000 988.081743
M-3 990.458104 2.376365 5.568689 7.945054 0.000000 988.081739
B-1 990.458105 2.376363 5.568689 7.945052 0.000000 988.081741
B-2 990.458092 2.376360 5.568695 7.945055 0.000000 988.081733
B-3 990.458103 2.376365 5.568686 7.945051 0.000000 988.081732
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:42 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS7 (POOL # 4380)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4380
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 64,491.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,163.31
SUBSERVICER ADVANCES THIS MONTH 48,321.73
MASTER SERVICER ADVANCES THIS MONTH 2,826.69
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 4,869,445.64
(B) TWO MONTHLY PAYMENTS: 2 378,515.35
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,134,128.49
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 474,481.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 307,259,638.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,370
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 395,934.15
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,503,502.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 507,443.02
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.94348950 % 6.61189500 % 1.44461580 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.82538690 % 6.70687882 % 1.46579280 %
BANKRUPTCY AMOUNT AVAILABLE 134,666.00
FRAUD AMOUNT AVAILABLE 3,115,480.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,115,480.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.92865785
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.43
POOL TRADING FACTOR: 87.66071509
................................................................................
Run: 07/26/00 10:06:43 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8(POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4381
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FR88 100,048,000.00 90,925,600.15 6.500000 % 1,121,893.93
A-P 76110FR96 122,858.97 117,228.83 0.000000 % 454.21
A-V 76110FS20 0.00 0.00 0.685680 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,462,221.12 6.500000 % 8,912.72
M-2 76110FS53 575,400.00 552,645.51 6.500000 % 2,000.46
M-3 76110FS61 470,800.00 452,181.98 6.500000 % 1,636.80
B-1 76110FS79 313,900.00 301,486.67 6.500000 % 1,091.32
B-2 76110FS87 261,600.00 251,254.89 6.500000 % 909.49
B-3 76110FS95 261,601.59 251,256.42 6.500000 % 909.50
-------------------------------------------------------------------------------
104,617,860.56 95,313,875.57 1,137,808.43
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 491,575.43 1,613,469.36 0.00 0.00 89,803,706.22
A-P 0.00 454.21 0.00 0.00 116,774.62
A-V 54,358.63 54,358.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,311.62 22,224.34 0.00 0.00 2,453,308.40
M-2 2,987.80 4,988.26 0.00 0.00 550,645.05
M-3 2,444.65 4,081.45 0.00 0.00 450,545.18
B-1 1,629.94 2,721.26 0.00 0.00 300,395.35
B-2 1,358.37 2,267.86 0.00 0.00 250,345.40
B-3 1,358.38 2,267.88 0.00 0.00 250,346.92
-------------------------------------------------------------------------------
569,024.82 1,706,833.25 0.00 0.00 94,176,067.14
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 908.819768 11.213557 4.913396 16.126953 0.000000 897.606211
A-P 954.173961 3.697003 0.000000 3.697003 0.000000 950.476957
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-1 960.454486 3.476642 5.192550 8.669192 0.000000 956.977844
M-2 960.454484 3.476642 5.192562 8.669204 0.000000 956.977842
M-3 960.454503 3.476636 5.192545 8.669181 0.000000 956.977868
B-1 960.454508 3.476649 5.192545 8.669194 0.000000 956.977859
B-2 960.454472 3.476644 5.192546 8.669190 0.000000 956.977829
B-3 960.454483 3.476623 5.192553 8.669176 0.000000 956.977823
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:43 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8 (POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4381
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,784.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,192.19
SUBSERVICER ADVANCES THIS MONTH 12,411.50
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,275,356.40
(B) TWO MONTHLY PAYMENTS: 1 31,514.82
(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 94,176,067.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 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 792,765.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.51344850 % 3.64198600 % 0.84456540 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.47563440 % 3.66812794 % 0.85168370 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 954,907.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,338,340.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.50398456
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 160.96
POOL TRADING FACTOR: 90.01911016
................................................................................
Run: 07/26/00 10:06:43 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 165,986,000.00 148,361,209.77 7.000000 % 3,268,458.41
A-2 76110FT37 10,215,000.00 9,571,173.32 7.000000 % 60,611.27
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 10,393,826.68 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 32,931,621.72 7.000000 % 754,467.15
A-P 76110FT78 469,164.61 456,573.92 0.000000 % 512.41
A-V 76110FT86 0.00 0.00 0.751023 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,613,782.76 7.000000 % 26,327.94
M-2 76110FU35 3,250,000.00 3,224,415.20 7.000000 % 7,998.30
M-3 76110FU43 2,843,700.00 2,821,313.71 7.000000 % 6,998.39
B-1 76110FU50 1,624,500.00 1,611,711.54 7.000000 % 3,997.92
B-2 76110FU68 812,400.00 806,004.58 7.000000 % 1,999.33
B-3 76110FU76 1,083,312.85 1,074,784.76 7.000000 % 2,666.05
-------------------------------------------------------------------------------
270,813,177.46 248,947,417.96 4,134,037.17
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 865,163.68 4,133,622.09 0.00 0.00 145,092,751.36
A-2 55,813.99 116,425.26 0.00 0.00 9,510,562.05
A-3 157,921.99 157,921.99 0.00 0.00 27,081,000.00
A-4 0.00 0.00 60,611.27 0.00 10,454,437.95
A-5 192,039.71 946,506.86 0.00 0.00 32,177,154.57
A-P 0.00 512.41 0.00 0.00 456,061.51
A-V 155,754.58 155,754.58 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,893.93 88,221.87 0.00 0.00 10,587,454.82
M-2 18,803.08 26,801.38 0.00 0.00 3,216,416.90
M-3 16,452.40 23,450.79 0.00 0.00 2,814,315.32
B-1 9,398.64 13,396.56 0.00 0.00 1,607,713.62
B-2 4,700.19 6,699.52 0.00 0.00 804,005.25
B-3 6,267.58 8,933.63 0.00 0.00 1,072,118.71
-------------------------------------------------------------------------------
1,544,209.77 5,678,246.94 60,611.27 0.00 244,873,992.06
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 893.817610 19.691169 5.212269 24.903438 0.000000 874.126441
A-2 936.972425 5.933556 5.463925 11.397481 0.000000 931.038869
A-3 1000.000000 0.000000 5.831468 5.831468 0.000000 1000.000000
A-4 1066.033506 0.000000 0.000000 0.000000 6.216541 1072.250046
A-5 890.043830 20.391004 5.190262 25.581266 0.000000 869.652826
A-P 973.163598 1.092175 0.000000 1.092175 0.000000 972.071423
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-1 992.127758 2.461015 5.785561 8.246576 0.000000 989.666743
M-2 992.127754 2.461015 5.785563 8.246578 0.000000 989.666739
M-3 992.127760 2.461016 5.785561 8.246577 0.000000 989.666744
B-1 992.127756 2.461016 5.785559 8.246575 0.000000 989.666741
B-2 992.127745 2.461017 5.785561 8.246578 0.000000 989.666728
B-3 992.127768 2.461016 5.785568 8.246584 0.000000 989.666752
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:43 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 51,334.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,863.18
SUBSERVICER ADVANCES THIS MONTH 27,856.77
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 2,276,948.64
(B) TWO MONTHLY PAYMENTS: 3 352,835.01
(C) THREE OR MORE MONTHLY PAYMENTS: 7 861,886.64
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 244,614.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 244,873,992.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,800
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 3,456,606.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 428,751.09
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.89023940 % 6.70427600 % 1.40548470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.77555240 % 6.78642387 % 1.42536090 %
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 8.06134797
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.81
POOL TRADING FACTOR: 90.42174179
................................................................................
