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)
July 25, 1997

RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
(Exact name of the registrant as specified in its
charter)

2-99554, 33-9518, 33-10349
33-20826, 33-26683, 33-31592
33-35340, 33-40243, 33-44591
33-49296, 33-49689, 33-52603,

          33-54227
           (Commission File Number)

  Delaware           333-4846            75-2006294
(State or other                       (I.R.S Employee
jurisdiction of                       Identification No.)
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 July 1997 distribution to holders of the following series of Conduit Mortgage Pass-Through Certificates.

Master Serviced by GMACM Pennsylvania

Series 1986-1
Series 1986-4

Master Serviced by Residential Funding Corporation

1986-12     RFM1
1986-15     RFM1
1987-1      RFM1
1987-3      RFM1
1987-4      RFM1
1987-S2     RFM1
1987-6      RFM1
1987-S5     RFM1
1987-S7     RFM1
1987-SA1    RFM1
1988-3A     RFM1
1988-3B     RFM1
1988-3C     RFM1
1988-4B     RFM1
1989-2      RFM1
1989-3A     RFM1
1989-3B     RFM1
1989-3C     RFM1
1989-SW1A   RFM1
1989-SW1B   RFM1
1989-S1     RFM1
1989-S2     RFM1
1989-SW2    RFM1
1989-4A     RFM1
1989-4B     RFM1
1989-S4     RFM1
1989-5A     RFM1
1989-5B     RFM1
1989-7      RFM1
1990-S1     RFM1
1990-2      RFM1
1990-3A     RFM1
1990-3B     RFM1
1990-3C     RFM1
1990-5      RFM1
1990-6      RFM1
1990-8      RFM1
1990-S14    RFM1
1990-R16    RFM1
1991-4      RFM1
1991-R9     RFM1
1991-S11    RFM1
1991-R13    RFM1
1991-R14    RFM1
1991-20     RFM1
1991-21A    RFM1
1991-21B    RFM1
1991-21C    RFM1
1991-25A    RFM1
1991-25B    RFM1
1991-S30    RFM1
1992-S1     RFM1
1992-S2     RFM1
1992-S3     RFM1
1992-S4     RFM1
1992-S5     RFM1
1992-S6     RFM1
1992-S7     RFM1
1992-S8     RFM1
1992-S9     RFM1
1992-S10    RFM1
1992-S11    RFM1
1992-S12    RFM1
1992-13     RFM1
1992-S14    RFM1
1992-S15    RFM1
1992-S16    RFM1
1992-17A    RFM1
1992-17B    RFM1
1992-17C    RFM1
1992-S18    RFM1
1992-S19    RFM1
1992-S20    RFM1
1992-S21    RFM1
1992-S23    RFM1
1992-S22    RFM1
1992-S25    RFM1
1992-S26    RFM1
1992-S27    RFM1
1992-S28    RFM1
1992-S29    RFM1
1992-S31    RFM1
1992-S32    RFM1
1992-S33    RFM1
1992-S34    RFM1
1992-S35    RFM1
1992-S36    RFM1
1992-S37    RFM1
1992-S38    RFM1
1992-S39    RFM1
1992-S40    RFM1
1992-S41    RFM1
1992-S42    RFM1
1992-S43    RFM1
1992-S44    RFM1
1993-S1     RFM1
1993-S2     RFM1
1993-S3     RFM1
1993-S4     RFM1
1993-S5     RFM1
1993-S6     RFM1
1993-S7     RFM1
1993-S8     RFM1
1993-S9     RFM1
1993-S10    RFM1
1993-S11    RFM1
1993-S12    RFM1
1993-S13    RFM1
1993-MZ1    RFM1
1987-S1     RFM1
1989-4C     RFM1
1989-4D     RFM1
1989-4E     RFM1
1993-S14    RFM1
1993-S15    RFM1
1993-19     RFM1
1993-S16    RFM1
1993-S17    RFM1
1993-S18    RFM1
1993-MZ2    RFM1
1993-S20    RFM1
1993-S21    RFM1
1993-S22    RFM1
1993-S23    RFM1
1993-S27    RFM1
1993-S24    RFM1
1993-S25    RFM1
1993-S26    RFM1
1993-S28    RFM1
1993-S29    RFM1
1993-S30    RFM1
1993-S33    RFM1
1993-MZ3    RFM1
1993-S31    RFM1
1993-S32    RFM1
1993-S34    RFM1
1993-S38    RFM1
1993-S41    RFM1
1993-S35    RFM1
1993-S36    RFM1
1993-S37    RFM1
1993-S39    RFM1
1993-S42    RFM1
1993-S40    RFM1
1993-S43    RFM1
1993-S44    RFM1
1993-S46    RFM1
1993-S45    RFM1
1993-S47    RFM1
1993-S48    RFM1
1993-S49    RFM1
1994-S1     RFM1
1994-S2     RFM1
1994-S3     RFM1
1994-S5     RFM1
1994-S6     RFM1
1994-RS4    RFM1
1994-S7     RFM1
1994-S8     RFM1
1994-S9     RFM1
1994-S10    RFM1
1994-S11    RFM1
1994-S12    RFM1
1994-S13    RFM1
1994-S14    RFM1
1994-S15    RFM1
1994-S16    RFM1
1994-MZ1    RFM1
1994-S17    RFM1
1994-S18    RFM1
1994-S19    RFM1
1994-S20    RFM1
1995-S1     RFM1
1995-S2     RFM1
1995-S3     RFM1
1995-S4     RFM1
1995-S6     RFM1
1995-S7     RFM1
1995-S8     RFM1
1995-R5     RFM1
1995-S9     RFM1
1995-S10    RFM1
1995-S11    RFM1
1995-S12    RFM1
1995-S13    RFM1
1995-S14    RFM1
1995-S15    RFM1
1995-S16    RFM1
1995-S17    RFM1
1995-S18    RFM1
1995-S19    RFM1
1995-S21    RFM1
1996-S3     RFM1
1996-S1     RFM1
1996-S2     RFM1
1996-S4     RFM1
1996-S5     RFM1
1996-S6     RFM1
1996-S7     RFM1
1996-S8     RFM1
1996-S9     RFM1
1996-S11    RFM1
1996-S12    RFM1
1996-S10    RFM1
1996-S13    RFM1
1996-S14    RFM1
1996-S15    RFM1
1996-S16    RFM1
1996-S17    RFM1
1996-S18    RFM1
1996-S19    RFM1
1996-S20    RFM1
1996-S21    RFM1
1996-S22    RFM1
1996-S23    RFM1
1995-R20    RFM1
1996-S24    RFM1
1996-S25    RFM1
1997-S1     RFM1
1997-S2     RFM1
1997-S3     RFM1
1997-S4     RFM1
1997-S5     RFM1
1997-S6     RFM1
1997-S7     RFM1
1997-S8     RFM1
1997-QPCR1  RFM1

Item 7. Financial Statements and Exhibits
(a) See attached monthly reports

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed onits behalf by the undersigned thereunto duly authorized.

RESIDENTIAL FUNDING MORTGAGE
SECURITIES I, INC.

   By:  /s/Davee Olson


 Name:  Davee Olson
Title:  Executive Vice President and
        Chief Financial Officer


Dated: July 25, 1997


GMAC MORTGAGE CORPORATION
100WITMER ROAD, P.O.BOX 963
HORHSAM, PA 19044-0963
SERIES 1986-1 HF
PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3504                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    NON CALIFORNIA LOANS:     3,337,946.79
CERTIFICATE NUMBER OF UNITS:  0001      SPECIAL HAZARD INSURANCE: 1,000,000.00
                                        BANKRUPTCY BOND:            344,787.59

SCHEDULED INSTALLMENTS OF:     07/01/97
        GROSS INTEREST RATE:  12.22521
          NET INTEREST RATE:  10.000000
        TOTAL NUMBER OF LOANS:       9
REPORT DATE: 07/25/97


***SECTION 1***REMITTANCE DATA             POOL TOTAL    PER UNIT  CERT TOTAL

GROSS INTEREST                             14,419.87    14,419.87    14,419.87
    LESS SERVICE FEE                        2,625.21     2,625.21     2,625.21
NET INTEREST                               11,794.66    11,794.66    11,794.66
PAYOFF NET INTEREST                             0.00         0.00         0.00
   PLUS REO NET INT GAIN                        0.00         0.00         0.00
   LESS REO REIMBURSEMENT                       0.00         0.00         0.00
PRINCIPAL INSTALLMENT                       1,780.30     1,780.30     1,780.30
  ADDITIONAL PRINCIPAL                          0.00         0.00         0.00
  PAYOFF PRINCIPAL                              0.00         0.00         0.00
  REO PRINCIPAL                                 0.00         0.00         0.00
      ADJUSTMENT + OR-                          0.00         0.00         0.00
        TOTAL REMITTANCE                   13,574.96    13,574.96    13,574.96


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE         1,415,423.07 1,415,423.07 1,415,423.07
    LESS PAYOFF PRINCIPAL BALANCE               0.00         0.00         0.00
2)  LESS REO BALANCE REMOVAL                    0.00         0.00         0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00         0.00         0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION      1,415,423.07 1,415,423.07 1,415,423.07
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    1,780.30     1,780.30     1,780.30
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.00         0.00         0.00
    PAYOFF PRINCIPAL                            0.00         0.00         0.00
    REO PRINCIPAL                               0.00         0.00         0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00         0.00         0.00
3)  TOTAL PRINCIPAL REMITTANCE              1,780.30     1,780.30     1,780.30
ENDING PRINCIPAL BALANCE                1,413,642.77 1,413,642.77 1,413,642.77

***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              1
  PRINCIPAL                      162.27         0.00         0.00         0.00
  INTEREST                                  1,227.90     1,227.90     1,227.90
60-89 DAYS              0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
FORECLOSURE             1
  PRINCIPAL                   11,058.18         0.00         0.00         0.00
  INTEREST                                123,449.82   123,449.82   123,449.82
REO                     0
  PRINICPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           2     11,220.45   124,677.72   124,677.72   124,677.72

***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00         0.00         0.00
SERVICE FEE                                     0.00         0.00         0.00
PRINCIPAL                                       0.00         0.00         0.00
TOTAL NOT ADVANCED                              0.00         0.00         0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
         THROUGH DEPARTMENT (215-682-1909)
-------------------------------------------------------------------------------


GMAC MORTGAGE CORPORATION
100 WITMER ROAD, P.O.BOX 963
HORSHAM, PA 19044-0963
SERIES 1986-4 HL
PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3506                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    NON CALIFORNIA LOANS:     6,711,109.51
CERTIFICATE NUMBER OF UNITS:  0001      SPECIAL HAZARD INSURANCE:   368,860.56
                                        BANKRUPTCY BOND:            342,969.66

SCHEDULED INSTALLMENTS OF:     07/01/97
        GROSS INTEREST RATE:  12.40476
          NET INTEREST RATE:  10.25
        TOTAL NUMBER OF LOANS:       6
REPORT DATE: 07/25/97


***SECTION 1***REMITTANCE DATA             POOL TOTAL    PER UNIT  CERT TOTAL

GROSS INTEREST                              6,006.51     6,006.51     6,006.51
    LESS SERVICE FEE                        1,043.35     1,043.35     1,043.35
NET INTEREST                                4,963.16     4,963.16     4,963.16
PAYOFF NET INTEREST                             0.00         0.00         0.00
   PLUS REO NET INT GAIN                        0.00         0.00         0.00
   LESS REO REIMBURSEMENT                       0.00         0.00         0.00
PRINCIPAL INSTALLMENT                         740.49       740.49       740.49
  ADDITIONAL PRINCIPAL                          0.00         0.00         0.00
  PAYOFF PRINCIPAL                              0.00         0.00         0.00
  REO PRINCIPAL                                 0.00         0.00         0.00
      ADJUSTMENT + OR-                          0.00         0.00         0.00
        TOTAL REMITTANCE                    5,703.65     5,703.65     5,703.65


