SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
December 25, 1999
RESIDENTIAL ACCREDIT LOANS, INC.
(Exact name of the registrant as specified in it's charter)
33-95932, 333-8733, 333-33493
333-48327, 333-63549 51-0368240
333-72661
Delaware (Commission File Number) (I.R.S. Employee
(STATE OR OTHER Identification No.)
jurisdiction of
incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the December, 1999 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
<PAGE>
Master Serviced by Residential Funding Corporation
1995-QS1 RALI
1996-QS1 RALI
1996-QS2 RALI
1996-QS3 RALI
1996-QS4 RALI
1996-QS5 RALI
1996-QS6 RALI
1996-QS7 RALI
1996-QS8 RALI
1997-QPCR1 RALI
1997-QPCR2 RALI
1997-QPCR3 RALI
1997-QS1 RALI
1997-QS10 RALI
1997-QS11 RALI
1997-QS12 RALI
1997-QS13 RALI
1997-QS2 RALI
1997-QS3 RALI
1997-QS4 RALI
1997-QS5 RALI
1997-QS6 RALI
1997-QS7 RALI
1997-QS8 RALI
1997-QS9 RALI
1998-QS1 RALI
1998-QS10 RALI
1998-QS11 RALI
1998-QS12 RALI
1998-QS13 RALI
1998-QS14 RALI
1998-QS15 RALI
1998-QS16 RALI
1998-QS17 RALI
1998-QS2 RALI
1998-QS3 RALI
1998-QS4 RALI
1998-QS5 RALI
1998-QS6 RALI
1998-QS7 RALI
1998-QS8 RALI
1998-QS9 RALI
1999-QS1 RALI
<PAGE>
1999-QS10 RALI
1999-QS11 RALI
1999-QS12 RALI
1999-QS13 RALI
1999-QS2 RALI
1999-QS3 RALI
1999-QS4 RALI
1999-QS5 RALI
1999-QS6 RALI
1999-QS7 RALI
1999-QS8 RALI
1999-QS9 RALI
Item 7. Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) See Item 5.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
By:
Name: Davee Olson
Title: Chief Financial Officer
Dated: December 25, 1999
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities ExchangeAct of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
BY: /S/ DAVEE OLSON
Name: Davee Olson
Title: Chief Financial Officer
Dated: December 25, 1999
<PAGE>
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4180
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAA1 54,500,000.00 0.00 6.600000 % 0.00
A-2 76110FAB9 82,500,000.00 0.00 6.900000 % 0.00
A-3 76110FAC7 22,250,000.00 0.00 7.300000 % 0.00
A-4 76110FAD5 46,000,000.00 23,765,441.92 7.500000 % 1,746,965.38
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 1,435,331.78 0.000000 % 23,955.85
- -------------------------------------------------------------------------------
258,459,514.42 78,409,773.70 1,770,921.23
===============================================================================
_______________________________________________________________________________
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-4 148,534.01 1,895,499.39 0.00 0.00 22,018,476.54
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 99,814.25 123,770.10 0.00 0.00 1,411,375.93
- -------------------------------------------------------------------------------
580,904.51 2,351,825.74 0.00 0.00 76,638,852.47
===============================================================================
_______________________________________________________________________________
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-4 516.640042 37.977508 3.229000 41.206508 0.000000 478.662534
A-5 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-6 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
R ****.****** ****.****** *****.****** *****.****** 0.000000 ****.******
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1 (POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4180
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,986.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 665.49
SUBSERVICER ADVANCES THIS MONTH 50,033.96
MASTER SERVICER ADVANCES THIS MONTH 6,630.89
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 50 3,575,754.11
(B) TWO MONTHLY PAYMENTS: 9 797,175.68
(C) THREE OR MORE MONTHLY PAYMENTS: 3 233,380.17
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 1,018,504.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 76,638,852.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 984
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 789,725.50
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,652,551.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.16944790 % 1.83055210 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.15840680 % 1.84159320 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.32378625
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 272.88
POOL TRADING FACTOR: 29.65216918
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4194
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FAG8 52,015,000.00 0.00 6.000000 % 0.00
A-I-2 76110FAH6 67,186,000.00 0.00 6.250000 % 0.00
A-I-3 76110FAJ2 22,562,000.00 0.00 6.750000 % 0.00
A-I-4 76110FAK9 31,852,000.00 14,071,601.17 6.900000 % 603,779.65
A-I-5 76110FAL7 14,535,000.00 14,535,000.00 7.050000 % 0.00
A-I-6 76110FAM5 18,417,136.00 18,417,136.00 7.250000 % 0.00
A-I-7 76110FAN3 20,000,000.00 20,000,000.00 6.700000 % 0.00
A-II 76110FAQ6 29,374,968.00 7,512,687.75 5.489945 % 189,790.99
R 0.53 1,416,809.47 0.000000 % 24,186.03
- -------------------------------------------------------------------------------
255,942,104.53 75,953,234.39 817,756.67
===============================================================================
_______________________________________________________________________________
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 80,911.71 684,691.36 0.00 0.00 13,467,821.52
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 36,386.04 226,177.03 0.00 0.00 7,322,896.76
R 110,661.94 134,847.97 0.00 0.00 1,392,623.44
- -------------------------------------------------------------------------------
536,289.69 1,354,046.36 0.00 0.00 75,135,477.72
===============================================================================
_______________________________________________________________________________
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-4 441.780773 18.955785 2.540240 21.496025 0.000000 422.824988
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 255.751351 6.460977 1.238675 7.699652 0.000000 249.290374
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 16,431.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,290.19
SUBSERVICER ADVANCES THIS MONTH 62,408.30
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,662,733.33
(B) TWO MONTHLY PAYMENTS: 8 1,189,102.04
(C) THREE OR MORE MONTHLY PAYMENTS: 6 651,470.66
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 2,036,920.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 75,135,477.72
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 790
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 718,931.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.13462920 % 1.86537080 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.14651680 % 1.85348320 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,056,881.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,229,822.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.92171900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 284.92
POOL TRADING FACTOR: 29.35643506
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4201
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAS2 40,000,000.00 0.00 6.400000 % 0.00
A-2 76110FAT0 16,000,000.00 0.00 7.000000 % 0.00
A-3 76110FAU7 28,500,000.00 0.00 7.050000 % 0.00
A-4 76110FAV5 15,000,000.00 0.00 7.050000 % 0.00
A-5 76110FAW3 14,000,000.00 2,939,875.06 7.350000 % 1,039,803.32
A-6 76110FAX1 10,000,000.00 10,000,000.00 7.450000 % 0.00
A-7 76110FAY9 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-8 76110FAZ6 14,043,411.00 14,043,411.00 7.500000 % 0.00
A-9 76110FBA0 18,190,000.00 18,190,000.00 7.500000 % 0.00
A-10 76110FBB8 178,007.00 93,012.93 0.000000 % 124.91
R 0.00 1,819,114.18 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 73,085,413.17 1,039,928.23
===============================================================================
_______________________________________________________________________________
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 18,006.73 1,057,810.05 0.00 0.00 1,900,071.74
A-6 62,083.33 62,083.33 0.00 0.00 10,000,000.00
A-7 157,083.33 157,083.33 0.00 0.00 26,000,000.00
A-8 87,771.32 87,771.32 0.00 0.00 14,043,411.00
A-9 113,687.50 113,687.50 0.00 0.00 18,190,000.00
A-10 0.00 124.91 0.00 0.00 92,888.02
R 72,572.21 72,572.21 0.00 0.00 1,819,114.18
- -------------------------------------------------------------------------------
511,204.42 1,551,132.65 0.00 0.00 72,045,484.94
===============================================================================
_______________________________________________________________________________
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-5 209.991076 74.271666 1.286195 75.557861 0.000000 135.719410
A-6 1000.000000 0.000000 6.208333 6.208333 0.000000 1000.000000
A-7 1000.000000 0.000000 6.041667 6.041667 0.000000 1000.000000
A-8 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-9 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-10 522.524002 0.701714 0.000000 0.701714 0.000000 521.822288
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2 (POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4201
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,031.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,785.34
SUBSERVICER ADVANCES THIS MONTH 39,809.19
MASTER SERVICER ADVANCES THIS MONTH 3,919.47
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,770,308.42
(B) TWO MONTHLY PAYMENTS: 5 1,143,883.03
(C) THREE OR MORE MONTHLY PAYMENTS: 7 619,086.31
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,461,785.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 72,045,484.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 793
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 514,683.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 948,159.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.51097500 % 2.48902500 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.47504760 % 2.52495240 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81308263
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 289.03
POOL TRADING FACTOR: 39.60470746
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBC6 42,855,000.00 0.00 6.780000 % 0.00
A-I-2 76110FBD4 26,000,000.00 0.00 7.150000 % 0.00
A-I-3 76110FBE2 10,596,000.00 0.00 7.290000 % 0.00
A-I-4 76110FBF9 25,000,000.00 0.00 7.250000 % 0.00
A-I-5 76110FBG7 18,587,000.00 0.00 7.460000 % 0.00
A-I-6 76110FBH5 21,696,000.00 0.00 7.750000 % 0.00
A-I-7 76110FBJ1 8,047,000.00 0.00 7.750000 % 0.00
A-I-8 76110FBK8 17,436,000.00 17,279,775.58 7.750000 % 1,512,021.99
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 8,101,554.87 7.750000 % 180,787.26
A-P 76110FBQ5 1,166,695.86 721,312.22 0.000000 % 1,677.54
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 11,929,220.84 7.750000 % 25,352.16
M-2 76110FBU6 5,568,000.00 5,301,664.30 7.750000 % 11,267.18
M-3 76110FBV4 4,176,000.00 3,976,248.25 7.750000 % 8,450.38
B-1 1,809,600.00 1,723,040.88 7.750000 % 3,661.83
B-2 696,000.00 662,708.02 7.750000 % 1,408.40
B-3 1,670,738.96 1,333,916.34 7.750000 % 2,834.85
A-V 76110FHY2 0.00 0.00 0.677920 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 111,050,003.30 1,747,461.59
===============================================================================
_______________________________________________________________________________
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-8 111,559.73 1,623,581.72 0.00 0.00 15,767,753.59
A-I-9 162,338.30 162,338.30 0.00 0.00 25,145,000.00
A-I-10 122,665.64 122,665.64 0.00 0.00 19,000,000.00
A-I-11 102,494.00 102,494.00 0.00 0.00 15,875,562.00
A-II 52,304.34 233,091.60 0.00 0.00 7,920,767.61
A-P 0.00 1,677.54 0.00 0.00 719,634.68
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 77,016.08 102,368.24 0.00 0.00 11,903,868.68
M-2 34,228.01 45,495.19 0.00 0.00 5,290,397.12
M-3 25,671.01 34,121.39 0.00 0.00 3,967,797.87
B-1 11,124.10 14,785.93 0.00 0.00 1,719,379.05
B-2 4,278.50 5,686.90 0.00 0.00 661,299.62
B-3 8,611.88 11,446.73 0.00 0.00 1,310,320.54
A-V 62,714.05 62,714.05 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
775,005.64 2,522,467.23 0.00 0.00 109,281,780.76
===============================================================================
Run: 12/23/99 08:33:49
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-8 991.040123 86.718398 6.398241 93.116639 0.000000 904.321725
A-I-9 1000.000000 0.000000 6.456087 6.456087 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.456086 6.456086 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.456086 6.456086 0.000000 1000.000000
A-II 394.208662 8.796818 2.545045 11.341863 0.000000 385.411844
A-P 618.252147 1.437851 0.000000 1.437851 0.000000 616.814295
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 952.166727 2.023559 6.147271 8.170830 0.000000 950.143168
M-2 952.166721 2.023560 6.147272 8.170832 0.000000 950.143161
M-3 952.166727 2.023558 6.147273 8.170831 0.000000 950.143168
B-1 952.166711 2.023558 6.147270 8.170828 0.000000 950.143153
B-2 952.166695 2.023563 6.147270 8.170833 0.000000 950.143132
B-3 798.399015 1.696764 5.154534 6.851298 0.000000 784.276040
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-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:49 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,985.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,638.30
SUBSERVICER ADVANCES THIS MONTH 39,140.48
MASTER SERVICER ADVANCES THIS MONTH 3,600.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 3,895,329.67
(B) TWO MONTHLY PAYMENTS: 3 234,627.81
(C) THREE OR MORE MONTHLY PAYMENTS: 6 345,127.13
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 339,045.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,281,780.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,176
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 5
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 429,220.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,437,186.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 77.40678480 % 19.09692300 % 3.34954090 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 77.10706380 % 19.36467682 % 3.39989520 %
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 8.70173800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 288.96
POOL TRADING FACTOR: 39.25284562
................................................................................
Run: 12/23/99 08:33:49 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 1,412,762.19 8.000000 % 1,390,024.59
A-I-7 76110FCC5 18,046,000.00 18,046,000.00 8.000000 % 0.00
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 16,021,000.00 795,166.03 7.250000 % 114,481.09
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,597,652.52 0.000000 % 4,611.43
A-V-1 0.00 0.00 0.920037 % 0.00
A-V-2 0.00 0.00 0.363761 % 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 12,621,601.64 8.000000 % 24,830.55
M-2 76110FCN1 5,570,800.00 5,314,418.83 8.000000 % 10,455.09
M-3 76110FCP6 4,456,600.00 4,251,496.91 8.000000 % 8,364.00
B-1 76110FCR2 2,228,400.00 2,125,843.86 8.000000 % 4,182.19
B-2 76110FCS0 696,400.00 665,669.63 8.000000 % 1,309.58
B-3 76110FCT8 1,671,255.97 806,609.39 8.000000 % 1,586.83
STRIP 0.00 0.00 0.172111 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 103,133,221.00 1,559,845.35
===============================================================================
_______________________________________________________________________________
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 9,414.69 1,399,439.28 0.00 0.00 22,737.60
A-I-7 120,259.16 120,259.16 0.00 0.00 18,046,000.00
A-I-8 60,602.73 60,602.73 0.00 0.00 9,094,000.00
A-I-9 68,532.93 68,532.93 0.00 0.00 10,284,000.00
A-I-10 181,220.24 181,220.24 0.00 0.00 27,538,000.00
A-II-1 4,802.23 119,283.32 0.00 0.00 680,684.94
A-II-2 54,675.90 54,675.90 0.00 0.00 8,580,000.00
A-P 0.00 4,611.43 0.00 0.00 1,593,041.09
A-V-1 53,427.46 53,427.46 0.00 0.00 0.00
A-V-2 10,126.89 10,126.89 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 84,110.78 108,941.33 0.00 0.00 12,596,771.09
M-2 35,415.47 45,870.56 0.00 0.00 5,303,963.74
M-3 28,332.12 36,696.12 0.00 0.00 4,243,132.91
B-1 14,166.69 18,348.88 0.00 0.00 2,121,661.67
B-2 4,436.05 5,745.63 0.00 0.00 664,360.05
B-3 5,375.28 6,962.11 0.00 0.00 779,621.83
STRIP 5,292.22 5,292.22 0.00 0.00 0.00
- -------------------------------------------------------------------------------
740,190.84 2,300,036.19 0.00 0.00 101,547,974.92
===============================================================================
Run: 12/23/99 08:33:49
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 52.693379 51.845309 0.351150 52.196459 0.000000 0.848070
A-I-7 1000.000000 0.000000 6.664034 6.664034 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.664035 6.664035 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.664034 6.664034 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.580734 6.580734 0.000000 1000.000000
A-II-1 49.632734 7.145689 0.299746 7.445435 0.000000 42.487045
A-II-2 1000.000000 0.000000 6.372483 6.372483 0.000000 1000.000000
A-P 525.606182 1.517097 0.000000 1.517097 0.000000 524.089085
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-1 953.977676 1.876766 6.357339 8.234105 0.000000 952.100910
M-2 953.977675 1.876766 6.357340 8.234106 0.000000 952.100908
M-3 953.977676 1.876767 6.357340 8.234107 0.000000 952.100909
B-1 953.977679 1.876768 6.357337 8.234105 0.000000 952.100911
B-2 955.872530 1.880500 6.369974 8.250474 0.000000 953.992030
B-3 482.636654 0.949484 3.216312 4.165796 0.000000 466.488581
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:49 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4 (POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4216
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,250.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 401.89
SUBSERVICER ADVANCES THIS MONTH 38,041.47
MASTER SERVICER ADVANCES THIS MONTH 3,913.17
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,630,369.85
(B) TWO MONTHLY PAYMENTS: 4 460,534.03
(C) THREE OR MORE MONTHLY PAYMENTS: 9 792,265.12
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 629,906.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 101,547,974.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,207
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 480,645.20
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,278,142.41
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.60432770 % 21.51345300 % 3.48881070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.27889720 % 21.80631151 % 3.56725120 %
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 8.93873500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 281.55
POOL TRADING FACTOR: 36.45778285
................................................................................
Run: 12/23/99 08:31:20 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 45,560,531.50 5.950000 % 1,212,367.62
R 973,833.13 2,313,618.34 0.000000 % 15,659.15
- -------------------------------------------------------------------------------
139,119,013.13 47,874,149.84 1,228,026.77
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 233,283.15 1,445,650.77 0.00 0.00 44,348,163.88
R 41,508.69 57,167.84 0.00 0.00 2,297,959.19
- -------------------------------------------------------------------------------
274,791.84 1,502,818.61 0.00 0.00 46,646,123.07
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 329.801818 8.776040 1.688681 10.464721 0.000000 321.025778
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:20 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6 (POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4220
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,610.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 152.42
SUBSERVICER ADVANCES THIS MONTH 15,633.22
MASTER SERVICER ADVANCES THIS MONTH 571.97
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,317,819.06
(B) TWO MONTHLY PAYMENTS: 3 294,066.76
(C) THREE OR MORE MONTHLY PAYMENTS: 2 108,625.79
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 424,155.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 46,646,123.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 611
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 85,157.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,116,486.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.16729100 % 4.83270900 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.07363310 % 4.92636690 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 501,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,788,871.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.54929145
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 243.93
POOL TRADING FACTOR: 33.52965351
................................................................................
Run: 12/23/99 08:33:50 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 16,926,000.00 744,816.59 8.000000 % 255,795.93
A-I-8 76110FDB6 6,884,000.00 6,884,000.00 8.000000 % 0.00
A-I-9 76110FDC4 11,229,000.00 11,229,000.00 8.000000 % 0.00
A-I-10 76110FDD2 22,501,000.00 22,501,000.00 8.000000 % 0.00
A-II-1 76110FDE0 11,162,000.00 1,493,334.54 8.000000 % 95,384.27
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 669,991.08 0.000000 % 1,331.13
A-V-1 796QS5AV1 0.00 0.00 1.010392 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.400582 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,406,933.93 8.000000 % 22,712.92
M-2 76110FDK6 3,958,800.00 3,707,377.30 8.000000 % 11,368.45
M-3 76110FDL4 2,815,100.00 2,639,522.05 8.000000 % 8,093.94
B-1 76110FDM2 1,407,600.00 1,332,564.19 8.000000 % 4,086.23
B-2 76110FDN0 439,800.00 420,849.71 8.000000 % 1,290.51
B-3 76110FDP5 1,055,748.52 684,100.10 8.000000 % 2,097.75
- -------------------------------------------------------------------------------
175,944,527.21 64,238,489.49 402,161.13
===============================================================================
_______________________________________________________________________________
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 4,963.17 260,759.10 0.00 0.00 489,020.66
A-I-8 45,872.37 45,872.37 0.00 0.00 6,884,000.00
A-I-9 74,825.81 74,825.81 0.00 0.00 11,229,000.00
A-I-10 149,938.16 149,938.16 0.00 0.00 22,501,000.00
A-II-1 9,951.01 105,335.28 0.00 0.00 1,397,950.27
A-II-2 30,152.89 30,152.89 0.00 0.00 4,525,000.00
A-P 0.00 1,331.13 0.00 0.00 668,659.95
A-V-1 38,468.52 38,468.52 0.00 0.00 0.00
A-V-2 6,182.89 6,182.89 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,357.01 72,069.93 0.00 0.00 7,384,221.01
M-2 24,704.56 36,073.01 0.00 0.00 3,696,008.85
M-3 17,588.77 25,682.71 0.00 0.00 2,631,428.11
B-1 8,879.70 12,965.93 0.00 0.00 1,328,477.96
B-2 2,804.38 4,094.89 0.00 0.00 419,559.20
B-3 4,558.59 6,656.34 0.00 0.00 676,417.93
- -------------------------------------------------------------------------------
468,247.83 870,408.96 0.00 0.00 63,830,743.94
===============================================================================
Run: 12/23/99 08:33:50
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 44.004289 15.112604 0.293228 15.405832 0.000000 28.891685
A-I-8 1000.000000 0.000000 6.663621 6.663621 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.663622 6.663622 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.663622 6.663622 0.000000 1000.000000
A-II-1 133.787362 8.545446 0.891508 9.436954 0.000000 125.241916
A-II-2 1000.000000 0.000000 6.663622 6.663622 0.000000 1000.000000
A-P 605.845005 1.203684 0.000000 1.203684 0.000000 604.641320
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-1 935.396089 2.868336 6.233126 9.101462 0.000000 932.527753
M-2 936.490174 2.871691 6.240416 9.112107 0.000000 933.618483
M-3 937.629942 2.875187 6.248009 9.123196 0.000000 934.754755
B-1 946.692377 2.902977 6.308397 9.211374 0.000000 943.789400
B-2 956.911573 2.934311 6.376489 9.310800 0.000000 953.977262
B-3 647.976376 1.986979 4.317875 6.304854 0.000000 640.699860
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:50 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,291.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,526.84
SUBSERVICER ADVANCES THIS MONTH 40,807.62
MASTER SERVICER ADVANCES THIS MONTH 2,390.07
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 2,383,808.35
(B) TWO MONTHLY PAYMENTS: 7 1,097,242.04
(C) THREE OR MORE MONTHLY PAYMENTS: 5 627,180.96
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 638,665.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 63,830,743.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 755
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 302,405.02
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 284,187.58
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.52929090 % 21.41058000 % 3.79447590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.45284890 % 21.48127552 % 3.83846600 %
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 9.08308200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 284.88
POOL TRADING FACTOR: 36.27890276
................................................................................
Run: 12/23/99 08:33:50 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 6,565,615.10 8.000000 % 798,099.75
A-I-10 76110FDZ3 11,650,000.00 11,650,000.00 8.000000 % 0.00
A-I-11 76110FEA7 30,421,000.00 30,421,000.00 8.000000 % 0.00
A-I-12 76110FEB5 8,619,000.00 8,619,000.00 8.000000 % 0.00
A-II 76110FEC3 20,104,000.00 8,588,821.06 8.000000 % 136,504.15
A-P 76110FED1 601,147.92 311,712.15 0.000000 % 15,494.69
A-V-1 796QS7AV1 0.00 0.00 0.877906 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.468381 % 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 8,657,648.58 8.000000 % 10,479.88
M-2 76110FEH2 5,126,400.00 4,869,393.02 8.000000 % 5,894.28
M-3 76110FEJ8 3,645,500.00 3,462,736.47 8.000000 % 4,191.56
B-1 1,822,700.00 1,731,320.76 8.000000 % 2,095.72
B-2 569,600.00 541,043.70 8.000000 % 654.92
B-3 1,366,716.75 960,836.31 8.000000 % 1,163.07
- -------------------------------------------------------------------------------
227,839,864.67 86,379,127.15 974,578.02
===============================================================================
_______________________________________________________________________________
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 43,745.49 841,845.24 0.00 0.00 5,767,515.35
A-I-10 77,621.81 77,621.81 0.00 0.00 11,650,000.00
A-I-11 202,689.53 202,689.53 0.00 0.00 30,421,000.00
A-I-12 57,426.81 57,426.81 0.00 0.00 8,619,000.00
A-II 57,225.74 193,729.89 0.00 0.00 8,452,316.91
A-P 0.00 15,494.69 0.00 0.00 296,217.46
A-V-1 49,048.24 49,048.24 0.00 0.00 0.00
A-V-2 7,527.57 7,527.57 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 57,684.32 68,164.20 0.00 0.00 8,647,168.70
M-2 32,443.87 38,338.15 0.00 0.00 4,863,498.74
M-3 23,071.58 27,263.14 0.00 0.00 3,458,544.91
B-1 11,535.47 13,631.19 0.00 0.00 1,729,225.04
B-2 3,604.88 4,259.80 0.00 0.00 540,388.78
B-3 6,401.88 7,564.95 0.00 0.00 959,673.24
- -------------------------------------------------------------------------------
630,027.19 1,604,605.21 0.00 0.00 85,404,549.13
===============================================================================
Run: 12/23/99 08:33:50
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-9 291.468308 35.430158 1.942000 37.372158 0.000000 256.038149
A-I-10 1000.000000 0.000000 6.662816 6.662816 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.662816 6.662816 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.662816 6.662816 0.000000 1000.000000
A-II 427.219512 6.789900 2.846485 9.636385 0.000000 420.429612
A-P 518.528202 25.775171 0.000000 25.775171 0.000000 492.753030
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-1 949.865993 1.149790 6.328782 7.478572 0.000000 948.716203
M-2 949.865992 1.149789 6.328782 7.478571 0.000000 948.716202
M-3 949.865991 1.149790 6.328783 7.478573 0.000000 948.716201
B-1 949.866001 1.149789 6.328781 7.478570 0.000000 948.716212
B-2 949.866046 1.149789 6.328792 7.478581 0.000000 948.716257
B-3 703.025195 0.850996 4.684131 5.535127 0.000000 702.174200
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:51 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,822.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,298.73
SUBSERVICER ADVANCES THIS MONTH 44,809.42
MASTER SERVICER ADVANCES THIS MONTH 2,224.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,548,246.15
(B) TWO MONTHLY PAYMENTS: 12 1,421,150.23
(C) THREE OR MORE MONTHLY PAYMENTS: 5 702,373.90
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 534,626.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,404,549.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 980
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 270,847.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 860,661.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.50332730 % 19.66884700 % 3.74303480 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 76.26730660 % 19.86921367 % 3.79432540 %
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 9.08948100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.69
POOL TRADING FACTOR: 37.48446272
................................................................................