Run: 07/26/00 10:06:44 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 268,170,000.00 239,778,884.97 7.250000 % 3,070,795.93
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,374,013.59 7.250000 % 23,464.34
A-P 76110FV67 1,164,452.78 1,118,207.34 0.000000 % 1,252.26
A-V 76110FV75 0.00 0.00 0.645982 % 0.00
R 76110FV83 100.00 0.00 7.250000 % 0.00
M-1 76110FV91 13,932,800.00 13,835,367.66 7.250000 % 10,027.73
M-2 76110FW25 4,232,700.00 4,203,100.64 7.250000 % 3,046.36
M-3 76110FW33 3,703,600.00 3,677,700.65 7.250000 % 2,665.56
B-1 76110FU84 2,116,400.00 2,101,599.98 7.250000 % 1,523.22
B-2 76110FU92 1,058,200.00 1,050,799.98 7.250000 % 761.61
B-3 76110FV26 1,410,899.63 1,401,033.20 7.250000 % 1,015.45
-------------------------------------------------------------------------------
352,721,152.41 323,870,708.01 3,114,552.46
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,448,376.37 4,519,172.30 0.00 0.00 236,708,089.04
A-2 146,964.55 146,964.55 0.00 0.00 24,330,000.00
A-3 195,554.15 219,018.49 0.00 0.00 32,350,549.25
A-P 0.00 1,252.26 0.00 0.00 1,116,955.08
A-V 174,310.96 174,310.96 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 83,572.08 93,599.81 0.00 0.00 13,825,339.93
M-2 25,388.69 28,435.05 0.00 0.00 4,200,054.28
M-3 22,215.03 24,880.59 0.00 0.00 3,675,035.09
B-1 12,694.65 14,217.87 0.00 0.00 2,100,076.76
B-2 6,347.32 7,108.93 0.00 0.00 1,050,038.37
B-3 8,462.90 9,478.35 0.00 0.00 1,400,017.75
-------------------------------------------------------------------------------
2,123,886.70 5,238,439.16 0.00 0.00 320,756,155.55
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 894.130160 11.450930 5.400963 16.851893 0.000000 882.679230
A-2 1000.000000 0.000000 6.040467 6.040467 0.000000 1000.000000
A-3 993.006981 0.719721 5.998226 6.717947 0.000000 992.287260
A-P 960.285689 1.075406 0.000000 1.075406 0.000000 959.210282
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-1 993.006981 0.719721 5.998226 6.717947 0.000000 992.287260
M-2 993.006979 0.719720 5.998226 6.717946 0.000000 992.287259
M-3 993.006980 0.719721 5.998226 6.717947 0.000000 992.287258
B-1 993.006984 0.719722 5.998228 6.717950 0.000000 992.287261
B-2 993.006974 0.719722 5.998223 6.717945 0.000000 992.287252
B-3 993.006994 0.719711 5.998230 6.717941 0.000000 992.287276
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:44 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 68,110.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,803.40
SUBSERVICER ADVANCES THIS MONTH 54,710.75
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 3,812,627.73
(B) TWO MONTHLY PAYMENTS: 5 938,407.44
(C) THREE OR MORE MONTHLY PAYMENTS: 6 913,433.66
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,718,622.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 320,756,155.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,457
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,879,628.70
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.86075950 % 6.72842800 % 1.41081270 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.78743970 % 6.76539762 % 1.42352150 %
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 8.19517274
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.19
POOL TRADING FACTOR: 90.93760138
................................................................................
Run: 07/31/00 10:11:24 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 131,664,000.00 123,015,546.54 7.500000 % 1,529,572.25
NB-1 76110FX81 57,150,000.00 47,614,310.61 7.500000 % 1,250,462.82
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 1,344,405.78 0.000000 % 13,911.07
A-V 76110FY49 0.00 0.00 0.612641 % 0.00
R 76110FY56 100.00 0.00 7.500000 % 0.00
M-1 76110FY64 8,041,000.00 7,991,802.60 7.500000 % 11,249.47
M-2 76110FY72 2,608,000.00 2,592,043.42 7.500000 % 3,648.63
M-3 76110FY80 2,282,000.00 2,268,038.00 7.500000 % 3,192.55
B-1 76110FY98 1,304,000.00 1,296,021.70 7.500000 % 1,824.31
B-2 76110FZ22 652,000.00 648,010.86 7.500000 % 912.16
B-3 76110FZ30 869,417.87 864,101.99 7.500000 % 1,216.30
-------------------------------------------------------------------------------
217,318,364.92 199,017,281.50 2,815,989.56
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 768,488.25 2,298,060.50 0.00 0.00 121,485,974.29
NB-1 297,538.22 1,548,001.04 0.00 0.00 46,363,847.79
NB-2 24,889.47 24,889.47 0.00 0.00 3,983,000.00
NB-3 46,242.04 46,242.04 0.00 0.00 7,400,000.00
A-P 0.00 13,911.07 0.00 0.00 1,330,494.71
A-V 101,567.44 101,567.44 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,928.88 61,178.35 0.00 0.00 7,980,553.13
M-2 16,193.82 19,842.45 0.00 0.00 2,588,394.79
M-3 14,169.60 17,362.15 0.00 0.00 2,264,845.45
B-1 8,096.91 9,921.22 0.00 0.00 1,294,197.39
B-2 4,048.46 4,960.62 0.00 0.00 647,098.70
B-3 5,398.49 6,614.79 0.00 0.00 862,885.65
-------------------------------------------------------------------------------
1,336,561.58 4,152,551.14 0.00 0.00 196,201,291.90
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 934.314213 11.617240 5.836738 17.453978 0.000000 922.696973
NB-1 833.146292 21.880364 5.206268 27.086632 0.000000 811.265928
NB-2 1000.000000 0.000000 6.248925 6.248925 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.248924 6.248924 0.000000 1000.000000
A-P 985.023032 10.192401 0.000000 10.192401 0.000000 974.830631
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-1 993.881681 1.399014 6.209287 7.608301 0.000000 992.482668
M-2 993.881679 1.399015 6.209287 7.608302 0.000000 992.482665
M-3 993.881683 1.399014 6.209290 7.608304 0.000000 992.482669
B-1 993.881672 1.399011 6.209287 7.608298 0.000000 992.482661
B-2 993.881687 1.399018 6.209294 7.608312 0.000000 992.482669
B-3 993.885702 1.398982 6.209316 7.608298 0.000000 992.486672
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 41,057.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,511.94
SUBSERVICER ADVANCES THIS MONTH 41,563.02
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,247,739.51
(B) TWO MONTHLY PAYMENTS: 5 522,380.97
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,108,867.83
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 537,094.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 196,201,291.90
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,485
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,532,186.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 145,914.07
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.07781110 % 6.45767200 % 1.41100040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.97520850 % 6.54113602 % 1.43899540 %
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 8.37756900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.17
POOL TRADING FACTOR: 90.28288611
Run: 07/31/00 10:11:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 27,701.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,511.94
SUBSERVICER ADVANCES THIS MONTH 23,808.70
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,718,971.84
(B) TWO MONTHLY PAYMENTS: 5 522,380.97
(C) THREE OR MORE MONTHLY PAYMENTS: 3 277,118.33
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 537,094.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 132,438,132.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,299
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 1,310,596.04
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 145,914.07
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.28582200 % 6.45767200 % 1.41100040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.20910390 % 6.54113601 % 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 8.44197316
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.26
POOL TRADING FACTOR: 92.79849301
Run: 07/31/00 10:11:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,355.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 17,754.32
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 1,528,767.67
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 831,749.50
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 63,763,159.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 186
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 1,221,590.67
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.64708690 % 6.45767200 % 1.41100040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.48699970 % 6.54113602 % 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 8.24379989
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.05
POOL TRADING FACTOR: 85.47049105
................................................................................