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           581,052.43   581,052.43   581,052.43
    LESS PAYOFF PRINCIPAL BALANCE               0.00         0.00         0.00
2)  LESS REO BALANCE REMOVAL                    0.00         0.00         0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00         0.00         0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION        581,052.43   581,052.43   581,052.43
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                      740.49       740.49       740.49
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.00         0.00         0.00
    PAYOFF PRINCIPAL                            0.00         0.00         0.00
    REO PRINCIPAL                               0.00         0.00         0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00         0.00         0.00
3)  TOTAL PRINCIPAL REMITTANCE                740.49       740.49       740.49
ENDING PRINCIPAL BALANCE                  580,311.94   580,311.94   580,311.94

***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
60-89 DAYS              0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            1
  PRINCIPAL                    1,966.02         0.00         0.00         0.00
  INTEREST                                 29,096.38    29,096.38    29,096.38
FORECLOSURE             0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
REO                     0
  PRINICPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           1      1,966.02    29,096.38    29,096.38    29,096.38

***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00         0.00         0.00
SERVICE FEE                                     0.00         0.00         0.00
PRINCIPAL                                       0.00         0.00         0.00
TOTAL NOT ADVANCED                              0.00         0.00         0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
          THROUGH DEPARTMENT (215-682-1909)
-------------------------------------------------------------------------------



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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1986-12  (POOL  3010)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3010

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      795483AN6   51,185,471.15        358,192.69      8.0000           665.70
STRIP                      0.00              0.00      1.4364             0.00

--------------------------------------------------------------------------------
                  51,185,471.15        358,192.69                       665.70
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
            2,387.95          0.00         3,053.65        0.00       357,526.99
STRIP         428.75          0.00           428.75        0.00             0.00

            2,816.70          0.00         3,482.40        0.00       357,526.99
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        6.997937   0.013006     0.046653      0.000000      0.059659    6.984931
STRIP   0.000000   0.000000     0.008376      0.000000      0.008376    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

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Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1986-12 (POOL 3010)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       74.62
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   134.32

    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
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                     357,526.99
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                           357,849.52

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                   2

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     100.00
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION              565.70

       MORTGAGE POOL INSURANCE                             3,273,620.71
       SPECIAL HAZARD LOSS COVERAGE                          973,995.52
       BANKRUPTCY BOND                                             0.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.1363%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000%

POOL TRADING FACTOR 0.006984931

................................................................................

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1986-15  (POOL  3014)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3014

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      795483AR7   50,250,749.71      1,109,395.07      8.0000         1,937.47
STRIP                      0.00              0.00      1.5597             0.00

--------------------------------------------------------------------------------
                  50,250,749.71      1,109,395.07                     1,937.47
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
            7,395.97          0.00         9,333.44        0.00     1,107,457.60
STRIP       1,441.97          0.00         1,441.97        0.00             0.00

            8,837.94          0.00        10,775.41        0.00     1,107,457.60
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       22.077184   0.038556     0.147181      0.000000      0.185737   22.038628
STRIP   0.000000   0.000000     0.028695      0.000000      0.028695    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

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Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1986-15 (POOL 3014)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      324.83
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   402.16

    SUBSERVICER ADVANCES THIS MONTH                                    2,910.20
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    137,659.16
      (B)  TWO MONTHLY PAYMENTS:                                1    165,093.76
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    128,359.06
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   1,107,457.60
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,110,623.30

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                   7

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            1,937.47

       MORTGAGE POOL INSURANCE                             2,914,650.07
       SPECIAL HAZARD LOSS COVERAGE                          718,071.50
       BANKRUPTCY BOND                                             0.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3461%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000%

POOL TRADING FACTOR 0.022038628

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-1  (POOL  3029)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3029

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      795483BA3   96,428,600.14      4,352,225.19      8.5000        75,351.04
STRIP                      0.00              0.00      0.9106             0.00

--------------------------------------------------------------------------------
                  96,428,600.14      4,352,225.19                    75,351.04
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           30,582.08          0.00       105,933.12        0.00     4,276,874.15
STRIP       3,288.75          0.00         3,288.75        0.00             0.00

           33,870.83          0.00       109,221.87        0.00     4,276,874.15
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       45.134174   0.781418     0.317147      0.000000      1.098565   44.352756
STRIP   0.000000   0.000000     0.034106      0.000000      0.034106    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-1 (POOL 3029)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,973.10
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,421.17

    SUBSERVICER ADVANCES THIS MONTH                                    4,318.29
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    310,704.77
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    140,667.05

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   4,276,874.15
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,289,268.04

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  31

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       68,569.30
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     425.53
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,356.21

       MORTGAGE POOL INSURANCE                             5,259,137.89
       SPECIAL HAZARD LOSS COVERAGE                          975,802.16
       BANKRUPTCY BOND                                       100,000.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3543%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000%

POOL TRADING FACTOR 0.044352756

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-3  (POOL  3028)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3028

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      795483AY2   99,525,248.34      2,096,971.40      6.5000         3,385.11
STRIP                      0.00              0.00      2.8919             0.00

--------------------------------------------------------------------------------
                  99,525,248.34      2,096,971.40                     3,385.11
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           11,358.60          0.00        14,743.71        0.00     2,093,586.29
STRIP       5,053.61          0.00         5,053.61        0.00             0.00

           16,412.21          0.00        19,797.32        0.00     2,093,586.29
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       21.069743   0.034013     0.114128      0.000000      0.148141   21.035730
STRIP   0.000000   0.000000     0.050777      0.000000      0.050777    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-3 (POOL 3028)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      757.99
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   674.00

    SUBSERVICER ADVANCES THIS MONTH                                    5,500.04
    MASTER SERVICER ADVANCES THIS MONTH                                1,447.89

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    395,579.04
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    176,138.97

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   2,093,586.29
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,950,669.33

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  11

    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             147,796.06

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     109.92
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,275.19

       MORTGAGE POOL INSURANCE                             7,415,287.39
       SPECIAL HAZARD LOSS COVERAGE                          976,420.16
       BANKRUPTCY BOND                                       100,000.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.2565%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5000%

POOL TRADING FACTOR 0.021035730

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-4  (POOL  3033)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3033

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      795483BB1  106,883,729.60      5,314,509.90      7.0000        15,222.92
STRIP                      0.00              0.00      1.9466             0.00

--------------------------------------------------------------------------------
                 106,883,729.60      5,314,509.90                    15,222.92
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           31,001.31          0.00        46,224.23        0.00     5,299,286.98
STRIP       8,620.94          0.00         8,620.94        0.00             0.00

           39,622.25          0.00        54,845.17        0.00     5,299,286.98
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       49.722347   0.142425     0.290047      0.000000      0.432472   49.579922
STRIP   0.000000   0.000000     0.080657      0.000000      0.080657    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-4 (POOL 3033)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,242.34
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,837.93

    SUBSERVICER ADVANCES THIS MONTH                                    6,838.85
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 4    738,964.71
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   5,299,286.98
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,308,240.01

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  31

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   5,227.11
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,995.81

       MORTGAGE POOL INSURANCE                             6,565,698.13
       SPECIAL HAZARD LOSS COVERAGE                          973,390.58
       BANKRUPTCY BOND                                       100,000.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.8679%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.0000%

POOL TRADING FACTOR 0.049579922

................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:15 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4000
SERIES:  1987-S1
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                             CLASS A       STRIP
CUSIP Number                          795483BD7               NA
Tot Principal and Interest Distr            9,122.55    3,468.11

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 1,554.92
Total Principal Prepayments                    23.17
Principal Payoffs-In-Full                       0.00
Principal Curtailments                         23.17
Principal Liquidations                          0.00
Scheduled Principal Due                     1,531.75

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  7,567.63    3,468.11
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Paid                  0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        117,952,531.57
Current Period BEGINNING Prin Bal       1,068,371.32
Current Period ENDING Prin Bal          1,066,816.40
Change in Principal Balance                 1,554.92

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.013183
Interest Distributed                        0.064158
Total Distribution                          0.077341
Total Principal Prepayments                 0.000196
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                 9.057638
ENDING Principal Balance                    9.044455

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   1.507098%
Subordinated Unpaid Amounts
Period Ending Class Percentages            38.689185%
Prepayment Percentages                     38.689185%
Trading Factors                             0.904446%
Certificate Denominations                      1,000
Sub-Servicer Fees                             378.74
Master Servicer Fees                          133.55
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Principal and Interest Distr           10,615.36       30.24      23,236.26

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 1,885.54                   3,440.46
Total Principal Prepayments                    36.71                      59.88
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                         36.71                      59.88
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,427.37                   3,959.12

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  8,729.82       30.24      19,795.80
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Paid                  0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          8,878,147.54             126,830,679.11
Current Period BEGINNING Prin Bal       1,693,049.80               2,761,421.12
Current Period ENDING Prin Bal          1,690,585.72               2,757,402.12
Change in Principal Balance                 2,464.08                   4,019.00

PER CERTIFICATE DATA BY CLASS
Principal Distributed                      53.094973
Interest Distributed                      245.823241
Total Distribution                        298.918213
Total Principal Prepayments                 1.033718
Current Period Interest Shortfall
BEGINNING Principal Balance               190.698543
ENDING Principal Balance                  190.420999

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.380000%   0.120000%
Subordinated Unpaid Amounts               593,280.72    3,324.70     596,605.42
Period Ending Class Percentages            61.310815%
Prepayment Percentages                     61.310815%
Trading Factors                            19.042100%                  2.174081%
Certificate Denominations                    250,000
Sub-Servicer Fees                             600.20                     978.94
Master Servicer Fees                          211.63                     345.18
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,268,306.80
Current Special Hazard Amount           1,268,306.80


                                              Unpaid      Number
POOL DELINQUENCY DATA                       Prin Bal    of Loans
Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         468,284.26           1
Tot Unpaid Principal on Delinq Loans      468,284.26           1
Loans in Foreclosure, INCL in Delinq      468,284.26           1
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments           21.6274%
Loans in Pool                                     17
Current Period Sub-Servicer Fee               978.94
Current Period Master Servicer Fee            345.18
Aggregate REO Losses                     (509,401.82)
................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-6  (POOL  3042)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3042

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920AD0  126,773,722.44      5,735,872.02      8.5000       147,995.95
STRIP                      0.00              0.00      0.3298             0.00

--------------------------------------------------------------------------------
                 126,773,722.44      5,735,872.02                   147,995.95
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           40,372.08          0.00       188,368.03        0.00     5,587,876.07
STRIP       1,557.04          0.00         1,557.04        0.00             0.00

           41,929.12          0.00       189,925.07        0.00     5,587,876.07
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       45.244960   1.167402     0.318458      0.000000      1.485860   44.077558
STRIP   0.000000   0.000000     0.012282      0.000000      0.012282    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-6 (POOL 3042)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,528.83
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,077.50

    SUBSERVICER ADVANCES THIS MONTH                                      928.31
    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
      (D)  LOANS IN FORECLOSURE                                 1    103,470.13

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   5,587,876.07
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,598,359.66

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  32

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      131,124.62
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   6,732.04
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,139.29

       MORTGAGE POOL INSURANCE                             7,927,816.44
       SPECIAL HAZARD LOSS COVERAGE                        1,165,417.74
       BANKRUPTCY BOND                                       100,000.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.7942%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000%

POOL TRADING FACTOR 0.044077558

................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:21 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4004
SERIES:  1987-S5
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC

MASTER SERVICER: RESIDENTIAL FUNDING CORPORATION

CLASS A STRIP

CUSIP Number                          760920AH1               NA
Total Princ and Interest Distributed      116,779.06    1,245.00

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               103,045.83
Total Principal Prepayments                77,367.38
Principal Payoffs-In-Full                  71,637.64
Principal Curtailments                      5,729.74
Principal Liquidations                          0.00
Scheduled Principal Due                    25,678.45

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 13,733.23    1,245.00
Prepayment Interest Shortfall                 110.20        1.67
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         72,064,664.88
Current Period BEGINNING Princ Balance  1,898,527.01
Current Period ENDING Princ Balance     1,795,481.18
Change in Principal Balance               103,045.83

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       1.429908
Interest Distributed                        0.190568
Total Distribution                          1.620476
Total Principal Prepayments                 1.073583
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                26.344770
ENDING Principal Balance                   24.914862