Run: 12/23/99 08:31:23 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 41,814.53 7.400000 % 39,328.50
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 3,765,148.00 406,176.54 7.300000 % 382,027.58
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 170,755.03 7.400000 % 160,602.84
A-7 76110FER0 31,579,563.00 2,839,698.11 6.093750 % 264,486.24
A-8 76110FES8 0.00 0.00 2.906250 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 9,406,975.12 7.400000 % 253,484.49
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 54,809.44 0.000000 % 99.92
A-15-1 96QS8A151 0.00 0.00 0.990218 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.506388 % 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 6,331,975.50 7.750000 % 5,640.07
M-2 76110FFC2 4,440,700.00 4,221,348.71 7.750000 % 3,760.07
M-3 76110FFD0 3,108,500.00 2,954,953.60 7.750000 % 2,632.06
B-1 1,509,500.00 1,434,937.25 7.750000 % 1,278.14
B-2 444,000.00 422,068.33 7.750000 % 375.95
B-3 1,154,562.90 923,087.21 7.750000 % 822.23
- -------------------------------------------------------------------------------
177,623,205.60 65,830,557.37 1,114,538.09
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 257.44 39,585.94 0.00 0.00 2,486.03
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 2,466.89 384,494.47 0.00 0.00 24,148.96
A-5 0.00 0.00 0.00 0.00 0.00
A-6 1,051.28 161,654.12 0.00 0.00 10,152.19
A-7 14,396.90 278,883.14 0.00 0.00 2,575,211.87
A-8 6,866.21 6,866.21 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 57,915.37 311,399.86 0.00 0.00 9,153,490.63
A-11 90,108.48 90,108.48 0.00 0.00 13,975,000.00
A-12 12,895.67 12,895.67 0.00 0.00 2,000,000.00
A-13 133,128.16 133,128.16 0.00 0.00 20,646,958.00
A-14 0.00 99.92 0.00 0.00 54,709.52
A-15-1 44,600.98 44,600.98 0.00 0.00 0.00
A-15-2 4,926.15 4,926.15 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 40,827.53 46,467.60 0.00 0.00 6,326,335.43
M-2 27,218.56 30,978.63 0.00 0.00 4,217,588.64
M-3 19,053.06 21,685.12 0.00 0.00 2,952,321.54
B-1 9,252.23 10,530.37 0.00 0.00 1,433,659.11
B-2 2,721.43 3,097.38 0.00 0.00 421,692.38
B-3 5,951.91 6,774.14 0.00 0.00 922,264.98
- -------------------------------------------------------------------------------
473,638.25 1,588,176.34 0.00 0.00 64,716,019.28
===============================================================================
Run: 12/23/99 08:31:23
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 10.453633 9.832125 0.064360 9.896485 0.000000 0.621508
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-4 107.877975 101.464160 0.655191 102.119351 0.000000 6.413814
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 65.662384 61.758448 0.404261 62.162709 0.000000 3.903936
A-7 89.922020 8.375234 0.455893 8.831127 0.000000 81.546786
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-10 448.940597 12.097351 2.763966 14.861317 0.000000 436.843246
A-11 1000.000000 0.000000 6.447834 6.447834 0.000000 1000.000000
A-12 1000.000000 0.000000 6.447835 6.447835 0.000000 1000.000000
A-13 1000.000000 0.000000 6.447834 6.447834 0.000000 1000.000000
A-14 473.210291 0.862683 0.000000 0.862683 0.000000 472.347608
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-1 950.604339 0.846730 6.129339 6.976069 0.000000 949.757609
M-2 950.604344 0.846729 6.129340 6.976069 0.000000 949.757615
M-3 950.604343 0.846730 6.129342 6.976072 0.000000 949.757613
B-1 950.604339 0.846731 6.129334 6.976065 0.000000 949.757609
B-2 950.604347 0.846734 6.129347 6.976081 0.000000 949.757613
B-3 799.512274 0.712148 5.155120 5.867268 0.000000 798.800117
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:23 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,541.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 197.45
SUBSERVICER ADVANCES THIS MONTH 26,555.34
MASTER SERVICER ADVANCES THIS MONTH 1,342.64
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 2,067,171.26
(B) TWO MONTHLY PAYMENTS: 3 172,011.41
(C) THREE OR MORE MONTHLY PAYMENTS: 4 545,043.35
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 508,000.92
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 64,716,019.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 743
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 162,062.37
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,055,862.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.23651020 % 20.53686700 % 4.22662280 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.83214900 % 20.85456701 % 4.29563900 %
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 8.97351810
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 309.29
POOL TRADING FACTOR: 36.43443944
................................................................................
Run: 12/23/99 08:31:32 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 7,123,140.76 11.000000 % 287,438.83
A-7 76110FFL2 17,652,000.00 0.00 6.750000 % 0.00
A-8 76110FFM0 5,655,589.00 4,375,916.44 6.750000 % 255,501.20
A-9 76110FFN8 19,068,000.00 18,597,644.37 6.750000 % 1,085,880.05
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 212,947.62 128,511.55 0.000000 % 3,279.95
A-13-1 0.00 0.00 1.012403 % 0.00
A-13-2 0.00 0.00 0.652632 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,128,487.86 7.500000 % 7,855.46
M-2 76110FFW8 6,251,000.00 6,085,334.08 7.500000 % 5,236.70
M-3 76110FFW8 4,375,700.00 4,259,733.85 7.500000 % 3,665.69
B-1 1,624,900.00 1,581,836.39 7.500000 % 1,361.24
B-2 624,800.00 608,759.92 7.500000 % 523.86
B-3 1,500,282.64 1,278,642.59 7.500000 % 0.00
- -------------------------------------------------------------------------------
250,038,730.26 110,941,772.81 1,650,742.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00
A-6 65,261.16 352,699.99 0.00 0.00 6,835,701.93
A-7 0.00 0.00 0.00 0.00 0.00
A-8 24,601.60 280,102.80 0.00 0.00 4,120,415.24
A-9 104,556.80 1,190,436.85 0.00 0.00 17,511,764.32
A-10 57,725.84 57,725.84 0.00 0.00 10,267,765.00
A-11 296,756.55 296,756.55 0.00 0.00 47,506,000.00
A-12 0.00 3,279.95 0.00 0.00 125,231.60
A-13-1 75,149.41 75,149.41 0.00 0.00 0.00
A-13-2 11,861.05 11,861.05 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 57,023.08 64,878.54 0.00 0.00 9,120,632.40
M-2 38,013.36 43,250.06 0.00 0.00 6,080,097.38
M-3 26,609.36 30,275.05 0.00 0.00 4,256,068.16
B-1 9,881.29 11,242.53 0.00 0.00 1,580,475.15
B-2 5,591.27 6,115.13 0.00 0.00 608,236.06
B-3 7,299.13 7,299.13 0.00 0.00 1,277,542.28
- -------------------------------------------------------------------------------
780,329.90 2,431,072.88 0.00 0.00 109,289,929.52
===============================================================================
Run: 12/23/99 08:31:32
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-6 226.047880 9.121670 2.071017 11.192687 0.000000 216.926210
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 773.733105 45.176762 4.349962 49.526724 0.000000 728.556343
A-9 975.332723 56.947769 5.483365 62.431134 0.000000 918.384955
A-10 1000.000000 0.000000 5.622045 5.622045 0.000000 1000.000000
A-11 1000.000000 0.000000 6.246717 6.246717 0.000000 1000.000000
A-12 603.489018 15.402614 0.000000 15.402614 0.000000 588.086404
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-1 973.497692 0.837737 6.081165 6.918902 0.000000 972.659955
M-2 973.497693 0.837738 6.081165 6.918903 0.000000 972.659955
M-3 973.497692 0.837738 6.081166 6.918904 0.000000 972.659954
B-1 973.497686 0.837738 6.081168 6.918906 0.000000 972.659948
B-2 974.327657 0.838444 8.948896 9.787340 0.000000 973.489213
B-3 852.267803 0.000000 4.865170 4.865170 0.000000 851.534402
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:33 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 23,182.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,369.93
SUBSERVICER ADVANCES THIS MONTH 44,574.30
MASTER SERVICER ADVANCES THIS MONTH 1,899.65
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,030,002.69
(B) TWO MONTHLY PAYMENTS: 4 356,360.34
(C) THREE OR MORE MONTHLY PAYMENTS: 6 999,974.25
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,187,783.34
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,289,929.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,175
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 231,565.39
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,556,338.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.29598460 % 17.57330800 % 3.13070730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.00140630 % 17.80291929 % 3.17525130 %
BANKRUPTCY AMOUNT AVAILABLE 182,005.00
FRAUD AMOUNT AVAILABLE 1,451,267.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,451,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.76272193
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 313.56
POOL TRADING FACTOR: 43.70920033
................................................................................
Run: 12/23/99 08:31:39 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 5,023,063.12 9.000000 % 325,968.00
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 4,153,717.87 7.250000 % 702,861.10
A-5 76110FGC1 10,000,000.00 1,032,510.77 7.250000 % 112,058.95
A-6 76110FGD9 7,371,430.00 7,371,430.00 7.250000 % 0.00
A-7 76110FGE7 10,400,783.00 10,400,783.00 7.750000 % 0.00
A-8 76110FGF4 31,000,000.00 31,000,000.00 7.750000 % 0.00
A-9 76110FGG2 130,561.76 78,607.51 0.000000 % 87.58
A-10-1 97QS2A101 0.00 0.00 0.779789 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.431727 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,784,781.89 7.750000 % 4,189.06
M-2 76110FGL1 4,109,600.00 3,987,253.57 7.750000 % 3,490.83
M-3 76110FGM9 2,630,200.00 2,551,896.62 7.750000 % 2,234.18
B-1 1,068,500.00 1,036,689.80 7.750000 % 907.62
B-2 410,900.00 398,667.16 7.750000 % 349.03
B-3 821,738.81 699,823.95 7.750000 % 612.68
- -------------------------------------------------------------------------------
164,383,983.57 72,519,225.26 1,152,759.03
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 37,654.69 363,622.69 0.00 0.00 4,697,095.12
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 25,083.20 727,944.30 0.00 0.00 3,450,856.77
A-5 6,235.06 118,294.01 0.00 0.00 920,451.82
A-6 44,514.11 44,514.11 0.00 0.00 7,371,430.00
A-7 67,139.12 67,139.12 0.00 0.00 10,400,783.00
A-8 200,111.17 200,111.17 0.00 0.00 31,000,000.00
A-9 0.00 87.58 0.00 0.00 78,519.93
A-10-1 37,674.12 37,674.12 0.00 0.00 0.00
A-10-2 5,219.65 5,219.65 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,886.72 35,075.78 0.00 0.00 4,780,592.83
M-2 25,738.51 29,229.34 0.00 0.00 3,983,762.74
M-3 16,473.00 18,707.18 0.00 0.00 2,549,662.44
B-1 6,692.04 7,599.66 0.00 0.00 1,035,782.18
B-2 2,573.48 2,922.51 0.00 0.00 398,318.13
B-3 4,517.51 5,130.19 0.00 0.00 699,211.27
- -------------------------------------------------------------------------------
510,512.38 1,663,271.41 0.00 0.00 71,366,466.23
===============================================================================
Run: 12/23/99 08:31:39
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-1 161.468789 10.478399 1.210428 11.688827 0.000000 150.990390
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-4 228.226257 38.618742 1.378198 39.996940 0.000000 189.607515
A-5 103.251077 11.205895 0.623506 11.829401 0.000000 92.045182
A-6 1000.000000 0.000000 6.038735 6.038735 0.000000 1000.000000
A-7 1000.000000 0.000000 6.455199 6.455199 0.000000 1000.000000
A-8 1000.000000 0.000000 6.455199 6.455199 0.000000 1000.000000
A-9 602.071464 0.670794 0.000000 0.670794 0.000000 601.400671
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-1 970.229112 0.849432 6.263022 7.112454 0.000000 969.379680
M-2 970.229115 0.849433 6.263021 7.112454 0.000000 969.379682
M-3 970.229116 0.849434 6.263022 7.112456 0.000000 969.379682
B-1 970.229106 0.849434 6.263023 7.112457 0.000000 969.379672
B-2 970.229156 0.849428 6.263032 7.112460 0.000000 969.379727
B-3 851.637943 0.745590 5.497501 6.243091 0.000000 850.892353
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:40 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2 (POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4240
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,961.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 385.25
SUBSERVICER ADVANCES THIS MONTH 19,342.23
MASTER SERVICER ADVANCES THIS MONTH 2,917.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,563,997.88
(B) TWO MONTHLY PAYMENTS: 4 241,149.38
(C) THREE OR MORE MONTHLY PAYMENTS: 5 347,998.96
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 270,096.31
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 71,366,466.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 815
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 347,664.92
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,089,264.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.42048840 % 15.63202000 % 2.94749130 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.13660120 % 15.85340932 % 2.99252780 %
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 8.77710195
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 313.78
POOL TRADING FACTOR: 43.41448886
................................................................................
Run: 12/23/99 08:31:43 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 16,821,000.00 328,981.70 7.500000 % 328,981.70
A-4 76110FGV9 23,490,000.00 23,490,000.00 7.750000 % 927,758.60
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 46,997.38 9.500000 % 46,997.38
A-8 76110FGZ0 27,500,000.00 27,500,000.00 7.750000 % 0.00
A-9 76110FHA4 107,351.50 69,213.25 0.000000 % 228.57
A-10-1 97QS3A101 0.00 0.00 0.796089 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.506027 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,187,743.45 7.750000 % 4,195.51
M-2 76110FHE6 4,112,900.00 3,990,624.15 7.750000 % 3,227.36
M-3 76110FHF3 2,632,200.00 2,553,945.08 7.750000 % 2,065.47
B-1 1,069,400.00 1,037,606.91 7.750000 % 839.15
B-2 411,200.00 398,975.09 7.750000 % 322.67
B-3 823,585.68 536,140.78 7.750000 % 433.58
- -------------------------------------------------------------------------------
164,514,437.18 73,278,227.79 1,315,049.99
===============================================================================
_______________________________________________________________________________
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 0.00 0.00 0.00 0.00 0.00
A-3 2,055.51 331,037.21 0.00 0.00 0.00
A-4 151,659.64 1,079,418.24 0.00 0.00 22,562,241.40
A-5 46,085.42 46,085.42 0.00 0.00 7,138,000.00
A-6 6,456.35 6,456.35 0.00 0.00 1,000,000.00
A-7 371.95 47,369.33 0.00 0.00 0.00
A-8 177,549.60 177,549.60 0.00 0.00 27,500,000.00
A-9 0.00 228.57 0.00 0.00 68,984.68
A-10-1 36,878.80 36,878.80 0.00 0.00 0.00
A-10-2 7,449.46 7,449.46 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,493.89 37,689.40 0.00 0.00 5,183,547.94
M-2 25,764.86 28,992.22 0.00 0.00 3,987,396.79
M-3 16,489.16 18,554.63 0.00 0.00 2,551,879.61
B-1 6,699.15 7,538.30 0.00 0.00 1,036,767.76
B-2 2,575.92 2,898.59 0.00 0.00 398,652.42
B-3 3,461.52 3,895.10 0.00 0.00 535,707.20
- -------------------------------------------------------------------------------
516,991.23 1,832,041.22 0.00 0.00 71,963,177.80
===============================================================================
Run: 12/23/99 08:31:43
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 19.557797 19.557797 0.122199 19.679996 0.000000 0.000000
A-4 1000.000000 39.495896 6.456349 45.952245 0.000000 960.504104
A-5 1000.000000 0.000000 6.456349 6.456349 0.000000 1000.000000
A-6 1000.000000 0.000000 6.456350 6.456350 0.000000 1000.000000
A-7 3.056939 3.056939 0.024193 3.081132 0.000000 0.000000
A-8 1000.000000 0.000000 6.456349 6.456349 0.000000 1000.000000
A-9 644.734820 2.129174 0.000000 2.129174 0.000000 642.605646
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-1 970.270157 0.784691 6.264404 7.049095 0.000000 969.485466
M-2 970.270162 0.784692 6.264402 7.049094 0.000000 969.485470
M-3 970.270147 0.784693 6.264402 7.049095 0.000000 969.485453
B-1 970.270161 0.784692 6.264401 7.049093 0.000000 969.485469
B-2 970.270161 0.784703 6.264397 7.049100 0.000000 969.485457
B-3 650.983611 0.526418 4.202987 4.729405 0.000000 650.457157
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:45 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 15,103.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 239.90
SUBSERVICER ADVANCES THIS MONTH 42,778.61
MASTER SERVICER ADVANCES THIS MONTH 790.51
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,502,262.29
(B) TWO MONTHLY PAYMENTS: 4 425,829.55
(C) THREE OR MORE MONTHLY PAYMENTS: 1 462,296.00
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 1,050,333.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 71,963,177.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 767
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 99,523.63
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,255,762.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.27957940 % 16.02577600 % 2.69464460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.95263170 % 16.29003151 % 2.74170600 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 850,914.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,609,783.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79811188
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.38
POOL TRADING FACTOR: 43.74277360
................................................................................
Run: 12/23/99 08:31:50 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHK2 43,231,010.00 0.00 7.250000 % 0.00
A-2 76110FHL0 35,775,000.00 0.00 7.250000 % 0.00
A-3 76110FHM8 22,398,546.00 1,736,491.39 7.250000 % 1,316,787.66
A-4 76110FHN6 24,498,244.00 2,349,786.90 10.000000 % 292,619.44
A-5 76110FHP1 17,675,100.00 17,675,100.00 7.500000 % 0.00
A-6 76110FHQ9 7,150,100.00 7,150,100.00 7.750000 % 0.00
A-7 76110FHR7 52,000,000.00 52,000,000.00 7.750000 % 0.00
A-8 76110FHS5 155,284.33 119,973.44 0.000000 % 126.66
A-9-1 797QS4A91 0.00 0.00 0.802700 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.477547 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 7,012,892.48 7.750000 % 5,960.01
M-2 76110FHW6 4,975,300.00 4,855,041.86 7.750000 % 4,126.13
M-3 76110FHX4 3,316,900.00 3,236,727.12 7.750000 % 2,750.78
B-1 1,216,200.00 1,186,803.20 7.750000 % 1,008.62
B-2 552,900.00 539,535.83 7.750000 % 458.53
B-3 995,114.30 806,100.28 7.750000 % 685.07
- -------------------------------------------------------------------------------
221,126,398.63 98,668,552.50 1,624,522.90
===============================================================================
_______________________________________________________________________________
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 10,486.91 1,327,274.57 0.00 0.00 419,703.73
A-4 19,573.37 312,192.81 0.00 0.00 2,057,167.46
A-5 110,423.18 110,423.18 0.00 0.00 17,675,100.00
A-6 46,158.42 46,158.42 0.00 0.00 7,150,100.00
A-7 335,692.89 335,692.89 0.00 0.00 52,000,000.00
A-8 0.00 126.66 0.00 0.00 119,846.78
A-9-1 52,124.03 52,124.03 0.00 0.00 0.00
A-9-2 8,239.34 8,239.34 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,272.66 51,232.67 0.00 0.00 7,006,932.47
M-2 31,342.37 35,468.50 0.00 0.00 4,850,915.73
M-3 20,895.12 23,645.90 0.00 0.00 3,233,976.34
B-1 7,661.56 8,670.18 0.00 0.00 1,185,794.58
B-2 3,483.04 3,941.57 0.00 0.00 539,077.30
B-3 5,203.88 5,888.95 0.00 0.00 805,415.21
- -------------------------------------------------------------------------------
696,556.77 2,321,079.67 0.00 0.00 97,044,029.60
===============================================================================
Run: 12/23/99 08:31:50
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 77.526969 58.788979 0.468196 59.257175 0.000000 18.737990
A-4 95.916544 11.944507 0.798970 12.743477 0.000000 83.972037
A-5 1000.000000 0.000000 6.247386 6.247386 0.000000 1000.000000
A-6 1000.000000 0.000000 6.455633 6.455633 0.000000 1000.000000
A-7 1000.000000 0.000000 6.455633 6.455633 0.000000 1000.000000
A-8 772.604937 0.815665 0.000000 0.815665 0.000000 771.789272
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-1 975.828971 0.829323 6.299594 7.128917 0.000000 974.999648
M-2 975.828967 0.829323 6.299594 7.128917 0.000000 974.999644
M-3 975.828973 0.829323 6.299593 7.128916 0.000000 974.999650
B-1 975.828975 0.829321 6.299589 7.128910 0.000000 974.999655
B-2 975.828956 0.829318 6.299584 7.128902 0.000000 974.999638
B-3 810.057980 0.688444 5.229429 5.917873 0.000000 809.369548
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:50 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4 (POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4247
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,391.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 464.45
SUBSERVICER ADVANCES THIS MONTH 31,352.64
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,397,150.67
(B) TWO MONTHLY PAYMENTS: 9 1,027,007.48
(C) THREE OR MORE MONTHLY PAYMENTS: 2 215,561.70
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 311,071.32
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 97,044,029.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,038
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,540,657.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.10314050 % 15.32712300 % 2.56973700 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.81866370 % 15.55152296 % 2.61058390 %
BANKRUPTCY AMOUNT AVAILABLE 123,032.00
FRAUD AMOUNT AVAILABLE 112,437.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,380,465.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80504820
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 317.84
POOL TRADING FACTOR: 43.88622534
................................................................................
Run: 12/23/99 08:31:50 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5(POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4248
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHZ9 33,300,000.00 0.00 7.250000 % 0.00
A-2 76110FJA2 10,800,000.00 0.00 7.250000 % 0.00
A-3 76110FJB0 29,956,909.00 1,923,351.61 10.000000 % 283,420.03
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 5,128,937.67 7.250000 % 755,786.75
A-6 76110FJE4 18,143,000.00 18,143,000.00 8.000000 % 0.00
A-7 76110FJF1 4,767,000.00 4,767,000.00 8.000000 % 0.00
A-8 76110FJG9 0.00 0.00 0.750000 % 0.00
A-9 76110FJH7 42,917,000.00 42,917,000.00 7.250000 % 0.00
A-10 76110FJJ3 340,158.57 194,143.38 0.000000 % 1,030.97
A-11-1 0.00 0.00 0.697124 % 0.00
A-11-2 0.00 0.00 0.362011 % 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 6,564,762.15 8.000000 % 5,152.02
M-2 76110FJP9 4,330,000.00 4,223,687.99 8.000000 % 3,314.75
M-3 76110FJQ7 2,886,000.00 2,815,141.70 8.000000 % 2,209.32
B-1 1,058,000.00 1,032,023.50 8.000000 % 809.93
B-2 481,000.00 469,190.29 8.000000 % 368.22
B-3 866,066.26 506,111.47 8.000000 % 397.19
- -------------------------------------------------------------------------------
192,360,424.83 88,684,349.76 1,052,489.18
===============================================================================
_______________________________________________________________________________
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 16,024.11 299,444.14 0.00 0.00 1,639,931.58
A-4 0.00 0.00 0.00 0.00 0.00
A-5 30,979.95 786,766.70 0.00 0.00 4,373,150.92
A-6 120,924.53 120,924.53 0.00 0.00 18,143,000.00
A-7 31,772.43 31,772.43 0.00 0.00 4,767,000.00
A-8 26,816.74 26,816.74 0.00 0.00 0.00
A-9 259,228.47 259,228.47 0.00 0.00 42,917,000.00
A-10 0.00 1,030.97 0.00 0.00 193,112.41
A-11-1 39,328.05 39,328.05 0.00 0.00 0.00
A-11-2 6,324.81 6,324.81 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 43,754.66 48,906.68 0.00 0.00 6,559,610.13
M-2 28,151.22 31,465.97 0.00 0.00 4,220,373.24
M-3 18,763.14 20,972.46 0.00 0.00 2,812,932.38
B-1 6,878.52 7,688.45 0.00 0.00 1,031,213.57
B-2 3,127.20 3,495.42 0.00 0.00 468,822.07
B-3 3,373.28 3,770.47 0.00 0.00 505,714.28
- -------------------------------------------------------------------------------
635,447.11 1,687,936.29 0.00 0.00 87,631,860.58
===============================================================================
Run: 12/23/99 08:31:50
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 64.203941 9.460924 0.534905 9.995829 0.000000 54.743017
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 435.205606 64.130752 2.628741 66.759493 0.000000 371.074854
A-6 1000.000000 0.000000 6.665079 6.665079 0.000000 1000.000000
A-7 1000.000000 0.000000 6.665079 6.665079 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.040228 6.040228 0.000000 1000.000000
A-10 570.743756 3.030851 0.000000 3.030851 0.000000 567.712905
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-1 975.447571 0.765530 6.501435 7.266965 0.000000 974.682040
M-2 975.447573 0.765531 6.501436 7.266967 0.000000 974.682042
M-3 975.447574 0.765530 6.501435 7.266965 0.000000 974.682044
B-1 975.447543 0.765529 6.501437 7.266966 0.000000 974.682013
B-2 975.447588 0.765530 6.501455 7.266985 0.000000 974.682058
B-3 584.379618 0.458625 3.894944 4.353569 0.000000 583.921004
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:51 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5 (POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4248
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,268.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,648.38
SUBSERVICER ADVANCES THIS MONTH 36,809.66
MASTER SERVICER ADVANCES THIS MONTH 4,854.67
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 3,982,001.46
(B) TWO MONTHLY PAYMENTS: 2 148,735.81
(C) THREE OR MORE MONTHLY PAYMENTS: 2 181,059.03
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 338,963.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 87,631,860.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 922
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 585,048.31
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 982,850.70
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.35859340 % 15.37299100 % 2.26841520 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.16046550 % 15.51138554 % 2.29389140 %
BANKRUPTCY AMOUNT AVAILABLE 146,943.00
FRAUD AMOUNT AVAILABLE 995,474.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,391,187.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.92688760
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.82
POOL TRADING FACTOR: 45.55607561
................................................................................