Run: 07/31/00 10:11:24 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 69,190,983.00 7.000000 % 544,640.54
NB 76110FW58 25,183,000.00 21,172,343.30 7.000000 % 88,914.19
A-P 76110FW66 994,755.29 898,267.77 0.000000 % 4,005.10
A-V 76110FW74 0.00 0.00 0.520816 % 0.00
R 76110FW82 100.00 0.00 7.000000 % 0.00
M-1 76110FW90 3,503,000.00 3,402,965.68 7.000000 % 11,690.03
M-2 76110FX24 531,000.00 515,836.36 7.000000 % 1,772.03
M-3 76110FX32 477,700.00 464,058.44 7.000000 % 1,594.16
B-1 76110FX40 318,400.00 309,307.53 7.000000 % 1,062.55
B-2 76110FX57 212,300.00 206,237.41 7.000000 % 708.48
B-3 76110FX65 265,344.67 257,714.39 7.000000 % 885.31
-------------------------------------------------------------------------------
106,129,599.96 96,417,713.88 655,272.39
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 403,268.89 947,909.43 0.00 0.00 68,646,342.46
NB 123,434.08 212,348.27 0.00 0.00 21,083,429.11
A-P 0.00 4,005.10 0.00 0.00 894,262.67
A-V 41,813.52 41,813.52 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,833.82 31,523.85 0.00 0.00 3,391,275.65
M-2 3,006.50 4,778.53 0.00 0.00 514,064.33
M-3 2,704.72 4,298.88 0.00 0.00 462,464.28
B-1 1,802.76 2,865.31 0.00 0.00 308,244.98
B-2 1,202.03 1,910.51 0.00 0.00 205,528.93
B-3 1,502.06 2,387.37 0.00 0.00 256,829.09
-------------------------------------------------------------------------------
598,568.38 1,253,840.77 0.00 0.00 95,762,441.50
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 926.946345 7.296508 5.402563 12.699071 0.000000 919.649837
NB 840.739519 3.530723 4.901484 8.432207 0.000000 837.208796
A-P 903.003763 4.026216 0.000000 4.026216 0.000000 898.977547
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-1 971.443243 3.337148 5.661953 8.999101 0.000000 968.106095
M-2 971.443239 3.337156 5.661959 8.999115 0.000000 968.106083
M-3 971.443249 3.337157 5.661964 8.999121 0.000000 968.106092
B-1 971.443247 3.337155 5.661935 8.999090 0.000000 968.106093
B-2 971.443288 3.337164 5.661941 8.999105 0.000000 968.106123
B-3 971.243892 3.336453 5.660788 8.997241 0.000000 967.907474
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,063.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,717.31
SUBSERVICER ADVANCES THIS MONTH 17,866.55
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,689,484.14
(B) TWO MONTHLY PAYMENTS: 2 114,229.66
(C) THREE OR MORE MONTHLY PAYMENTS: 1 62,606.59
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 95,762,441.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 961
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 324,101.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.60202080 % 4.54570000 % 0.80198890 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.58363460 % 4.56108281 % 0.81228820 %
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 7.77301200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 164.17
POOL TRADING FACTOR: 90.23160507
Run: 07/31/00 10:11:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,300.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,496.36
SUBSERVICER ADVANCES THIS MONTH 9,786.61
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 835,242.50
(B) TWO MONTHLY PAYMENTS: 2 114,229.66
(C) THREE OR MORE MONTHLY PAYMENTS: 1 62,606.59
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 72,979,990.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 891
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 310,569.58
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.73517200 % 4.58844800 % 0.80953080 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.71265090 % 4.60407727 % 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 7.85749389
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 164.37
POOL TRADING FACTOR: 92.22699110
Run: 07/31/00 10:11:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 4,763.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,220.95
SUBSERVICER ADVANCES THIS MONTH 8,079.94
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 854,241.64
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 22,782,450.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 70
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 13,531.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.16948360 % 4.58844800 % 0.80953080 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.16599090 % 4.60407729 % 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 7.50238719
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 163.52
POOL TRADING FACTOR: 84.38331596
................................................................................
Run: 07/31/00 10:11:24 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 158,406,900.00 147,072,938.97 8.000000 % 1,513,434.19
CB-P 76110FZ55 5,109,900.00 4,744,288.36 0.000000 % 48,820.46
NB 76110FZ63 86,842,100.00 76,802,476.83 7.750000 % 830,046.35
A-P 76110FZ71 1,432,398.79 1,307,217.67 0.000000 % 7,661.93
A-V 76110FZ89 0.00 0.00 0.533170 % 0.00
R 76110FZ97 100.00 0.00 7.750000 % 0.00
M-1 76110F2A0 11,328,000.00 11,249,564.62 7.750000 % 7,666.16
M-2 76110F2B8 3,411,900.00 3,388,275.91 7.750000 % 2,308.98
M-3 76110F2C6 2,866,000.00 2,846,155.74 7.750000 % 1,939.55
B-1 76110F2D4 1,637,700.00 1,626,360.51 7.750000 % 1,108.30
B-2 76110F2E2 818,900.00 813,229.91 7.750000 % 554.19
B-3 76110F2F9 1,091,849.28 1,084,118.37 7.750000 % 738.79
-------------------------------------------------------------------------------
272,945,748.07 250,934,626.89 2,414,278.90
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 980,202.72 2,493,636.91 0.00 0.00 145,559,504.78
CB-P 0.00 48,820.46 0.00 0.00 4,695,467.90
NB 495,953.17 1,325,999.52 0.00 0.00 75,972,430.48
A-P 0.00 7,661.93 0.00 0.00 1,299,555.74
A-V 111,466.15 111,466.15 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,635.25 80,301.41 0.00 0.00 11,241,898.46
M-2 21,877.14 24,186.12 0.00 0.00 3,385,966.93
M-3 18,376.82 20,316.37 0.00 0.00 2,844,216.19
B-1 10,500.95 11,609.25 0.00 0.00 1,625,252.21
B-2 5,250.79 5,804.98 0.00 0.00 812,675.72
B-3 6,999.85 7,738.64 0.00 0.00 1,083,379.59
-------------------------------------------------------------------------------
1,723,262.84 4,137,541.74 0.00 0.00 248,520,348.00
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 928.450332 9.554093 6.187879 15.741972 0.000000 918.896240
CB-P 928.450334 9.554093 0.000000 9.554093 0.000000 918.896241
NB 884.392211 9.558110 5.710976 15.269086 0.000000 874.834101
A-P 912.607354 5.349020 0.000000 5.349020 0.000000 907.258334
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-1 993.075973 0.676744 6.412010 7.088754 0.000000 992.399229
M-2 993.075972 0.676743 6.412011 7.088754 0.000000 992.399229
M-3 993.075973 0.676745 6.412010 7.088755 0.000000 992.399229
B-1 993.075966 0.676742 6.412011 7.088753 0.000000 992.399225
B-2 993.075968 0.676749 6.412004 7.088753 0.000000 992.399219
B-3 992.919435 0.676641 6.411004 7.087645 0.000000 992.242803
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/31/00 10:11:25 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS13 (POOL # 4405)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4405
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 52,023.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,538.41
SUBSERVICER ADVANCES THIS MONTH 67,117.15
MASTER SERVICER ADVANCES THIS MONTH 593.04
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,403,485.01
(B) TWO MONTHLY PAYMENTS: 10 1,834,717.26
(C) THREE OR MORE MONTHLY PAYMENTS: 6 1,158,272.89
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 796,147.41
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 248,520,348.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,963
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 72,489.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,243,186.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.58437560 % 6.96755000 % 1.40423380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.50824290 % 7.03044307 % 1.42435730 %
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 8.56275100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.00
POOL TRADING FACTOR: 91.05118865
Run: 07/31/00 10:11:25 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS13 (POOL # 4405)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4405
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 34,461.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,080.82
SUBSERVICER ADVANCES THIS MONTH 39,884.92
MASTER SERVICER ADVANCES THIS MONTH 593.04
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,426,893.47
(B) TWO MONTHLY PAYMENTS: 7 812,320.51
(C) THREE OR MORE MONTHLY PAYMENTS: 5 551,272.89
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 296,566.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 164,590,917.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,712
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 72,489.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,467,261.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.71099370 % 6.96755000 % 1.40423380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.63714120 % 7.03044307 % 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 8.64705417
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.67
POOL TRADING FACTOR: 92.47070055
Run: 07/31/00 10:11:25 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS13 (POOL # 4405)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4405
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,562.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,457.59
SUBSERVICER ADVANCES THIS MONTH 27,232.23
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 976,591.54
(B) TWO MONTHLY PAYMENTS: 3 1,022,396.75
(C) THREE OR MORE MONTHLY PAYMENTS: 1 607,000.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 499,580.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 83,929,430.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 251
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 775,925.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.33510750 % 6.96755000 % 1.40423380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.25437310 % 7.03044307 % 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 8.39742571
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.64
POOL TRADING FACTOR: 88.39027392
................................................................................