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.750000%   0.592606%
Subordinated Unpaid Amounts
Period Ending Class Percentages            75.306472%
Prepayment Percentages                     75.306472%
Trading Factors                             2.491486%
Certificate Denominations                      1,000
Sub-Servicer Fees                             521.14
Master Servicer Fees                          235.42
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       35,416.62       49.27     153,489.95

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                31,974.46                 135,020.29
Total Principal Prepayments                25,369.31                 102,736.69
Principal Payoffs-In-Full                  23,490.49                  95,128.13
Principal Curtailments                      1,878.82                   7,608.56
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     8,420.15                  34,098.60

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  3,442.16       49.27      18,469.66
Prepayment Interest Shortfall                  35.88        0.25         148.00
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          3,395,717.19              75,460,382.07
Current Period BEGINNING Princ Balance    622,540.53               2,521,067.54
Current Period ENDING Princ Balance       588,751.07               2,384,232.25
Change in Principal Balance                33,789.46                 136,835.29

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   2,354.028487
Interest Distributed                      253.419220
Total Distribution                      2,607.447707
Total Principal Prepayments             1,867.743144
Current Period Interest Shortfall
BEGINNING Principal Balance               183.331089
ENDING Principal Balance                  173.380478

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.690000%   0.060000%
Subordinated Unpaid Amounts               118,053.67      164.21     118,217.88
Period Ending Class Percentages            24.693528%
Prepayment Percentages                     24.693528%
Trading Factors                            17.338048%                  3.159581%
Certificate Denominations                    250,000
Sub-Servicer Fees                             170.88                     692.02
Master Servicer Fees                           77.20                     312.62
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,207,366.12
Current Special Hazard Amount             588,751.07

POOL DELINQUENCY DATA                  Unpaid Princ    Number of
                                          Balance          Loans

Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         148,013.98           2
Tot Unpaid Princ on Delinquent Loans      148,013.98           2
Loans in Foreclosure, INCL in Delinq      148,013.98           2
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Average Delinq 2+ Pmts             10.2886%

Loans in Pool                                     35
Curr Period Sub-Servicer Fee                  692.02
Curr Period Master Servicer Fee               312.62

Aggregate REO Losses                     (105,184.39)
................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:32 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4006
SERIES:  1987-S7
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC

MASTER SERVICER: RESIDENTIAL FUNDING CORPORATION

CLASS A STRIP

CUSIP Number                          760920AK4               NA
Total Princ and Interest Distributed       27,580.03      696.31

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 7,868.08
Total Principal Prepayments                 3,570.26
Principal Payoffs-In-Full                       0.00
Principal Curtailments                      3,570.26
Principal Liquidations                          0.00
Scheduled Principal Due                     4,297.82

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 19,711.95      696.31
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         95,187,665.32
Curr Period BEGINNING Princ Balance     2,628,259.44
Curr Period ENDING Princ Balance        2,620,391.36
Change in Principal Balance                 7,868.08

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.082659
Interest Distributed                        0.207085
Total Distribution                          0.289744
Total Principal Prepayments                 0.037508
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                27.611345
ENDING Principal Balance                   27.528686

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.000000%   0.209900%
Subordinated Unpaid Amounts
Period Ending Class Percentages            66.023163%
Prepayment Percentages                     66.023163%
Trading Factors                             2.752869%
Certificate Denominations                      1,000
Sub-Servicer Fees                             671.38
Master Servicer Fees                          273.78
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       14,184.61        8.62      42,469.57

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 4,049.07                  11,917.15
Total Principal Prepayments                 1,837.33                   5,407.59
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                      1,837.33                   5,407.59
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,211.74                   6,509.56

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 10,135.54        8.62      30,552.42
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          5,807,205.05             100,994,870.37
Curr Period BEGINNING Princ Balance     1,352,554.75               3,980,814.19
Curr Period ENDING Princ Balance        1,348,505.68               3,968,897.04
Change in Principal Balance                 4,049.07                  11,917.15

PER CERTIFICATE DATA BY CLASS

Principal Distributed                     174.312340
Interest Distributed                      436.334687
Total Distribution                        610.647027
Total Principal Prepayments                79.097000
Current Period Interest Shortfall
BEGINNING Principal Balance               232.909763
ENDING Principal Balance                  232.212513

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.980000%   0.020000%
Subordinated Unpaid Amounts               372,359.09      347.77     372,706.86
Period Ending Class Percentages            33.976837%
Prepayment Percentages                     33.976837%
Trading Factors                            23.221251%                  3.929801%
Certificate Denominations                    250,000
Sub-Servicer Fees                             345.51                   1,016.89
Master Servicer Fees                          140.89                     414.67
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,201,838.96
Current Special Hazard Amount           1,201,838.96
POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance          Loans
Loans Delinquent ONE Payment              187,733.65           2
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments               0.00           0
Total Unpaid Principal on Delinq Loans    187,733.65           2
Loans in Foreclosure, INCL in Delinq            0.00           0
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           4.6298%

Loans in Pool                                     29
Current Period Sub-Servicer Fee             1,016.89
Current Period Master Servicer Fee            414.67

Aggregate REO Losses                     (380,719.66)
................................................................................

CONDUIT SENIOR MORTGAGE PASS-THROUGH CERTIFICATES                   16-Jul-97
1987-SA1, CLASS A, 7.74870172% PASS-THROUGH RATE (POOL 4009)         03:16 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 21, 1997
DISTRIBUTION  DATE: JULY 25, 1997
ORIGINAL POOL BALANCE:            $43,895,323.25

BEGINNING POOL BALANCE                                          $3,094,507.93
ENDING POOL BALANCE                                             $3,043,327.15
PRINCIPAL DISTRIBUTIONS                                            $51,180.78

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                  $44,130.20
     PARTIAL PRINCIPAL PREPAYMENTS                   $1,504.50
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 05/01                    $5,546.08
                                                    $51,180.78

INTEREST DUE ON BEG POOL BALANCE                    $19,982.02
PREPAYMENT INTEREST SHORTFALL                          ($43.25)
                                                                   $19,938.77

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $71,119.55

UNPAID INTEREST SHORTFALL                                               $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $321.65

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               54.469071%

TOTAL PRINCIPAL PASS-THROUGH PER SINGLE CERTIFICATE              $1.165973416
TOTAL INTEREST PASS-THROUGH PER SINGLE CERTIFICATE               $0.454234495
TOTAL PRINCIPAL PREPAYMENT PASS-THROUGH PER SINGLE CERTIFICATE   $1.039625560

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,587,257.28

TRADING FACTOR                                                    0.069331467

NUMBER OF LOANS DELINQUENT ONE MONTH                                        1
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              1
NUMBER OF REO PROPERTIES                                                    0

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                      $64,944.09
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,124.43
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             16-Jul-97
1987-SA1, CLASS B, 7.71870172% PASS-THROUGH RATE (POOL 4009)         03:16 PM

RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER) RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 21, 1997
DISTRIBUTION  DATE: JULY 25, 1997
ORIGINAL POOL BALANCE:             $3,177,409.46

BEGINNING POOL BALANCE                                          $2,548,497.64
ENDING POOL BALANCE                                             $2,543,930.13
NET CHANGE TO PRINCIPAL BALANCE                                     $4,567.51

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 05/01                    $4,567.51
                                                                    $4,567.51

INTEREST DUE ON BEGINNING POOL BALANCE              $16,392.58
PREPAYMENT INTEREST SHORTFALL                          ($35.48)
LOSS ON LIQUIDATED MORTGAGE                              $0.00
                                                                   $16,357.10

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $20,924.61

PRINCIPAL DISTRIBUTION PER SINGLE CERTIFICATE                         $359.37
INTEREST DISTRIBUTION PER SINGLE CERTIFICATE                        $1,286.98

ESTIMATED UNPAID AMOUNT (AFTER TAKING INTO ACCOUNT
   CURRENT DISTRIBUTION)                                                $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $264.89

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               45.530929%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,587,257.28

NUMBER OF LOANS DELINQUENT ONE MONTH                                        1
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              1
NUMBER OF REO PROPERTIES                                                    0

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                      $64,944.09
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,124.43
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             16-Jul-97
1987-SA1, CLASS C, 0.03% PASS-THROUGH RATE (POOL 4009)               03:16 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 21, 1997
DISTRIBUTION  DATE: JULY 25, 1997
ORIGINAL POOL BALANCE:                     $0.00

BEGINNING POOL BALANCE                                                  $0.00
ENDING POOL BALANCE                                                     $0.00
PRINCIPAL DISTRIBUTIONS                                                 $0.00

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     SCHEDULED PAYMENTS DUE 05/01                        $0.00
                                                         $0.00
INTEREST DUE ON BEGINNING POOL BALANCE AFTER DEDUCTING
CURRENT MONTH CLASS C UNPAID INTEREST AMOUNT            $63.71
PREPAYMENT INTEREST SHORTFALL                           ($0.14)
LOSS ON LIQUIDATED MORTGAGE                              $0.00

TOTAL DISTRIBUTION DUE THIS PERIOD                                     $63.57

CLASS C UNPAID AMOUNT                                                   $0.00

ADVANCE BY MASTER SERVICER                                              $0.00

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE                0.000000%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,587,257.28

NUMBER OF LOANS DELINQUENT ONE MONTH                                        1
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              1
NUMBER OF REO PROPERTIES                                                    0

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                      $64,944.09
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,124.43
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

................................................................................

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3A  (POOL  3085)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3085

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920AW8   25,441,326.74      3,618,363.14      7.6474       105,809.86

--------------------------------------------------------------------------------
                  25,441,326.74      3,618,363.14                   105,809.86
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           22,563.82          0.00       128,373.68        0.00     3,512,553.28

           22,563.82          0.00       128,373.68        0.00     3,512,553.28
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      142.223838   4.158976     0.886896      0.000000      5.045872  138.064863

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3A (POOL 3085)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,100.31
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,083.10

    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
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   3,512,553.28
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         3,517,539.17

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  26

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       89,913.77
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  10,543.90
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,352.19

       LOC AMOUNT AVAILABLE                                1,786,561.39
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,013,592.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4899%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7498%

POOL TRADING FACTOR 0.138064863

................................................................................

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3B  (POOL  3086)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3086

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920AX6   38,297,875.16      4,583,586.13      7.8083       209,674.38

--------------------------------------------------------------------------------
                  38,297,875.16      4,583,586.13                   209,674.38
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           29,694.37          0.00       239,368.75        0.00     4,373,911.75

           29,694.37          0.00       239,368.75        0.00     4,373,911.75
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      119.682518   5.474831     0.775353      0.000000      6.250184  114.207687

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3B (POOL 3086)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,391.40
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   922.66

    SUBSERVICER ADVANCES THIS MONTH                                    1,154.30
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1     76,868.34
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1     65,444.14

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   4,373,911.75
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,380,028.34

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  40

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       67,562.47
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     487.19
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             136,100.90
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,523.82

       LOC AMOUNT AVAILABLE                                1,786,561.39
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,013,592.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4911%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8520%

POOL TRADING FACTOR 0.114207687

................................................................................