Run: 12/23/99 08:31:51 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6(POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4249
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FJR5 42,946,000.00 0.00 7.500000 % 0.00
A-2 76110FJS3 15,683,000.00 11,327,682.34 7.500000 % 507,261.42
A-3 76110FJT1 18,746,000.00 18,746,000.00 7.500000 % 0.00
A-4 76110FJU8 2,046,000.00 2,046,000.00 7.500000 % 0.00
A-5 76110FJV6 21,277,000.00 19,205,952.29 7.500000 % 81,093.31
A-6 76110FJW4 164,986.80 76,223.15 0.000000 % 409.92
A-7-1 0.00 0.00 0.839606 % 0.00
A-7-2 0.00 0.00 0.302945 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,399,198.69 7.500000 % 10,130.14
M-2 76110FKA0 1,061,700.00 959,625.24 7.500000 % 4,051.83
M-3 76110FKB8 690,100.00 623,751.89 7.500000 % 2,633.67
B-1 371,600.00 335,873.34 7.500000 % 1,418.16
B-2 159,300.00 143,984.45 7.500000 % 607.95
B-3 372,446.48 329,753.09 7.500000 % 1,392.30
- -------------------------------------------------------------------------------
106,172,633.28 56,194,044.48 608,998.70
===============================================================================
_______________________________________________________________________________
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 70,730.18 577,991.60 0.00 0.00 10,820,420.92
A-3 117,050.25 117,050.25 0.00 0.00 18,746,000.00
A-4 12,775.25 12,775.25 0.00 0.00 2,046,000.00
A-5 119,922.20 201,015.51 0.00 0.00 19,124,858.98
A-6 0.00 409.92 0.00 0.00 75,813.23
A-7-1 33,061.23 33,061.23 0.00 0.00 0.00
A-7-2 2,243.74 2,243.74 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 14,980.62 25,110.76 0.00 0.00 2,389,068.55
M-2 5,991.91 10,043.74 0.00 0.00 955,573.41
M-3 3,894.72 6,528.39 0.00 0.00 621,118.22
B-1 2,097.20 3,515.36 0.00 0.00 334,455.18
B-2 899.04 1,506.99 0.00 0.00 143,376.50
B-3 2,058.99 3,451.29 0.00 0.00 328,360.79
- -------------------------------------------------------------------------------
385,705.33 994,704.03 0.00 0.00 55,585,045.78
===============================================================================
_______________________________________________________________________________
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-2 722.290527 32.344667 4.509990 36.854657 0.000000 689.945860
A-3 1000.000000 0.000000 6.244012 6.244012 0.000000 1000.000000
A-4 1000.000000 0.000000 6.244013 6.244013 0.000000 1000.000000
A-5 902.662607 3.811313 5.636236 9.447549 0.000000 898.851294
A-6 461.995444 2.484562 0.000000 2.484562 0.000000 459.510882
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-1 903.857252 3.816358 5.643693 9.460051 0.000000 900.040894
M-2 903.857248 3.816361 5.643694 9.460055 0.000000 900.040887
M-3 903.857253 3.816360 5.643704 9.460064 0.000000 900.040893
B-1 903.857212 3.816362 5.643703 9.460065 0.000000 900.040850
B-2 903.857188 3.816384 5.643691 9.460075 0.000000 900.040804
B-3 885.370403 3.738309 5.528284 9.266593 0.000000 881.632148
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:51 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,699.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,004.57
SUBSERVICER ADVANCES THIS MONTH 15,622.49
MASTER SERVICER ADVANCES THIS MONTH 381.11
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 932,844.86
(B) TWO MONTHLY PAYMENTS: 1 36,447.60
(C) THREE OR MORE MONTHLY PAYMENTS: 9 407,768.06
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 34,381.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 55,585,045.78
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 863
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 35,039.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 371,707.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.46049050 % 7.09681100 % 1.44269830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.40331720 % 7.13458112 % 1.45235740 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 613,151.00
SPECIAL HAZARD AMOUNT AVAILABLE 733,321.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.57116932
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 141.15
POOL TRADING FACTOR: 52.35345876
................................................................................
Run: 12/23/99 08:33:54 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 5,072,088.32 7.595008 % 103,283.25
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 5,072,088.32 103,283.25
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 31,910.84 135,194.09 0.00 0.00 4,968,805.07
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
31,910.84 135,194.09 0.00 0.00 4,968,805.07
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 203.417821 4.142210 1.279795 5.422005 0.000000 199.275611
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:54 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 1,575.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 206.93
SUBSERVICER ADVANCES THIS MONTH 2,759.63
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 379,379.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 4,968,805.04
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 34
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 99,145.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000060 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000060 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.03878100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.77
POOL TRADING FACTOR: 19.92756096
................................................................................
Run: 12/23/99 08:33:55 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2(POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3333
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 30,798,565.76 4,273,448.16 8.094279 % 4,564.33
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 4,273,448.16 4,564.33
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 28,816.84 33,381.17 0.00 0.00 4,268,883.83
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
28,816.84 33,381.17 0.00 0.00 4,268,883.83
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 138.754778 0.148199 0.935655 1.083854 0.000000 138.606579
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:55 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 1,335.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 186.61
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 4,268,883.77
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 30
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,153.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000140 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000140 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 0.9209 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.51909400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.63
POOL TRADING FACTOR: 13.86065768
................................................................................
Run: 12/23/99 08:31:53 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7(POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4255
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKC6 82,491,000.00 11,150,695.73 7.500000 % 1,685,440.99
A-2 76110FKD4 20,984,000.00 0.00 7.500000 % 0.00
A-3 76110FKE2 11,000,000.00 11,000,000.00 7.500000 % 0.00
A-4 76110FKF9 4,000,000.00 4,000,000.00 7.500000 % 0.00
A-5 76110FKG7 17,500,000.00 17,500,000.00 7.750000 % 0.00
A-6 76110FKH5 17,500,000.00 17,500,000.00 7.250000 % 0.00
A-7 76110FKJ1 21,925,000.00 8,735,813.63 9.500000 % 240,777.28
A-8 76110FKP7 156,262.27 39,107.70 0.000000 % 36.76
A-9-1 0.00 0.00 0.841889 % 0.00
A-9-2 0.00 0.00 0.510328 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,477,887.01 7.750000 % 5,231.28
M-2 76110FKM4 3,827,000.00 3,701,787.89 7.750000 % 2,989.42
M-3 76110FKN2 2,870,200.00 2,776,292.58 7.750000 % 2,242.02
B-1 1,052,400.00 1,017,967.50 7.750000 % 822.07
B-2 478,400.00 462,747.66 7.750000 % 373.70
B-3 861,188.35 758,372.59 7.750000 % 612.43
- -------------------------------------------------------------------------------
191,342,550.62 85,120,672.29 1,938,525.95
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 69,659.05 1,755,100.04 0.00 0.00 9,465,254.74
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,717.64 68,717.64 0.00 0.00 11,000,000.00
A-4 24,988.23 24,988.23 0.00 0.00 4,000,000.00
A-5 112,967.63 112,967.63 0.00 0.00 17,500,000.00
A-6 105,679.40 105,679.40 0.00 0.00 17,500,000.00
A-7 69,125.97 309,903.25 0.00 0.00 8,495,036.35
A-8 0.00 36.76 0.00 0.00 39,070.94
A-9-1 49,891.71 49,891.71 0.00 0.00 0.00
A-9-2 5,939.66 5,939.66 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 41,816.66 47,047.94 0.00 0.00 6,472,655.73
M-2 23,896.13 26,885.55 0.00 0.00 3,698,798.47
M-3 17,921.78 20,163.80 0.00 0.00 2,774,050.56
B-1 6,571.28 7,393.35 0.00 0.00 1,017,145.43
B-2 2,987.17 3,360.87 0.00 0.00 462,373.96
B-3 4,895.51 5,507.94 0.00 0.00 757,760.16
- -------------------------------------------------------------------------------
605,057.82 2,543,583.77 0.00 0.00 83,182,146.34
===============================================================================
Run: 12/23/99 08:31:53
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7(POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4255
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 135.174695 20.431817 0.844444 21.276261 0.000000 114.742878
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.247058 6.247058 0.000000 1000.000000
A-4 1000.000000 0.000000 6.247058 6.247058 0.000000 1000.000000
A-5 1000.000000 0.000000 6.455293 6.455293 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038823 6.038823 0.000000 1000.000000
A-7 398.440758 10.981860 3.152838 14.134698 0.000000 387.458899
A-8 250.269627 0.235246 0.000000 0.235246 0.000000 250.034381
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-1 967.281919 0.781138 6.244088 7.025226 0.000000 966.500781
M-2 967.281915 0.781139 6.244089 7.025228 0.000000 966.500776
M-3 967.281925 0.781137 6.244088 7.025225 0.000000 966.500787
B-1 967.281927 0.781138 6.244090 7.025228 0.000000 966.500789
B-2 967.281898 0.781145 6.244084 7.025229 0.000000 966.500753
B-3 880.611762 0.711145 5.684598 6.395743 0.000000 879.900616
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:53 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7 (POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4255
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,427.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 33,503.83
MASTER SERVICER ADVANCES THIS MONTH 3,615.40
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 2,039,966.22
(B) TWO MONTHLY PAYMENTS: 7 862,039.94
(C) THREE OR MORE MONTHLY PAYMENTS: 7 453,673.98
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 865,936.75
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 83,182,146.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 910
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 469,854.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,869,782.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.14060200 % 15.22770200 % 2.63169560 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.73896720 % 15.56284050 % 2.69087900 %
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 8.86089554
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.35
POOL TRADING FACTOR: 43.47289511
................................................................................
Run: 12/23/99 08:31:54 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8(POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4256
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKU6 13,399,900.00 0.00 7.000000 % 0.00
A-2 76110FKV4 20,850,000.00 0.00 7.000000 % 0.00
A-3 76110FKW2 16,320,750.00 2,670,507.28 10.000000 % 194,806.18
A-4 76110FKX0 19,700,543.00 0.00 7.000000 % 0.00
A-5 76110FKY8 21,419,142.00 989,609.29 7.150000 % 989,609.29
A-6 76110FKZ5 6,323,320.00 6,323,320.00 7.250000 % 562,608.79
A-7 76110FLA9 16,496,308.00 16,496,308.00 7.250000 % 0.00
A-8 76110FLB7 25,998,036.00 6,948,538.29 7.500000 % 426,022.36
A-9 76110FLC5 5,000,001.00 5,000,001.00 7.375000 % 0.00
A-10 76110FLD3 54,507,000.00 54,507,000.00 7.500000 % 0.00
A-11 76110FLE1 26,409.16 10,265.53 0.000000 % 10.50
A-12-1 0.00 0.00 0.947514 % 0.00
A-12-2 0.00 0.00 0.666682 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,459,822.14 7.500000 % 5,954.07
M-2 76110FLJ0 4,361,000.00 4,263,174.45 7.500000 % 3,402.66
M-3 76110FLK7 3,270,500.00 3,197,136.48 7.500000 % 2,551.80
B-1 1,199,000.00 1,172,104.14 7.500000 % 935.52
B-2 545,000.00 532,774.65 7.500000 % 425.24
B-3 981,461.72 819,476.66 7.500000 % 654.07
- -------------------------------------------------------------------------------
218,029,470.88 110,390,037.91 2,186,980.48
===============================================================================
_______________________________________________________________________________
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 22,247.93 217,054.11 0.00 0.00 2,475,701.10
A-4 0.00 0.00 0.00 0.00 0.00
A-5 5,894.75 995,504.04 0.00 0.00 0.00
A-6 38,192.57 600,801.36 0.00 0.00 5,760,711.21
A-7 99,636.96 99,636.96 0.00 0.00 16,496,308.00
A-8 43,416.06 469,438.42 0.00 0.00 6,522,515.93
A-9 30,720.47 30,720.47 0.00 0.00 5,000,001.00
A-10 340,572.25 340,572.25 0.00 0.00 54,507,000.00
A-11 0.00 10.50 0.00 0.00 10,255.03
A-12-1 67,501.07 67,501.07 0.00 0.00 0.00
A-12-2 13,817.29 13,817.29 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,610.68 52,564.75 0.00 0.00 7,453,868.07
M-2 26,637.29 30,039.95 0.00 0.00 4,259,771.79
M-3 19,976.44 22,528.24 0.00 0.00 3,194,584.68
B-1 7,323.57 8,259.09 0.00 0.00 1,171,168.62
B-2 3,328.90 3,754.14 0.00 0.00 532,349.41
B-3 5,120.28 5,774.35 0.00 0.00 818,822.59
- -------------------------------------------------------------------------------
770,996.51 2,957,976.99 0.00 0.00 108,203,057.43
===============================================================================
Run: 12/23/99 08:31:54
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8(POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4256
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 163.626505 11.936105 1.363168 13.299273 0.000000 151.690400
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 46.202098 46.202098 0.275209 46.477307 0.000000 0.000000
A-6 1000.000000 88.973639 6.039955 95.013594 0.000000 911.026361
A-7 1000.000000 0.000000 6.039955 6.039955 0.000000 1000.000000
A-8 267.271662 16.386713 1.669975 18.056688 0.000000 250.884949
A-9 1000.000000 0.000000 6.144093 6.144093 0.000000 1000.000000
A-10 1000.000000 0.000000 6.248230 6.248230 0.000000 1000.000000
A-11 388.710962 0.397589 0.000000 0.397589 0.000000 388.313373
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-1 977.568096 0.780248 6.108070 6.888318 0.000000 976.787848
M-2 977.568092 0.780248 6.108069 6.888317 0.000000 976.787845
M-3 977.568103 0.780248 6.108069 6.888317 0.000000 976.787855
B-1 977.568090 0.780250 6.108065 6.888315 0.000000 976.787840
B-2 977.568165 0.780257 6.108073 6.888330 0.000000 976.787908
B-3 834.955295 0.666424 5.216994 5.883418 0.000000 834.288870
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:54 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8 (POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4256
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,732.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 33,431.98
MASTER SERVICER ADVANCES THIS MONTH 686.88
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,859,801.44
(B) TWO MONTHLY PAYMENTS: 6 723,338.11
(C) THREE OR MORE MONTHLY PAYMENTS: 5 503,860.68
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 185,750.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 108,203,057.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,089
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 85,079.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,098,871.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.19593720 % 13.51709000 % 2.28697290 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 83.88934870 % 13.77800673 % 2.33133870 %
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 8.71434591
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.95
POOL TRADING FACTOR: 49.62772097
................................................................................
Run: 12/23/99 08:31:56 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLL5 53,750,000.00 0.00 6.750000 % 0.00
A-2 76110FLM3 17,420,000.00 0.00 6.750000 % 0.00
A-3 76110FLN1 22,971,538.00 3,238,788.29 10.000000 % 195,082.15
A-4 76110FLP6 38,010,000.00 649,874.02 6.750000 % 649,874.02
A-5 76110FLQ4 17,163,462.00 17,163,462.00 6.750000 % 423,077.84
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 1.039429 % 0.00
A-9-2 0.00 0.00 0.718567 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,954,344.05 7.250000 % 6,443.71
M-2 76110FLX9 5,420,000.00 5,302,896.01 7.250000 % 4,295.81
M-3 76110FLY2 4,065,000.00 3,977,172.00 7.250000 % 3,221.86
B-1 1,490,500.00 1,458,296.37 7.250000 % 1,181.35
B-2 677,500.00 662,862.01 7.250000 % 536.98
B-3 1,219,925.82 1,167,639.34 7.250000 % 945.87
- -------------------------------------------------------------------------------
271,005,025.82 142,262,334.09 1,284,659.59
===============================================================================
_______________________________________________________________________________
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 26,979.19 222,061.34 0.00 0.00 3,043,706.14
A-4 3,654.09 653,528.11 0.00 0.00 0.00
A-5 96,506.17 519,584.01 0.00 0.00 16,740,384.16
A-6 181,039.20 181,039.20 0.00 0.00 29,977,000.00
A-7 97,020.88 97,020.88 0.00 0.00 16,065,000.00
A-8 330,015.91 330,015.91 0.00 0.00 54,645,000.00
A-9-1 105,647.74 105,647.74 0.00 0.00 0.00
A-9-2 12,118.45 12,118.45 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,038.44 54,482.15 0.00 0.00 7,947,900.34
M-2 32,025.62 36,321.43 0.00 0.00 5,298,600.20
M-3 24,019.22 27,241.08 0.00 0.00 3,973,950.14
B-1 8,807.04 9,988.39 0.00 0.00 1,457,115.02
B-2 4,003.20 4,540.18 0.00 0.00 662,325.03
B-3 7,051.69 7,997.56 0.00 0.00 1,166,693.47
- -------------------------------------------------------------------------------
976,926.84 2,261,586.43 0.00 0.00 140,977,674.50
===============================================================================
Run: 12/23/99 08:31:56
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 140.991356 8.492342 1.174462 9.666804 0.000000 132.499014
A-4 17.097449 17.097449 0.096135 17.193584 0.000000 0.000000
A-5 1000.000000 24.649913 5.622768 30.272681 0.000000 975.350087
A-6 1000.000000 0.000000 6.039270 6.039270 0.000000 1000.000000
A-7 1000.000000 0.000000 6.039270 6.039270 0.000000 1000.000000
A-8 1000.000000 0.000000 6.039270 6.039270 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-1 978.394102 0.792584 5.908787 6.701371 0.000000 977.601518
M-2 978.394098 0.792585 5.908786 6.701371 0.000000 977.601513
M-3 978.394096 0.792585 5.908787 6.701372 0.000000 977.601511
B-1 978.394076 0.792586 5.908782 6.701368 0.000000 977.601489
B-2 978.394111 0.792590 5.908782 6.701372 0.000000 977.601520
B-3 957.139623 0.775350 5.780425 6.555775 0.000000 956.364274
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:57 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9 (POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4263
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 32,535.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,330.05
SUBSERVICER ADVANCES THIS MONTH 38,693.57
MASTER SERVICER ADVANCES THIS MONTH 1,958.66
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 3,430,907.96
(B) TWO MONTHLY PAYMENTS: 2 300,671.25
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,066,434.01
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 260,794.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 140,977,674.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,504
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 249,742.96
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,169,414.73
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.57368690 % 12.11452900 % 2.31178390 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.45402010 % 12.21501968 % 2.33096020 %
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 8.59939912
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.25
POOL TRADING FACTOR: 52.02031736
................................................................................
Run: 12/23/99 08:31:57 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10(POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4264
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFMN0 199,969,492.00 59,796,195.52 7.250000 % 3,383,520.05
A-2 76110FMP5 10,000,000.00 10,000,000.00 7.250000 % 0.00
A-3 7611OFMQ3 25,143,000.00 25,143,000.00 7.250000 % 0.00
A-4 7611OFMR1 64,916,508.00 63,127,477.18 7.250000 % 50,776.11
A-5 7611OFMS9 76,250.57 57,780.37 0.000000 % 97.11
A-6-1 0.00 0.00 1.004288 % 0.00
A-6-2 0.00 0.00 0.673456 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,347,151.32 7.250000 % 8,322.65
M-2 7611OFMW0 6,524,000.00 6,367,177.45 7.250000 % 5,121.39
M-3 7611OFMX8 4,893,000.00 4,775,383.05 7.250000 % 3,841.04
B-1 7611OFMY6 1,794,000.00 1,750,876.19 7.250000 % 1,408.30
B-2 7611OFMZ3 816,000.00 796,385.15 7.250000 % 640.57
B-3 7611OFNA7 1,468,094.11 1,309,070.34 7.250000 % 1,052.95
- -------------------------------------------------------------------------------
326,202,444.68 183,470,496.57 3,454,780.17
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 361,119.33 3,744,639.38 0.00 0.00 56,412,675.47
A-2 60,391.69 60,391.69 0.00 0.00 10,000,000.00
A-3 151,842.83 151,842.83 0.00 0.00 25,143,000.00
A-4 381,237.50 432,013.61 0.00 0.00 63,076,701.07
A-5 0.00 97.11 0.00 0.00 57,683.26
A-6-1 122,074.25 122,074.25 0.00 0.00 0.00
A-6-2 21,062.88 21,062.88 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,488.20 70,810.85 0.00 0.00 10,338,828.67
M-2 38,452.46 43,573.85 0.00 0.00 6,362,056.06
M-3 28,839.34 32,680.38 0.00 0.00 4,771,542.01
B-1 10,573.84 11,982.14 0.00 0.00 1,749,467.89
B-2 4,809.50 5,450.07 0.00 0.00 795,744.58
B-3 7,905.70 8,958.65 0.00 0.00 1,308,017.39
- -------------------------------------------------------------------------------
1,250,797.52 4,705,577.69 0.00 0.00 180,015,716.40
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 299.026591 16.920181 1.805872 18.726053 0.000000 282.106410
A-2 1000.000000 0.000000 6.039169 6.039169 0.000000 1000.000000
A-3 1000.000000 0.000000 6.039169 6.039169 0.000000 1000.000000
A-4 972.441050 0.782176 5.872736 6.654912 0.000000 971.658874
A-5 757.769680 1.273564 0.000000 1.273564 0.000000 756.496115
A-6-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 975.962207 0.785008 5.894001 6.679009 0.000000 975.177200
M-2 975.962209 0.785008 5.894001 6.679009 0.000000 975.177201
M-3 975.962201 0.785007 5.894000 6.679007 0.000000 975.177194
B-1 975.962202 0.785006 5.894002 6.679008 0.000000 975.177196
B-2 975.962194 0.785012 5.893995 6.679007 0.000000 975.177181
B-3 891.680125 0.717216 5.385009 6.102225 0.000000 890.962903
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:57 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10 (POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4264
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 38,097.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,959.80
SUBSERVICER ADVANCES THIS MONTH 53,067.22
MASTER SERVICER ADVANCES THIS MONTH 1,530.13
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 3,955,393.76
(B) TWO MONTHLY PAYMENTS: 10 726,041.69
(C) THREE OR MORE MONTHLY PAYMENTS: 6 483,447.93
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,762,069.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 180,015,716.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,787
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 201,290.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,307,197.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.18086900 % 11.71658800 % 2.10254320 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.92690960 % 11.92808449 % 2.14118250 %
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 8.51672861
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.80
POOL TRADING FACTOR: 55.18527508
................................................................................
Run: 12/23/99 08:31:58 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFLZ4 99,650,000.00 57,911,877.65 7.000000 % 766,562.65
A-2 7611OFMD2 43,142.76 23,803.83 0.000000 % 198.08
A-3-1 0.00 0.00 1.081469 % 0.00
A-3-2 0.00 0.00 0.626695 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,786,645.91 7.000000 % 11,564.48
M-2 7611OFMH3 892,000.00 816,854.45 7.000000 % 3,389.92
M-3 7611OFMJ9 419,700.00 384,342.85 7.000000 % 1,595.01
B-1 7611OFMK6 367,000.00 336,082.50 7.000000 % 1,394.73
B-2 7611OFML4 262,400.00 240,294.37 7.000000 % 997.21
B-3 7611OFMM2 263,388.53 241,199.67 7.000000 % 1,000.97
- -------------------------------------------------------------------------------
104,940,731.29 62,741,101.23 786,703.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 337,354.45 1,103,917.10 0.00 0.00 57,145,315.00
A-2 0.00 198.08 0.00 0.00 23,605.75
A-3-1 44,785.00 44,785.00 0.00 0.00 0.00
A-3-2 6,768.96 6,768.96 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,233.06 27,797.54 0.00 0.00 2,775,081.43
M-2 4,758.42 8,148.34 0.00 0.00 813,464.53
M-3 2,238.91 3,833.92 0.00 0.00 382,747.84
B-1 1,957.78 3,352.51 0.00 0.00 334,687.77
B-2 1,399.79 2,397.00 0.00 0.00 239,297.16
B-3 1,405.06 2,406.03 0.00 0.00 240,198.70
- -------------------------------------------------------------------------------
416,901.43 1,203,604.48 0.00 0.00 61,954,398.18
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 581.152811 7.692550 3.385393 11.077943 0.000000 573.460261
A-2 551.745646 4.591269 0.000000 4.591269 0.000000 547.154378
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-1 915.756132 3.800355 5.334558 9.134913 0.000000 911.955777
M-2 915.756110 3.800359 5.334552 9.134911 0.000000 911.955751
M-3 915.756135 3.800357 5.334548 9.134905 0.000000 911.955778
B-1 915.756131 3.800354 5.334550 9.134904 0.000000 911.955777
B-2 915.755983 3.800343 5.334566 9.134909 0.000000 911.955640
B-3 915.756164 3.800355 5.334553 9.134908 0.000000 911.955809
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:31:58 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 13,019.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,999.47
SUBSERVICER ADVANCES THIS MONTH 20,200.31
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 1,511,266.65
(B) TWO MONTHLY PAYMENTS: 1 343,881.61
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 84,754.21
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 61,954,398.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 787
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 526,269.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.33796740 % 6.35844200 % 1.30359020 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.27286260 % 6.41002724 % 1.31466690 %
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 8.31260135
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 145.58
POOL TRADING FACTOR: 59.03751329
................................................................................