Run: 07/26/00 10:06:46 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 138,880,000.00 125,750,008.43 7.500000 % 2,246,431.09
A-2 76110F2H5 27,776,000.00 25,150,001.68 7.251250 % 449,286.22
A-3 76110F2J1 0.00 0.00 1.748750 % 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 865,434.18 812,100.69 0.000000 % 1,098.00
A-V 76110F2N2 0.00 0.00 0.577190 % 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 8,657,634.90 7.750000 % 5,736.16
M-2 76110F2S1 2,718,000.00 2,705,386.48 7.750000 % 1,792.47
M-3 76110F2T9 2,391,800.00 2,380,700.29 7.750000 % 1,577.35
B-1 76110F2U6 1,413,400.00 1,406,840.79 7.750000 % 932.11
B-2 76110F2V4 652,300.00 649,272.85 7.750000 % 430.18
B-3 76110F2W2 869,779.03 865,742.60 7.750000 % 573.59
-------------------------------------------------------------------------------
217,433,913.21 201,546,688.71 2,707,857.17
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 784,137.13 3,030,568.22 0.00 0.00 123,503,577.34
A-2 151,625.98 600,912.20 0.00 0.00 24,700,715.46
A-3 36,566.93 36,566.93 0.00 0.00 0.00
A-4 73,623.88 73,623.88 0.00 0.00 11,426,000.00
A-5 140,101.86 140,101.86 0.00 0.00 21,743,000.00
A-P 0.00 1,098.00 0.00 0.00 811,002.69
A-V 96,720.13 96,720.13 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 55,785.80 61,521.96 0.00 0.00 8,651,898.74
M-2 17,432.26 19,224.73 0.00 0.00 2,703,594.01
M-3 15,340.14 16,917.49 0.00 0.00 2,379,122.94
B-1 9,065.04 9,997.15 0.00 0.00 1,405,908.68
B-2 4,183.61 4,613.79 0.00 0.00 648,842.67
B-3 5,578.44 6,152.03 0.00 0.00 865,169.01
-------------------------------------------------------------------------------
1,390,161.20 4,098,018.37 0.00 0.00 198,838,831.54
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 905.458010 16.175339 5.646149 21.821488 0.000000 889.282671
A-2 905.458010 16.175339 5.458885 21.634224 0.000000 889.282671
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 1000.000000 0.000000 6.443539 6.443539 0.000000 1000.000000
A-5 1000.000000 0.000000 6.443539 6.443539 0.000000 1000.000000
A-P 938.373719 1.268727 0.000000 1.268727 0.000000 937.104992
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-1 995.359266 0.659480 6.413635 7.073115 0.000000 994.699786
M-2 995.359264 0.659481 6.413635 7.073116 0.000000 994.699783
M-3 995.359265 0.659482 6.413638 7.073120 0.000000 994.699783
B-1 995.359268 0.659481 6.413641 7.073122 0.000000 994.699788
B-2 995.359267 0.659482 6.413629 7.073111 0.000000 994.699785
B-3 995.359247 0.659466 6.413629 7.073095 0.000000 994.699780
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:46 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS14 (POOL # 4410)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4410
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 41,800.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,252.37
SUBSERVICER ADVANCES THIS MONTH 36,212.26
MASTER SERVICER ADVANCES THIS MONTH 507.82
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,480,504.00
(B) TWO MONTHLY PAYMENTS: 2 367,440.57
(C) THREE OR MORE MONTHLY PAYMENTS: 5 865,932.03
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 198,838,831.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,550
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 68,762.68
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,574,184.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.69770490 % 6.84671300 % 1.45558190 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.58980020 % 6.90741119 % 1.47450000 %
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 8.61566727
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.05
POOL TRADING FACTOR: 91.44793864
................................................................................
Run: 07/26/00 10:06:46 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 112,000,000.00 102,716,647.54 7.000000 % 1,436,564.23
A-2 76110F2Y8 20,028,000.00 20,028,000.00 7.750000 % 0.00
A-3 76110F2Z5 48,000,000.00 44,021,420.37 7.101250 % 615,670.39
A-4 76110F3A9 0.00 0.00 2.398750 % 0.00
A-5 76110F3B7 20,253,000.00 20,137,215.70 7.750000 % 12,546.25
A-P 76110F3C5 242,044.80 240,229.36 0.000000 % 241.63
A-V 76110F3D3 0.00 0.00 0.721553 % 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 8,645,291.58 7.750000 % 5,386.35
M-2 76110F3H4 2,825,900.00 2,809,744.63 7.750000 % 1,750.58
M-3 76110F3J0 2,391,000.00 2,377,330.89 7.750000 % 1,481.17
B-1 76110F3K7 1,412,900.00 1,404,822.61 7.750000 % 875.26
B-2 76110F3L5 652,100.00 648,372.01 7.750000 % 403.96
B-3 76110F3M3 869,572.62 864,601.35 7.750000 % 538.67
-------------------------------------------------------------------------------
217,369,717.42 203,893,676.04 2,075,458.49
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 599,005.58 2,035,569.81 0.00 0.00 101,280,083.31
A-2 129,309.75 129,309.75 0.00 0.00 20,028,000.00
A-3 260,429.91 876,100.30 0.00 0.00 43,405,749.98
A-4 87,971.31 87,971.31 0.00 0.00 0.00
A-5 130,014.90 142,561.15 0.00 0.00 20,124,669.45
A-P 0.00 241.63 0.00 0.00 239,987.73
A-V 122,564.25 122,564.25 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 55,817.88 61,204.23 0.00 0.00 8,639,905.23
M-2 18,140.97 19,891.55 0.00 0.00 2,807,994.05
M-3 15,349.12 16,830.29 0.00 0.00 2,375,849.72
B-1 9,070.16 9,945.42 0.00 0.00 1,403,947.35
B-2 4,186.18 4,590.14 0.00 0.00 647,968.05
B-3 5,582.25 6,120.92 0.00 0.00 864,062.68
-------------------------------------------------------------------------------
1,437,442.26 3,512,900.75 0.00 0.00 201,818,217.55
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 917.112924 12.826466 5.348264 18.174730 0.000000 904.286458
A-2 1000.000000 0.000000 6.456448 6.456448 0.000000 1000.000000
A-3 917.112924 12.826466 5.425623 18.252089 0.000000 904.286458
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 994.283104 0.619476 6.419538 7.039014 0.000000 993.663628
A-P 992.499570 0.998286 0.000000 0.998286 0.000000 991.501284
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 994.283103 0.619477 6.419538 7.039015 0.000000 993.663626
M-2 994.283106 0.619477 6.419537 7.039014 0.000000 993.663629
M-3 994.283099 0.619477 6.419540 7.039017 0.000000 993.663622
B-1 994.283113 0.619478 6.419534 7.039012 0.000000 993.663635
B-2 994.283101 0.619476 6.419537 7.039013 0.000000 993.663625
B-3 994.283088 0.619465 6.419533 7.038998 0.000000 993.663623
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:46 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS15 (POOL # 4416)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4416
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 42,217.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,658.59
SUBSERVICER ADVANCES THIS MONTH 53,874.38
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 5,152,123.84
(B) TWO MONTHLY PAYMENTS: 3 361,684.44
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,451,903.18
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 201,818,217.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,436
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 1,948,381.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.77516350 % 6.79211000 % 1.43272600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.69566720 % 6.84960415 % 1.44657390 %
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 8.78635095
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.76
POOL TRADING FACTOR: 92.84559963
................................................................................