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3C  (POOL  3087)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3087

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920AY4   69,360,201.61      7,994,913.05      6.7500        13,956.20

--------------------------------------------------------------------------------
                  69,360,201.61      7,994,913.05                    13,956.20
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           44,971.39          0.00        58,927.59        0.00     7,980,956.85

           44,971.39          0.00        58,927.59        0.00     7,980,956.85
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      115.266577   0.201213     0.648375      0.000000      0.849588  115.065364

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3C (POOL 3087)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,775.31
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,627.23

    SUBSERVICER ADVANCES THIS MONTH                                    5,727.27
    MASTER SERVICER ADVANCES THIS MONTH                                1,336.53

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    318,599.13
      (B)  TWO MONTHLY PAYMENTS:                                1    114,132.69
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    127,517.78
      (D)  LOANS IN FORECLOSURE                                 1     47,084.41

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   7,980,956.85
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,810,253.35

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  59

    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             183,917.92

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     977.85
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,978.35

       LOC AMOUNT AVAILABLE                                1,786,561.39
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,013,592.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4227%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7482%

POOL TRADING FACTOR 0.115065364

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-4B  (POOL  3088)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3088

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BA5    9,209,655.99        916,328.39      8.5000        11,964.52
STRIP                      0.00              0.00      0.2368             0.00

--------------------------------------------------------------------------------
                   9,209,655.99        916,328.39                    11,964.52
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
            6,490.66          0.00        18,455.18        0.00       904,363.87
STRIP         180.81          0.00           180.81        0.00             0.00

            6,671.47          0.00        18,635.99        0.00       904,363.87
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       99.496484   1.299128     0.704767      0.000000      2.003895   98.197356
STRIP   0.000000   0.000000     0.019633      0.000000      0.019633    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-4B (POOL 3088)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      190.90
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   167.99

    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
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                     904,363.87
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                           914,425.02

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                   7

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,964.52

       LOC AMOUNT AVAILABLE                                1,606,222.01
       BANKRUPTCY AMOUNT AVAILABLE                           696,851.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       344,782.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2068%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000%

POOL TRADING FACTOR 0.098197356

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-2  (POOL  3094)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3094

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BF4  199,725,759.94     23,544,367.31      6.7318       386,154.94

--------------------------------------------------------------------------------
                 199,725,759.94     23,544,367.31                   386,154.94
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
          130,831.86          0.00       516,986.80        0.00    23,158,212.37

          130,831.86          0.00       516,986.80        0.00    23,158,212.37
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      117.883478   1.933426     0.655058      0.000000      2.588484  115.950053

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-2 (POOL 3094)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    8,394.01
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,782.23

    SUBSERVICER ADVANCES THIS MONTH                                   10,993.52
    MASTER SERVICER ADVANCES THIS MONTH                                3,027.15

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    193,250.54
      (B)  TWO MONTHLY PAYMENTS:                                3    398,368.83
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    136,389.97
      (D)  LOANS IN FORECLOSURE                                 7    960,099.50

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  23,158,212.37
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        22,786,254.68

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                 168

    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             419,602.16

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      344,966.64
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,959.34
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           37,228.96

       FSA GUARANTY INSURANCE POLICY                       5,775,116.19
       BANKRUPTCY AMOUNT AVAILABLE                           373,426.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,174,005.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4175%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7275%

    POOL TRADING FACTOR                                             0.115950053

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3A  (POOL  3095)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3095

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BH0   60,404,491.94      8,531,141.42      7.8149       440,657.62

--------------------------------------------------------------------------------
                  60,404,491.94      8,531,141.42                   440,657.62
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           53,644.16          0.00       494,301.78        0.00     8,090,483.80

           53,644.16          0.00       494,301.78        0.00     8,090,483.80
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      141.233560   7.295113     0.888082      0.000000      8.183195  133.938446

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-3A (POOL 3095)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,860.58
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,709.41

    SUBSERVICER ADVANCES THIS MONTH                                      790.68
    MASTER SERVICER ADVANCES THIS MONTH                                  958.76

                                                            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
      (D)  LOANS IN FORECLOSURE                                 1    100,293.39

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   8,090,483.80
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,982,074.38

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  64

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             123,409.44

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      426,321.23
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,800.98
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,535.41

       LOC AMOUNT AVAILABLE                               11,806,248.64
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       909,743.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.5016%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8288%

POOL TRADING FACTOR 0.133938446

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3C  (POOL  3097)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3097

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BJ6   80,948,485.59     11,315,139.96      6.7312       311,673.27

--------------------------------------------------------------------------------
                  80,948,485.59     11,315,139.96                   311,673.27
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           63,390.90          0.00       375,064.17        0.00    11,003,466.69

           63,390.90          0.00       375,064.17        0.00    11,003,466.69
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      139.781985   3.850267     0.783102      0.000000      4.633369  135.931718

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-3C (POOL 3097)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,774.75
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,357.81

    SUBSERVICER ADVANCES THIS MONTH                                    4,643.74
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    293,492.48
      (B)  TWO MONTHLY PAYMENTS:                                1    228,490.40
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    106,694.47

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  11,003,466.69
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        11,020,872.70

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  86

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      292,651.56
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,318.82
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,702.89

       LOC AMOUNT AVAILABLE                               11,806,248.64
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       909,743.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3826%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7312%

    POOL TRADING FACTOR                                             0.135931718

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-SW1A  (POOL  2000)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  2000

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BK3   42,805,537.40      9,160,048.59      6.8544       219,994.23

--------------------------------------------------------------------------------
                  42,805,537.40      9,160,048.59                   219,994.23
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           51,851.07          0.00       271,845.30        0.00     8,940,054.36

           51,851.07          0.00       271,845.30        0.00     8,940,054.36
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      213.992141   5.139387     1.211317      0.000000      6.350704  208.852754

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-SW1A (POOL 2000)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,784.66
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,899.33

    SUBSERVICER ADVANCES THIS MONTH                                    9,586.09
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 6    909,993.67
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 2    354,011.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   8,940,054.36
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         8,958,430.46

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  76

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      204,731.32
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,355.63
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,907.28

       FSA GUARANTY INSURANCE POLICY                       7,872,143.96
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       972,601.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.5099%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7599%

POOL TRADING FACTOR 0.208852754

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-SW1B  (POOL  2001)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  2001

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BL1   55,464,913.85      9,634,775.02      6.5655        17,988.53

--------------------------------------------------------------------------------
                  55,464,913.85      9,634,775.02                    17,988.53
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           52,704.06          0.00        70,692.59        0.00     9,616,786.49

           52,704.06          0.00        70,692.59        0.00     9,616,786.49
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      173.709366   0.324323     0.950223      0.000000      1.274546  173.385043

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-SW1B (POOL 2001)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,952.94
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,978.46

    SUBSERVICER ADVANCES THIS MONTH                                    7,252.60
    MASTER SERVICER ADVANCES THIS MONTH                                1,345.02

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 7    950,307.86
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 4    610,135.34

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   9,616,786.49
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,456,573.11

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  68

    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             185,047.81

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,865.33
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,123.20

       FSA GUARANTY INSURANCE POLICY                       7,872,143.96
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       972,601.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4346%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6846%

POOL TRADING FACTOR 0.173385043

................................................................................

DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:38 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4012
SERIES:  1989-S1
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC

MASTER SERVICER: RESIDENTIAL FUNDING CORPORATION

CLASS A

CUSIP Number                          760920BN7
Total Princ and Interest Distributed      374,612.05

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               320,307.25
Total Principal Prepayments               305,053.04
Principal Payoffs-In-Full                 239,861.57
Principal Curtailments                     65,191.47
Principal Liquidations                          0.00
Scheduled Principal Due                    15,254.21

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 54,304.80
Prepayment Interest Shortfall                 315.41
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        151,041,172.86
Curr Period BEGINNING Princ Balance     9,576,506.40
Curr Period ENDING Princ Balance        9,256,199.15
Change in Principal Balance               320,307.25

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       2.120662
Interest Distributed                        0.359536
Total Distribution                          2.480198
Total Principal Prepayments                 2.019668
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                63.403284
ENDING Principal Balance                   61.282622

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               6.844276%
Subordinated Unpaid Amounts
Period Ending Class Percentages            49.263980%
Prepayment Percentages                    100.000000%
Trading Factors                             6.128262%
Certificate Denominations                      1,000
Sub-Servicer Fees                           3,452.23
Master Servicer Fees                          961.88
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       61,414.33       57.76     436,084.14

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                13,535.15                 333,842.40
Total Principal Prepayments                     0.00                 305,053.04
Principal Payoffs-In-Full                       0.00                 239,861.57
Principal Curtailments                          0.00                  65,191.47
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    14,684.78                  29,938.99

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 47,879.18       57.76     102,241.74
Prepayment Interest Shortfall                 314.01        0.46         629.88
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         12,070,244.91             163,111,417.77
Curr Period BEGINNING Princ Balance     9,547,989.39              19,124,495.79
Curr Period ENDING Princ Balance        9,532,780.61              18,788,979.76
Change in Principal Balance                15,208.78                 335,516.03

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     280.341246
Interest Distributed                      991.677890
Total Distribution                      1,272.019136
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               791.035266
ENDING Principal Balance                  789.775243

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               6.834276%   0.010000%
Subordinated Unpaid Amounts             1,208,185.63    1,045.96   1,010,728.31
Period Ending Class Percentages            50.736020%
Prepayment Percentages                      0.000000%
Trading Factors                            78.977524%                 11.519108%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,555.39                   7,007.62
Master Servicer Fees                          990.62                   1,952.50
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           3,262,228.36
Current Special Hazard Amount           1,035,235.00

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Blance           Loans
Loans Delinquent ONE Payment              754,114.77           5
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments       1,097,941.43           5
Total Unpaid Princ on Delinquent Loans  1,852,056.20          10
Loans in Foreclosure, INCL in Delinq      754,347.61           3
REO/Pending Cash Liquidations             343,593.82           2
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           7.0791%

Loans in Pool                                    126
Current Period Sub-Servicer Fee             7,007.62
Current Period Master Servicer Fee          1,952.50

Aggregate REO Losses                     (923,043.23)
................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/14/97       04:16 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   2002
SERIES:  1989-SW2
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC

MASTER SERVICER: RESIDENTIAL FUNDING CORPORATION

CLASS A

CUSIP Number                          760920BM9
Tot Prin & Int Distributed                157,370.26

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                43,232.74
Total Principal Prepayments                13,937.03
Principal Payoffs-In-Full                       0.00
Principal Curtailments                     13,937.03
Principal Liquidations                          0.00
Scheduled Principal Due                    29,295.71

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                114,137.52
Prepayment Interest Shortfall                  55.08
Unpaid Interest Shortfall Paid                  0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        133,916,671.59
Current Period BEGINNING Prin Bal      17,174,895.35
Current Period ENDING Prin Bal         17,131,662.61
Change in Principal Balance                43,232.74

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.322833
Interest Distributed                        0.852303
Total Distribution                          1.175136
Total Principal Prepayments                 0.104072
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance               128.250614
ENDING Principal Balance                  127.927781

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               7.978571%
Subordinated Unpaid Amounts
Period Ending Class Percentages            59.419415%
Prepayment Percentages                    100.000000%
Trading Factors                            12.792778%
Certificate Denominations                      1,000
Sub-Servicer Fees                           5,365.38
Master Servicer Fees                        1,788.46
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Prin & Int Distributed                 90,573.53       86.45     248,030.24

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                18,811.87                  62,044.61
Total Principal Prepayments                     0.00                  13,937.03
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                  13,937.03
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    19,991.29                  49,287.00

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 71,761.66       86.45     185,985.63
Prepayment Interest Shortfall                  37.53        0.05          92.66
Unpaid Interest Shortfall Paid                                             0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         14,221,239.46             148,137,911.05
Current Period BEGINNING Prin Bal      11,720,087.58              28,894,982.93
Current Period ENDING Prin Bal         11,700,096.29              28,831,758.90
Change in Principal Balance                19,991.29                  63,224.03

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     330.700254
Interest Distributed                    1,261.522601
Total Distribution                      1,592.222855
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               824.125605
ENDING Principal Balance                  822.719871

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               7.968571%   0.010000%
Subordinated Unpaid Amounts             1,922,527.63    1,569.73   1,924,097.36
Period Ending Class Percentages            40.580585%
Prepayment Percentages                      0.000000%
Trading Factors                            82.271987%                 19.462782%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,664.30                   9,029.68
Master Servicer Fees                        1,221.43                   3,009.89
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,483,753.94
Current Special Hazard Amount           1,075,579.00
Loans in Pool                                    142
Current Period Sub-Servicer Fee             9,029.68
Current Period Master Servicer Fee          3,009.89

POOL DELINQUENCY DATA                         Unpaid      Number
                                            Prin Bal    of Loans

Loans Delinquent ONE Payment              240,852.22           2
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         644,137.11           3
Tot Unpaid Prin on Delinquent Loans       884,989.33           5
Loans in Foreclosure, INCL in Delinq      359,285.83           2
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments            3.1078%
Aggregate REO Losses                   (1,861,130.82)
................................................................................