Run: 12/23/99 08:32:00 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNB5 57,575,000.00 0.00 7.000000 % 0.00
A-2 76110FNC3 22,405,757.00 6,282,501.76 9.000000 % 302,854.33
A-3 76110FND1 62,824,125.00 7,536,338.43 7.000000 % 2,119,980.28
A-4 76110FNE9 24,294,118.00 24,294,118.00 6.875000 % 0.00
A-5 76110FNF6 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-6 76110FNG4 22,583,041.00 22,583,041.00 7.250000 % 0.00
A-7 76110FNR0 59,318,800.00 57,844,765.60 7.250000 % 46,995.21
A-8-1 0.00 0.00 0.931343 % 0.00
A-8-2 0.00 0.00 0.733903 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,220,937.18 7.250000 % 8,303.86
M-2 76110FNL3 4,471,600.00 4,380,457.64 7.250000 % 3,558.84
M-3 76110FNM1 4,471,500.00 4,380,359.67 7.250000 % 3,558.76
B-1 76110FNN9 1,639,600.00 1,607,341.64 7.250000 % 1,305.86
B-2 76110FNP4 745,200.00 731,073.80 7.250000 % 593.95
B-3 76110FNQ2 1,341,561.05 1,050,284.54 7.250000 % 853.31
- -------------------------------------------------------------------------------
298,104,002.05 166,911,219.26 2,488,004.40
===============================================================================
_______________________________________________________________________________
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 47,101.13 349,955.46 0.00 0.00 5,979,647.43
A-3 43,945.52 2,163,925.80 0.00 0.00 5,416,358.15
A-4 139,132.98 139,132.98 0.00 0.00 24,294,118.00
A-5 157,024.56 157,024.56 0.00 0.00 26,000,000.00
A-6 136,388.16 136,388.16 0.00 0.00 22,583,041.00
A-7 349,348.04 396,343.25 0.00 0.00 57,797,770.39
A-8-1 107,711.08 107,711.08 0.00 0.00 0.00
A-8-2 17,165.50 17,165.50 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,728.40 70,032.26 0.00 0.00 10,212,633.32
M-2 26,455.36 30,014.20 0.00 0.00 4,376,898.80
M-3 26,454.77 30,013.53 0.00 0.00 4,376,800.91
B-1 9,707.39 11,013.25 0.00 0.00 1,606,035.78
B-2 4,415.25 5,009.20 0.00 0.00 730,479.85
B-3 6,343.10 7,196.41 0.00 0.00 1,049,431.23
- -------------------------------------------------------------------------------
1,132,921.24 3,620,925.64 0.00 0.00 164,423,214.86
===============================================================================
Run: 12/23/99 08:32:00
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 280.396764 13.516808 2.102189 15.618997 0.000000 266.879956
A-3 119.959306 33.744685 0.699501 34.444186 0.000000 86.214621
A-4 1000.000000 0.000000 5.727023 5.727023 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039406 6.039406 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039406 6.039406 0.000000 1000.000000
A-7 975.150637 0.792248 5.889331 6.681579 0.000000 974.358389
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-1 979.617503 0.795877 5.916309 6.712186 0.000000 978.821626
M-2 979.617506 0.795876 5.916307 6.712183 0.000000 978.821630
M-3 979.617504 0.795876 5.916308 6.712184 0.000000 978.821628
B-1 980.325470 0.796450 5.920584 6.717034 0.000000 979.529019
B-2 981.043747 0.797034 5.924919 6.721953 0.000000 980.246712
B-3 782.882404 0.636043 4.728149 5.364192 0.000000 782.246343
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:01 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 34,403.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,016.95
SUBSERVICER ADVANCES THIS MONTH 35,955.76
MASTER SERVICER ADVANCES THIS MONTH 2,523.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,885,698.35
(B) TWO MONTHLY PAYMENTS: 2 283,646.86
(C) THREE OR MORE MONTHLY PAYMENTS: 6 482,748.87
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,103,031.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 164,423,214.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,690
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 332,587.61
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,352,399.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.59739320 % 11.37236600 % 2.03024100 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.40564230 % 11.53507006 % 2.05928760 %
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 8.47801109
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.07
POOL TRADING FACTOR: 55.15632589
................................................................................
Run: 12/23/99 08:30:14 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR3(POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3359
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 25,117,531.34 5,193,812.25 7.671585 % 150,087.38
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 5,193,812.25 150,087.38
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 32,699.60 182,786.98 0.00 0.00 5,043,724.87
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
32,699.60 182,786.98 0.00 0.00 5,043,724.87
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 206.780363 5.975403 1.301864 7.277267 0.000000 200.804960
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:30:14 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 1,584.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 249.78
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 314.66
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 5,043,724.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 42
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 44,009.96
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 145,893.12
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 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 8.09290111
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.72
POOL TRADING FACTOR: 20.08049598
................................................................................
Run: 12/23/99 08:32:03 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 14,176,457.10 7.250000 % 355,673.52
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 26,162,818.49 7.250000 % 931,887.60
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 61,658,376.04 7.250000 % 58,335.99
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 37,730,375.71 7.000000 % 946,618.43
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 58,054,711.80 0.000000 % 872,297.04
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 4.859600 % 0.00
A-14 76110FPF4 0.00 0.00 9.640400 % 0.00
A-15 76110FPG2 26,249,000.00 11,813,639.22 7.000000 % 296,392.72
A-16 76110FPH0 2,386,273.00 1,073,967.34 10.000000 % 26,944.80
A-17 76110FPJ6 139,012.74 127,171.69 0.000000 % 657.42
A-18-1 0.00 0.00 0.909930 % 0.00
A-18-2 0.00 0.00 0.623931 % 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 15,937,299.03 7.250000 % 15,078.54
M-2 76110FPP2 5,422,000.00 5,312,106.43 7.250000 % 5,025.87
M-3 76110FPQ0 6,507,000.00 6,375,115.56 7.250000 % 6,031.60
B-1 76110FPR8 2,386,000.00 2,337,640.34 7.250000 % 2,211.68
B-2 76110FPS6 1,085,000.00 1,063,009.13 7.250000 % 1,005.73
B-3 76110FPT4 1,952,210.06 1,809,551.64 7.250000 % 1,712.06
- -------------------------------------------------------------------------------
433,792,422.80 265,111,654.52 3,519,873.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 85,627.42 441,300.94 0.00 0.00 13,820,783.58
A-2 0.00 0.00 0.00 0.00 0.00
A-3 158,026.41 1,089,914.01 0.00 0.00 25,230,930.89
A-4 40,740.57 40,740.57 0.00 0.00 6,745,000.00
A-5 25,582.39 25,582.39 0.00 0.00 4,235,415.00
A-6 63,415.16 63,415.16 0.00 0.00 10,499,000.00
A-7 372,423.63 430,759.62 0.00 0.00 61,600,040.05
A-8 0.00 0.00 0.00 0.00 0.00
A-9 220,037.30 1,166,655.73 0.00 0.00 36,783,757.28
A-10 7,858.47 7,858.47 0.00 0.00 0.00
A-11 0.00 872,297.04 0.00 0.00 57,182,414.76
A-12 175,328.54 175,328.54 0.00 0.00 0.00
A-13 58,760.46 58,760.46 0.00 0.00 0.00
A-14 116,568.09 116,568.09 0.00 0.00 0.00
A-15 68,895.19 365,287.91 0.00 0.00 11,517,246.50
A-16 8,947.43 35,892.23 0.00 0.00 1,047,022.54
A-17 0.00 657.42 0.00 0.00 126,514.27
A-18-1 153,505.91 153,505.91 0.00 0.00 0.00
A-18-2 32,549.78 32,549.78 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 96,263.10 111,341.64 0.00 0.00 15,922,220.49
M-2 32,085.73 37,111.60 0.00 0.00 5,307,080.56
M-3 38,506.42 44,538.02 0.00 0.00 6,369,083.96
B-1 14,119.61 16,331.29 0.00 0.00 2,335,428.66
B-2 6,420.70 7,426.43 0.00 0.00 1,062,003.40
B-3 10,929.90 12,641.96 0.00 0.00 1,807,839.58
- -------------------------------------------------------------------------------
1,786,592.21 5,306,465.21 0.00 0.00 261,591,781.52
===============================================================================
Run: 12/23/99 08:32:03
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-1 450.060545 11.291581 2.718417 14.009998 0.000000 438.768964
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 641.261268 22.840942 3.873291 26.714233 0.000000 618.420326
A-4 1000.000000 0.000000 6.040114 6.040114 0.000000 1000.000000
A-5 1000.000000 0.000000 6.040114 6.040114 0.000000 1000.000000
A-6 1000.000000 0.000000 6.040114 6.040114 0.000000 1000.000000
A-7 978.719917 0.925983 5.911580 6.837563 0.000000 977.793934
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 552.106055 13.851804 3.219791 17.071595 0.000000 538.254251
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 580.324784 8.719630 0.000000 8.719630 0.000000 571.605154
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-15 450.060544 11.291581 2.624679 13.916260 0.000000 438.768963
A-16 450.060550 11.291581 3.749542 15.041123 0.000000 438.768969
A-17 914.820397 4.729207 0.000000 4.729207 0.000000 910.091190
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-1 979.731913 0.926940 5.917692 6.844632 0.000000 978.804973
M-2 979.731913 0.926940 5.917693 6.844633 0.000000 978.804972
M-3 979.731913 0.926940 5.917692 6.844632 0.000000 978.804973
B-1 979.731911 0.926940 5.917691 6.844631 0.000000 978.804971
B-2 979.731917 0.926940 5.917696 6.844636 0.000000 978.804977
B-3 926.924657 0.876965 5.598732 6.475697 0.000000 926.047673
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:03 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS13 (POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4277
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 54,798.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,006.20
MASTER SERVICER ADVANCES THIS MONTH 996.35
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 3,286,268.04
(B) TWO MONTHLY PAYMENTS: 10 940,229.71
(C) THREE OR MORE MONTHLY PAYMENTS: 8 671,228.73
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 739,502.82
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 261,591,781.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,458
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 129,874.09
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,269,045.10
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 35,363.12
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.60881320 % 10.42495800 % 1.96622880 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.45391420 % 10.55017281 % 1.99080810 %
BANKRUPTCY AMOUNT AVAILABLE 262,848.00
FRAUD AMOUNT AVAILABLE 7,065,187.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,532,593.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.36877833
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.22
POOL TRADING FACTOR: 60.30344648
................................................................................
Run: 12/23/99 08:32:05 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 5,749,647.15 7.000000 % 1,144,442.76
A-2 76110FPV9 117,395,000.00 53,313,040.96 7.000000 % 1,252,009.22
A-3 76110FPW7 51,380,000.00 51,380,000.00 7.000000 % 0.00
A-4 76110FPX5 1,862,000.00 1,862,000.00 7.000000 % 0.00
A-5 76110FPY3 65,040,000.00 65,040,000.00 7.000000 % 0.00
A-6-1 0.00 0.00 1.119371 % 0.00
A-6-2 0.00 0.00 0.918941 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,154,477.36 7.000000 % 9,180.82
M-2 76110FQD8 4,054,000.00 3,986,817.83 7.000000 % 3,281.40
M-3 76110FQE6 4,865,000.00 4,795,508.61 7.000000 % 3,947.00
B-1 76110FQF3 1,783,800.00 1,758,565.38 7.000000 % 0.00
B-2 76110FQG1 810,800.00 799,329.98 7.000000 % 0.00
B-3 76110FQH9 1,459,579.11 1,388,977.22 7.000000 % 0.00
- -------------------------------------------------------------------------------
324,327,779.11 201,228,364.49 2,412,861.20
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 33,527.84 1,177,970.60 0.00 0.00 4,605,204.39
A-2 310,883.57 1,562,892.79 0.00 0.00 52,061,031.74
A-3 299,611.46 299,611.46 0.00 0.00 51,380,000.00
A-4 10,857.86 10,857.86 0.00 0.00 1,862,000.00
A-5 379,266.82 379,266.82 0.00 0.00 65,040,000.00
A-6-1 146,638.24 146,638.24 0.00 0.00 0.00
A-6-2 33,661.62 33,661.62 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,044.94 74,225.76 0.00 0.00 11,145,296.54
M-2 23,248.28 26,529.68 0.00 0.00 3,983,536.43
M-3 27,963.98 31,910.98 0.00 0.00 4,791,561.61
B-1 26,263.84 26,263.84 0.00 0.00 1,758,565.38
B-2 0.00 0.00 0.00 0.00 799,329.98
B-3 0.00 0.00 0.00 0.00 1,376,809.23
- -------------------------------------------------------------------------------
1,356,968.45 3,769,829.65 0.00 0.00 198,803,335.30
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 89.382942 17.791294 0.521218 18.312512 0.000000 71.591649
A-2 454.133830 10.664928 2.648184 13.313112 0.000000 443.468902
A-3 1000.000000 0.000000 5.831286 5.831286 0.000000 1000.000000
A-4 1000.000000 0.000000 5.831289 5.831289 0.000000 1000.000000
A-5 1000.000000 0.000000 5.831286 5.831286 0.000000 1000.000000
A-6-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 982.643471 0.808776 5.730074 6.538850 0.000000 981.834695
M-2 983.428177 0.809423 5.734652 6.544075 0.000000 982.618754
M-3 985.716055 0.811305 5.747992 6.559297 0.000000 984.904750
B-1 985.853448 0.000000 14.723534 14.723534 0.000000 985.853448
B-2 985.853453 0.000000 0.000000 0.000000 0.000000 985.853453
B-3 951.628597 0.000000 0.000000 0.000000 0.000000 943.291954
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:05 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS1 (POOL # 4281)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4281
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 41,682.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 55,664.95
MASTER SERVICER ADVANCES THIS MONTH 1,707.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 4,540,590.29
(B) TWO MONTHLY PAYMENTS: 7 424,063.08
(C) THREE OR MORE MONTHLY PAYMENTS: 9 804,408.27
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,547,139.67
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 198,803,335.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,864
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 236,655.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,209,745.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.13105870 % 9.90755100 % 1.96138980 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.00065440 % 10.02015110 % 1.97919450 %
BANKRUPTCY AMOUNT AVAILABLE 217,609.00
FRAUD AMOUNT AVAILABLE 2,610,096.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,096.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.35508064
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.74
POOL TRADING FACTOR: 61.29704210
................................................................................
Run: 12/23/99 08:32:07 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2(POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4284
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FQJ5 20,000,000.00 7,244,242.62 6.750000 % 226,971.86
A-2 76110FQK2 158,282,400.00 57,331,805.36 6.500000 % 1,796,282.56
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 19,023,926.35 6.189900 % 353,470.09
A-5 76110FQN6 0.00 0.00 2.835875 % 0.00
A-6 76110FQP1 13,504,750.00 6,537,555.32 6.089900 % 123,972.03
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 129,494.12 0.000000 % 162.25
A-9-1 0.00 0.00 1.049487 % 0.00
A-9-2 0.00 0.00 0.725975 % 0.00
R-I 76110FQT3 100.00 0.00 7.000000 % 0.00
R-II 76110FQU0 100.00 0.00 7.000000 % 0.00
M-1 76110FQV8 17,350,800.00 17,056,554.70 7.000000 % 19,928.25
M-2 76110FQW6 5,422,000.00 5,330,050.47 7.000000 % 6,227.44
M-3 76110FQX4 5,422,000.00 5,330,050.47 7.000000 % 6,227.44
B-1 76110FQY2 2,385,700.00 2,345,241.88 7.000000 % 2,740.09
B-2 76110FQZ9 1,084,400.00 1,066,010.12 7.000000 % 1,245.49
B-3 76110FRA3 1,952,351.82 1,736,763.44 7.000000 % 2,024.95
- -------------------------------------------------------------------------------
433,770,084.51 292,469,594.85 2,539,252.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 40,734.60 267,706.46 0.00 0.00 7,017,270.76
A-2 310,438.64 2,106,721.20 0.00 0.00 55,535,522.80
A-3 464,372.49 464,372.49 0.00 0.00 82,584,000.00
A-4 98,095.84 451,565.93 0.00 0.00 18,670,456.26
A-5 60,386.51 60,386.51 0.00 0.00 0.00
A-6 33,165.94 157,137.97 0.00 0.00 6,413,583.29
A-7 505,887.38 505,887.38 0.00 0.00 86,753,900.00
A-8 0.00 162.25 0.00 0.00 129,331.87
A-9-1 188,895.90 188,895.90 0.00 0.00 0.00
A-9-2 46,208.80 46,208.80 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 99,461.76 119,390.01 0.00 0.00 17,036,626.45
M-2 31,081.08 37,308.52 0.00 0.00 5,323,823.03
M-3 31,081.08 37,308.52 0.00 0.00 5,323,823.03
B-1 13,675.79 16,415.88 0.00 0.00 2,342,501.79
B-2 6,216.21 7,461.70 0.00 0.00 1,064,764.63
B-3 10,127.58 12,152.53 0.00 0.00 1,731,410.13
- -------------------------------------------------------------------------------
1,939,829.60 4,479,082.05 0.00 0.00 289,927,014.04
===============================================================================
Run: 12/23/99 08:32:07
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-1 362.212131 11.348593 2.036730 13.385323 0.000000 350.863538
A-2 362.212131 11.348593 1.961296 13.309889 0.000000 350.863538
A-3 1000.000000 0.000000 5.623032 5.623032 0.000000 1000.000000
A-4 489.187167 9.089240 2.522467 11.611707 0.000000 480.097927
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 484.093028 9.179884 2.455872 11.635756 0.000000 474.913145
A-7 1000.000000 0.000000 5.831293 5.831293 0.000000 1000.000000
A-8 933.407404 1.169515 0.000000 1.169515 0.000000 932.237889
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-1 983.041399 1.148549 5.732402 6.880951 0.000000 981.892849
M-2 983.041400 1.148550 5.732401 6.880951 0.000000 981.892850
M-3 983.041400 1.148550 5.732401 6.880951 0.000000 981.892850
B-1 983.041405 1.148548 5.732401 6.880949 0.000000 981.892857
B-2 983.041424 1.148552 5.732396 6.880948 0.000000 981.892872
B-3 889.575036 1.037185 5.187374 6.224559 0.000000 886.833056
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:07 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 60,530.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 68,742.59
MASTER SERVICER ADVANCES THIS MONTH 3,683.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 51 5,285,838.95
(B) TWO MONTHLY PAYMENTS: 6 904,762.60
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,206,505.21
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,698,569.19
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 289,927,014.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,610
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 513,469.96
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,171,291.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 68,031.10
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.75806950 % 9.48096300 % 1.76096790 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.67384000 % 9.54870404 % 1.77319450 %
BANKRUPTCY AMOUNT AVAILABLE 2,037,626.00
FRAUD AMOUNT AVAILABLE 3,609,315.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,609,315.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.24164749
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.37
POOL TRADING FACTOR: 66.83886796
................................................................................
Run: 12/23/99 08:33:57 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 84,350,693.21 6.500000 % 1,072,627.61
A-2 76110FRC9 34,880,737.00 19,117,671.21 6.500000 % 823,959.10
A-3-1 0.00 0.00 1.237411 % 0.00
A-3-2 0.00 0.00 1.007151 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,656,004.11 6.500000 % 15,009.35
M-2 76110FRG0 785,100.00 730,921.55 6.500000 % 3,000.72
M-3 76110FRH8 707,000.00 658,211.08 6.500000 % 2,702.22
B-1 76110FRJ4 471,200.00 438,683.24 6.500000 % 1,800.97
B-2 76110FRK1 314,000.00 292,331.38 6.500000 % 1,200.14
B-3 76110FRL9 471,435.62 404,396.11 6.500000 % 1,660.20
- -------------------------------------------------------------------------------
157,074,535.62 109,648,911.89 1,921,960.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 456,577.33 1,529,204.94 0.00 0.00 83,278,065.60
A-2 103,481.01 927,440.11 0.00 0.00 18,293,712.11
A-3-1 89,759.03 89,759.03 0.00 0.00 0.00
A-3-2 18,906.15 18,906.15 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,789.39 34,798.74 0.00 0.00 3,640,994.76
M-2 3,956.37 6,957.09 0.00 0.00 727,920.83
M-3 3,562.80 6,265.02 0.00 0.00 655,508.86
B-1 2,374.52 4,175.49 0.00 0.00 436,882.27
B-2 1,582.34 2,782.48 0.00 0.00 291,131.24
B-3 2,188.94 3,849.14 0.00 0.00 402,735.90
- -------------------------------------------------------------------------------
702,177.88 2,624,138.19 0.00 0.00 107,726,951.57
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 730.195469 9.285375 3.952436 13.237811 0.000000 720.910094
A-2 548.086791 23.622181 2.966709 26.588890 0.000000 524.464610
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-1 930.991625 3.822091 5.039315 8.861406 0.000000 927.169534
M-2 930.991657 3.822086 5.039320 8.861406 0.000000 927.169571
M-3 930.991627 3.822093 5.039321 8.861414 0.000000 927.169533
B-1 930.991596 3.822093 5.039304 8.861397 0.000000 927.169503
B-2 930.991656 3.822102 5.039299 8.861401 0.000000 927.169554
B-3 857.797105 3.521584 4.643137 8.164721 0.000000 854.275500
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:57 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,728.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 670.90
SUBSERVICER ADVANCES THIS MONTH 13,359.48
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,155,898.29
(B) TWO MONTHLY PAYMENTS: 1 42,061.81
(C) THREE OR MORE MONTHLY PAYMENTS: 1 17,662.87
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 89,342.29
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 107,726,951.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,247
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 1,471,807.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 25,101.92
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.36332990 % 4.60117400 % 1.03549660 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.28631950 % 4.66403660 % 1.04964390 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,570,745.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,570,745.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.96994400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 150.43
POOL TRADING FACTOR: 68.58333284
................................................................................
Run: 12/23/99 08:33:58 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 61,371,441.27 6.500000 % 1,633,319.40
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 22,809,415.30 6.089900 % 408,329.85
A-I-4 76110FRQ8 0.00 0.00 2.910100 % 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 54,888,956.49 7.000000 % 1,175,133.04
A-V-1 0.00 0.00 0.886457 % 0.00
A-V-2 0.00 0.00 0.637353 % 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 13,963,173.53 7.000000 % 11,341.55
M-2 76110FRY1 5,067,800.00 4,986,791.45 7.000000 % 4,050.51
M-3 76110FRZ8 5,067,800.00 4,986,791.45 7.000000 % 4,050.51
B-1 76110FSA2 2,230,000.00 2,194,353.53 7.000000 % 1,782.36
B-2 76110FSB0 1,216,400.00 1,196,955.90 7.000000 % 972.22
B-3 76110FSC8 1,621,792.30 1,499,652.76 7.000000 % 1,218.09
- -------------------------------------------------------------------------------
405,421,992.30 292,497,976.68 3,240,197.53
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 332,293.76 1,965,613.16 0.00 0.00 59,738,121.87
A-I-2 335,858.67 335,858.67 0.00 0.00 59,732,445.00
A-I-3 115,708.91 524,038.76 0.00 0.00 22,401,085.45
A-I-4 55,292.29 55,292.29 0.00 0.00 0.00
A-I-5 378,243.14 378,243.14 0.00 0.00 64,868,000.00
A-II 320,095.36 1,495,228.40 0.00 0.00 53,713,823.45
A-V-1 173,101.89 173,101.89 0.00 0.00 0.00
A-V-2 30,834.49 30,834.49 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 81,416.45 92,758.00 0.00 0.00 13,951,831.98
M-2 29,076.98 33,127.49 0.00 0.00 4,982,740.94
M-3 29,076.98 33,127.49 0.00 0.00 4,982,740.94
B-1 12,794.84 14,577.20 0.00 0.00 2,192,571.17
B-2 6,979.21 7,951.43 0.00 0.00 1,195,983.68
B-3 8,744.17 9,962.26 0.00 0.00 1,498,434.67
- -------------------------------------------------------------------------------
1,909,517.14 5,149,714.67 0.00 0.00 289,257,779.15
===============================================================================
Run: 12/23/99 08:33:58
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-1 454.581718 12.098089 2.461319 14.559408 0.000000 442.483629
A-I-2 1000.000000 0.000000 5.622718 5.622718 0.000000 1000.000000
A-I-3 553.382734 9.906553 2.807232 12.713785 0.000000 543.476181
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.830967 5.830967 0.000000 1000.000000
A-II 729.877219 15.626146 4.256417 19.882563 0.000000 714.251073
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-1 984.015048 0.799264 5.737593 6.536857 0.000000 983.215784
M-2 984.015046 0.799264 5.737594 6.536858 0.000000 983.215782
M-3 984.015046 0.799264 5.737594 6.536858 0.000000 983.215782
B-1 984.015036 0.799265 5.737595 6.536860 0.000000 983.215771
B-2 984.015044 0.799260 5.737591 6.536851 0.000000 983.215784
B-3 924.688544 0.751076 5.391669 6.142745 0.000000 923.937467
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:58 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 60,292.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,795.47
SUBSERVICER ADVANCES THIS MONTH 72,542.18
MASTER SERVICER ADVANCES THIS MONTH 6,386.02
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 57 6,233,700.20
(B) TWO MONTHLY PAYMENTS: 9 713,239.36
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,413,939.42
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,520,734.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 289,257,779.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,593
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 822,528.58
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,002,687.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.14430150 % 8.18356300 % 1.67213540 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.04199530 % 8.26851189 % 1.68949290 %
BANKRUPTCY AMOUNT AVAILABLE 230,361.00
FRAUD AMOUNT AVAILABLE 8,108,440.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,054,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.16606900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.27
POOL TRADING FACTOR: 71.34733306
................................................................................