Run: 07/26/00 10:06:52 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 130,396,000.00 124,426,659.28 7.750000 % 2,367,194.98
NB-1 76110F3P6 58,661,000.00 48,650,611.27 7.750000 % 1,935,493.18
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 496,620.41 489,208.84 0.000000 % 546.59
A-V 76110F3T8 0.00 0.00 0.638102 % 0.00
R 76110F3U5 100.00 0.00 7.750000 % 0.00
M-1 76110F3V3 9,273,000.00 9,241,046.33 7.750000 % 5,810.60
M-2 76110F3W1 3,273,000.00 3,261,721.62 7.750000 % 2,050.91
M-3 76110F3X9 2,073,000.00 2,065,856.69 7.750000 % 1,298.97
B-1 76110F3Y7 1,309,100.00 1,304,589.00 7.750000 % 820.30
B-2 76110F3Z4 654,500.00 652,244.68 7.750000 % 410.12
B-3 76110F4A8 872,717.76 869,711.37 7.750000 % 546.86
-------------------------------------------------------------------------------
218,178,038.17 202,130,649.08 4,314,172.51
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 803,313.47 3,170,508.45 0.00 0.00 122,059,464.30
NB-1 314,192.27 2,249,685.45 0.00 0.00 46,715,118.09
NB-2 27,033.75 27,033.75 0.00 0.00 4,186,000.00
NB-3 45,097.16 45,097.16 0.00 0.00 6,983,000.00
A-P 0.00 546.59 0.00 0.00 488,662.25
A-V 107,457.40 107,457.40 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 59,666.57 65,477.17 0.00 0.00 9,235,235.73
M-2 21,059.93 23,110.84 0.00 0.00 3,259,670.71
M-3 13,338.59 14,637.56 0.00 0.00 2,064,557.72
B-1 8,423.33 9,243.63 0.00 0.00 1,303,768.70
B-2 4,211.34 4,621.46 0.00 0.00 651,834.56
B-3 5,615.46 6,162.32 0.00 0.00 869,164.51
-------------------------------------------------------------------------------
1,409,409.27 5,723,581.78 0.00 0.00 197,816,476.57
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 954.221443 18.153893 6.160568 24.314461 0.000000 936.067550
NB-1 829.351891 32.994548 5.356067 38.350615 0.000000 796.357343
NB-2 1000.000000 0.000000 6.458134 6.458134 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.458135 6.458135 0.000000 1000.000000
A-P 985.075986 1.100627 0.000000 1.100627 0.000000 983.975359
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-1 996.554117 0.626615 6.434441 7.061056 0.000000 995.927502
M-2 996.554115 0.626615 6.434442 7.061057 0.000000 995.927501
M-3 996.554120 0.626614 6.434438 7.061052 0.000000 995.927506
B-1 996.554121 0.626614 6.434444 7.061058 0.000000 995.927507
B-2 996.554133 0.626616 6.434439 7.061055 0.000000 995.927517
B-3 996.555141 0.626617 6.434451 7.061068 0.000000 995.928528
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:52 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 41,861.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,788.99
SUBSERVICER ADVANCES THIS MONTH 50,477.61
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 4,706,526.88
(B) TWO MONTHLY PAYMENTS: 4 622,390.23
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,127,671.20
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 197,816,476.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,492
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,187,036.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.37321690 % 7.20752900 % 1.39837530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.19017660 % 7.36008669 % 1.43151020 %
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 8.69088000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.03
POOL TRADING FACTOR: 90.66745591
Run: 07/26/00 10:06:52 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 28,285.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,788.99
SUBSERVICER ADVANCES THIS MONTH 40,162.36
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,646,454.48
(B) TWO MONTHLY PAYMENTS: 3 338,293.95
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,127,671.20
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 133,541,904.04
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,306
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 2,289,629.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.66527790 % 7.20752900 % 1.39837530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.52219310 % 7.36008669 % 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 8.79470641
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.16
POOL TRADING FACTOR: 94.08916673
Run: 07/26/00 10:06:53 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,576.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 10,315.25
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 1,060,072.40
(B) TWO MONTHLY PAYMENTS: 1 284,096.28
(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 64,274,572.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 186
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 1,897,406.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.77164320 % 7.20752900 % 1.39837530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.49789350 % 7.36008669 % 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 8.47516353
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.83
POOL TRADING FACTOR: 84.29804114
................................................................................
Run: 07/26/00 10:06:48 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2(POOL # 4425)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4425
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F4B6 15,000,000.00 12,803,876.79 7.750000 % 519,356.69
A-2 76110F4C4 83,021,000.00 75,038,677.81 7.750000 % 1,887,723.06
A-3 76110F4D2 25,652,000.00 25,652,000.00 7.750000 % 0.00
A-4 76110F4E0 17,862,000.00 17,862,000.00 7.750000 % 0.00
A-5 76110F4F7 17,150,000.00 17,150,000.00 7.750000 % 0.00
A-6 76110F4G5 20,000,000.00 20,000,000.00 7.750000 % 0.00
A-7 76110F4H3 21,888,000.00 21,888,000.00 7.750000 % 0.00
A-P 76110F4J9 250,505.68 248,915.84 0.000000 % 215.14
R-I 76110F4K6 100.00 0.00 7.750000 % 0.00
R-II 76110F4L4 100.00 0.00 7.750000 % 0.00
M-1 76110F4M2 9,850,100.00 9,826,996.97 7.750000 % 5,908.95
M-2 76110F4N0 2,845,500.00 2,838,825.98 7.750000 % 1,706.98
M-3 76110F4P5 2,407,700.00 2,402,052.83 7.750000 % 1,444.35
IO-A 0.00 0.00 0.767396 % 0.00
IO-B 0.00 0.00 0.767396 % 0.00
B-1 76110F4Q3 1,422,700.00 1,419,363.11 7.750000 % 853.46
B-2 76110F4R1 656,700.00 655,159.73 7.750000 % 393.95
B-3 76110F4S9 875,528.01 873,474.52 7.750000 % 525.21
-------------------------------------------------------------------------------
218,881,933.69 208,659,343.58 2,418,127.79
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 82,640.00 601,996.69 0.00 0.00 12,284,520.10
A-2 484,321.80 2,372,044.86 0.00 0.00 73,150,954.75
A-3 165,565.59 165,565.59 0.00 0.00 25,652,000.00
A-4 115,286.63 115,286.63 0.00 0.00 17,862,000.00
A-5 110,691.17 110,691.17 0.00 0.00 17,150,000.00
A-6 129,085.91 129,085.91 0.00 0.00 20,000,000.00
A-7 141,271.62 141,271.62 0.00 0.00 21,888,000.00
A-P 0.00 215.14 0.00 0.00 248,700.70
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 63,426.34 69,335.29 0.00 0.00 9,821,088.02
M-2 18,322.62 20,029.60 0.00 0.00 2,837,119.00
M-3 15,503.56 16,947.91 0.00 0.00 2,400,608.48
IO-A 130,575.28 130,575.28 0.00 0.00 0.00
IO-B 2,619.17 2,619.17 0.00 0.00 0.00
B-1 9,160.99 10,014.45 0.00 0.00 1,418,509.65
B-2 4,228.59 4,622.54 0.00 0.00 654,765.78
B-3 5,637.66 6,162.87 0.00 0.00 872,949.31
-------------------------------------------------------------------------------
1,478,336.93 3,896,464.72 0.00 0.00 206,241,215.79
===============================================================================
Run: 07/26/00 10:06:48
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2(POOL # 4425)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4425
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 853.591786 34.623779 5.509333 40.133112 0.000000 818.968007
A-2 903.851770 22.737898 5.833726 28.571624 0.000000 881.113872
A-3 1000.000000 0.000000 6.454296 6.454296 0.000000 1000.000000
A-4 1000.000000 0.000000 6.454296 6.454296 0.000000 1000.000000
A-5 1000.000000 0.000000 6.454296 6.454296 0.000000 1000.000000
A-6 1000.000000 0.000000 6.454296 6.454296 0.000000 1000.000000
A-7 1000.000000 0.000000 6.454296 6.454296 0.000000 1000.000000
A-P 993.653477 0.858823 0.000000 0.858823 0.000000 992.794654
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 997.654539 0.599887 6.439157 7.039044 0.000000 997.054651
M-2 997.654535 0.599888 6.439157 7.039045 0.000000 997.054648
M-3 997.654538 0.599888 6.439158 7.039046 0.000000 997.054650
IO-A 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
IO-B 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B-1 997.654537 0.599888 6.439158 7.039046 0.000000 997.054650
B-2 997.654530 0.599893 6.439150 7.039043 0.000000 997.054637
B-3 997.654570 0.599889 6.439154 7.039043 0.000000 997.054692
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:48 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2 (POOL # 4425)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4425
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,284.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,436.33
SUBSERVICER ADVANCES THIS MONTH 41,235.46
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 3,079,169.42
(B) TWO MONTHLY PAYMENTS: 5 575,572.41
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,259,693.75
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 270,000.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 206,241,215.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,472
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 2,292,597.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.35557980 % 7.22990500 % 1.41451530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.25937160 % 7.30155485 % 1.43025820 %
BANKRUPTCY AMOUNT AVAILABLE 157,492.00
FRAUD AMOUNT AVAILABLE 4,377,639.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,188,819.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.82449951
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.24
POOL TRADING FACTOR: 94.22486923
................................................................................