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4A  (POOL  3098)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3098

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BS6   69,922,443.97      8,871,695.31      6.7312        14,459.63

--------------------------------------------------------------------------------
                  69,922,443.97      8,871,695.31                    14,459.63
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           49,761.30          0.00        64,220.93        0.00     8,857,235.68

           49,761.30          0.00        64,220.93        0.00     8,857,235.68
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      126.879079   0.206795     0.711664      0.000000      0.918459  126.672284

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4A (POOL 3098)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,487.01
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,849.96

    SUBSERVICER ADVANCES THIS MONTH                                    5,758.73
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 3    688,443.65
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 2    242,689.73

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   8,857,235.68
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         8,876,757.42

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  46

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     534.24
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,925.39

       LOC AMOUNT AVAILABLE                               10,086,347.73
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3981%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7038%

POOL TRADING FACTOR 0.126672284

................................................................................

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Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4B  (POOL  3099)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3099

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BV9   74,994,327.48      8,265,790.37      6.7533       467,695.64

--------------------------------------------------------------------------------
                  74,994,327.48      8,265,790.37                   467,695.64
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           45,424.22          0.00       513,119.86        0.00     7,798,094.73

           45,424.22          0.00       513,119.86        0.00     7,798,094.73
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      110.218875   6.236414     0.605702      0.000000      6.842116  103.982461

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4B (POOL 3099)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,000.07
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,666.67

    SUBSERVICER ADVANCES THIS MONTH                                    4,928.05
    MASTER SERVICER ADVANCES THIS MONTH                                  769.79

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 4    492,524.69
      (B)  TWO MONTHLY PAYMENTS:                                1     89,384.11
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1     85,702.20

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   7,798,094.73
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,704,441.70

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  53

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             104,410.55

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      453,815.40
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,555.39
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,324.85

       LOC AMOUNT AVAILABLE                               10,086,347.73
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4521%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7500%

POOL TRADING FACTOR 0.103982461

................................................................................

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4C  (POOL  3100)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3100

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BT4   37,402,303.81      5,660,943.05      7.7181        10,088.75

--------------------------------------------------------------------------------
                  37,402,303.81      5,660,943.05                    10,088.75
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           36,395.51          0.00        46,484.26        0.00     5,650,854.30

           36,395.51          0.00        46,484.26        0.00     5,650,854.30
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      151.352790   0.269736     0.973082      0.000000      1.242818  151.083054

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4C (POOL 3100)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,057.62
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,190.59

    SUBSERVICER ADVANCES THIS MONTH                                    4,958.67
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    159,744.63
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    443,206.29

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   5,650,854.30
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,660,690.41

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  32

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,217.63
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,871.12

       LOC AMOUNT AVAILABLE                               10,086,347.73
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4042%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7181%

POOL TRADING FACTOR 0.151083054

................................................................................

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Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4D  (POOL  3101)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3101

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BQ0   22,040,775.69      2,967,641.27      7.8126         5,925.81

--------------------------------------------------------------------------------
                  22,040,775.69      2,967,641.27                     5,925.81
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           19,310.37          0.00        25,236.18        0.00     2,961,715.46

           19,310.37          0.00        25,236.18        0.00     2,961,715.46
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      134.643232   0.268857     0.876120      0.000000      1.144977  134.374375

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4D (POOL 3101)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,062.51
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   625.11

    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
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   2,961,715.46
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,965,396.28

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  19

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                          492.89
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,194.00
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,238.92

       LOC AMOUNT AVAILABLE                               10,086,347.73
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4922%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8125%

POOL TRADING FACTOR 0.134374375

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4E  (POOL  3102)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3102

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920BR8   20,728,527.60      2,104,172.03      7.6612         2,925.46

--------------------------------------------------------------------------------
                  20,728,527.60      2,104,172.03                     2,925.46
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           13,433.69          0.00        16,359.15        0.00     2,101,246.57

           13,433.69          0.00        16,359.15        0.00     2,101,246.57
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      101.510926   0.141132     0.648077      0.000000      0.789209  101.369794

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4E (POOL 3102)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      766.99
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   438.42

    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
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   2,101,246.57
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,104,066.73

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                   7

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       7.25
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,918.21

       LOC AMOUNT AVAILABLE                               10,086,347.73
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3486%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6612%

POOL TRADING FACTOR 0.101369794

................................................................................

SEC REPORT
DISTRIBUTION DATE:          07/25/97
MONTHLY Cutoff:               Jun-97
DETERMINATION DATE:         07/21/97
RUN TIME/DATE:              07/18/97       10:09 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4015
SERIES:  1989-S4
SELLER:  Residential Funding Mortgage Securities I, Inc
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A-1    CLASS A-2
CUSIP Number                         760920BZ0      760920CA4
Tot Principal and Interest Distr       1,031,607.54     3,518.00

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              960,920.48       132.66
Total Principal Prepayments              950,377.67       131.20
Principal Payoffs-In-Full                725,110.58       100.08
Principal Curtailments                     1,144.19         0.16
Principal Liquidations                   224,122.90        30.96
Scheduled Principal Due                   10,542.81         1.46

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                70,687.06     3,385.34
Prepayment Interest Shortfall              2,275.37       108.66
Unpaid Interest Shortfall Paid                 0.00         0.00
Remaining Unpaid Interest Shortfall            0.00         0.00
Current Period Interest Shortfall              0.00         0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        77,408,317.05    10,000.00
Current Period BEGINNING Prin Bal     10,806,314.56     1,493.39
Current Period ENDING Prin Bal         9,845,394.08     1,360.73
Change in Principal Balance              960,920.48       132.66
PER CERTIFICATE DATA BY CLASS
Principal Distributed                     12.413659    13.266000
Interest Distributed                       0.913171   338.534000
Total Distribution                        12.277462    13.120000
Total Principal Prepayments                0.000000     0.000000
Current Period Interest Shortfall          0.000000     0.000000
BEGINNING Principal Balance                0.000000     0.000000
ENDING Principal Balance                 127.187807   136.073000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                                8.1022%      0.2500%
Subordinated Unpaid Amounts
Period Ending Class Percentages             62.7867%      0.0087%
Prepayment Percentages                     100.0000%    100.0000%
Trading Factors                             12.7188%     13.6073%
Certificate Denominations                     1,000        1,000
Sub-Servicer fees                          4,722.73         0.65
Master Servicer Fees                         988.04         0.14
Current Period Master Servicer Advanc          0.00         0.00
Deferred Interest Added to Principal           0.00


                                            CLASS B      CLASS C         TOTALS
CUSIP Number                         NA             NA
Tot Principal and Interest Distr          28,411.83         7.47   1,063,544.84

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                    0.00         0.00     961,053.14
Total Principal Prepayments
Principal Payoffs-In-Full
Principal Curtailments
Principal Liquidations
Scheduled Principal Due

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                28,411.83         7.47     102,491.70
Prepayment Interest Shortfall
Unpaid Interest Shortfall Paid
Remaining Unpaid Interest Shortfall
Current Period Interest Shortfall

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         7,423,674.24         0.00  84,841,991.29
Current Period BEGINNING Prin Bal      5,963,303.11       151.71  16,771,262.77
Current Period ENDING Prin Bal         5,833,806.18       148.47  15,680,709.46
Change in Principal Balance              129,496.93         3.24   1,090,553.31
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      0.000000
Interest Distributed                     956.798112
Total Principal Prepayments
Unpaid Interest Shortfall Paid
Current Period Interest Shortfall
Unpaid Interest Shortfall Remaining
ENDING Principal Balance                 785.838116

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00           0.00
Passthru Rate                                8.1022%      8.1022%
Subordinated Unpaid Amounts            2,133,057.22       560.91
Period Ending Class Percentages             37.2037%      0.0009%      100.0000%
Prepayment Percentages                       0.0000%      0.0000%
Trading Factors                             78.5838%
Certificate Denominations                   250,000
Sub-Servicer fees                          2,606.17                    7,329.55
Master Servicer Fees                         545.23                    1,533.41
Cur Period Master Servicer Advance                                         0.00
Deferred Interest Added to Principal           0.00         0.00           0.00
                                              OTHER        OTHER
MISCELLANEOUS POOL DATA

Initial Special Hazard Amount          1,935,824.00
Current Special Hazard Amount            905,342.00
Suspense Net (charges)/Recoveries        (22,612.68)
                                             Unpaid       Number
POOL DELINQUENCY DATA                      Prin Bal     of Loans
Loans Delinquent ONE Payment              87,501.37            1
Loans Delinquent TWO Payments            510,882.10            2
Loans Delinquent THREE + Payments      1,357,178.62            6
Tot Unpaid Principal on Delinq Loans   1,955,562.09            9
Loans in Foreclosure (incl in delinq)    160,606.50            1
REO/Pending Cash Liquidations          1,196,572.12            5
6 Mo Avg Delinquencies 2+ Payments          13.6398%
Loans in Pool                                    85
Current Period Sub-Servicer Fee            7,329.62
Current Period Master Servicer Fee         1,533.42
Aggregate REO Losses                  (1,950,245.43)
................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-5A  (POOL  3105)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3105

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920CC0   87,338,199.16     16,630,309.84      7.7008       162,472.40

--------------------------------------------------------------------------------
                  87,338,199.16     16,630,309.84                   162,472.40
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
          105,861.24          0.00       268,333.64        0.00    16,467,837.44

          105,861.24          0.00       268,333.64        0.00    16,467,837.44
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      190.412786   1.860267     1.212084      0.000000      3.072351  188.552519

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-5A (POOL 3105)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    5,664.02
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,203.01

    SUBSERVICER ADVANCES THIS MONTH                                    8,323.66
    MASTER SERVICER ADVANCES THIS MONTH                                3,562.30

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 3    520,588.67
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    181,913.79
      (D)  LOANS IN FORECLOSURE                                 2    335,533.33

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  16,467,837.44
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        16,036,073.86

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  83

    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             456,938.10

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      123,200.79
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  19,121.01
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           20,150.60

       MORTGAGE POOL INSURANCE                             8,575,722.92
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00
       BANKRUPTCY BOND                                       104,405.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.5291%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7262%

    POOL TRADING FACTOR                                             0.188552519

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-5B  (POOL  3106)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3106

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920CE6   62,922,765.27     10,338,991.57      8.3078       197,985.44

--------------------------------------------------------------------------------
                  62,922,765.27     10,338,991.57                   197,985.44
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           73,226.94          0.00       271,212.38        0.00    10,141,006.13

           73,226.94          0.00       271,212.38        0.00    10,141,006.13
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      164.312416   3.146483     1.163759      0.000000      4.310242  161.165932

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-5B (POOL 3106)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,103.23
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,175.75

    SUBSERVICER ADVANCES THIS MONTH                                   13,950.74
    MASTER SERVICER ADVANCES THIS MONTH                                1,539.74

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 3    393,614.47
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    196,056.82
      (D)  LOANS IN FORECLOSURE                                 4    888,709.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  10,141,006.13
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,969,235.87

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  65

    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             190,421.05

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       68,273.59
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,212.83
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             115,393.69
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,105.33

       MORTGAGE POOL INSURANCE                             8,575,722.92
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00
       BANKRUPTCY BOND                                       104,405.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2415%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3653%

POOL TRADING FACTOR 0.161165932

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-7  (POOL  3108)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3108

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920CG1  120,931,254.07      2,919,636.77     10.0000       149,472.32

--------------------------------------------------------------------------------
                 120,931,254.07      2,919,636.77                   149,472.32
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           23,266.08          0.00       172,738.40        0.00     2,770,164.45

           23,266.08          0.00       172,738.40        0.00     2,770,164.45
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       24.142946   1.236011     0.192391      0.000000      1.428402   22.906936

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-7 (POOL 3108)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,010.37
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,867.91

    SUBSERVICER ADVANCES THIS MONTH                                    3,441.22
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00
      (B)  TWO MONTHLY PAYMENTS:                                1    115,444.79
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    227,064.03

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   2,770,164.45
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,773,117.43

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  14

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      146,940.36
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      89.85
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,442.11

       MORTGAGE POOL INSURANCE                             2,576,599.46
       SPECIAL HAZARD LOSS COVERAGE                        1,516,886.00
       BANKRUPTCY BOND                                       100,000.00
       MORTGAGE REPURCHASE BOND                                    0.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.6660%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.0000%

POOL TRADING FACTOR 0.022906936

................................................................................