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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 71,265,451.73 6.750000 % 2,198,885.36
A-2 76110FSE4 75,936,500.00 71,126,989.39 6.750000 % 1,184,015.19
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 1.053376 % 0.00
A-6-2 0.00 0.00 0.856502 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,458,058.82 6.750000 % 10,149.84
M-2 76110FSM6 4,216,900.00 4,152,686.28 6.750000 % 3,383.28
M-3 76110FSN4 4,392,600.00 4,325,710.76 6.750000 % 3,524.25
B-1 76110FSP9 1,757,100.00 1,730,343.39 6.750000 % 1,409.75
B-2 76110FSQ7 1,054,300.00 1,038,245.43 6.750000 % 845.88
B-3 76110FSR5 1,405,623.28 1,384,218.87 6.750000 % 1,127.75
- -------------------------------------------------------------------------------
351,405,323.28 265,922,204.67 3,403,341.30
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 400,666.58 2,599,551.94 0.00 0.00 69,066,566.37
A-2 399,888.12 1,583,903.31 0.00 0.00 69,942,974.20
A-3 98,308.17 98,308.17 0.00 0.00 17,485,800.00
A-4 74,014.20 74,014.20 0.00 0.00 13,164,700.00
A-5 381,126.99 381,126.99 0.00 0.00 67,790,000.00
A-6-1 177,166.94 177,166.94 0.00 0.00 0.00
A-6-2 45,652.18 45,652.18 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 70,041.34 80,191.18 0.00 0.00 12,447,908.98
M-2 23,347.11 26,730.39 0.00 0.00 4,149,303.00
M-3 24,319.88 27,844.13 0.00 0.00 4,322,186.51
B-1 9,728.29 11,138.04 0.00 0.00 1,728,933.64
B-2 5,837.19 6,683.07 0.00 0.00 1,037,399.55
B-3 7,782.31 8,910.06 0.00 0.00 1,359,928.42
- -------------------------------------------------------------------------------
1,717,879.30 5,121,220.60 0.00 0.00 262,495,700.67
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 470.240722 14.509210 2.643774 17.152984 0.000000 455.731512
A-2 936.664047 15.592175 5.266086 20.858261 0.000000 921.071872
A-3 1000.000000 0.000000 5.622172 5.622172 0.000000 1000.000000
A-4 1000.000000 0.000000 5.622171 5.622171 0.000000 1000.000000
A-5 1000.000000 0.000000 5.622171 5.622171 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-1 984.772291 0.802314 5.536558 6.338872 0.000000 983.969976
M-2 984.772292 0.802314 5.536558 6.338872 0.000000 983.969978
M-3 984.772290 0.802315 5.536557 6.338872 0.000000 983.969975
B-1 984.772290 0.802316 5.536560 6.338876 0.000000 983.969973
B-2 984.772294 0.802314 5.536555 6.338869 0.000000 983.969980
B-3 984.772300 0.802313 5.536555 6.338868 0.000000 967.491392
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS5 (POOL # 4299)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4299
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 54,997.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,024.10
SUBSERVICER ADVANCES THIS MONTH 76,177.76
MASTER SERVICER ADVANCES THIS MONTH 3,983.02
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 43 6,116,317.74
(B) TWO MONTHLY PAYMENTS: 7 739,397.25
(C) THREE OR MORE MONTHLY PAYMENTS: 15 2,185,480.57
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,241,429.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 262,495,700.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,209
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 528,256.75
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,168,880.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.56518670 % 7.87315100 % 1.56166260 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.45863990 % 7.96942519 % 1.57193490 %
BANKRUPTCY AMOUNT AVAILABLE 184,749.00
FRAUD AMOUNT AVAILABLE 2,914,047.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,914,047.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.08436453
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.14
POOL TRADING FACTOR: 74.69884014
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6(POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4301
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FSS3 20,174,375.00 14,917,452.30 6.750000 % 153,466.59
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 6,206,708.39 6.750000 % 294,655.85
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 93,521,239.83 6.750000 % 1,254,689.11
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 47,276,630.09 6.750000 % 489,020.75
NB-2 76110FTA1 4,494,000.00 0.00 6.750000 % 0.00
NB-3 76110FTB9 9,662,500.00 9,662,500.00 6.750000 % 0.00
NB-4 76110FTC7 10,000,000.00 6,322,565.71 6.750000 % 54,301.25
A-P 76110FTE3 57,464.36 52,745.94 0.000000 % 63.00
A-V-1 0.00 0.00 1.005372 % 0.00
A-V-2 0.00 0.00 0.743276 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,872,045.44 6.750000 % 10,600.06
M-2 76110FTH6 5,029,000.00 4,950,748.85 6.750000 % 4,076.91
M-3 76110FTJ2 4,224,500.00 4,158,766.86 6.750000 % 3,424.72
B-1 76110FTK9 2,011,600.00 1,980,299.54 6.750000 % 1,630.77
B-2 76110FTL7 1,207,000.00 1,188,219.11 6.750000 % 978.49
B-3 76110FTM5 1,609,449.28 1,584,406.26 6.750000 % 1,304.75
- -------------------------------------------------------------------------------
402,311,611.64 306,759,951.32 2,268,212.25
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 83,860.93 237,327.52 0.00 0.00 14,763,985.71
CB-2 221,005.06 221,005.06 0.00 0.00 39,313,092.00
CB-3 77,657.16 77,657.16 0.00 0.00 13,813,906.00
CB-4 34,892.04 329,547.89 0.00 0.00 5,912,052.54
CB-5 115,244.15 115,244.15 0.00 0.00 20,500,000.00
CB-6 525,745.15 1,780,434.26 0.00 0.00 92,266,550.72
CB-7 159,872.45 159,872.45 0.00 0.00 28,438,625.00
NB-1 265,898.78 754,919.53 0.00 0.00 46,787,609.34
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,344.97 54,344.97 0.00 0.00 9,662,500.00
NB-4 35,560.12 89,861.37 0.00 0.00 6,268,264.46
A-P 0.00 63.00 0.00 0.00 52,682.94
A-V-1 200,362.97 200,362.97 0.00 0.00 0.00
A-V-2 41,768.76 41,768.76 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,365.32 82,965.38 0.00 0.00 12,861,445.38
M-2 27,832.60 31,909.51 0.00 0.00 4,946,671.94
M-3 23,380.16 26,804.88 0.00 0.00 4,155,342.14
B-1 11,133.04 12,763.81 0.00 0.00 1,978,668.77
B-2 6,680.04 7,658.53 0.00 0.00 1,187,240.62
B-3 8,907.37 10,212.12 0.00 0.00 1,583,101.50
- -------------------------------------------------------------------------------
1,966,511.07 4,234,723.32 0.00 0.00 304,491,739.06
===============================================================================
Run: 12/23/99 08:33:59
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-1 739.425747 7.607006 4.156804 11.763810 0.000000 731.818741
CB-2 1000.000000 0.000000 5.621666 5.621666 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.621666 5.621666 0.000000 1000.000000
CB-4 380.779656 18.077046 2.140616 20.217662 0.000000 362.702610
CB-5 1000.000000 0.000000 5.621666 5.621666 0.000000 1000.000000
CB-6 685.137288 9.191862 3.851613 13.043475 0.000000 675.945427
CB-7 1000.000000 0.000000 5.621666 5.621666 0.000000 1000.000000
NB-1 622.876399 6.442919 3.503255 9.946174 0.000000 616.433480
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.624318 5.624318 0.000000 1000.000000
NB-4 632.256571 5.430125 3.556012 8.986137 0.000000 626.826446
A-P 917.889628 1.096328 0.000000 1.096328 0.000000 916.793300
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-1 984.440017 0.810681 5.534421 6.345102 0.000000 983.629336
M-2 984.440018 0.810680 5.534420 6.345100 0.000000 983.629338
M-3 984.440019 0.810681 5.534421 6.345102 0.000000 983.629338
B-1 984.440018 0.810683 5.534420 6.345103 0.000000 983.629335
B-2 984.440025 0.810679 5.534416 6.345095 0.000000 983.629346
B-3 984.440007 0.810681 5.534421 6.345102 0.000000 983.629321
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:59 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6 (POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4301
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 63,669.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,082.37
SUBSERVICER ADVANCES THIS MONTH 45,466.78
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,659,196.08
(B) TWO MONTHLY PAYMENTS: 8 1,167,516.51
(C) THREE OR MORE MONTHLY PAYMENTS: 3 445,515.76
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 874,274.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 304,491,739.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,508
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,015,419.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.28338510 % 7.16572100 % 1.54939550 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.22567560 % 7.21315446 % 1.55992170 %
BANKRUPTCY AMOUNT AVAILABLE 182,918.00
FRAUD AMOUNT AVAILABLE 8,046,232.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,023,116.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.02541800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.14
POOL TRADING FACTOR: 75.68554579
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7(POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FTZ6 172,668,000.00 119,453,750.22 6.750000 % 2,730,550.78
CB-2 76110FUA9 35,551,000.00 35,551,000.00 6.750000 % 0.00
CB-3 76110FUB7 44,215,000.00 44,215,000.00 6.750000 % 0.00
NB-1 76110FUC5 32,242,000.00 23,123,822.79 6.750000 % 54,844.38
NB-2 76110FUD3 77,840,000.00 47,230,813.32 6.750000 % 26,195.75
NB-3 76110FUE1 3,780,000.00 0.00 6.750000 % 0.00
NB-4 76110FUF1 13,684,000.00 13,684,000.00 6.750000 % 0.00
A-P 76110FUF8 73,404.89 68,560.12 0.000000 % 84.31
A-V 76110FUG6 0.00 0.00 0.939229 % 0.00
R 76110FUH4 100.00 0.00 6.750000 % 0.00
M-1 76110FUJ0 13,245,900.00 13,076,208.98 6.750000 % 10,507.08
M-2 76110FUK5 5,094,600.00 5,029,333.93 6.750000 % 4,041.20
M-3 76110FUM3 4,279,400.00 4,224,577.32 6.750000 % 3,394.56
B-1 76110FUN1 2,037,800.00 2,011,694.10 6.750000 % 1,616.45
B-2 76110FUP6 1,222,600.00 1,206,937.48 6.750000 % 969.81
B-3 76110FUQ4 1,631,527.35 1,498,810.04 6.750000 % 1,204.33
- -------------------------------------------------------------------------------
407,565,332.24 310,374,508.30 2,833,408.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 671,702.88 3,402,253.66 0.00 0.00 116,723,199.44
CB-2 199,907.58 199,907.58 0.00 0.00 35,551,000.00
CB-3 248,626.30 248,626.30 0.00 0.00 44,215,000.00
NB-1 130,054.69 184,899.07 0.00 0.00 23,068,978.41
NB-2 265,638.98 291,834.73 0.00 0.00 47,204,617.57
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,962.55 76,962.55 0.00 0.00 13,684,000.00
A-P 0.00 84.31 0.00 0.00 68,475.81
A-V 242,860.94 242,860.94 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,531.15 84,038.23 0.00 0.00 13,065,701.90
M-2 28,281.34 32,322.54 0.00 0.00 5,025,292.73
M-3 23,755.97 27,150.53 0.00 0.00 4,221,182.76
B-1 11,312.31 12,928.76 0.00 0.00 2,010,077.65
B-2 6,786.94 7,756.75 0.00 0.00 1,205,967.67
B-3 8,428.23 9,632.56 0.00 0.00 1,497,605.71
- -------------------------------------------------------------------------------
1,987,849.86 4,821,258.51 0.00 0.00 307,541,099.65
===============================================================================
Run: 12/23/99 08:34:00
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-1 691.811744 15.813879 3.890141 19.704020 0.000000 675.997866
CB-2 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
NB-1 717.195670 1.701023 4.033704 5.734727 0.000000 715.494647
NB-2 606.767900 0.336533 3.412628 3.749161 0.000000 606.431367
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.624273 5.624273 0.000000 1000.000000
A-P 933.999356 1.148586 0.000000 1.148586 0.000000 932.850770
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 987.189166 0.793233 5.551238 6.344471 0.000000 986.395934
M-2 987.189167 0.793232 5.551239 6.344471 0.000000 986.395935
M-3 987.189167 0.793233 5.551238 6.344471 0.000000 986.395934
B-1 987.189175 0.793233 5.551237 6.344470 0.000000 986.395942
B-2 987.189171 0.793236 5.551235 6.344471 0.000000 986.395935
B-3 918.654560 0.738161 5.165853 5.904014 0.000000 917.916399
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:34:00 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 64,349.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,041.81
SUBSERVICER ADVANCES THIS MONTH 56,002.17
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 4,686,071.74
(B) TWO MONTHLY PAYMENTS: 7 681,277.51
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,017,242.25
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,167,263.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 307,541,099.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,359
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 2,584,148.44
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.28358250 % 7.19457300 % 1.51991920 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.21033020 % 7.25502296 % 1.53303110 %
BANKRUPTCY AMOUNT AVAILABLE 167,865.00
FRAUD AMOUNT AVAILABLE 8,151,307.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,075,653.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.01677400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.45
POOL TRADING FACTOR: 75.45811072
................................................................................
Run: 12/23/99 08:34:00 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 124,454,000.00 100,403,626.92 6.500000 % 1,367,035.66
NB 76110FTP8 41,430,000.00 28,797,039.47 6.500000 % 153,488.14
A-P 76110FTQ6 63,383.01 59,302.56 0.000000 % 240.25
A-V 76110FTV5 0.00 0.00 0.928116 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,256,697.72 6.500000 % 15,950.21
M-2 76110FTT0 780,000.00 736,681.65 6.500000 % 2,760.41
M-3 76110FTU7 693,500.00 654,985.53 6.500000 % 2,454.29
B-1 76110FTW3 520,000.00 491,121.12 6.500000 % 1,840.27
B-2 76110FTX1 433,500.00 409,424.98 6.500000 % 1,534.15
B-3 76110FTY9 433,464.63 409,391.63 6.500000 % 1,534.02
- -------------------------------------------------------------------------------
173,314,947.64 136,218,271.58 1,546,837.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 543,455.40 1,910,491.06 0.00 0.00 99,036,591.26
NB 155,869.93 309,358.07 0.00 0.00 28,643,551.33
A-P 0.00 240.25 0.00 0.00 59,062.31
A-V 105,278.26 105,278.26 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 23,040.25 38,990.46 0.00 0.00 4,240,747.51
M-2 3,987.44 6,747.85 0.00 0.00 733,921.24
M-3 3,545.25 5,999.54 0.00 0.00 652,531.24
B-1 2,658.30 4,498.57 0.00 0.00 489,280.85
B-2 2,216.10 3,750.25 0.00 0.00 407,890.83
B-3 2,215.92 3,749.94 0.00 0.00 407,857.61
- -------------------------------------------------------------------------------
842,266.85 2,389,104.25 0.00 0.00 134,671,434.18
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 806.752912 10.984265 4.366717 15.350982 0.000000 795.768648
NB 695.076985 3.704758 3.762248 7.467006 0.000000 691.372226
A-P 935.622338 3.790384 0.000000 3.790384 0.000000 931.831954
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-1 944.463661 3.538986 5.112103 8.651089 0.000000 940.924675
M-2 944.463654 3.538987 5.112103 8.651090 0.000000 940.924667
M-3 944.463634 3.538991 5.112112 8.651103 0.000000 940.924643
B-1 944.463692 3.538981 5.112115 8.651096 0.000000 940.924712
B-2 944.463622 3.538985 5.112111 8.651096 0.000000 940.924637
B-3 944.463750 3.538974 5.112113 8.651087 0.000000 940.924767
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:34:01 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 28,255.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,547.67
SUBSERVICER ADVANCES THIS MONTH 21,409.91
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,507,408.43
(B) TWO MONTHLY PAYMENTS: 3 138,756.54
(C) THREE OR MORE MONTHLY PAYMENTS: 2 542,758.62
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 134,671,434.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,487
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 1,036,400.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.88957450 % 4.14655500 % 0.96164610 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.85022870 % 4.17846593 % 0.96947200 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,733,149.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,733,149.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.75389000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 155.27
POOL TRADING FACTOR: 77.70330027
................................................................................
Run: 12/23/99 08:32:24 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10(POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4313
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FUR2 25,000,000.00 16,517,633.71 6.750000 % 373,086.86
A-2 76110FUS0 29,011,000.00 0.00 6.750000 % 0.00
A-3 76110FUT8 12,434,000.00 11,430,316.37 6.750000 % 1,320,160.40
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 15,990,990.75 6.750000 % 12,541.55
A-11 76110FVB6 10,998.00 10,625.13 0.000000 % 11.44
A-12 76110FVC4 0.00 0.00 1.008971 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,768,844.21 6.750000 % 3,740.15
M-2 76110FVF7 2,011,300.00 1,987,067.81 6.750000 % 1,558.43
M-3 76110FVG5 2,011,300.00 1,987,067.81 6.750000 % 1,558.43
B-1 76110FVH3 884,900.00 874,238.72 6.750000 % 685.66
B-2 76110FVJ9 482,700.00 476,884.42 6.750000 % 374.01
B-3 76110FVK6 643,577.01 635,823.13 6.750000 % 498.68
- -------------------------------------------------------------------------------
160,885,875.01 122,062,492.06 1,714,215.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 92,894.65 465,981.51 0.00 0.00 16,144,546.85
A-2 0.00 0.00 0.00 0.00 0.00
A-3 64,283.74 1,384,444.14 0.00 0.00 10,110,155.97
A-4 97,879.55 97,879.55 0.00 0.00 17,404,000.00
A-5 44,041.30 44,041.30 0.00 0.00 7,831,000.00
A-6 77,908.84 77,908.84 0.00 0.00 13,853,000.00
A-7 83,718.39 83,718.39 0.00 0.00 14,886,000.00
A-8 47,291.96 47,291.96 0.00 0.00 8,409,000.00
A-9 28,119.84 28,119.84 0.00 0.00 5,000,000.00
A-10 89,932.82 102,474.37 0.00 0.00 15,978,449.20
A-11 0.00 11.44 0.00 0.00 10,613.69
A-12 102,612.45 102,612.45 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,819.83 30,559.98 0.00 0.00 4,765,104.06
M-2 11,175.21 12,733.64 0.00 0.00 1,985,509.38
M-3 11,175.21 12,733.64 0.00 0.00 1,985,509.38
B-1 4,916.69 5,602.35 0.00 0.00 873,553.06
B-2 2,681.98 3,055.99 0.00 0.00 476,510.41
B-3 3,575.85 4,074.53 0.00 0.00 635,324.45
- -------------------------------------------------------------------------------
789,028.31 2,503,243.92 0.00 0.00 120,348,276.45
===============================================================================
Run: 12/23/99 08:32:24
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-1 660.705348 14.923474 3.715786 18.639260 0.000000 645.781874
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 919.279103 106.173428 5.169997 111.343425 0.000000 813.105676
A-4 1000.000000 0.000000 5.623969 5.623969 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623969 5.623969 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623969 5.623969 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623968 5.623968 0.000000 1000.000000
A-8 1000.000000 0.000000 5.623970 5.623970 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623968 5.623968 0.000000 1000.000000
A-10 987.951980 0.774839 5.556210 6.331049 0.000000 987.177141
A-11 966.096563 1.040189 0.000000 1.040189 0.000000 965.056374
A-12 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 987.951981 0.774839 5.556211 6.331050 0.000000 987.177141
M-2 987.951976 0.774837 5.556212 6.331049 0.000000 987.177139
M-3 987.951976 0.774837 5.556212 6.331049 0.000000 987.177139
B-1 987.951995 0.774845 5.556210 6.331055 0.000000 987.177150
B-2 987.951978 0.774829 5.556205 6.331034 0.000000 987.177149
B-3 987.951900 0.774841 5.556212 6.331053 0.000000 987.177044
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:24 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 25,246.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,330.27
SUBSERVICER ADVANCES THIS MONTH 32,166.62
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 2,979,669.27
(B) TWO MONTHLY PAYMENTS: 3 711,616.05
(C) THREE OR MORE MONTHLY PAYMENTS: 4 533,864.53
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 198,613.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 120,348,276.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 948
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 1,618,480.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.20871610 % 7.16333100 % 1.62795240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.09047780 % 7.25903443 % 1.64984750 %
BANKRUPTCY AMOUNT AVAILABLE 132,896.00
FRAUD AMOUNT AVAILABLE 3,217,718.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,608,859.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.08203551
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.45
POOL TRADING FACTOR: 74.80350680
................................................................................
Run: 12/23/99 08:32:25 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 16,093,765.26 6.750000 % 3,612,601.27
A-2 76110FVM2 43,000,000.00 43,000,000.00 6.750000 % 0.00
A-3 76110FVNO 60,000,000.00 60,000,000.00 6.750000 % 0.00
A-4 76110FVP5 27,000,000.00 27,000,000.00 6.750000 % 0.00
A-5 76110FVQ3 52,500,000.00 52,500,000.00 6.750000 % 0.00
A-6 76110FVR1 36,500,000.00 36,500,000.00 6.750000 % 0.00
A-7 76110FVS9 25,000,000.00 25,000,000.00 6.750000 % 0.00
A-8 76110FVT7 10,405,000.00 10,405,000.00 6.389900 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 7.830095 % 0.00
A-10 76110FVU2 7,590,000.00 7,029,167.46 6.750000 % 33,828.99
A-11 76110FVW0 7,500,000.00 7,500,000.00 6.750000 % 0.00
A-12 76110FVX8 28,126,000.00 28,126,000.00 6.750000 % 0.00
A-13 76110FVY6 77,829.78 76,728.27 0.000000 % 73.80
A-14 76110FVZ3 0.00 0.00 0.931937 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,617,255.69 6.750000 % 9,213.42
M-2 76110FWC3 5,349,900.00 5,280,472.07 6.750000 % 4,187.84
M-3 76110FWD1 5,349,900.00 5,280,472.07 6.750000 % 4,187.84
B-1 76110FWE9 2,354,000.00 2,323,451.15 6.750000 % 1,842.68
B-2 76110FWF6 1,284,000.00 1,267,336.98 6.750000 % 1,005.10
B-3 76110FWG4 1,712,259.01 1,690,038.20 6.750000 % 1,340.34
- -------------------------------------------------------------------------------
427,987,988.79 344,158,687.15 3,668,281.28
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 90,506.45 3,703,107.72 0.00 0.00 12,481,163.99
A-2 241,818.95 241,818.95 0.00 0.00 43,000,000.00
A-3 337,421.79 337,421.79 0.00 0.00 60,000,000.00
A-4 151,839.81 151,839.81 0.00 0.00 27,000,000.00
A-5 295,244.07 295,244.07 0.00 0.00 52,500,000.00
A-6 205,264.92 205,264.92 0.00 0.00 36,500,000.00
A-7 140,592.41 140,592.41 0.00 0.00 25,000,000.00
A-8 55,392.92 55,392.92 0.00 0.00 10,405,000.00
A-9 22,630.25 22,630.25 0.00 0.00 3,469,000.00
A-10 39,529.91 73,358.90 0.00 0.00 6,995,338.47
A-11 42,177.72 42,177.72 0.00 0.00 7,500,000.00
A-12 158,172.09 158,172.09 0.00 0.00 28,126,000.00
A-13 0.00 73.80 0.00 0.00 76,654.47
A-14 267,216.66 267,216.66 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,331.92 74,545.34 0.00 0.00 11,608,042.27
M-2 29,695.78 33,883.62 0.00 0.00 5,276,284.23
M-3 29,695.78 33,883.62 0.00 0.00 5,276,284.23
B-1 13,066.38 14,909.06 0.00 0.00 2,321,608.47
B-2 7,127.12 8,132.22 0.00 0.00 1,266,331.88
B-3 9,504.26 10,844.60 0.00 0.00 1,688,697.86
- -------------------------------------------------------------------------------
2,202,229.19 5,870,510.47 0.00 0.00 340,490,405.87
===============================================================================
Run: 12/23/99 08:32:25
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-1 162.563285 36.490922 0.914207 37.405129 0.000000 126.072364
A-2 1000.000000 0.000000 5.623697 5.623697 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623697 5.623697 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623697 5.623697 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623697 5.623697 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623696 5.623696 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623696 5.623696 0.000000 1000.000000
A-8 1000.000000 0.000000 5.323683 5.323683 0.000000 1000.000000
A-9 1000.000000 0.000000 6.523566 6.523566 0.000000 1000.000000
A-10 926.109020 4.457047 5.208157 9.665204 0.000000 921.651972
A-11 1000.000000 0.000000 5.623696 5.623696 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623697 5.623697 0.000000 1000.000000
A-13 985.847191 0.948223 0.000000 0.948223 0.000000 984.898968
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-1 987.022573 0.782788 5.550715 6.333503 0.000000 986.239785
M-2 987.022574 0.782788 5.550717 6.333505 0.000000 986.239786
M-3 987.022574 0.782788 5.550717 6.333505 0.000000 986.239786
B-1 987.022579 0.782787 5.550714 6.333501 0.000000 986.239792
B-2 987.022570 0.782788 5.550717 6.333505 0.000000 986.239782
B-3 987.022518 0.782790 5.550714 6.333504 0.000000 986.239728
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:25 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 71,243.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,031.27
SUBSERVICER ADVANCES THIS MONTH 44,530.79
MASTER SERVICER ADVANCES THIS MONTH 1,861.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 3,952,270.22
(B) TWO MONTHLY PAYMENTS: 2 352,349.40
(C) THREE OR MORE MONTHLY PAYMENTS: 9 933,477.56
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 891,166.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 340,490,405.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,648
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 246,734.17
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,395,324.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.01962630 % 6.44561500 % 1.53475830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.94002920 % 6.50843911 % 1.55006610 %
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 8.00757138
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.34
POOL TRADING FACTOR: 79.55606577
................................................................................