Run: 07/26/00 10:06:48 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS3(POOL # 4432)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4432
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F5F6 115,869,000.00 103,042,254.38 7.750000 % 2,619,565.51
A-2 76110F5G4 40,867,000.00 40,867,000.00 7.750000 % 0.00
A-3 76110F5J8 21,838,000.00 21,838,000.00 7.750000 % 0.00
A-4 76110F5K5 21,838,000.00 21,838,000.00 7.750000 % 0.00
A-P 76110F5L3 499,056.21 493,241.81 0.000000 % 506.25
R-I 76110F5M1 100.00 0.00 7.750000 % 0.00
R-II 76110F5N9 100.00 0.00 7.750000 % 0.00
M-1 76110F5P4 9,281,800.00 9,265,935.46 7.750000 % 5,480.13
M-2 76110F5Q2 2,839,000.00 2,834,147.55 7.750000 % 1,676.19
M-3 76110F5R0 2,402,200.00 2,398,094.14 7.750000 % 1,418.30
IO-A 0.00 0.00 0.878079 % 0.00
IO-B 0.00 0.00 0.878079 % 0.00
B-1 76110F5S8 1,419,500.00 1,417,073.78 7.750000 % 838.10
B-2 76110F5T6 655,100.00 653,980.30 7.750000 % 386.78
B-3 76110F5U3 873,616.21 872,123.02 7.750000 % 515.80
-------------------------------------------------------------------------------
218,382,472.42 205,519,850.44 2,630,387.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 665,402.92 3,284,968.43 0.00 0.00 100,422,688.87
A-2 263,901.65 263,901.65 0.00 0.00 40,867,000.00
A-3 141,020.48 141,020.48 0.00 0.00 21,838,000.00
A-4 141,020.48 141,020.48 0.00 0.00 21,838,000.00
A-P 0.00 506.25 0.00 0.00 492,735.56
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 59,835.46 65,315.59 0.00 0.00 9,260,455.33
M-2 18,301.72 19,977.91 0.00 0.00 2,832,471.36
M-3 15,485.87 16,904.17 0.00 0.00 2,396,675.84
IO-A 149,621.51 149,621.51 0.00 0.00 0.00
IO-B 385.46 385.46 0.00 0.00 0.00
B-1 9,150.85 9,988.95 0.00 0.00 1,416,235.68
B-2 4,223.12 4,609.90 0.00 0.00 653,593.52
B-3 5,631.80 6,147.60 0.00 0.00 871,607.22
-------------------------------------------------------------------------------
1,473,981.32 4,104,368.38 0.00 0.00 202,889,463.38
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 889.299592 22.607993 5.742717 28.350710 0.000000 866.691599
A-2 1000.000000 0.000000 6.457573 6.457573 0.000000 1000.000000
A-3 1000.000000 0.000000 6.457573 6.457573 0.000000 1000.000000
A-4 1000.000000 0.000000 6.457573 6.457573 0.000000 1000.000000
A-P 988.349208 1.014415 0.000000 1.014415 0.000000 987.334793
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-1 998.290791 0.590417 6.446536 7.036953 0.000000 997.700374
M-2 998.290789 0.590416 6.446538 7.036954 0.000000 997.700373
M-3 998.290792 0.590417 6.446537 7.036954 0.000000 997.700375
IO-A 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
IO-B 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B-1 998.290793 0.590419 6.446530 7.036949 0.000000 997.700373
B-2 998.290795 0.590414 6.446527 7.036941 0.000000 997.700382
B-3 998.290794 0.590419 6.446538 7.036957 0.000000 997.700375
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:48 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS3 (POOL # 4432)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4432
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 42,420.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 42,371.62
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,907,060.07
(B) TWO MONTHLY PAYMENTS: 4 871,838.71
(C) THREE OR MORE MONTHLY PAYMENTS: 6 529,354.76
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 202,889,463.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,477
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 2,508,695.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.49312650 % 7.07136400 % 1.43550980 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.38768740 % 7.14162396 % 1.45330240 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 4,367,649.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,183,825.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.92997728
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.90
POOL TRADING FACTOR: 92.90556203
................................................................................
Run: 07/26/00 10:06:53 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4(POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4433
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110F4T7 80,517,000.00 78,619,550.33 7.500000 % 1,105,258.36
NB 76110F4U4 21,235,000.00 19,531,944.72 7.500000 % 93,400.29
A-P 76110F4V2 933,718.95 914,820.82 0.000000 % 10,462.18
R-I 76110F4WO 100.00 0.00 7.500000 % 0.00
R-II 76110F4X8 100.00 0.00 7.500000 % 0.00
M-1 76110F4Y6 3,459,000.00 3,427,437.24 7.500000 % 10,767.67
M-2 76110F4Z3 649,000.00 643,078.00 7.500000 % 2,020.30
M-3 76110F5D1 487,000.00 482,556.21 7.500000 % 1,516.00
IO-A 0.00 0.00 0.541975 % 0.00
IO-B 0.00 0.00 0.541975 % 0.00
B-1 76110F5A7 324,300.00 321,340.82 7.500000 % 1,009.53
B-2 76110F5B5 216,200.00 214,227.22 7.500000 % 673.02
B-3 76110F5C3 270,246.88 267,777.89 7.500000 % 841.25
-------------------------------------------------------------------------------
108,091,665.83 104,422,733.25 1,225,948.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 491,190.10 1,596,448.46 0.00 0.00 77,514,291.97
NB 121,926.70 215,326.99 0.00 0.00 19,438,544.43
A-P 0.00 10,462.18 0.00 0.00 904,358.64
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 21,408.84 32,176.51 0.00 0.00 3,416,669.57
M-2 4,016.87 6,037.17 0.00 0.00 641,057.70
M-3 3,014.20 4,530.20 0.00 0.00 481,040.21
IO-A 42,601.35 42,601.35 0.00 0.00 0.00
IO-B 4,122.29 4,122.29 0.00 0.00 0.00
B-1 2,007.19 3,016.72 0.00 0.00 320,331.29
B-2 1,338.13 2,011.15 0.00 0.00 213,554.20
B-3 1,672.62 2,513.87 0.00 0.00 266,936.64
-------------------------------------------------------------------------------
693,298.29 1,919,246.89 0.00 0.00 103,196,784.65
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 976.434173 13.727019 6.100452 19.827471 0.000000 962.707155
NB 919.799610 4.398413 5.741780 10.140193 0.000000 915.401198
A-P 979.760366 11.204845 0.000000 11.204845 0.000000 968.555521
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-1 990.875178 3.112943 6.189315 9.302258 0.000000 987.762235
M-2 990.875193 3.112943 6.189322 9.302265 0.000000 987.762250
M-3 990.875175 3.112936 6.189322 9.302258 0.000000 987.762238
IO-A 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
IO-B 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B-1 990.875177 3.112951 6.189300 9.302251 0.000000 987.762226
B-2 990.875208 3.112951 6.189315 9.302266 0.000000 987.762257
B-3 990.863946 3.112894 6.189230 9.302124 0.000000 987.751038
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:53 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,663.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,280.69
SUBSERVICER ADVANCES THIS MONTH 11,959.43
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 919,353.37
(B) TWO MONTHLY PAYMENTS: 2 261,654.54
(C) THREE OR MORE MONTHLY PAYMENTS: 1 14,363.63
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 103,196,784.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,005
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 897,861.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.82511310 % 4.36023000 % 0.76932090 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.78007330 % 4.39816754 % 0.78287530 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,161,833.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,968,867.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.28972900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 169.04
POOL TRADING FACTOR: 95.47154617
Run: 07/26/00 10:06:53 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,274.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,111.15
SUBSERVICER ADVANCES THIS MONTH 11,959.43
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 919,353.37
(B) TWO MONTHLY PAYMENTS: 2 261,654.54
(C) THREE OR MORE MONTHLY PAYMENTS: 1 14,363.63
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 82,202,692.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 945
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 871,164.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.89877760 % 4.39876700 % 0.77612030 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.84482380 % 4.43705136 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,161,833.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,968,867.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.39438816
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 169.40
POOL TRADING FACTOR: 96.40177616
Run: 07/26/00 10:06:53 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 4,388.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,169.54
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 20,994,092.04
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 60
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 26,696.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.52975380 % 4.39876700 % 0.77612030 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.52275450 % 4.43705138 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,161,833.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,968,867.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.87993496
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 167.61
POOL TRADING FACTOR: 91.99569053
................................................................................