Run:        07/23/97     15:29:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1990-S1 (POOL # 4020)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4020
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920CL0    55,434,000.00             0.00     9.000000  %          0.00
A-2   760920CM8    36,810,000.00             0.00     9.000000  %          0.00
A-3   760920CN6     8,712,000.00             0.00     9.000000  %          0.00
A-4   760920CP1    19,434,000.00     4,739,396.13     9.000000  %    127,353.43
A-5   760920CQ9     2,388,000.00     2,388,000.00     9.000000  %          0.00
A-6   760920CJ5       100,000.00         5,805.09  1237.750000  %        103.73
A-7   760920CR7    88,762,000.00             0.00    10.000000  %          0.00
A-8   760920CS5    26,860,000.00             0.00    10.000000  %          0.00
A-9   760920CT3     6,500,000.00             0.00    10.000000  %          0.00
A-10  760920CK2        10,000.00           291.14     0.538038  %          5.20
B                  17,727,586.62     5,551,539.28    10.000000  %     15,514.73
R-I                         0.00             0.00    10.000000  %          0.00
R-II                        0.00             0.00     0.000000  %          0.00

-------------------------------------------------------------------------------
                  262,737,586.62    12,685,031.64                    142,977.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        35,531.08    162,884.51             0.00         0.00   4,612,042.70
A-5        17,902.75     17,902.75             0.00         0.00   2,388,000.00
A-6         5,985.29      6,089.02             0.00         0.00       5,701.36
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10        5,685.22      5,690.42             0.00         0.00         285.94
B          46,244.24     61,758.97             0.00    79,486.24   5,456,540.72
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00

-------------------------------------------------------------------------------
          111,348.58    254,325.67             0.00    79,486.24  12,462,570.72
===============================================================================
_______________________________________________________________________________



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    243.871366   6.553125     1.828295     8.381420   0.000000    237.318241
A-5   1000.000000   0.000000     7.496964     7.496964   0.000000   1000.000000
A-6     58.050900   1.037300    59.852900    60.890200   0.000000     57.014000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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    29.114000   0.520000   568.522000   569.042000   0.000000     28.594000

B 78,289.552310 218.7936 652.150811 870.944411 0.000000 76,949.85275

DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:52 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-S1 (POOL # 4020)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4020

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,873.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,304.89

SUBSERVICER ADVANCES THIS MONTH                                       34,818.88
MASTER SERVICER ADVANCES THIS MONTH                                    3,700.44


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     790,434.59

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     188,321.14


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,682,849.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      12,462,570.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           49

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                 387,161.45

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        5,393.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          56.23551100 %    43.76448900 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             56.21657170 %    43.78342830 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5267 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,150,331.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.03468258
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              259.97

POOL TRADING FACTOR:                                                 4.74335282

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-2  (POOL  3117)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3117

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920DA3  193,971,603.35      4,044,276.69     10.5000       213,529.43

--------------------------------------------------------------------------------
                 193,971,603.35      4,044,276.69                   213,529.43
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           47,523.07          0.00       261,052.50        0.00     3,830,747.26

           47,523.07          0.00       261,052.50        0.00     3,830,747.26
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       20.849839   1.100828     0.245000      0.000000      1.345828   19.749011

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-2 (POOL 3117)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      997.51
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,589.86

    SUBSERVICER ADVANCES THIS MONTH                                    2,634.59
    MASTER SERVICER ADVANCES THIS MONTH                                5,832.02

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    250,935.15
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 6  1,580,587.40

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   3,830,747.26
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         3,262,899.98

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  12

    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             583,778.05

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             210,203.81
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,325.62

       MORTGAGE POOL INSURANCE                             1,356,247.35
       SPECIAL HAZARD LOSS COVERAGE                          856,064.00
       BANKRUPTCY BOND                                       100,000.00
       MORTGAGE REPURCHASE BOND                              366,957.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.4896%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000%

POOL TRADING FACTOR 0.019749011

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3A  (POOL  3118)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3118

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920DB1   46,306,707.62      9,433,783.78      7.3333       249,493.12

--------------------------------------------------------------------------------
                  46,306,707.62      9,433,783.78                   249,493.12
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           57,613.72          0.00       307,106.84        0.00     9,184,290.66

           57,613.72          0.00       307,106.84        0.00     9,184,290.66
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      203.723915   5.387840     1.244177      0.000000      6.632017  198.336076

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3A (POOL 3118)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,640.41
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,005.31

    SUBSERVICER ADVANCES THIS MONTH                                    4,934.84
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    408,523.57
      (B)  TWO MONTHLY PAYMENTS:                                1    224,257.97
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   9,184,290.66
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,197,010.07

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  45

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      236,613.88
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     149.32
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,729.92

       FSA GUARANTY INSURANCE POLICY                       5,564,361.10
       BANKRUPTCY AMOUNT AVAILABLE                           102,899.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       862,471.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3185%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.4699%

POOL TRADING FACTOR 0.198336076

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3B  (POOL  3119)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3119

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920DC9   19,212,019.52      2,982,653.20      7.7481         5,061.66

--------------------------------------------------------------------------------
                  19,212,019.52      2,982,653.20                     5,061.66
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           19,251.47          0.00        24,313.13        0.00     2,977,591.54

           19,251.47          0.00        24,313.13        0.00     2,977,591.54
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      155.249332   0.263463     1.002053      0.000000      1.265516  154.985869

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3B (POOL 3119)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      914.13
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   938.85

    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
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   2,977,591.54
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,981,612.83

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  17

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,048.82
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,012.84

       FSA GUARANTY INSURANCE POLICY                       5,564,361.10
       BANKRUPTCY AMOUNT AVAILABLE                           102,899.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       862,471.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.5543%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7798%

POOL TRADING FACTOR 0.154985869

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3C  (POOL  3120)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3120

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920DD7   15,507,832.37      1,586,288.25      8.2500         2,165.75

--------------------------------------------------------------------------------
                  15,507,832.37      1,586,288.25                     2,165.75
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
           10,903.67          0.00        13,069.42        0.00     1,584,122.50

           10,903.67          0.00        13,069.42        0.00     1,584,122.50
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      102.289489   0.139655     0.703107      0.000000      0.842762  102.149834

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3C (POOL 3120)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      544.53
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   497.78

    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
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   1,584,122.50
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,585,988.25

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                   8

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     300.00
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            1,865.75

       FSA GUARANTY INSURANCE POLICY                       5,564,361.10
       BANKRUPTCY AMOUNT AVAILABLE                           102,899.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       862,471.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.1599%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3115%

POOL TRADING FACTOR 0.102149834

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-5  (POOL  3126)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3126

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920DJ4  199,971,518.09              0.00      0.0000             0.00

--------------------------------------------------------------------------------
                 199,971,518.09              0.00                         0.00
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
                0.00          0.00             0.00        0.00             0.00

                0.00          0.00             0.00        0.00             0.00
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        0.000000   0.000000     0.000000      0.000000      0.000000    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-5 (POOL 3126)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        0.00
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     0.00

    SUBSERVICER ADVANCES THIS MONTH                                         .
    MASTER SERVICER ADVANCES THIS MONTH                                     .

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                             .
      (B)  TWO MONTHLY PAYMENTS:                                            .
      (C)  THREE OR MORE MONTHLY PAYMENTS:                                  .
      (D)  LOANS IN FORECLOSURE                                             .

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                            .
    ACTUAL UPAID PRINCIPAL BALANCE @   /                                    .

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                             .
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                        .
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                    .
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                         .
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION                0.00

       LOC AMOUNT AVAILABLE                                         .
       BANKRUPTCY AMOUNT AVAILABLE                                  .
       FRAUD AMOUNT AVAILABLE                                       .
       SPECIAL HAZARD AMOUNT AVAILABLE                              .

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         0.0000%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               0.0000%

................................................................................


................................................................................

Run:        07/30/97     16:44:53                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-8  (POOL  3129)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3129

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920ED6   95,187,660.42      3,119,383.30     10.5000         2,705.10
S     760920ED6            0.00              0.00      0.6544             0.00

--------------------------------------------------------------------------------
                  95,187,660.42      3,119,383.30                     2,705.10
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A          27,291.47          0.00        29,996.57        0.00     3,116,678.20
S           1,700.90          0.00         1,700.90        0.00             0.00

           28,992.37          0.00        31,697.47        0.00     3,116,678.20
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      32.770879   0.028419     0.286712      0.000000      0.315131   32.742460
S       0.000000   0.000000     0.017869      0.000000      0.017869    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    16:44:53                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-8 (POOL 3129)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,071.42
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   294.71

    SUBSERVICER ADVANCES THIS MONTH                                   10,194.05
    MASTER SERVICER ADVANCES THIS MONTH                                3,187.34

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    997,021.90
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   3,116,678.20
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,797,605.87

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  12

    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             321,896.07

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     375.45
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,329.65

       FSA GUARANTY INSURANCE POLICY                       1,737,443.07
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,396,176.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.7569%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000%

POOL TRADING FACTOR 0.032742460

................................................................................

Run:        07/23/97     15:29:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1990-S14 (POOL # 4027)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4027
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920FU7    98,165,276.00     1,590,274.98     9.500000  %    452,057.17
I     760920FV5        10,000.00           575.59     0.500000  %         41.47
B                  11,825,033.00     4,740,442.39     9.500000  %      4,025.39
S     760920FW3             0.00             0.00     0.130820  %          0.00

-------------------------------------------------------------------------------
                  110,000,309.00     6,331,292.96                    456,124.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          12,374.91    464,432.08             0.00         0.00   1,138,217.81
I           2,593.04      2,634.51             0.00         0.00         534.12
B          36,888.30     40,913.69             0.00         0.00   4,736,417.00
S             682.92        682.92             0.00         0.00           0.00

-------------------------------------------------------------------------------
           52,539.17    508,663.20             0.00         0.00   5,875,168.93
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       16.199975   4.605062     0.126062     4.731124   0.000000     11.594913
I       57.559000   4.147000   259.304000   263.451000   0.000000     53.412000
B      400.881959   0.340413     3.119509     3.459922   0.000000    400.541546


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:53 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-S14 (POOL # 4027)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4027

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        1,860.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       649.44

SUBSERVICER ADVANCES THIS MONTH                                        4,721.93
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     515,366.61

 (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                                                       5,875,168.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           21

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                      450,747.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          25.12678820 %    74.87321180 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             19.38245430 %    80.61754570 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1409 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,793,146.50
      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,129,615.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         10.63106384
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              277.24

POOL TRADING FACTOR:                                                 5.34104766


................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-R16  (POOL  2009)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  2009

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920FT0  190,576,742.37     20,988,333.48      7.3130       448,218.98

--------------------------------------------------------------------------------
                 190,576,742.37     20,988,333.48                   448,218.98
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
          126,045.79          0.00       574,264.77        0.00    20,540,114.50

          126,045.79          0.00       574,264.77        0.00    20,540,114.50
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      110.130613   2.351908     0.661391      0.000000      3.013299  107.778705

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-R16 (POOL 2009)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    7,240.96
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,532.41

    SUBSERVICER ADVANCES THIS MONTH                                   11,136.98
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 3    594,718.97
      (B)  TWO MONTHLY PAYMENTS:                                2    609,576.52
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    206,739.43

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  20,540,114.50
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        20,570,311.69

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  84

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      415,214.64
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,544.88
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           30,459.46

       LOC AMOUNT AVAILABLE                                2,684,757.64
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,457,325.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.0516%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.3116%

    POOL TRADING FACTOR                                             0.107778705

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-4  (POOL  3151)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3151

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920HN1  139,233,192.04     27,972,866.34      6.5878       849,924.93

--------------------------------------------------------------------------------
                 139,233,192.04     27,972,866.34                   849,924.93
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
          149,222.70          0.00       999,147.63        0.00    27,122,941.41

          149,222.70          0.00       999,147.63        0.00    27,122,941.41
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      200.906594   6.104327     1.071747      0.000000      7.176074  194.802267

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-4 (POOL 3151)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    9,215.35
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 8,363.81