Run: 12/23/99 08:32:34 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 29,061,692.11 6.750000 % 3,093,604.06
A-2 76110FWJ8 47,967,000.00 47,967,000.00 6.750000 % 0.00
A-3 76110FWK5 67,521,000.00 67,521,000.00 6.750000 % 0.00
A-4 76110FWL3 30,346,000.00 30,346,000.00 6.750000 % 0.00
A-5 76110FWM1 45,610,000.00 45,610,000.00 6.750000 % 0.00
A-6 76110FWN9 28,628,000.00 28,628,000.00 6.750000 % 0.00
A-7 76110FWP4 16,219,000.00 16,219,000.00 6.210000 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 8.486178 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 61,676.62 0.000000 % 79.70
A-11 76110FWT6 0.00 0.00 0.878075 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,034,916.69 6.750000 % 12,578.84
M-2 76110FWW9 6,000,000.00 5,925,500.81 6.750000 % 5,718.17
M-3 76110FWX7 4,799,500.00 4,739,906.85 6.750000 % 4,574.06
B-1 76110FWY5 2,639,600.00 2,606,825.33 6.750000 % 2,515.62
B-2 76110FWZ2 1,439,500.00 1,421,626.40 6.750000 % 1,371.89
B-3 76110FXA6 1,919,815.88 1,895,978.45 6.750000 % 1,829.64
- -------------------------------------------------------------------------------
479,943,188.77 396,514,123.26 3,122,271.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 163,358.03 3,256,962.09 0.00 0.00 25,968,088.05
A-2 269,626.24 269,626.24 0.00 0.00 47,967,000.00
A-3 379,540.79 379,540.79 0.00 0.00 67,521,000.00
A-4 170,577.22 170,577.22 0.00 0.00 30,346,000.00
A-5 256,377.35 256,377.35 0.00 0.00 45,610,000.00
A-6 160,920.21 160,920.21 0.00 0.00 28,628,000.00
A-7 83,874.80 83,874.80 0.00 0.00 16,219,000.00
A-8 35,659.50 35,659.50 0.00 0.00 5,046,000.00
A-9 542,034.90 542,034.90 0.00 0.00 96,429,000.00
A-10 0.00 79.70 0.00 0.00 61,596.92
A-11 289,938.63 289,938.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,270.28 85,849.12 0.00 0.00 13,022,337.85
M-2 33,307.70 39,025.87 0.00 0.00 5,919,782.64
M-3 26,643.39 31,217.45 0.00 0.00 4,735,332.79
B-1 14,653.17 17,168.79 0.00 0.00 2,604,309.71
B-2 7,991.07 9,362.96 0.00 0.00 1,420,254.51
B-3 10,657.44 12,487.08 0.00 0.00 1,894,148.81
- -------------------------------------------------------------------------------
2,518,430.72 5,640,702.70 0.00 0.00 393,391,851.28
===============================================================================
Run: 12/23/99 08:32:34
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-1 259.208613 27.592640 1.457032 29.049672 0.000000 231.615973
A-2 1000.000000 0.000000 5.621078 5.621078 0.000000 1000.000000
A-3 1000.000000 0.000000 5.621078 5.621078 0.000000 1000.000000
A-4 1000.000000 0.000000 5.621078 5.621078 0.000000 1000.000000
A-5 1000.000000 0.000000 5.621078 5.621078 0.000000 1000.000000
A-6 1000.000000 0.000000 5.621078 5.621078 0.000000 1000.000000
A-7 1000.000000 0.000000 5.171392 5.171392 0.000000 1000.000000
A-8 1000.000000 0.000000 7.066885 7.066885 0.000000 1000.000000
A-9 1000.000000 0.000000 5.621078 5.621078 0.000000 1000.000000
A-10 980.973198 1.267637 0.000000 1.267637 0.000000 979.705562
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-1 987.583469 0.953029 5.551283 6.504312 0.000000 986.630440
M-2 987.583468 0.953028 5.551283 6.504311 0.000000 986.630440
M-3 987.583467 0.953028 5.551285 6.504313 0.000000 986.630439
B-1 987.583471 0.953031 5.551284 6.504315 0.000000 986.630440
B-2 987.583466 0.953032 5.551282 6.504314 0.000000 986.630434
B-3 987.583481 0.953029 5.551282 6.504311 0.000000 986.630452
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:34 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 82,245.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 19,098.24
SUBSERVICER ADVANCES THIS MONTH 59,632.74
MASTER SERVICER ADVANCES THIS MONTH 682.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 48 5,805,581.22
(B) TWO MONTHLY PAYMENTS: 4 549,972.79
(C) THREE OR MORE MONTHLY PAYMENTS: 12 1,048,097.88
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 723,104.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 393,391,851.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,033
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 90,870.56
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,739,631.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.52753900 % 5.97810000 % 1.49436090 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.47549200 % 6.01879607 % 1.50476930 %
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 7.95556856
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.76
POOL TRADING FACTOR: 81.96633695
................................................................................
Run: 12/23/99 08:34:02 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 188,037,444.00 159,605,073.09 7.000000 % 1,016,644.96
CB-2 76110FXP8 6,964,350.00 5,911,299.18 0.000000 % 37,653.52
NB-1 76110FXQ1 25,499,800.00 15,529,243.04 6.750000 % 779,189.21
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 10,043,091.86 6.400000 % 406,828.44
NB-8 76110FXX6 20,899,000.00 15,180,086.64 6.100000 % 446,918.48
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,746.85 0.000000 % 58.13
A-V 76110FYA5 0.00 0.00 0.831552 % 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 8,695,883.55 6.750000 % 6,860.88
M-2 76110FYE7 4,001,000.00 3,952,539.62 6.750000 % 3,118.48
M-3 76110FYF4 3,201,000.00 3,162,229.26 6.750000 % 2,494.94
B-1 76110FYG2 1,760,300.00 1,738,979.13 6.750000 % 1,372.02
B-2 76110FYH0 960,000.00 948,372.40 6.750000 % 748.25
B-3 76110FYJ6 1,280,602.22 1,265,091.52 6.750000 % 998.13
- -------------------------------------------------------------------------------
320,086,417.14 269,461,795.14 2,702,885.44
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 930,793.86 1,947,438.82 0.00 0.00 158,588,428.13
CB-2 0.00 37,653.52 0.00 0.00 5,873,645.66
NB-1 87,343.58 866,532.79 0.00 0.00 14,750,053.83
NB-2 41,750.36 41,750.36 0.00 0.00 7,423,000.00
NB-3 120,533.03 120,533.03 0.00 0.00 21,430,159.00
NB-4 22,610.32 22,610.32 0.00 0.00 4,020,000.00
NB-5 59,056.81 59,056.81 0.00 0.00 10,500,000.00
NB-6 2,928.96 2,928.96 0.00 0.00 0.00
NB-7 53,558.00 460,386.44 0.00 0.00 9,636,263.42
NB-8 77,158.01 524,076.49 0.00 0.00 14,733,168.16
NB-9 8,221.76 8,221.76 0.00 0.00 0.00
A-P 0.00 58.13 0.00 0.00 56,688.72
A-V 186,688.78 186,688.78 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 48,903.36 55,764.24 0.00 0.00 8,689,022.67
M-2 22,228.05 25,346.53 0.00 0.00 3,949,421.14
M-3 17,783.55 20,278.49 0.00 0.00 3,159,734.32
B-1 9,779.56 11,151.58 0.00 0.00 1,737,607.11
B-2 5,333.39 6,081.64 0.00 0.00 947,624.15
B-3 7,114.54 8,112.67 0.00 0.00 1,264,093.40
- -------------------------------------------------------------------------------
1,701,785.92 4,404,671.36 0.00 0.00 266,758,909.71
===============================================================================
Run: 12/23/99 08:34:02
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-1 848.794100 5.406609 4.950045 10.356654 0.000000 843.387491
CB-2 848.794099 5.406609 0.000000 5.406609 0.000000 843.387489
NB-1 608.994700 30.556679 3.425265 33.981944 0.000000 578.438020
NB-2 1000.000000 0.000000 5.624459 5.624459 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624458 5.624458 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624458 5.624458 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624458 5.624458 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 658.606588 26.679024 3.512230 30.191254 0.000000 631.927564
NB-8 726.354689 21.384683 3.691947 25.076630 0.000000 704.970006
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 977.350560 1.001166 0.000000 1.001166 0.000000 976.349394
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 987.887935 0.779424 5.555622 6.335046 0.000000 987.108511
M-2 987.887933 0.779425 5.555624 6.335049 0.000000 987.108508
M-3 987.887929 0.779425 5.555623 6.335048 0.000000 987.108504
B-1 987.887934 0.779424 5.555621 6.335045 0.000000 987.108510
B-2 987.887917 0.779427 5.555615 6.335042 0.000000 987.108490
B-3 987.887964 0.779422 5.555621 6.335043 0.000000 987.108547
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:34:02 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS12 (POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4321
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 55,677.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,600.25
SUBSERVICER ADVANCES THIS MONTH 56,368.06
MASTER SERVICER ADVANCES THIS MONTH 1,778.42
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 5,655,470.84
(B) TWO MONTHLY PAYMENTS: 5 1,053,680.70
(C) THREE OR MORE MONTHLY PAYMENTS: 2 146,823.35
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 996,269.07
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 266,758,909.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,905
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 252,229.87
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,490,248.15
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.64465590 % 5.86749300 % 1.46679160 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.59567370 % 5.92226822 % 1.48079930 %
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 7.90758900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.98
POOL TRADING FACTOR: 83.33965311
................................................................................
Run: 12/23/99 08:34:03 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 98,602,783.66 6.500000 % 1,273,954.69
NB 37,758,000.00 29,651,596.87 6.500000 % 533,485.56
A-P 53,454.22 50,630.70 0.000000 % 209.67
A-V 0.00 0.00 0.843268 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,895,737.67 6.500000 % 14,212.27
M-2 706,500.00 674,097.16 6.500000 % 2,459.21
M-3 628,000.00 599,197.47 6.500000 % 2,185.97
B-1 471,000.00 449,398.12 6.500000 % 1,639.48
B-2 314,000.00 299,598.74 6.500000 % 1,092.98
B-3 471,221.05 449,609.00 6.500000 % 1,640.24
- -------------------------------------------------------------------------------
156,999,275.27 134,672,649.39 1,830,880.07
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 533,704.75 1,807,659.44 0.00 0.00 97,328,828.97
NB 160,494.44 693,980.00 0.00 0.00 29,118,111.31
A-P 0.00 209.67 0.00 0.00 50,421.03
A-V 94,567.82 94,567.82 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 21,086.36 35,298.63 0.00 0.00 3,881,525.40
M-2 3,648.67 6,107.88 0.00 0.00 671,637.95
M-3 3,243.26 5,429.23 0.00 0.00 597,011.50
B-1 2,432.45 4,071.93 0.00 0.00 447,758.64
B-2 1,621.63 2,714.61 0.00 0.00 298,505.76
B-3 2,433.58 4,073.82 0.00 0.00 447,968.76
- -------------------------------------------------------------------------------
823,232.96 2,654,113.03 0.00 0.00 132,841,769.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 876.360130 11.322633 4.743452 16.066085 0.000000 865.037497
NB 785.306342 14.129074 4.250608 18.379682 0.000000 771.177269
A-P 947.178726 3.922439 0.000000 3.922439 0.000000 943.256287
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 954.136094 3.480840 5.164428 8.645268 0.000000 950.655254
M-2 954.136108 3.480835 5.164430 8.645265 0.000000 950.655273
M-3 954.136099 3.480844 5.164427 8.645271 0.000000 950.655255
B-1 954.136136 3.480849 5.164437 8.645286 0.000000 950.655287
B-2 954.136115 3.480828 5.164427 8.645255 0.000000 950.655287
B-3 954.136068 3.480829 5.164413 8.645242 0.000000 950.655241
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:34:03 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 27,917.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,957.78
SUBSERVICER ADVANCES THIS MONTH 15,311.60
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 949,929.54
(B) TWO MONTHLY PAYMENTS: 1 101,010.49
(C) THREE OR MORE MONTHLY PAYMENTS: 2 209,956.99
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 132,841,769.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,303
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 1,339,563.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.26998760 % 3.83822000 % 0.89001430 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.22227310 % 3.87692431 % 0.89933050 %
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 7.67061700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 158.71
POOL TRADING FACTOR: 84.61298251
................................................................................
Run: 12/23/99 08:32:46 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 99,608,622.06 6.750000 % 2,749,329.16
A-2 76110FYL1 97,975,000.00 65,346,325.63 6.500000 % 261,201.49
A-3 76110FYM9 46,000,000.00 30,680,591.02 6.250000 % 122,636.05
A-4 76110FYN7 37,995,000.00 25,341,501.17 8.000000 % 101,294.71
A-5 76110FYP2 25,759,000.00 25,759,000.00 6.750000 % 0.00
A-6 76110FYQ0 88,071,000.00 88,071,000.00 6.750000 % 0.00
A-P 76110FYR8 95,321.30 90,281.01 0.000000 % 105.53
A-V 76110FYS6 0.00 0.00 0.811652 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,272,248.58 6.750000 % 9,830.37
M-2 76110FYV9 5,563,000.00 5,501,250.52 6.750000 % 4,406.63
M-3 76110FYW7 4,279,000.00 4,231,502.95 6.750000 % 3,389.54
B-1 76110FYX5 2,567,500.00 2,539,000.68 6.750000 % 2,033.80
B-2 76110FYY3 1,283,800.00 1,269,549.78 6.750000 % 1,016.94
B-3 76110FYZ0 1,711,695.86 1,692,695.94 6.750000 % 1,355.88
- -------------------------------------------------------------------------------
427,918,417.16 362,403,569.34 3,256,600.10
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 560,167.87 3,309,497.03 0.00 0.00 96,859,292.90
A-2 353,876.74 615,078.23 0.00 0.00 65,085,124.14
A-3 159,757.49 282,393.54 0.00 0.00 30,557,954.97
A-4 168,903.95 270,198.66 0.00 0.00 25,240,206.46
A-5 144,860.60 144,860.60 0.00 0.00 25,759,000.00
A-6 495,283.88 495,283.88 0.00 0.00 88,071,000.00
A-P 0.00 105.53 0.00 0.00 90,175.48
A-V 245,064.24 245,064.24 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,015.31 78,845.68 0.00 0.00 12,262,418.21
M-2 30,937.32 35,343.95 0.00 0.00 5,496,843.89
M-3 23,796.65 27,186.19 0.00 0.00 4,228,113.41
B-1 14,278.55 16,312.35 0.00 0.00 2,536,966.88
B-2 7,139.56 8,156.50 0.00 0.00 1,268,532.84
B-3 9,519.19 10,875.07 0.00 0.00 1,691,340.06
- -------------------------------------------------------------------------------
2,282,601.35 5,539,201.45 0.00 0.00 359,146,969.24
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 955.863485 26.383091 5.375479 31.758570 0.000000 929.480394
A-2 666.969386 2.666001 3.611909 6.277910 0.000000 664.303385
A-3 666.969370 2.666001 3.472989 6.138990 0.000000 664.303369
A-4 666.969369 2.666001 4.445426 7.111427 0.000000 664.303368
A-5 1000.000000 0.000000 5.623689 5.623689 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623689 5.623689 0.000000 1000.000000
A-P 947.123151 1.107098 0.000000 1.107098 0.000000 946.016053
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-1 988.899966 0.792133 5.561266 6.353399 0.000000 988.107833
M-2 988.899968 0.792132 5.561266 6.353398 0.000000 988.107836
M-3 988.899965 0.792134 5.561264 6.353398 0.000000 988.107831
B-1 988.899973 0.792132 5.561266 6.353398 0.000000 988.107840
B-2 988.899969 0.792133 5.561271 6.353404 0.000000 988.107836
B-3 988.899944 0.792133 5.561263 6.353396 0.000000 988.107819
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:46 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 75,121.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,118.02
SUBSERVICER ADVANCES THIS MONTH 45,609.13
MASTER SERVICER ADVANCES THIS MONTH 1,134.79
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 4,357,745.78
(B) TWO MONTHLY PAYMENTS: 7 1,102,823.10
(C) THREE OR MORE MONTHLY PAYMENTS: 4 621,250.63
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 329,118.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 359,146,969.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,802
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 149,791.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,966,291.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.40815910 % 6.07347400 % 1.51836730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.34544070 % 6.12211083 % 1.53091100 %
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 7.88796218
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.28
POOL TRADING FACTOR: 83.92884130
................................................................................
Run: 12/23/99 08:34:03 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 250,018,000.00 218,907,190.73 6.500000 % 2,106,892.75
NB 150,029,000.00 126,636,884.12 6.500000 % 1,940,249.89
A-V 0.00 0.00 1.003944 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,482,691.77 6.500000 % 11,580.29
M-2 5,377,000.00 5,324,315.16 6.500000 % 4,257.29
M-3 4,517,000.00 4,472,741.62 6.500000 % 3,576.38
B-1 2,581,000.00 2,555,710.88 6.500000 % 2,043.53
B-2 1,290,500.00 1,277,855.44 6.500000 % 1,021.77
B-3 1,720,903.67 1,704,041.96 6.500000 % 1,362.54
- -------------------------------------------------------------------------------
430,159,503.67 375,361,431.68 4,070,984.44
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,185,555.40 3,292,448.15 0.00 0.00 216,800,297.98
NB 685,842.54 2,626,092.43 0.00 0.00 124,696,634.23
A-V 313,984.76 313,984.76 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,433.27 90,013.56 0.00 0.00 14,471,111.48
M-2 28,834.66 33,091.95 0.00 0.00 5,320,057.87
M-3 24,222.83 27,799.21 0.00 0.00 4,469,165.24
B-1 13,840.85 15,884.38 0.00 0.00 2,553,667.35
B-2 6,920.43 7,942.20 0.00 0.00 1,276,833.67
B-3 9,228.51 10,591.05 0.00 0.00 1,702,679.41
- -------------------------------------------------------------------------------
2,346,863.25 6,417,847.69 0.00 0.00 371,290,447.23
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 875.565722 8.426964 4.741880 13.168844 0.000000 867.138758
NB 844.082705 12.932499 4.571400 17.503899 0.000000 831.150206
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-1 990.201817 0.791761 5.362592 6.154353 0.000000 989.410056
M-2 990.201815 0.791759 5.362593 6.154352 0.000000 989.410056
M-3 990.201820 0.791760 5.362592 6.154352 0.000000 989.410060
B-1 990.201813 0.791759 5.362592 6.154351 0.000000 989.410054
B-2 990.201813 0.791763 5.362596 6.154359 0.000000 989.410050
B-3 990.201828 0.791758 5.362595 6.154353 0.000000 989.410064
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:34:03 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 77,839.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,308.43
SUBSERVICER ADVANCES THIS MONTH 43,606.21
MASTER SERVICER ADVANCES THIS MONTH 2,828.68
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,594,633.67
(B) TWO MONTHLY PAYMENTS: 2 289,519.61
(C) THREE OR MORE MONTHLY PAYMENTS: 4 913,589.20
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 388,181.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 371,290,447.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,702
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 407,937.80
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,770,932.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.05636110 % 6.46836500 % 1.47527360 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.97568500 % 6.53405838 % 1.49025660 %
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 7.80363400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.56
POOL TRADING FACTOR: 86.31459820
................................................................................
Run: 12/23/99 08:32:48 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 97,820,777.72 6.500000 % 907,100.35
A-P 76110FZB2 32,286.88 30,572.52 0.000000 % 123.47
A-V 76110FZC0 0.00 0.00 0.754425 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,148,247.61 6.500000 % 11,245.96
M-2 76110FZF3 517,300.00 497,127.13 6.500000 % 1,775.80
M-3 76110FZG1 459,700.00 441,773.33 6.500000 % 1,578.07
B-1 76110FZH9 344,800.00 331,354.01 6.500000 % 1,183.64
B-2 76110FZJ5 229,800.00 220,838.59 6.500000 % 788.86
B-3 76110FZK2 344,884.43 331,435.18 6.500000 % 1,183.95
- -------------------------------------------------------------------------------
114,943,871.31 102,822,126.09 924,980.10
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 529,541.37 1,436,641.72 0.00 0.00 96,913,677.37
A-P 0.00 123.47 0.00 0.00 30,449.05
A-V 64,603.80 64,603.80 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 17,042.67 28,288.63 0.00 0.00 3,137,001.65
M-2 2,691.14 4,466.94 0.00 0.00 495,351.33
M-3 2,391.49 3,969.56 0.00 0.00 440,195.26
B-1 1,793.74 2,977.38 0.00 0.00 330,170.37
B-2 1,195.48 1,984.34 0.00 0.00 220,049.73
B-3 1,794.18 2,978.13 0.00 0.00 330,251.23
- -------------------------------------------------------------------------------
621,053.87 1,546,033.97 0.00 0.00 101,897,145.99
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 891.394834 8.265980 4.825462 13.091442 0.000000 883.128855
A-P 946.902271 3.824154 0.000000 3.824154 0.000000 943.078117
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-1 961.003544 3.432833 5.202280 8.635113 0.000000 957.570711
M-2 961.003538 3.432824 5.202281 8.635105 0.000000 957.570713
M-3 961.003546 3.432826 5.202284 8.635110 0.000000 957.570720
B-1 961.003509 3.432831 5.202262 8.635093 0.000000 957.570679
B-2 961.003438 3.432811 5.202263 8.635074 0.000000 957.570627
B-3 961.003603 3.432831 5.202264 8.635095 0.000000 957.570714
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:32:48 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS16 (POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4337
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,341.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,167.41
SUBSERVICER ADVANCES THIS MONTH 10,480.48
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 823,396.80
(B) TWO MONTHLY PAYMENTS: 2 281,257.41
(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 101,897,145.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,121
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 557,681.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.16421760 % 3.97615200 % 0.85963070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.13774400 % 3.99672454 % 0.86433680 %
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 7.58151353
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 161.24
POOL TRADING FACTOR: 88.64948155
................................................................................
Run: 12/23/99 08:34:04 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 6,196,048.21 6.500000 % 307,829.29
A-2 76110FZY2 100,000,000.00 82,129,651.82 6.500000 % 930,176.10
A-3 76110FZZ9 33,937,000.00 28,632,060.37 6.500000 % 276,129.37
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 200,070,000.00 179,077,074.49 6.500000 % 1,844,123.86
NB-1 76110FA78 73,215,000.00 62,593,931.12 6.500000 % 1,493,954.51
NB-2 76110FA86 2,000,000.00 2,000,000.00 6.500000 % 0.00
NB-3 76110FA94 4,725,000.00 4,725,000.00 6.500000 % 0.00
NB-4 76110FB28 4,735,000.00 4,735,000.00 6.500000 % 0.00
NB-5 76110FB36 2,800,000.00 2,800,000.00 6.500000 % 0.00
NB-6 76110FB44 2,664,000.00 2,664,000.00 6.500000 % 0.00
NB-7 76110FB51 10,000,000.00 10,000,000.00 6.500000 % 0.00
A-P 76110FB69 60,240.84 59,466.71 0.000000 % 68.47
A-V 76110FB77 0.00 0.00 0.957473 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,035,245.66 6.500000 % 15,253.59
M-2 76110FC27 7,062,000.00 6,998,849.61 6.500000 % 5,608.42
M-3 76110FC35 5,932,000.00 5,878,954.42 6.500000 % 4,711.01
B-1 76110FC43 3,389,000.00 3,358,694.61 6.500000 % 2,691.44
B-2 76110FC50 1,694,000.00 1,678,851.78 6.500000 % 1,345.32
B-3 76110FC68 2,259,938.31 2,239,851.33 6.500000 % 1,794.87
- -------------------------------------------------------------------------------
564,904,279.15 503,846,680.13 4,883,686.25
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 33,553.84 341,383.13 0.00 0.00 5,888,218.92
A-2 444,761.66 1,374,937.76 0.00 0.00 81,199,475.72
A-3 155,052.93 431,182.30 0.00 0.00 28,355,931.00
A-4 135,384.01 135,384.01 0.00 0.00 25,000,000.00
A-5 77,553.37 77,553.37 0.00 0.00 14,321,000.00
A-6 3,915.31 3,915.31 0.00 0.00 723,000.00
A-7 81,230.41 81,230.41 0.00 0.00 15,000,000.00
A-8 129,968.65 129,968.65 0.00 0.00 24,000,000.00
CB 969,769.02 2,813,892.88 0.00 0.00 177,232,950.63
NB-1 338,819.09 1,832,773.60 0.00 0.00 61,099,976.61
NB-2 10,825.94 10,825.94 0.00 0.00 2,000,000.00
NB-3 25,576.28 25,576.28 0.00 0.00 4,725,000.00
NB-4 25,630.42 25,630.42 0.00 0.00 4,735,000.00
NB-5 15,156.32 15,156.32 0.00 0.00 2,800,000.00
NB-6 14,420.15 14,420.15 0.00 0.00 2,664,000.00
NB-7 54,129.71 54,129.71 0.00 0.00 10,000,000.00
A-P 0.00 68.47 0.00 0.00 59,398.24
A-V 401,885.40 401,885.40 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 103,068.70 118,322.29 0.00 0.00 19,019,992.07
M-2 37,896.14 43,504.56 0.00 0.00 6,993,241.19
M-3 31,832.33 36,543.34 0.00 0.00 5,874,243.41
B-1 18,186.07 20,877.51 0.00 0.00 3,356,003.17
B-2 9,090.35 10,435.67 0.00 0.00 1,677,506.46
B-3 12,127.95 13,922.82 0.00 0.00 2,238,056.49
- -------------------------------------------------------------------------------
3,129,834.05 8,013,520.30 0.00 0.00 498,962,993.91
===============================================================================
Run: 12/23/99 08:34:04
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-1 511.647251 25.419429 2.770754 28.190183 0.000000 486.227822
A-2 821.296518 9.301761 4.447617 13.749378 0.000000 811.994757
A-3 843.682717 8.136529 4.568846 12.705375 0.000000 835.546189
A-4 1000.000000 0.000000 5.415361 5.415361 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415360 5.415360 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415360 5.415360 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415360 5.415360 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415360 5.415360 0.000000 1000.000000
CB 895.072097 9.217393 4.847149 14.064542 0.000000 885.854704
NB-1 854.933157 20.405033 4.627728 25.032761 0.000000 834.528124
NB-2 1000.000000 0.000000 5.412969 5.412969 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.412970 5.412970 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.412971 5.412971 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.412971 5.412971 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.412970 5.412970 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.412971 5.412971 0.000000 1000.000000
A-P 987.149416 1.136554 0.000000 1.136554 0.000000 986.012861
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 991.057722 0.794168 5.366205 6.160373 0.000000 990.263553
M-2 991.057719 0.794169 5.366206 6.160375 0.000000 990.263550
M-3 991.057724 0.794169 5.366206 6.160375 0.000000 990.263555
B-1 991.057719 0.794169 5.366205 6.160374 0.000000 990.263550
B-2 991.057721 0.794168 5.366205 6.160373 0.000000 990.263554
B-3 991.111713 0.794212 5.366498 6.160710 0.000000 990.317513
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:34:04 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 104,573.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,484.24
SUBSERVICER ADVANCES THIS MONTH 62,830.05
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 49 6,781,798.20
(B) TWO MONTHLY PAYMENTS: 9 1,054,176.13
(C) THREE OR MORE MONTHLY PAYMENTS: 5 465,766.10
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 297,636.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 498,962,993.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,756
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,480,616.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.20994880 % 6.33388100 % 1.44436750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.14001010 % 6.39074983 % 1.45733580 %
BANKRUPTCY AMOUNT AVAILABLE 212,158.00
FRAUD AMOUNT AVAILABLE 11,298,086.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,649,043.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.78557500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.90
POOL TRADING FACTOR: 88.32699845
................................................................................