Run: 07/26/00 10:06:49 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS5(POOL # 4438)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4438
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F5V1 92,675,000.00 91,822,621.27 7.750000 % 516,213.90
A-2 76110F5W9 74,478,000.00 69,736,371.50 7.750000 % 3,111,626.09
A-3 76110F5X7 10,750,000.00 10,750,000.00 7.750000 % 0.00
A-4 76110F5Y5 21,700,000.00 21,700,000.00 7.750000 % 0.00
A-5 76110F5Z2 1,075,000.00 0.00 7.750000 % 0.00
A-P 76110F6A6 145,114.60 144,815.05 0.000000 % 172.87
A-V 76110F6B4 0.00 0.00 1.000622 % 0.00
R 76110F6C2 100.00 0.00 7.750000 % 0.00
M-1 76110F6D0 8,141,800.00 8,132,815.53 7.750000 % 4,563.07
M-2 76110F6E8 2,822,400.00 2,819,285.48 7.750000 % 1,581.81
M-3 76110F6F5 2,388,200.00 2,385,564.62 7.750000 % 1,338.47
B-1 76110F6G3 1,411,200.00 1,409,642.74 7.750000 % 790.91
B-2 76110F6H1 651,400.00 650,681.18 7.750000 % 365.08
B-3 76110F6J7 868,514.12 867,555.74 7.750000 % 486.75
-------------------------------------------------------------------------------
217,106,728.72 210,419,353.11 3,637,138.95
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 592,678.10 1,108,892.00 0.00 0.00 91,306,407.37
A-2 450,120.23 3,561,746.32 0.00 0.00 66,624,745.41
A-3 69,386.92 69,386.92 0.00 0.00 10,750,000.00
A-4 140,064.77 140,064.77 0.00 0.00 21,700,000.00
A-5 0.00 0.00 0.00 0.00 0.00
A-P 0.00 172.87 0.00 0.00 144,642.18
A-V 175,357.09 175,357.09 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 52,494.05 57,057.12 0.00 0.00 8,128,252.46
M-2 18,197.36 19,779.17 0.00 0.00 2,817,703.67
M-3 15,397.86 16,736.33 0.00 0.00 2,384,226.15
B-1 9,098.67 9,889.58 0.00 0.00 1,408,851.83
B-2 4,199.89 4,564.97 0.00 0.00 650,316.10
B-3 5,599.72 6,086.47 0.00 0.00 867,068.99
-------------------------------------------------------------------------------
1,532,594.66 5,169,733.61 0.00 0.00 206,782,214.16
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 990.802495 5.570153 6.395232 11.965385 0.000000 985.232343
A-2 936.335180 41.779131 6.043667 47.822798 0.000000 894.556049
A-3 1000.000000 0.000000 6.454597 6.454597 0.000000 1000.000000
A-4 1000.000000 0.000000 6.454598 6.454598 0.000000 1000.000000
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 997.935769 1.191265 0.000000 1.191265 0.000000 996.744504
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 998.896501 0.560450 6.447475 7.007925 0.000000 998.336051
M-2 998.896499 0.560449 6.447477 7.007926 0.000000 998.336051
M-3 998.896499 0.560451 6.447475 7.007926 0.000000 998.336048
B-1 998.896499 0.560452 6.447470 7.007922 0.000000 998.336047
B-2 998.896500 0.560454 6.447482 7.007936 0.000000 998.336045
B-3 998.896529 0.560451 6.447471 7.007922 0.000000 998.336089
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:49 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS5 (POOL # 4438)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4438
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,610.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,972.27
SUBSERVICER ADVANCES THIS MONTH 69,119.48
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 6,542,383.02
(B) TWO MONTHLY PAYMENTS: 10 1,822,004.35
(C) THREE OR MORE MONTHLY PAYMENTS: 1 156,666.58
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 206,782,214.16
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,457
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,519,045.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.26461490 % 6.34297700 % 1.39240810 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.13288320 % 6.44648397 % 1.41612050 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 4,342,135.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,171,067.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.06859329
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.29
POOL TRADING FACTOR: 95.24449812
................................................................................