    SUBSERVICER ADVANCES THIS MONTH                                   25,657.89
    MASTER SERVICER ADVANCES THIS MONTH                                3,304.71

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                11  2,420,914.45
      (B)  TWO MONTHLY PAYMENTS:                                2    806,155.34
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    227,526.25
      (D)  LOANS IN FORECLOSURE                                 5  1,288,649.34

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  27,122,941.41
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        26,692,875.13

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                 105

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             483,507.50

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      810,074.74
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,355.45
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           36,494.74

       LOC AMOUNT AVAILABLE                                2,242,291.97
       BANKRUPTCY AMOUNT AVAILABLE                           787,159.00
       FRAUD AMOUNT AVAILABLE                                453,278.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,889,834.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3604%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5713%

    POOL TRADING FACTOR                                             0.194802267

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R9  (POOL  2014)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  2014

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920HW1  180,816,953.83     36,577,455.35      5.8871        72,959.75
S     760920JG4            0.00              0.00      0.5500             0.00

--------------------------------------------------------------------------------
                 180,816,953.83     36,577,455.35                    72,959.75
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A         179,392.90          0.00       252,352.65        0.00    36,504,495.60
S          16,759.71          0.00        16,759.71        0.00             0.00

          196,152.61          0.00       269,112.36        0.00    36,504,495.60
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     202.289966   0.403501     0.992124      0.000000      1.395625  201.886465
S       0.000000   0.000000     0.092689      0.000000      0.092689    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-R9 (POOL 2014)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                   12,220.77
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 9,812.00

    SUBSERVICER ADVANCES THIS MONTH                                    3,597.87
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    481,884.95
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  36,504,495.60
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        36,556,995.36

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                 145

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  10,814.27
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           62,145.48

       LOC AMOUNT AVAILABLE                                2,502,726.14
       BANKRUPTCY AMOUNT AVAILABLE                         1,022,179.00
       FRAUD AMOUNT AVAILABLE                                614,130.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,686,952.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.1577%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               5.8871%

    POOL TRADING FACTOR                                             0.201886465

................................................................................


Run:        07/23/97     15:29:53                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-S11 (POOL # 4037)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4037
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920JY5    41,630,000.00             0.00    10.000000  %          0.00
A-2   760920JZ2     8,734,000.00       928,282.37    10.000000  %        725.54
A-3   760920KA5    62,000,000.00     1,142,750.89    10.000000  %        893.17
A-4   760920KB3        10,000.00           174.40     0.692500  %          0.14
B                  10,439,807.67     1,761,445.25    10.000000  %      1,363.99
R                           0.00             9.90    10.000000  %          0.01

-------------------------------------------------------------------------------
                  122,813,807.67     3,832,662.81                      2,982.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2         7,735.66      8,461.20             0.00         0.00     927,556.83
A-3         9,522.88     10,416.05             0.00         0.00   1,141,857.72
A-4         2,211.76      2,211.90             0.00         0.00         174.26
B          14,678.53     16,042.52             0.00         0.00   1,760,081.26
R               1.54          1.55             0.00         0.00           9.89

-------------------------------------------------------------------------------
           34,150.37     37,133.22             0.00         0.00   3,829,679.96
===============================================================================
_______________________________________________________________________________



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    106.283761   0.083071     0.885695     0.968766   0.000000    106.200690
A-3     18.431466   0.014406     0.153595     0.168001   0.000000     18.417060
A-4     17.440000   0.014000   221.176000   221.190000   0.000000     17.426000
B      168.723918   0.130653     1.406015     1.536668   0.000000    168.593265


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:54 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-S11 (POOL # 4037)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4037

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        1,426.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       375.32

SUBSERVICER ADVANCES THIS MONTH                                        8,026.49
MASTER SERVICER ADVANCES THIS MONTH                                    2,179.08


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     559,760.07

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        251,697.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       3,829,679.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           15

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                 230,648.21

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                           15.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          54.04121530 %    45.95878470 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             54.04103530 %    45.95896470 %

CLASS A-4  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.6925 %

      BANKRUPTCY AMOUNT AVAILABLE                         489,203.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                     949,988.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.27922043
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                               16.86

POOL TRADING FACTOR:                                                 3.11828127


................................................................................


Run:        07/23/97     15:29:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-R13 (POOL # 2015)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   2015
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A                 145,575,900.00    10,506,688.99     7.069228  %    290,360.31
R     760920KT4           100.00             0.00     7.069228  %          0.00
B                  10,120,256.77     6,881,836.47     7.069228  %     10,706.64

-------------------------------------------------------------------------------
                  155,696,256.77    17,388,525.46                    301,066.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          61,813.87    352,174.18             0.00         0.00  10,216,328.68
R               0.00          0.00             0.00         0.00           0.00
B          40,487.82     51,194.46             0.00         0.00   6,871,129.83

-------------------------------------------------------------------------------
          102,301.69    403,368.64             0.00         0.00  17,087,458.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       72.173272   1.994563     0.424616     2.419179   0.000000     70.178709
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      680.006113   1.057942     4.000671     5.058613   0.000000    678.948172


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:49 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R13 (POOL # 2015)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 2015

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,768.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,845.23

SPREAD                                                                 3,256.02

SUBSERVICER ADVANCES THIS MONTH                                        2,231.58
MASTER SERVICER ADVANCES THIS MONTH                                    1,959.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        295,201.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,087,458.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           69

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                 273,932.67

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      274,014.18

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          60.42311650 %    39.57688350 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             59.78846220 %    40.21153780 %

      BANKRUPTCY AMOUNT AVAILABLE                       1,036,610.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,347,079.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.82367027
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              259.13

POOL TRADING FACTOR:                                                10.97486790


................................................................................


Run:        07/23/97     15:29:50                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-R14 (POOL # 2016)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   2016
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920KQ0   111,396,540.00    18,892,808.51     6.142312  %    464,353.11
R     760920KR8           100.00             0.00     6.142312  %          0.00
B                   9,358,525.99     8,115,311.15     6.142312  %     93,560.73

-------------------------------------------------------------------------------
                  120,755,165.99    27,008,119.66                    557,913.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          96,331.34    560,684.45             0.00         0.00  18,428,455.40
R               0.00          0.00             0.00         0.00           0.00
B          41,378.64    134,939.37             0.00     2,680.80   8,019,069.62

-------------------------------------------------------------------------------
          137,709.98    695,623.82             0.00     2,680.80  26,447,525.02
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      169.599599   4.168470     0.864761     5.033231   0.000000    165.431129
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      867.156982   9.997379     4.421491    14.418870   0.000000    856.873147


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:50 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R14 (POOL # 2016)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 2016

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,990.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,816.85

SPREAD                                                                 4,994.91

SUBSERVICER ADVANCES THIS MONTH                                        7,123.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     435,687.23

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        555,518.58

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      26,447,525.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          111

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                      240,298.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          69.95232820 %    30.04767180 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             69.67931930 %    30.32068070 %

      BANKRUPTCY AMOUNT AVAILABLE                         931,279.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,841,204.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.89037937
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              240.28

POOL TRADING FACTOR:                                                21.90177522


................................................................................


Run:        07/23/97     15:29:54                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-20 (POOL # 4043)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4043
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920LZ9    28,246,162.00             0.00     9.000000  %          0.00
A-2   760920MA3    42,369,243.90     6,314,256.59     9.000000  %  6,314,256.59
S     760920LY2        10,000.00           894.21     0.744380  %        894.21
R                           0.00             0.00     9.000000  %          0.00

-------------------------------------------------------------------------------
                   70,625,405.90     6,315,150.80                  6,315,150.80
===============================================================================
_______________________________________________________________________________
                                                                      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        47,355.42  6,361,612.01             0.00         0.00           0.00
S           3,917.27      4,811.48             0.00         0.00           0.00
R               6.71          6.71             0.00         0.00           0.00

-------------------------------------------------------------------------------
           51,279.40  6,366,430.20             0.00         0.00           0.00
===============================================================================
_______________________________________________________________________________



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    149.029249 149.029249     1.117684   150.146933   0.000000      0.000000
S       89.421000  89.421000   391.727000   481.148000   0.000000      0.000000


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:54 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-20 (POOL # 4043)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4043

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        1,448.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       659.44

SUBSERVICER ADVANCES THIS MONTH                                        5,969.66
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     669,405.51

 (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                                                       6,309,532.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           22

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                          190.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION         100.00000030 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION              0.00000000 %     0.00000000 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.7444 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,175,498.84
      BANKRUPTCY AMOUNT AVAILABLE                         455,861.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,811,809.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         10.14454864
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              285.27

POOL TRADING FACTOR:                                                 8.93379970


................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21A  (POOL  3152)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3152

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920MK1  114,708,718.07     26,223,786.41      6.5983       216,947.47
S     760920ML9            0.00              0.00      0.2500             0.00

--------------------------------------------------------------------------------
                 114,708,718.07     26,223,786.41                   216,947.47
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A         143,214.88          0.00       360,162.35        0.00    26,006,838.94
S           5,426.21          0.00         5,426.21        0.00             0.00

          148,641.09          0.00       365,588.56        0.00    26,006,838.94
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     228.611974   1.891290     1.248509      0.000000      3.139799  226.720683
S       0.000000   0.000000     0.047304      0.000000      0.047304    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21A (POOL 3152)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    8,359.75
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,705.81

    SUBSERVICER ADVANCES THIS MONTH                                    2,155.80
    MASTER SERVICER ADVANCES THIS MONTH                                1,437.06

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    300,605.12
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    198,918.15

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  26,006,838.94
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        25,832,791.65

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  90

    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             205,057.85

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      180,859.36
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,403.66
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           33,684.45

       LOC AMOUNT AVAILABLE                               14,320,349.03
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,875,311.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3319%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5687%

    POOL TRADING FACTOR                                             0.226720683

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21B  (POOL  3153)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3153

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920MM7   56,810,233.31     13,300,669.18      7.6534       512,098.51
S     760920MN5            0.00              0.00      0.2500             0.00

--------------------------------------------------------------------------------
                  56,810,233.31     13,300,669.18                   512,098.51
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A          82,619.44          0.00       594,717.95        0.00    12,788,570.67
S           2,698.78          0.00         2,698.78        0.00             0.00

           85,318.22          0.00       597,416.73        0.00    12,788,570.67
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     234.124530   9.014195     1.454306      0.000000     10.468501  225.110335
S       0.000000   0.000000     0.047505      0.000000      0.047505    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21B (POOL 3153)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,640.51
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,594.92

    SUBSERVICER ADVANCES THIS MONTH                                    2,805.92
    MASTER SERVICER ADVANCES THIS MONTH                                1,267.57

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    357,958.66
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  12,788,570.67
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        12,635,225.89

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  54

    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             166,548.77

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      495,727.83
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,225.34
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           15,145.34

       LOC AMOUNT AVAILABLE                               14,320,349.03
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,875,311.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4230%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6795%

    POOL TRADING FACTOR                                             0.225110335

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21C  (POOL  3154)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3154

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920MB1   23,305,328.64      5,178,360.54      8.3042       232,012.80
S     760920MC9            0.00              0.00      0.2500             0.00

--------------------------------------------------------------------------------
                  23,305,328.64      5,178,360.54                   232,012.80
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A          35,504.30          0.00       267,517.10        0.00     4,946,347.74
S           1,068.87          0.00         1,068.87        0.00             0.00

           36,573.17          0.00       268,585.97        0.00     4,946,347.74
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     222.196418   9.955354     1.523441      0.000000     11.478795  212.241064
S       0.000000   0.000000     0.045864      0.000000      0.045864    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21C (POOL 3154)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,800.86
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   504.01

    SUBSERVICER ADVANCES THIS MONTH                                        0.00
    MASTER SERVICER ADVANCES THIS MONTH                                2,540.70

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00
      (B)  TWO MONTHLY PAYMENTS:                                1     88,349.80
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   4,946,347.74
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,637,491.14

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  27

    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             313,193.02

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      226,558.18
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     315.03
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,139.59

       LOC AMOUNT AVAILABLE                               14,320,349.03
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,875,311.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.1804%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3588%

POOL TRADING FACTOR 0.212241064

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-25A  (POOL  3159)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3159