Run: 12/23/99 08:33:12 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 22,764,546.74 6.500000 % 1,250,411.32
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,736,940.48 6.500000 % 19,562.20
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 15,860.50 0.000000 % 16.40
A-V 76110FD75 0.00 0.00 1.064512 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,044,246.94 6.500000 % 7,152.27
M-2 76110FE25 3,360,700.00 3,325,128.62 6.500000 % 2,629.54
M-3 76110FE33 2,823,000.00 2,793,119.91 6.500000 % 2,208.83
B-1 76110FE41 1,613,200.00 1,596,125.06 6.500000 % 1,262.23
B-2 76110FE58 806,600.00 798,062.53 6.500000 % 631.12
B-3 76110FE66 1,075,021.18 1,063,642.58 6.500000 % 841.14
- -------------------------------------------------------------------------------
268,851,631.00 241,628,703.36 1,284,715.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 123,275.81 1,373,687.13 0.00 0.00 21,514,135.42
A-2 135,381.37 135,381.37 0.00 0.00 25,000,000.00
A-3 133,956.83 153,519.03 0.00 0.00 24,717,378.28
A-4 13,404.61 13,404.61 0.00 0.00 2,475,344.00
A-5 75,949.11 75,949.11 0.00 0.00 14,025,030.00
A-6 725,593.51 725,593.51 0.00 0.00 133,990,656.00
A-P 0.00 16.40 0.00 0.00 15,844.10
A-V 214,291.23 214,291.23 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,976.90 56,129.17 0.00 0.00 9,037,094.67
M-2 18,006.41 20,635.95 0.00 0.00 3,322,499.08
M-3 15,125.46 17,334.29 0.00 0.00 2,790,911.08
B-1 8,643.43 9,905.66 0.00 0.00 1,594,862.83
B-2 4,321.71 4,952.83 0.00 0.00 797,431.41
B-3 5,759.90 6,601.04 0.00 0.00 1,062,801.44
- -------------------------------------------------------------------------------
1,522,686.28 2,807,401.33 0.00 0.00 240,343,988.31
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 459.676246 25.249103 2.489264 27.738367 0.000000 434.427143
A-2 1000.000000 0.000000 5.415255 5.415255 0.000000 1000.000000
A-3 989.415484 0.782439 5.357937 6.140376 0.000000 988.633045
A-4 1000.000000 0.000000 5.415251 5.415251 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415255 5.415255 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415255 5.415255 0.000000 1000.000000
A-P 966.524922 0.999402 0.000000 0.999402 0.000000 965.525521
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-1 989.415484 0.782438 5.357937 6.140375 0.000000 988.633046
M-2 989.415485 0.782438 5.357934 6.140372 0.000000 988.633047
M-3 989.415484 0.782441 5.357938 6.140379 0.000000 988.633043
B-1 989.415485 0.782439 5.357941 6.140380 0.000000 988.633046
B-2 989.415485 0.782445 5.357935 6.140380 0.000000 988.633040
B-3 989.415464 0.782440 5.357941 6.140381 0.000000 988.633024
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:12 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 50,231.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,325.42
SUBSERVICER ADVANCES THIS MONTH 43,808.95
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 4,592,077.42
(B) TWO MONTHLY PAYMENTS: 4 505,506.44
(C) THREE OR MORE MONTHLY PAYMENTS: 5 920,500.82
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 194,337.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 240,343,988.31
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,777
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 1,093,629.89
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.29332120 % 6.27553400 % 1.43114500 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.25825150 % 6.30367538 % 1.43765750 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,377,032.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,688,516.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.89391831
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.55
POOL TRADING FACTOR: 89.39651488
................................................................................
Run: 12/23/99 08:33:19 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 5,419,116.76 6.500000 % 1,520,963.71
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 120,567,543.66 6.500000 % 1,825,589.56
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 35,356.19 0.000000 % 8,972.76
A-V 76110FF81 0.00 0.00 1.036780 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,224,144.06 6.500000 % 7,873.23
M-2 76110FG31 3,861,100.00 3,833,780.98 6.500000 % 2,952.25
M-3 76110FG49 3,378,500.00 3,354,595.59 6.500000 % 2,583.25
B-1 76110FG56 1,930,600.00 1,916,940.13 6.500000 % 1,476.16
B-2 76110FG64 965,300.00 958,470.07 6.500000 % 738.08
B-3 76110FG72 1,287,113.52 1,278,006.61 6.500000 % 984.14
- -------------------------------------------------------------------------------
321,757,386.08 293,813,954.05 3,372,133.14
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 29,337.70 1,550,301.41 0.00 0.00 3,898,153.05
A-2 514,467.89 514,467.89 0.00 0.00 95,030,000.00
A-3 652,721.56 2,478,311.12 0.00 0.00 118,741,954.10
A-4 20,561.39 20,561.39 0.00 0.00 3,798,000.00
A-5 28,254.32 28,254.32 0.00 0.00 5,219,000.00
A-6 4,997.30 4,997.30 0.00 0.00 1,000,000.00
A-7 5,830.18 5,830.18 0.00 0.00 1,000,000.00
A-8 43,326.17 43,326.17 0.00 0.00 8,003,000.00
A-9 174,192.56 174,192.56 0.00 0.00 32,176,000.00
A-P 0.00 8,972.76 0.00 0.00 26,383.43
A-V 253,713.35 253,713.35 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,350.88 63,224.11 0.00 0.00 10,216,270.83
M-2 20,755.10 23,707.35 0.00 0.00 3,830,828.73
M-3 18,160.92 20,744.17 0.00 0.00 3,352,012.34
B-1 10,377.82 11,853.98 0.00 0.00 1,915,463.97
B-2 5,188.91 5,926.99 0.00 0.00 957,731.99
B-3 6,918.80 7,902.94 0.00 0.00 1,277,022.47
- -------------------------------------------------------------------------------
1,844,154.85 5,216,287.99 0.00 0.00 290,441,820.91
===============================================================================
Run: 12/23/99 08:33:19
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-1 300.244709 84.268586 1.625447 85.894033 0.000000 215.976123
A-2 1000.000000 0.000000 5.413742 5.413742 0.000000 1000.000000
A-3 888.309206 13.450452 4.809077 18.259529 0.000000 874.858754
A-4 1000.000000 0.000000 5.413741 5.413741 0.000000 1000.000000
A-5 1000.000000 0.000000 5.413742 5.413742 0.000000 1000.000000
A-6 1000.000000 0.000000 4.997300 4.997300 0.000000 1000.000000
A-7 1000.000000 0.000000 5.830180 5.830180 0.000000 1000.000000
A-8 1000.000000 0.000000 5.413741 5.413741 0.000000 1000.000000
A-9 1000.000000 0.000000 5.413742 5.413742 0.000000 1000.000000
A-P 991.131278 251.531149 0.000000 251.531149 0.000000 739.600130
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-1 992.924547 0.764614 5.375438 6.140052 0.000000 992.159933
M-2 992.924550 0.764614 5.375437 6.140051 0.000000 992.159936
M-3 992.924549 0.764614 5.375439 6.140053 0.000000 992.159935
B-1 992.924547 0.764612 5.375438 6.140050 0.000000 992.159935
B-2 992.924552 0.764612 5.375438 6.140050 0.000000 992.159940
B-3 992.924548 0.764610 5.375439 6.140049 0.000000 992.159935
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:20 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2 (POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4362
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 60,823.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,464.57
SUBSERVICER ADVANCES THIS MONTH 52,891.77
MASTER SERVICER ADVANCES THIS MONTH 759.39
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 5,256,916.15
(B) TWO MONTHLY PAYMENTS: 9 981,554.59
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,126,630.07
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 290,441,820.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,171
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 101,692.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,145,879.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.65911890 % 5.92709000 % 1.41379150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.57982620 % 5.99056701 % 1.42906260 %
BANKRUPTCY AMOUNT AVAILABLE 115,826.00
FRAUD AMOUNT AVAILABLE 6,435,148.00
SPECIAL HAZARD AMOUNT AVAILABLE 32,175,740.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86617798
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.95
POOL TRADING FACTOR: 90.26733603
................................................................................
Run: 12/23/99 08:33:21 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 167,033,000.00 152,010,478.34 6.500000 % 2,179,329.25
A-2 76110FJ46 9,013,000.00 9,013,000.00 6.500000 % 0.00
A-3 76110FJ53 25,854,000.00 25,854,000.00 6.500000 % 0.00
A-4 76110FJ61 45,000,000.00 41,616,013.61 6.500000 % 490,917.62
A-5 76110FJ79 60,600,000.00 44,357,296.98 6.500000 % 2,356,341.94
A-6 76110FJ87 100,000,000.00 100,000,000.00 6.500000 % 0.00
A-7 76110FJ95 20,000,000.00 20,000,000.00 6.500000 % 0.00
A-8 76110FK28 47,527,000.00 47,246,499.58 6.500000 % 38,267.47
A-P 76110FK36 12,443.31 12,076.83 0.000000 % 13.53
A-V 76110FK44 0.00 0.00 1.017832 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,205,588.12 6.500000 % 12,578.47
M-2 76110FK77 6,113,300.00 6,077,219.82 6.500000 % 4,717.02
M-3 76110FK85 5,349,000.00 5,317,430.65 6.500000 % 4,127.29
B-1 76110FK93 3,056,500.00 3,038,460.80 6.500000 % 2,358.40
B-2 76110FL27 1,528,300.00 1,519,280.10 6.500000 % 1,179.24
B-3 76110FL35 2,037,744.61 2,025,717.99 6.500000 % 1,572.32
- -------------------------------------------------------------------------------
509,426,187.92 474,293,062.82 5,091,402.55
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 822,946.42 3,002,275.67 0.00 0.00 149,831,149.09
A-2 48,794.11 48,794.11 0.00 0.00 9,013,000.00
A-3 139,967.04 139,967.04 0.00 0.00 25,854,000.00
A-4 225,298.60 716,216.22 0.00 0.00 41,125,095.99
A-5 240,139.22 2,596,481.16 0.00 0.00 42,000,955.04
A-6 541,374.80 541,374.80 0.00 0.00 100,000,000.00
A-7 108,274.96 108,274.96 0.00 0.00 20,000,000.00
A-8 255,780.64 294,048.11 0.00 0.00 47,208,232.11
A-P 0.00 13.53 0.00 0.00 12,063.30
A-V 402,075.40 402,075.40 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,732.97 100,311.44 0.00 0.00 16,193,009.65
M-2 32,900.53 37,617.55 0.00 0.00 6,072,502.80
M-3 28,787.23 32,914.52 0.00 0.00 5,313,303.36
B-1 16,449.46 18,807.86 0.00 0.00 3,036,102.40
B-2 8,225.00 9,404.24 0.00 0.00 1,518,100.86
B-3 10,966.73 12,539.05 0.00 0.00 1,986,018.79
- -------------------------------------------------------------------------------
2,969,713.11 8,061,115.66 0.00 0.00 469,163,533.39
===============================================================================
Run: 12/23/99 08:33:21
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-1 910.062553 13.047298 4.926849 17.974147 0.000000 897.015255
A-2 1000.000000 0.000000 5.413748 5.413748 0.000000 1000.000000
A-3 1000.000000 0.000000 5.413748 5.413748 0.000000 1000.000000
A-4 924.800302 10.909280 5.006636 15.915916 0.000000 913.891022
A-5 731.968597 38.883530 3.962693 42.846223 0.000000 693.085067
A-6 1000.000000 0.000000 5.413748 5.413748 0.000000 1000.000000
A-7 1000.000000 0.000000 5.413748 5.413748 0.000000 1000.000000
A-8 994.098083 0.805173 5.381796 6.186969 0.000000 993.292910
A-P 970.548029 1.087331 0.000000 1.087331 0.000000 969.460698
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 994.098082 0.771600 5.381796 6.153396 0.000000 993.326482
M-2 994.098085 0.771600 5.381795 6.153395 0.000000 993.326485
M-3 994.098084 0.771600 5.381797 6.153397 0.000000 993.326484
B-1 994.098086 0.771602 5.381796 6.153398 0.000000 993.326485
B-2 994.098083 0.771602 5.381797 6.153399 0.000000 993.326480
B-3 994.098073 0.771598 5.381798 6.153396 0.000000 974.616141
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:22 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3 (POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4363
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 98,216.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 16,378.28
SUBSERVICER ADVANCES THIS MONTH 70,923.24
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 64 7,518,217.59
(B) TWO MONTHLY PAYMENTS: 8 1,458,917.09
(C) THREE OR MORE MONTHLY PAYMENTS: 5 617,200.77
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 449,657.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 469,163,533.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,034
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 4,707,243.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.79252210 % 5.81938500 % 1.38809250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.72750060 % 5.87829485 % 1.39405340 %
BANKRUPTCY AMOUNT AVAILABLE 181,971.00
FRAUD AMOUNT AVAILABLE 10,188,524.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,094,262.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.84421956
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.61
POOL TRADING FACTOR: 92.09646942
................................................................................
Run: 12/23/99 08:33:24 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 200,000,000.00 185,440,188.81 6.250000 % 1,280,386.03
A-P 76110FH22 33,549.74 31,803.51 0.000000 % 221.38
A-V 76110FH30 0.00 0.00 0.898113 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,711,563.81 6.250000 % 19,999.08
M-2 76110FH63 942,600.00 917,877.71 6.250000 % 3,213.96
M-3 76110FH71 942,600.00 917,877.71 6.250000 % 3,213.96
B-1 76110FH89 628,400.00 611,918.49 6.250000 % 2,142.64
B-2 76110FH97 523,700.00 509,964.51 6.250000 % 1,785.64
B-3 76110FJ20 523,708.79 509,973.13 6.250000 % 1,785.67
- -------------------------------------------------------------------------------
209,460,058.53 194,651,167.68 1,312,748.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 965,372.54 2,245,758.57 0.00 0.00 184,159,802.78
A-P 0.00 221.38 0.00 0.00 31,582.13
A-V 145,612.72 145,612.72 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 29,733.51 49,732.59 0.00 0.00 5,691,564.73
M-2 4,778.32 7,992.28 0.00 0.00 914,663.75
M-3 4,778.32 7,992.28 0.00 0.00 914,663.75
B-1 3,185.56 5,328.20 0.00 0.00 609,775.85
B-2 2,654.80 4,440.44 0.00 0.00 508,178.87
B-3 2,654.84 4,440.51 0.00 0.00 508,187.46
- -------------------------------------------------------------------------------
1,158,770.61 2,471,518.97 0.00 0.00 193,338,419.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 927.200944 6.401930 4.826863 11.228793 0.000000 920.799014
A-P 947.951012 6.598561 0.000000 6.598561 0.000000 941.352452
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-1 973.772259 3.409670 5.069306 8.478976 0.000000 970.362589
M-2 973.772236 3.409675 5.069298 8.478973 0.000000 970.362561
M-3 973.772236 3.409675 5.069298 8.478973 0.000000 970.362561
B-1 973.772263 3.409675 5.069319 8.478994 0.000000 970.362588
B-2 973.772217 3.409662 5.069314 8.478976 0.000000 970.362555
B-3 973.772333 3.409662 5.069306 8.478968 0.000000 970.362670
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4 (POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4364
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 40,481.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,003.02
SUBSERVICER ADVANCES THIS MONTH 20,837.65
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,137,140.38
(B) TWO MONTHLY PAYMENTS: 1 59,850.93
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 23,471.86
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 193,338,419.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,973
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 631,161.89
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.28352410 % 3.87799000 % 0.83848600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.26812680 % 3.89001434 % 0.84122330 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,189,201.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,094,601.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.47674773
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 164.60
POOL TRADING FACTOR: 92.30323942
................................................................................
Run: 12/23/99 08:38:02 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 166,515,517.00 157,848,532.95 7.250000 % 890,468.00
CB-P 76110FL68 12,334,483.00 11,692,484.16 0.000000 % 65,960.59
NB-1 76110FL76 36,987,960.00 31,847,254.63 6.750000 % 632,725.56
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 15,432,291.84 6.750000 % 746,807.89
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 246,711.47 0.000000 % 362.45
A-V 76110FM59 0.00 0.00 0.798544 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,571,992.42 6.750000 % 7,183.59
M-2 76110FM83 3,848,100.00 3,828,777.07 6.750000 % 2,873.42
M-3 76110FM91 3,256,100.00 3,239,749.75 6.750000 % 2,431.37
B-1 76110FN25 1,924,100.00 1,914,438.29 6.750000 % 1,436.75
B-2 76110FN33 888,100.00 883,640.48 6.750000 % 663.15
B-3 76110FN41 1,183,701.20 1,177,732.99 6.750000 % 896.44
- -------------------------------------------------------------------------------
296,006,355.96 275,382,646.05 2,351,809.21
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 953,513.00 1,843,981.00 0.00 0.00 156,958,064.95
CB-P 0.00 65,960.59 0.00 0.00 11,626,523.57
NB-1 179,105.38 811,830.94 0.00 0.00 31,214,529.07
NB-2 19,874.82 19,874.82 0.00 0.00 3,534,000.00
NB-3 54,094.54 54,094.54 0.00 0.00 9,618,710.00
NB-4 86,789.47 833,597.36 0.00 0.00 14,685,483.95
NB-5 138,045.80 138,045.80 0.00 0.00 24,546,330.00
A-P 0.00 362.45 0.00 0.00 246,349.02
A-V 183,222.41 183,222.41 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,831.83 61,015.42 0.00 0.00 9,564,808.83
M-2 21,532.62 24,406.04 0.00 0.00 3,825,903.65
M-3 18,219.99 20,651.36 0.00 0.00 3,237,318.38
B-1 10,766.59 12,203.34 0.00 0.00 1,913,001.54
B-2 4,969.50 5,632.65 0.00 0.00 882,977.33
B-3 6,623.44 7,519.88 0.00 0.00 1,176,836.55
- -------------------------------------------------------------------------------
1,730,589.39 4,082,398.60 0.00 0.00 273,030,836.84
===============================================================================
Run: 12/23/99 08:38:02
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-1 947.950892 5.347658 5.726271 11.073929 0.000000 942.603235
CB-P 947.950892 5.347657 0.000000 5.347657 0.000000 942.603234
NB-1 861.016791 17.106257 4.842262 21.948519 0.000000 843.910534
NB-2 1000.000000 0.000000 5.623888 5.623888 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.623887 5.623887 0.000000 1000.000000
NB-4 717.781016 34.735251 4.036720 38.771971 0.000000 683.045765
NB-5 1000.000000 0.000000 5.623888 5.623888 0.000000 1000.000000
A-P 991.387386 1.456485 0.000000 1.456485 0.000000 989.930901
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 994.978579 0.746712 5.595650 6.342362 0.000000 994.231867
M-2 994.978579 0.746711 5.595650 6.342361 0.000000 994.231868
M-3 994.978579 0.746712 5.595648 6.342360 0.000000 994.231866
B-1 994.978582 0.746713 5.595650 6.342363 0.000000 994.231869
B-2 994.978583 0.746706 5.595654 6.342360 0.000000 994.231877
B-3 994.958010 0.757319 5.595534 6.352853 0.000000 994.200693
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:38:02 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 56,980.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,621.76
SUBSERVICER ADVANCES THIS MONTH 39,936.57
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 4,175,911.68
(B) TWO MONTHLY PAYMENTS: 2 587,491.12
(C) THREE OR MORE MONTHLY PAYMENTS: 4 641,621.15
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 41,856.03
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 273,030,836.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,998
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,145,078.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.50685630 % 6.04269000 % 1.44374090 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.44794070 % 6.09016588 % 1.45639350 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,920,127.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,960,064.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86732800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.72
POOL TRADING FACTOR: 92.23816697
................................................................................
Run: 12/23/99 08:38:02 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 226,382,557.00 215,476,814.44 7.000000 % 1,421,358.57
CB-P 76110FN66 17,414,043.00 16,575,139.73 0.000000 % 109,335.28
NB-1 76110FN74 114,280,000.00 104,248,774.96 6.500000 % 1,133,018.82
NB-2 76110FN82 3,836,000.00 3,836,000.00 6.500000 % 0.00
NB-3 76110FN90 13,124,100.00 13,124,100.00 6.500000 % 0.00
A-P 76110FP23 47,335.68 47,059.40 0.000000 % 46.55
A-V 76110FP31 0.00 0.00 1.003174 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,815,710.48 6.500000 % 9,619.67
M-2 76110FP64 4,826,800.00 4,805,878.97 6.500000 % 3,607.37
M-3 76110FP72 4,223,400.00 4,205,094.32 6.500000 % 3,156.41
B-1 76110FP80 2,413,400.00 2,402,939.49 6.500000 % 1,803.68
B-2 76110FP98 1,206,800.00 1,201,569.31 6.500000 % 901.92
B-3 76110FQ22 1,608,966.42 1,601,983.08 6.500000 % 1,204.81
- -------------------------------------------------------------------------------
402,235,002.10 380,341,064.18 2,684,053.08
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,256,304.07 2,677,662.64 0.00 0.00 214,055,455.87
CB-P 0.00 109,335.28 0.00 0.00 16,465,804.45
NB-1 564,609.51 1,697,628.33 0.00 0.00 103,115,756.14
NB-2 20,775.70 20,775.70 0.00 0.00 3,836,000.00
NB-3 71,079.90 71,079.90 0.00 0.00 13,124,100.00
A-P 0.00 46.55 0.00 0.00 47,012.85
A-V 317,836.02 317,836.02 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,387.91 79,007.58 0.00 0.00 12,806,090.81
M-2 26,020.40 29,627.77 0.00 0.00 4,802,271.60
M-3 22,767.58 25,923.99 0.00 0.00 4,201,937.91
B-1 13,010.20 14,813.88 0.00 0.00 2,401,135.81
B-2 6,505.64 7,407.56 0.00 0.00 1,200,667.39
B-3 8,673.60 9,878.41 0.00 0.00 1,600,778.27
- -------------------------------------------------------------------------------
2,376,970.53 5,061,023.61 0.00 0.00 377,657,011.10
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 951.826047 6.278569 5.549474 11.828043 0.000000 945.547478
CB-P 951.826048 6.278570 0.000000 6.278570 0.000000 945.547479
NB-1 912.222392 9.914410 4.940580 14.854990 0.000000 902.307982
NB-2 1000.000000 0.000000 5.415980 5.415980 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415983 5.415983 0.000000 1000.000000
A-P 994.163388 0.983377 0.000000 0.983377 0.000000 993.180011
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 995.665655 0.747362 5.390818 6.138180 0.000000 994.918293
M-2 995.665652 0.747363 5.390818 6.138181 0.000000 994.918290
M-3 995.665653 0.747362 5.390818 6.138180 0.000000 994.918291
B-1 995.665654 0.747361 5.390818 6.138179 0.000000 994.918294
B-2 995.665653 0.747365 5.390819 6.138184 0.000000 994.918288
B-3 995.659735 0.748810 5.390790 6.139600 0.000000 994.910925
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:38:02 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6 (POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4376
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 78,925.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 17,394.07
SUBSERVICER ADVANCES THIS MONTH 76,743.40
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 8,047,877.07
(B) TWO MONTHLY PAYMENTS: 8 1,182,249.23
(C) THREE OR MORE MONTHLY PAYMENTS: 7 964,676.32
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 545,588.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 377,657,011.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,633
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 2,398,554.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.89150620 % 5.73871300 % 1.36890080 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.84635420 % 5.77516097 % 1.37776580 %
BANKRUPTCY AMOUNT AVAILABLE 150,055.00
FRAUD AMOUNT AVAILABLE 8,044,700.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,022,350.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.83047300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.99
POOL TRADING FACTOR: 93.88964390
................................................................................