Run: 07/26/00 10:06:49 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS6(POOL # 4440)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4440
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F6K4 92,574,000.00 92,179,428.48 7.750000 % 455,023.65
A-2 76110F6L2 75,000,000.00 74,234,672.63 7.750000 % 3,889,291.66
A-3 76110F6M0 10,750,000.00 10,750,000.00 7.750000 % 0.00
A-4 76110F6N8 21,500,000.00 21,500,000.00 7.750000 % 0.00
A-5 76110F6P3 1,075,000.00 0.00 7.750000 % 0.00
A-P 76110F6Q1 75,687.86 75,625.50 0.000000 % 95.67
A-V 76110F6R9 0.00 0.00 1.041902 % 0.00
R 76110F6S7 100.00 0.00 7.750000 % 0.00
M-1 76110F6T5 8,714,800.00 8,710,083.31 7.750000 % 4,739.75
M-2 76110F6U2 2,723,300.00 2,721,826.08 7.750000 % 1,481.13
M-3 76110F6V0 2,505,400.00 2,504,044.01 7.750000 % 1,362.62
B-1 76110F6W8 1,416,100.00 1,415,333.57 7.750000 % 770.18
B-2 76110F6X6 653,600.00 653,246.25 7.750000 % 355.48
B-3 76110F6Y4 871,524.04 871,052.35 7.750000 % 474.01
-------------------------------------------------------------------------------
217,859,511.90 215,615,312.18 4,353,594.15
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 595,243.18 1,050,266.83 0.00 0.00 91,724,404.83
A-2 479,365.98 4,368,657.64 0.00 0.00 70,345,380.97
A-3 69,417.48 69,417.48 0.00 0.00 10,750,000.00
A-4 138,834.97 138,834.97 0.00 0.00 21,500,000.00
A-5 0.00 0.00 0.00 0.00 0.00
A-P 0.00 95.67 0.00 0.00 75,529.83
A-V 187,182.45 187,182.45 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 56,244.84 60,984.59 0.00 0.00 8,705,343.56
M-2 17,576.03 19,057.16 0.00 0.00 2,720,344.95
M-3 16,169.71 17,532.33 0.00 0.00 2,502,681.39
B-1 9,139.44 9,909.62 0.00 0.00 1,414,563.39
B-2 4,218.30 4,573.78 0.00 0.00 652,890.77
B-3 5,624.77 6,098.78 0.00 0.00 870,578.34
-------------------------------------------------------------------------------
1,579,017.15 5,932,611.30 0.00 0.00 211,261,718.03
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 995.737772 4.915242 6.429917 11.345159 0.000000 990.822529
A-2 989.795635 51.857222 6.391546 58.248768 0.000000 937.938413
A-3 1000.000000 0.000000 6.457440 6.457440 0.000000 1000.000000
A-4 1000.000000 0.000000 6.457440 6.457440 0.000000 1000.000000
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 999.176090 1.264007 0.000000 1.264007 0.000000 997.912083
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 999.458772 0.543874 6.453945 6.997819 0.000000 998.914899
M-2 999.458774 0.543873 6.453946 6.997819 0.000000 998.914901
M-3 999.458773 0.543873 6.453943 6.997816 0.000000 998.914900
B-1 999.458774 0.543874 6.453951 6.997825 0.000000 998.914900
B-2 999.458767 0.543880 6.453947 6.997827 0.000000 998.914887
B-3 999.458776 0.543875 6.453947 6.997822 0.000000 998.914889
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:49 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS6 (POOL # 4440)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4440
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44,694.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,428.52
SUBSERVICER ADVANCES THIS MONTH 58,461.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 57 6,943,508.89
(B) TWO MONTHLY PAYMENTS: 2 333,847.32
(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 211,261,718.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,473
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,236,245.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.17054370 % 6.46560900 % 1.36384730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.01349170 % 6.59294548 % 1.39120490 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 4,357,190.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,178,595.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.11267381
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.38
POOL TRADING FACTOR: 96.97153739
................................................................................
Run: 07/26/00 10:06:50 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS7(POOL # 4444)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4444
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110GAA9 75,000,000.00 75,000,000.00 8.000000 % 874,860.04
A-2 76110GAB7 91,363,000.00 91,363,000.00 8.000000 % 688,820.25
A-3 76110GAC5 12,000,000.00 12,000,000.00 8.000000 % 0.00
A-4 76110GAD3 8,245,652.00 8,245,652.00 8.000000 % 0.00
A-5 76110GAE1 4,771,000.00 4,771,000.00 8.000000 % 0.00
A-6 76110GAF8 2,164,000.00 2,164,000.00 8.000000 % 0.00
A-7 76110GAG6 4,572,000.00 4,572,000.00 8.000000 % 0.00
A-8 76110GAH4 2,407,000.00 2,407,000.00 8.000000 % 0.00
A-9 76110GAJ0 2,390,348.00 2,390,348.00 8.000000 % 0.00
A-10 76110GAK7 24,550,000.00 24,550,000.00 8.000000 % 0.00
A-P 76110GAL5 208,784.27 208,784.27 0.000000 % 181.25
A-V 76110GAM3 0.00 0.00 0.797608 % 0.00
R 76110GAN1 100.00 100.00 8.000000 % 100.00
M-1 76110GAP6 8,468,700.00 8,468,700.00 8.000000 % 4,696.41
M-2 76110GAQ4 3,068,400.00 3,068,400.00 8.000000 % 1,701.62
M-3 76110GAR2 2,822,900.00 2,822,900.00 8.000000 % 1,565.47
B-1 76110GAS0 1,595,600.00 1,595,600.00 8.000000 % 884.86
B-2 76110GAT8 736,500.00 736,500.00 8.000000 % 408.43
B-3 76110GAU5 1,104,669.96 1,104,669.96 8.000000 % 612.60
-------------------------------------------------------------------------------
245,468,654.23 245,468,654.23 1,573,830.93
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 499,278.89 1,374,138.93 0.00 0.00 74,125,139.96
A-2 608,208.24 1,297,028.49 0.00 0.00 90,674,179.75
A-3 0.00 0.00 79,884.62 0.00 12,079,884.62
A-4 54,891.73 54,891.73 0.00 0.00 8,245,652.00
A-5 31,760.80 31,760.80 0.00 0.00 4,771,000.00
A-6 14,405.86 14,405.86 0.00 0.00 2,164,000.00
A-7 30,436.04 30,436.04 0.00 0.00 4,572,000.00
A-8 16,023.53 16,023.53 0.00 0.00 2,407,000.00
A-9 15,912.67 15,912.67 0.00 0.00 2,390,348.00
A-10 163,430.63 163,430.63 0.00 0.00 24,550,000.00
A-P 0.00 181.25 0.00 0.00 208,603.02
A-V 162,921.14 162,921.14 0.00 0.00 0.00
R 0.67 100.67 0.00 0.00 0.00
M-1 56,376.58 61,072.99 0.00 0.00 8,464,003.59
M-2 20,426.50 22,128.12 0.00 0.00 3,066,698.38
M-3 18,792.19 20,357.66 0.00 0.00 2,821,334.53
B-1 10,621.99 11,506.85 0.00 0.00 1,594,715.14
B-2 4,902.92 5,311.35 0.00 0.00 736,091.57
B-3 7,353.85 7,966.45 0.00 0.00 1,104,057.36
-------------------------------------------------------------------------------
1,715,744.23 3,289,575.16 79,884.62 0.00 243,974,707.92
===============================================================================
Run: 07/26/00 10:06:50
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS7(POOL # 4444)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4444
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 11.664801 6.657052 18.321853 0.000000 988.335200
A-2 1000.000000 7.539379 6.657052 14.196431 0.000000 992.460621
A-3 1000.000000 0.000000 0.000000 0.000000 6.657052 1006.657052
A-4 1000.000000 0.000000 6.657051 6.657051 0.000000 1000.000000
A-5 1000.000000 0.000000 6.657053 6.657053 0.000000 1000.000000
A-6 1000.000000 0.000000 6.657052 6.657052 0.000000 1000.000000
A-7 1000.000000 0.000000 6.657052 6.657052 0.000000 1000.000000
A-8 1000.000000 0.000000 6.657054 6.657054 0.000000 1000.000000
A-9 1000.000000 0.000000 6.657052 6.657052 0.000000 1000.000000
A-10 1000.000000 0.000000 6.657052 6.657052 0.000000 1000.000000
A-P 1000.000000 0.868121 0.000000 0.868121 0.000000 999.131879
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 6.700000 1006.700000 0.000000 0.000000
M-1 1000.000000 0.554561 6.657052 7.211613 0.000000 999.445439
M-2 1000.000000 0.554563 6.657053 7.211616 0.000000 999.445437
M-3 1000.000000 0.554561 6.657051 7.211612 0.000000 999.445439
B-1 1000.000000 0.554563 6.657051 7.211614 0.000000 999.445438
B-2 1000.000000 0.554555 6.657054 7.211609 0.000000 999.445445
B-3 1000.000000 0.554555 6.657056 7.211611 0.000000 999.445445
_______________________________________________________________________________
DETERMINATION DATE 20-July-00
DISTRIBUTION DATE 25-July-00
Run: 07/26/00 10:06:50 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS7 (POOL # 4444)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4444
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 51,435.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 17,470.96
SUBSERVICER ADVANCES THIS MONTH 28,747.79
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 3,624,357.39
(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 243,974,707.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,650
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 1,357,767.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.74370900 % 5.85501400 % 1.40127690 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.70329210 % 5.88259194 % 1.40908190 %
BANKRUPTCY AMOUNT AVAILABLE 130,000.00
FRAUD AMOUNT AVAILABLE 4,909,373.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,454,867.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.11865578
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 356.36
POOL TRADING FACTOR: 99.39139019
................................................................................