Run: 12/23/99 08:33:35 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 260,286,000.00 244,221,770.83 6.750000 % 3,325,366.59
A-2 76110FQ48 15,420,000.00 15,014,804.44 6.750000 % 82,396.59
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 14,655,195.56 6.750000 % 0.00
A-P 76110FQ89 91,079.98 90,389.21 0.000000 % 100.47
A-V 76110FQ97 0.00 0.00 0.867523 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,923,174.80 6.750000 % 9,440.60
M-2 76110FR39 4,206,600.00 4,191,736.22 6.750000 % 3,062.13
M-3 76110FR47 3,680,500.00 3,667,495.17 6.750000 % 2,679.17
B-1 76110FR54 2,103,100.00 2,095,668.82 6.750000 % 1,530.92
B-2 76110FR62 1,051,600.00 1,047,884.22 6.750000 % 765.50
B-3 76110FR70 1,402,095.46 1,397,141.24 6.750000 % 1,020.63
- -------------------------------------------------------------------------------
350,510,075.44 334,355,260.51 3,426,362.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,373,099.32 4,698,465.91 0.00 0.00 240,896,404.24
A-2 84,418.42 166,815.01 0.00 0.00 14,932,407.85
A-3 197,063.23 197,063.23 0.00 0.00 35,050,000.00
A-4 0.00 0.00 82,396.59 0.00 14,737,592.15
A-P 0.00 100.47 0.00 0.00 90,288.74
A-V 241,603.27 241,603.27 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,658.56 82,099.16 0.00 0.00 12,913,734.20
M-2 23,567.40 26,629.53 0.00 0.00 4,188,674.09
M-3 20,619.93 23,299.10 0.00 0.00 3,664,816.00
B-1 11,782.58 13,313.50 0.00 0.00 2,094,137.90
B-2 5,891.57 6,657.07 0.00 0.00 1,047,118.72
B-3 7,855.21 8,875.84 0.00 0.00 1,396,120.61
- -------------------------------------------------------------------------------
2,038,559.49 5,464,922.09 82,396.59 0.00 331,011,294.50
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 938.282393 12.775818 5.275348 18.051166 0.000000 925.506575
A-2 973.722726 5.343488 5.474606 10.818094 0.000000 968.379238
A-3 1000.000000 0.000000 5.622346 5.622346 0.000000 1000.000000
A-4 1028.434776 0.000000 0.000000 0.000000 5.782217 1034.216993
A-P 992.415787 1.103096 0.000000 1.103096 0.000000 991.312690
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-1 996.466559 0.727936 5.602480 6.330416 0.000000 995.738623
M-2 996.466557 0.727935 5.602482 6.330417 0.000000 995.738623
M-3 996.466559 0.727936 5.602481 6.330417 0.000000 995.738623
B-1 996.466559 0.727935 5.602482 6.330417 0.000000 995.738624
B-2 996.466546 0.727938 5.602482 6.330420 0.000000 995.738608
B-3 996.466560 0.727939 5.602479 6.330418 0.000000 995.738628
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:35 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 69,360.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,380.73
SUBSERVICER ADVANCES THIS MONTH 39,849.06
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,971,589.31
(B) TWO MONTHLY PAYMENTS: 3 561,839.03
(C) THREE OR MORE MONTHLY PAYMENTS: 8 972,299.78
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 90,000.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 331,011,294.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,525
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 3,099,691.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.42424120 % 6.21734700 % 1.35841200 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.35328040 % 6.27387181 % 1.37113610 %
BANKRUPTCY AMOUNT AVAILABLE 134,666.00
FRAUD AMOUNT AVAILABLE 7,010,202.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,505,101.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.94261672
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.69
POOL TRADING FACTOR: 94.43702698
................................................................................
Run: 12/23/99 08:33:36 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8(POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4381
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FR88 100,048,000.00 96,561,976.36 6.500000 % 538,520.43
A-P 76110FR96 122,858.97 120,513.74 0.000000 % 493.54
A-V 76110FS20 0.00 0.00 0.689096 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,522,557.17 6.500000 % 8,425.36
M-2 76110FS53 575,400.00 566,187.93 6.500000 % 1,891.07
M-3 76110FS61 470,800.00 463,262.58 6.500000 % 1,547.30
B-1 76110FS79 313,900.00 308,874.51 6.500000 % 1,031.64
B-2 76110FS87 261,600.00 257,411.83 6.500000 % 859.76
B-3 76110FS95 261,601.59 257,413.39 6.500000 % 859.76
- -------------------------------------------------------------------------------
104,617,860.56 101,058,197.51 553,628.86
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 522,700.29 1,061,220.72 0.00 0.00 96,023,455.93
A-P 0.00 493.54 0.00 0.00 120,020.20
A-V 57,994.22 57,994.22 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,654.87 22,080.23 0.00 0.00 2,514,131.81
M-2 3,064.83 4,955.90 0.00 0.00 564,296.86
M-3 2,507.69 4,054.99 0.00 0.00 461,715.28
B-1 1,671.97 2,703.61 0.00 0.00 307,842.87
B-2 1,393.39 2,253.15 0.00 0.00 256,552.07
B-3 1,393.40 2,253.16 0.00 0.00 256,553.63
- -------------------------------------------------------------------------------
604,380.66 1,158,009.52 0.00 0.00 100,504,568.65
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 965.156488 5.382621 5.224495 10.607116 0.000000 959.773868
A-P 980.911202 4.017126 0.000000 4.017126 0.000000 976.894076
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-1 983.990158 3.286535 5.326443 8.612978 0.000000 980.703624
M-2 983.990146 3.286531 5.326434 8.612965 0.000000 980.703615
M-3 983.990187 3.286534 5.326444 8.612978 0.000000 980.703653
B-1 983.990156 3.286524 5.326442 8.612966 0.000000 980.703632
B-2 983.990176 3.286544 5.326414 8.612958 0.000000 980.703632
B-3 983.990158 3.286524 5.326420 8.612944 0.000000 980.703634
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:36 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8 (POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4381
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,032.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,705.26
SUBSERVICER ADVANCES THIS MONTH 5,607.63
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 498,320.26
(B) TWO MONTHLY PAYMENTS: 1 82,944.55
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 100,504,568.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,001
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 216,062.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.66494170 % 3.51901000 % 0.81604780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.65561370 % 3.52237117 % 0.81780370 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,046,179.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,387,236.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.50827000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 169.01
POOL TRADING FACTOR: 96.06826990
................................................................................
Run: 12/23/99 08:33:38 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 165,986,000.00 158,622,057.96 7.000000 % 2,080,455.52
A-2 76110FT37 10,215,000.00 9,985,731.17 7.000000 % 58,202.24
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 9,979,268.83 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 35,300,161.22 7.000000 % 480,237.21
A-P 76110FT78 469,164.61 467,118.86 0.000000 % 524.13
A-V 76110FT86 0.00 0.00 0.763989 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,668,424.18 7.000000 % 7,651.76
M-2 76110FU35 3,250,000.00 3,241,015.01 7.000000 % 2,324.57
M-3 76110FU43 2,843,700.00 2,835,838.28 7.000000 % 2,033.96
B-1 76110FU50 1,624,500.00 1,620,008.89 7.000000 % 1,161.93
B-2 76110FU68 812,400.00 810,154.03 7.000000 % 581.07
B-3 76110FU76 1,083,312.85 1,080,317.89 7.000000 % 774.82
- -------------------------------------------------------------------------------
270,813,177.46 261,691,096.32 2,633,947.21
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 925,133.78 3,005,589.30 0.00 0.00 156,541,602.44
A-2 58,239.93 116,442.17 0.00 0.00 9,927,528.93
A-3 157,944.92 157,944.92 0.00 0.00 27,081,000.00
A-4 0.00 0.00 58,202.24 0.00 10,037,471.07
A-5 205,881.66 686,118.87 0.00 0.00 34,819,924.01
A-P 0.00 524.13 0.00 0.00 466,594.73
A-V 166,578.41 166,578.41 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,221.60 69,873.36 0.00 0.00 10,660,772.42
M-2 18,902.62 21,227.19 0.00 0.00 3,238,690.44
M-3 16,539.50 18,573.46 0.00 0.00 2,833,804.32
B-1 9,448.40 10,610.33 0.00 0.00 1,618,846.96
B-2 4,725.07 5,306.14 0.00 0.00 809,572.96
B-3 6,300.75 7,075.57 0.00 0.00 1,079,543.07
- -------------------------------------------------------------------------------
1,631,916.64 4,265,863.85 58,202.24 0.00 259,115,351.35
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 955.635162 12.533922 5.573565 18.107487 0.000000 943.101240
A-2 977.555670 5.697723 5.701413 11.399136 0.000000 971.857947
A-3 1000.000000 0.000000 5.832315 5.832315 0.000000 1000.000000
A-4 1023.514752 0.000000 0.000000 0.000000 5.969461 1029.484212
A-5 954.058411 12.979384 5.564369 18.543753 0.000000 941.079027
A-P 995.639590 1.117156 0.000000 1.117156 0.000000 994.522434
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 997.235388 0.715251 5.816190 6.531441 0.000000 996.520137
M-2 997.235388 0.715252 5.816191 6.531443 0.000000 996.520135
M-3 997.235391 0.715251 5.816190 6.531441 0.000000 996.520139
B-1 997.235389 0.715254 5.816190 6.531444 0.000000 996.520135
B-2 997.235389 0.715251 5.816187 6.531438 0.000000 996.520138
B-3 997.235369 0.715250 5.816187 6.531437 0.000000 996.520137
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:38 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS9 (POOL # 4389)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4389
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 54,241.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,410.98
SUBSERVICER ADVANCES THIS MONTH 65,933.76
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 51 7,629,403.92
(B) TWO MONTHLY PAYMENTS: 6 773,273.49
(C) THREE OR MORE MONTHLY PAYMENTS: 6 663,241.36
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 259,115,351.35
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,896
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 2,387,976.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.24582730 % 6.41031400 % 1.34385860 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.17424030 % 6.45784478 % 1.35626520 %
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 8.07592627
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.32
POOL TRADING FACTOR: 95.68048120
................................................................................
Run: 12/23/99 08:33:38 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 268,170,000.00 258,220,802.04 7.250000 % 2,421,369.03
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,536,966.46 7.250000 % 22,391.91
A-P 76110FV67 1,164,452.78 1,153,807.24 0.000000 % 1,585.59
A-V 76110FV75 0.00 0.00 0.659454 % 0.00
R 76110FV83 100.00 0.00 7.250000 % 0.00
M-1 76110FV91 13,932,800.00 13,905,007.24 7.250000 % 9,569.41
M-2 76110FW25 4,232,700.00 4,224,256.73 7.250000 % 2,907.13
M-3 76110FW33 3,703,600.00 3,696,212.16 7.250000 % 2,543.73
B-1 76110FU84 2,116,400.00 2,112,178.27 7.250000 % 1,453.60
B-2 76110FU92 1,058,200.00 1,056,089.13 7.250000 % 726.80
B-3 76110FV26 1,410,899.63 1,408,085.21 7.250000 % 969.03
- -------------------------------------------------------------------------------
352,721,152.41 342,643,404.48 2,463,516.23
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,559,899.64 3,981,268.67 0.00 0.00 255,799,433.01
A-2 146,976.38 146,976.38 0.00 0.00 24,330,000.00
A-3 196,554.28 218,946.19 0.00 0.00 32,514,574.55
A-P 0.00 1,585.59 0.00 0.00 1,152,221.65
A-V 188,275.71 188,275.71 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 83,999.49 93,568.90 0.00 0.00 13,895,437.83
M-2 25,518.53 28,425.66 0.00 0.00 4,221,349.60
M-3 22,328.64 24,872.37 0.00 0.00 3,693,668.43
B-1 12,759.57 14,213.17 0.00 0.00 2,110,724.67
B-2 6,379.79 7,106.59 0.00 0.00 1,055,362.33
B-3 8,506.17 9,475.20 0.00 0.00 1,407,116.18
- -------------------------------------------------------------------------------
2,251,198.20 4,714,714.43 0.00 0.00 340,179,888.25
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 962.899661 9.029232 5.816831 14.846063 0.000000 953.870429
A-2 1000.000000 0.000000 6.040953 6.040953 0.000000 1000.000000
A-3 998.005229 0.686826 6.028903 6.715729 0.000000 997.318402
A-P 990.857903 1.361661 0.000000 1.361661 0.000000 989.496242
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-1 998.005228 0.686826 6.028902 6.715728 0.000000 997.318402
M-2 998.005228 0.686826 6.028901 6.715727 0.000000 997.318402
M-3 998.005227 0.686826 6.028902 6.715728 0.000000 997.318401
B-1 998.005231 0.686827 6.028903 6.715730 0.000000 997.318404
B-2 998.005226 0.686827 6.028908 6.715735 0.000000 997.318399
B-3 998.005230 0.686824 6.028898 6.715722 0.000000 997.318413
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:38 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS10 (POOL # 4390)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4390
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 72,202.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,914.04
SUBSERVICER ADVANCES THIS MONTH 66,269.13
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 57 7,025,426.43
(B) TWO MONTHLY PAYMENTS: 7 1,237,108.14
(C) THREE OR MORE MONTHLY PAYMENTS: 3 749,655.60
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 340,179,888.25
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,581
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,227,520.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.26862870 % 6.39125700 % 1.34011480 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.21784480 % 6.41144777 % 1.34891740 %
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 8.20704645
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.80
POOL TRADING FACTOR: 96.44442527
................................................................................
Run: 12/23/99 08:38:04 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 131,664,000.00 130,683,927.75 7.500000 % 753,412.81
NB-1 76110FX81 57,150,000.00 55,836,702.64 7.500000 % 1,949,521.40
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 1,362,214.99 0.000000 % 1,501.11
A-V 76110FY49 0.00 0.00 0.636050 % 0.00
R 76110FY56 100.00 0.00 7.500000 % 0.00
M-1 76110FY64 8,041,000.00 8,030,836.63 7.500000 % 5,174.35
M-2 76110FY72 2,608,000.00 2,604,703.64 7.500000 % 1,678.24
M-3 76110FY80 2,282,000.00 2,279,115.68 7.500000 % 1,468.46
B-1 76110FY98 1,304,000.00 1,302,351.81 7.500000 % 839.12
B-2 76110FZ22 652,000.00 651,175.91 7.500000 % 419.56
B-3 76110FZ30 869,417.87 868,318.69 7.500000 % 559.02
- -------------------------------------------------------------------------------
217,318,364.92 215,002,347.74 2,714,574.07
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 816,412.48 1,569,825.29 0.00 0.00 129,930,514.94
NB-1 348,937.03 2,298,458.43 0.00 0.00 53,887,181.24
NB-2 24,890.73 24,890.73 0.00 0.00 3,983,000.00
NB-3 46,244.39 46,244.39 0.00 0.00 7,400,000.00
A-P 0.00 1,501.11 0.00 0.00 1,360,713.88
A-V 113,922.28 113,922.28 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 50,174.49 55,348.84 0.00 0.00 8,025,662.28
M-2 16,273.48 17,951.72 0.00 0.00 2,603,025.40
M-3 14,239.29 15,707.75 0.00 0.00 2,277,647.22
B-1 8,136.74 8,975.86 0.00 0.00 1,301,512.69
B-2 4,068.37 4,487.93 0.00 0.00 650,756.35
B-3 5,425.02 5,984.04 0.00 0.00 867,759.67
- -------------------------------------------------------------------------------
1,448,724.30 4,163,298.37 0.00 0.00 212,287,773.67
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 992.556263 5.722239 6.200727 11.922966 0.000000 986.834024
NB-1 977.020169 34.112360 6.105635 40.217995 0.000000 942.907808
NB-2 1000.000000 0.000000 6.249242 6.249242 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.249242 6.249242 0.000000 1000.000000
A-P 998.071535 1.099840 0.000000 1.099840 0.000000 996.971695
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-1 998.736056 0.643496 6.239832 6.883328 0.000000 998.092561
M-2 998.736058 0.643497 6.239831 6.883328 0.000000 998.092561
M-3 998.736056 0.643497 6.239829 6.883326 0.000000 998.092559
B-1 998.736051 0.643497 6.239831 6.883328 0.000000 998.092554
B-2 998.736058 0.643497 6.239831 6.883328 0.000000 998.092561
B-3 998.735729 0.643500 6.239830 6.883330 0.000000 998.092751
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:38:04 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 44,425.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,437.19
SUBSERVICER ADVANCES THIS MONTH 40,386.50
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,452,509.10
(B) TWO MONTHLY PAYMENTS: 5 778,142.34
(C) THREE OR MORE MONTHLY PAYMENTS: 1 33,979.40
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 212,287,773.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,582
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 2,575,822.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.63410760 % 6.00675100 % 1.31247240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.54416970 % 6.07964118 % 1.33696870 %
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 8.40300700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.72
POOL TRADING FACTOR: 97.68515134
................................................................................
Run: 12/23/99 08:38:05 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12(POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4395
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110FW41 74,644,000.00 73,730,710.70 7.000000 % 611,315.40
NB 76110FW58 25,183,000.00 23,908,978.69 7.000000 % 1,373,544.02
A-P 76110FW66 994,755.29 983,886.45 0.000000 % 3,761.47
A-V 76110FW74 0.00 0.00 0.531547 % 0.00
R 76110FW82 100.00 0.00 7.000000 % 0.00
M-1 76110FW90 3,503,000.00 3,481,585.85 7.000000 % 10,783.64
M-2 76110FX24 531,000.00 527,753.95 7.000000 % 1,634.63
M-3 76110FX32 477,700.00 474,779.78 7.000000 % 1,470.55
B-1 76110FX40 318,400.00 316,453.60 7.000000 % 980.16
B-2 76110FX57 212,300.00 211,002.19 7.000000 % 653.54
B-3 76110FX65 265,344.67 263,722.37 7.000000 % 813.28
- -------------------------------------------------------------------------------
106,129,599.96 103,898,873.58 2,004,956.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 429,455.55 1,040,770.95 0.00 0.00 73,119,395.30
NB 139,432.34 1,512,976.36 0.00 0.00 22,535,434.67
A-P 0.00 3,761.47 0.00 0.00 980,124.98
A-V 45,968.01 45,968.01 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,283.42 31,067.06 0.00 0.00 3,470,802.21
M-2 3,074.64 4,709.27 0.00 0.00 526,119.32
M-3 2,766.03 4,236.58 0.00 0.00 473,309.23
B-1 1,843.63 2,823.79 0.00 0.00 315,473.44
B-2 1,229.28 1,882.82 0.00 0.00 210,348.65
B-3 1,536.42 2,349.70 0.00 0.00 262,909.09
- -------------------------------------------------------------------------------
645,589.32 2,650,546.01 0.00 0.00 101,893,916.89
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 987.764733 8.189746 5.753383 13.943129 0.000000 979.574987
NB 949.409470 54.542510 5.536764 60.079274 0.000000 894.866961
A-P 989.073856 3.781298 0.000000 3.781298 0.000000 985.292557
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-1 993.886911 3.078401 5.790300 8.868701 0.000000 990.808510
M-2 993.886911 3.078399 5.790282 8.868681 0.000000 990.808512
M-3 993.886916 3.078396 5.790308 8.868704 0.000000 990.808520
B-1 993.886935 3.078392 5.790295 8.868687 0.000000 990.808543
B-2 993.886905 3.078380 5.790297 8.868677 0.000000 990.808526
B-3 993.886065 3.078411 5.790280 8.868691 0.000000 990.821058
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:38:05 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,384.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,768.96
SUBSERVICER ADVANCES THIS MONTH 8,687.96
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 907,069.00
(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 101,893,916.89
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 993
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 1,682,827.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.87412100 % 4.31585000 % 0.76148870 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.78865890 % 4.38714194 % 0.78158910 %
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 7.77430300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 172.71
POOL TRADING FACTOR: 96.00895219
................................................................................
Run: 12/23/99 08:38:05 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 158,406,900.00 157,923,960.94 8.000000 % 1,348,111.47
CB-P 76110FZ55 5,109,900.00 5,094,321.32 0.000000 % 43,487.47
NB 76110FZ63 86,842,100.00 86,276,873.77 7.750000 % 1,727,414.64
A-P 76110FZ71 1,432,398.79 1,425,395.21 0.000000 % 1,960.15
A-V 76110FZ89 0.00 0.00 0.547867 % 0.00
R 76110FZ97 100.00 0.00 7.750000 % 0.00
M-1 76110F2A0 11,328,000.00 11,320,994.30 7.750000 % 25,092.52
M-2 76110F2B8 3,411,900.00 3,409,789.94 7.750000 % 7,557.66
M-3 76110F2C6 2,866,000.00 2,864,227.55 7.750000 % 6,348.44
B-1 76110F2D4 1,637,700.00 1,636,687.18 7.750000 % 3,627.65
B-2 76110F2E2 818,900.00 818,393.56 7.750000 % 1,813.94
B-3 76110F2F9 1,091,849.28 1,091,173.85 7.750000 % 2,578.72
- -------------------------------------------------------------------------------
272,945,748.07 271,861,817.62 3,167,992.66
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,052,319.03 2,400,430.50 0.00 0.00 156,575,849.47
CB-P 0.00 43,487.47 0.00 0.00 5,050,833.85
NB 557,123.74 2,284,538.38 0.00 0.00 84,549,459.13
A-P 0.00 1,960.15 0.00 0.00 1,423,435.06
A-V 124,074.67 124,074.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,086.02 98,178.54 0.00 0.00 11,295,901.78
M-2 22,012.91 29,570.57 0.00 0.00 3,402,232.28
M-3 18,490.87 24,839.31 0.00 0.00 2,857,879.11
B-1 10,566.12 14,193.77 0.00 0.00 1,633,059.53
B-2 5,283.38 7,097.32 0.00 0.00 816,579.62
B-3 7,044.39 9,623.11 0.00 0.00 1,088,595.13
- -------------------------------------------------------------------------------
1,870,001.13 5,037,993.79 0.00 0.00 268,693,824.96
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 996.951275 8.510434 6.643139 15.153573 0.000000 988.440841
CB-P 996.951275 8.510435 0.000000 8.510435 0.000000 988.440840
NB 993.491334 19.891443 6.415365 26.306808 0.000000 973.599891
A-P 995.110593 1.368441 0.000000 1.368441 0.000000 993.742152
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-1 999.381559 2.215088 6.451803 8.666891 0.000000 997.166471
M-2 999.381559 2.215088 6.451804 8.666892 0.000000 997.166470
M-3 999.381560 2.215087 6.451804 8.666891 0.000000 997.166472
B-1 999.381560 2.215088 6.451804 8.666892 0.000000 997.166471
B-2 999.381561 2.215093 6.451801 8.666894 0.000000 997.166467
B-3 999.381389 2.215086 6.451797 8.666883 0.000000 997.019601
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:38:05 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS13 (POOL # 4405)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4405
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 56,150.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,326.51
SUBSERVICER ADVANCES THIS MONTH 62,620.17
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 6,424,229.27
(B) TWO MONTHLY PAYMENTS: 5 1,281,598.67
(C) THREE OR MORE MONTHLY PAYMENTS: 1 91,900.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 268,693,824.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,091
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 2,567,467.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 431,668.90
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.18253730 % 6.47204200 % 1.30443280 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.10752550 % 6.53383574 % 1.32384070 %
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 8.57691200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.48
POOL TRADING FACTOR: 98.44220944
................................................................................
Run: 12/23/99 08:33:42 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 138,880,000.00 138,880,000.00 7.500000 % 1,839,474.28
A-2 76110F2H5 27,776,000.00 27,776,000.00 6.017500 % 367,894.86
A-3 76110F2J1 0.00 0.00 2.982500 % 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 865,434.18 865,434.18 0.000000 % 1,602.29
A-V 76110F2N2 0.00 0.00 0.589180 % 0.00
R-I 76110F2P7 100.00 100.00 7.750000 % 100.00
R-II 76110F2Q5 100.00 100.00 7.750000 % 100.00
M-1 76110F2R3 8,698,000.00 8,698,000.00 7.750000 % 5,285.15
M-2 76110F2S1 2,718,000.00 2,718,000.00 7.750000 % 1,651.53
M-3 76110F2T9 2,391,800.00 2,391,800.00 7.750000 % 1,453.33
B-1 76110F2U6 1,413,400.00 1,413,400.00 7.750000 % 858.82
B-2 76110F2V4 652,300.00 652,300.00 7.750000 % 396.36
B-3 76110F2W2 869,779.03 869,779.03 7.750000 % 528.50
- -------------------------------------------------------------------------------
217,433,913.21 217,433,913.21 2,219,345.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 866,849.89 2,706,324.17 0.00 0.00 137,040,525.72
A-2 139,100.52 506,995.38 0.00 0.00 27,408,105.14
A-3 68,943.46 68,943.46 0.00 0.00 0.00
A-4 73,695.14 73,695.14 0.00 0.00 11,426,000.00
A-5 140,237.48 140,237.48 0.00 0.00 21,743,000.00
A-P 0.00 1,602.29 0.00 0.00 863,831.89
A-V 106,614.99 106,614.99 0.00 0.00 0.00
R-I 0.65 100.65 0.00 0.00 0.00
R-II 0.65 100.65 0.00 0.00 0.00
M-1 56,100.15 61,385.30 0.00 0.00 8,692,714.85
M-2 17,530.49 19,182.02 0.00 0.00 2,716,348.47
M-3 15,426.57 16,879.90 0.00 0.00 2,390,346.67
B-1 9,116.12 9,974.94 0.00 0.00 1,412,541.18
B-2 4,207.19 4,603.55 0.00 0.00 651,903.64
B-3 5,609.88 6,138.38 0.00 0.00 869,250.53
- -------------------------------------------------------------------------------
1,503,433.18 3,722,778.30 0.00 0.00 215,214,568.09
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 13.245063 6.241719 19.486782 0.000000 986.754938
A-2 1000.000000 13.245063 5.007939 18.253002 0.000000 986.754937
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 1000.000000 0.000000 6.449776 6.449776 0.000000 1000.000000
A-5 1000.000000 0.000000 6.449776 6.449776 0.000000 1000.000000
A-P 1000.000000 1.851429 0.000000 1.851429 0.000000 998.148571
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 1000.000000 1000.000000 6.500000 1006.500000 0.000000 0.000000
R-II 1000.000000 1000.000000 6.500000 1006.500000 0.000000 0.000000
M-1 1000.000000 0.607628 6.449776 7.057404 0.000000 999.392372
M-2 1000.000000 0.607627 6.449776 7.057403 0.000000 999.392373
M-3 1000.000000 0.607630 6.449774 7.057404 0.000000 999.392370
B-1 1000.000000 0.607627 6.449781 7.057408 0.000000 999.392373
B-2 1000.000000 0.607635 6.449778 7.057413 0.000000 999.392366
B-3 1000.000000 0.607626 6.449776 7.057402 0.000000 999.392374
_______________________________________________________________________________
DETERMINATION DATE 20-December-99
DISTRIBUTION DATE 27-December-99
Run: 12/23/99 08:33:42 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS14 (POOL # 4410)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4410
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 45,315.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,669.56
SUBSERVICER ADVANCES THIS MONTH 19,820.95
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,559,581.31
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 215,214,568.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,651
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 2,088,880.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.26882920 % 6.37572000 % 1.35545070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.19358630 % 6.41193118 % 1.36864250 %
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 8.63339492
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.96
POOL TRADING FACTOR: 98.97930130
................................................................................