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920NV6   56,799,660.28     13,376,663.28      6.6250       222,119.51
S     760920NX2            0.00              0.00      0.2750             0.00

--------------------------------------------------------------------------------
                  56,799,660.28     13,376,663.28                   222,119.51
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A          73,421.39          0.00       295,540.90        0.00    13,154,543.77
S           3,047.68          0.00         3,047.68        0.00             0.00

           76,469.07          0.00       298,588.58        0.00    13,154,543.77
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     235.506044   3.910578     1.292638      0.000000      5.203216  231.595466
S       0.000000   0.000000     0.053657      0.000000      0.053657    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-25A (POOL 3159)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,156.20
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,113.38

    SUBSERVICER ADVANCES THIS MONTH                                    7,003.09
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 2    661,471.89
      (B)  TWO MONTHLY PAYMENTS:                                1    325,465.86
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 0          0.00

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  13,154,543.77
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        13,171,160.31

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  51

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      204,656.31
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     878.61
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,584.59

       LOC AMOUNT AVAILABLE                               13,882,257.19
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,883,017.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3410%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5910%

    POOL TRADING FACTOR                                             0.231595466

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-25B  (POOL  3160)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3160

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920NW4   79,584,135.22     19,399,000.99      7.6383       210,475.75
S     760920NY0            0.00              0.00      0.2750             0.00

--------------------------------------------------------------------------------
                  79,584,135.22     19,399,000.99                   210,475.75
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A         123,267.30          0.00       333,743.05        0.00    19,188,525.24
S           4,437.96          0.00         4,437.96        0.00             0.00

          127,705.26          0.00       338,181.01        0.00    19,188,525.24
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     243.754624   2.644695     1.548893      0.000000      4.193588  241.109930
S       0.000000   0.000000     0.055764      0.000000      0.055764    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-25B (POOL 3160)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    5,170.09
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,747.60

    SUBSERVICER ADVANCES THIS MONTH                                    6,672.93
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    199,307.49
      (B)  TWO MONTHLY PAYMENTS:                                1    268,333.66
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    142,482.79
      (D)  LOANS IN FORECLOSURE                                 1    241,088.86

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  19,188,525.24
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        19,209,098.23

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  76

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      182,761.87
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   6,003.14
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           21,710.74

       LOC AMOUNT AVAILABLE                               13,882,257.19
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00
       FRAUD AMOUNT AVAILABLE                                      0.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,883,017.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4248%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6617%

    POOL TRADING FACTOR                                             0.241109930

................................................................................


Run:        07/23/97     15:29:55                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S1 (POOL # 4051)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4051
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920TT5    49,532,000.00             0.00     8.500000  %          0.00
A-2   760920TU2    35,380,000.00             0.00     8.500000  %          0.00
A-3   760920TV0    34,879,000.00             0.00     8.500000  %          0.00
A-4   760920TW8    15,165,000.00             0.00     8.500000  %          0.00
A-5   760920TX6    12,885,227.00     7,561,508.86     6.800000  %    569,929.12
A-6   760920TY4     3,789,773.00     2,223,973.40    14.279000  %    167,626.23
A-7   760920UA4        10,000.00           645.36  7590.550000  %         48.64
A-8   760920TZ1             0.00             0.00     0.053073  %          0.00
R-I   760920UD8           100.00             0.00     9.000000  %          0.00
R-II  760920UC0           100.00             0.00     9.000000  %          0.00
M     760920UB2     3,679,183.00     3,050,538.34     9.000000  %     64,761.93
B                   8,174,757.92     5,206,461.11     9.000000  %      1,310.20

-------------------------------------------------------------------------------
                  163,495,140.92    18,043,127.07                    803,676.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             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        42,048.12    611,977.24             0.00         0.00   6,991,579.74
A-6        25,969.08    193,595.31             0.00         0.00   2,056,347.17
A-7         4,005.94      4,054.58             0.00         0.00         596.72
A-8           783.10        783.10             0.00         0.00           0.00
R-I             1.82          1.82             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          22,451.65     87,213.58             0.00         0.00   2,985,776.41
B          38,319.02     39,629.22             0.00         0.00   5,095,929.64

-------------------------------------------------------------------------------
          133,578.73    937,254.85             0.00         0.00  17,130,229.68
===============================================================================
_______________________________________________________________________________



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    586.835518  44.231205     3.263281    47.494486   0.000000    542.604313
A-6    586.835518  44.231206     6.852410    51.083616   0.000000    542.604312
A-7     64.536000   4.864000   400.594000   405.458000   0.000000     59.672000
R-I      0.000000   0.000000    18.200000    18.200000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      829.134713  17.602258     6.102347    23.704605   0.000000    811.532454
B      636.894837   0.160274     4.687481     4.847755   0.000000    623.373767


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:56 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S1 (POOL # 4051)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4051

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,085.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,708.21

SUBSERVICER ADVANCES THIS MONTH                                        9,937.39
MASTER SERVICER ADVANCES THIS MONTH                                    9,183.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      23,004.07

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,146,946.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,130,229.68

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           63

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               1,084,493.52

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      529,847.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         54.23742560 %    16.90692700 %   28.85564730 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            52.82196330 %    17.42986793 %   29.74816880 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0472 %

      BANKRUPTCY AMOUNT AVAILABLE                         174,089.00
      FRAUD AMOUNT AVAILABLE                                    0.00 *
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,576,945.00 *

* ADJUSTED IN ACCORDANCE WITH THE POOLING AND SERVICING AGREEMENT

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.46827827
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              283.54

POOL TRADING FACTOR:                                                10.47751608


................................................................................


Run:        07/23/97     15:29:56                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S2 (POOL # 4052)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4052
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920TA6    67,550,000.00             0.00     5.700000  %          0.00
A-2   760920TB4    59,269,000.00             0.00     6.250000  %          0.00
A-3   760920TC2    34,651,000.00             0.00     6.500000  %          0.00
A-4   760920TF5    53,858,000.00             0.00     6.900000  %          0.00
A-5   760920TG3    51,354,000.00             0.00     7.350000  %          0.00
A-6   760920TH1    53,342,000.00             0.00     7.800000  %          0.00
A-7   760920TM0    22,300,000.00             0.00     8.000000  %          0.00
A-8   760920TN8    18,168,000.00             0.00     8.000000  %          0.00
A-9   760920TP3     6,191,000.00     5,787,657.85     8.000000  %  1,485,684.36
A-10  760920TJ7    19,111,442.00    19,111,442.00     8.000000  %          0.00
A-11  760920TD0    30,157,000.00             0.00     6.800000  %          0.00
A-12  760920TK4    24,904,800.00             0.00     0.000000  %          0.00
A-13  760920TE8     6,226,200.00             0.00     0.000000  %          0.00
A-14  760920TL2    36,520,000.00             0.00     6.850000  %          0.00
A-15  760920SX7    17,599,000.00     3,133,460.04     8.000000  %    178,714.33
A-16  760920SY5             0.00             0.00     0.500000  %          0.00
A-17  760920SZ2        10,000.00           579.02     8.000000  %         33.02
A-18  760920UR7             0.00             0.00     0.166688  %          0.00
R-I   760920TR9        38,000.00         4,977.53     8.000000  %          0.00
R-II  760920TS7       702,000.00     1,024,593.02     8.000000  %          0.00
M     760920TQ1    12,177,000.00    10,786,104.00     8.000000  %     85,079.08
B                  27,060,001.70    22,999,831.01     8.000000  %    137,194.09

-------------------------------------------------------------------------------
                  541,188,443.70    62,848,644.47                  1,886,704.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9        38,035.62  1,523,719.98             0.00         0.00   4,301,973.49
A-10      125,597.52    125,597.52             0.00         0.00  19,111,442.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15       20,592.62    199,306.95             0.00         0.00   2,954,745.71
A-16       25,827.69     25,827.69             0.00         0.00           0.00
A-17            3.81         36.83             0.00         0.00         546.00
A-18        8,610.34      8,610.34             0.00         0.00           0.00
R-I             0.00          0.00            33.18         0.00       5,010.71
R-II            0.00          0.00         6,830.62         0.00   1,031,423.64
M          70,920.89    155,999.97             0.00         0.00  10,701,024.92
B         151,228.70    288,422.79             0.00         0.00  22,818,411.99

-------------------------------------------------------------------------------
          440,817.19  2,327,522.07         6,863.80         0.00  60,924,578.46
===============================================================================

Run: 07/23/97 15:29:56
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S2 (POOL # 4052)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4052
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    934.850242 239.974860     6.143696   246.118556   0.000000    694.875382
A-10  1000.000000   0.000000     6.571849     6.571849   0.000000   1000.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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   178.047619  10.154800     1.170102    11.324902   0.000000    167.892818
A-17    57.902000   3.302000     0.381000     3.683000   0.000000     54.600000
R-I    130.987632   0.000000     0.000000     0.000000   0.873158    131.860790
R-II  1459.534217   0.000000     0.000000     0.000000   9.730228   1469.264444
M      885.776792   6.986867     5.824168    12.811035   0.000000    878.789925
B      849.956747   5.069996     5.588643    10.658639   0.000000    843.252423


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:57 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S2 (POOL # 4052)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4052

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,598.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,769.34

SUBSERVICER ADVANCES THIS MONTH                                       14,916.45
MASTER SERVICER ADVANCES THIS MONTH                                    3,392.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,556,406.91

 (B)  TWO MONTHLY PAYMENTS:                                    1     286,565.75

 (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                                                      60,924,578.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          232

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                 417,686.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,428,325.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         46.24238070 %    17.16203100 %   36.59558800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            44.98207820 %    17.56438073 %   37.45354100 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1655 %
CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  8.0000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,916,094.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.13625772
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.07

POOL TRADING FACTOR:                                                11.25755348


................................................................................


Run:        07/23/97     15:29:58                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S4 (POOL # 4054)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4054
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920US5   100,740,115.00     6,840,985.31     8.080021  %    359,219.39
R                         100.00             0.00     8.080021  %          0.00
B                   5,302,117.23     4,017,046.62     8.080021  %     87,539.46

-------------------------------------------------------------------------------
                  106,042,332.23    10,858,031.93                    446,758.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          45,459.62    404,679.01             0.00         0.00   6,481,765.92
R               0.00          0.00             0.00         0.00           0.00
B          26,694.03    114,233.49             0.00         0.00   3,929,507.16

-------------------------------------------------------------------------------
           72,153.65    518,912.50             0.00         0.00  10,411,273.08
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       67.907261   3.565803     0.451256     4.017059   0.000000     64.341458
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      757.630668  16.510284     5.034597    21.544881   0.000000    741.120384


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:59 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S4 (POOL # 4054)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4054

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,656.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,176.76

SUBSERVICER ADVANCES THIS MONTH                                       14,143.22
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     303,622.08

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        889,431.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      10,411,273.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           58

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                      210,140.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          63.00391590 %    36.99608410 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             62.25718860 %    37.74281140 %

      BANKRUPTCY AMOUNT AVAILABLE                         159,901.00
      FRAUD AMOUNT AVAILABLE                              112,480.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,385,052.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.61461168
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              109.20

POOL TRADING FACTOR:                                                 9.81803480

PASS THROUGH RATE FOR NEXT DISTRIBUTION: -0.0055

................................................................................

Run:        07/23/97     15:30:00                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S5 (POOL # 4055)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4055
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920UU0    13,762,000.00             0.00     5.300000  %          0.00
A-2   760920UV8    27,927,000.00             0.00     6.050000  %          0.00
A-3   760920UW6    16,879,000.00             0.00     7.000000  %          0.00
A-4   760920UZ9    11,286,000.00             0.00     7.500000  %          0.00
A-5   760920VE5     6,968,000.00     5,846,126.26     7.500000  %     70,995.16
A-6   760920UX4       100,000.00             0.00   799.600500  %          0.00
A-7   760920UY2    15,340,000.00             0.00     7.500000  %          0.00
A-8   760920VA3    11,176,000.00             0.00     7.500000  %          0.00
A-9   760920VF2     5,427,000.00             0.00     0.000000  %          0.00
A-10  760920VB1     1,809,000.00             0.00     0.000000  %          0.00
A-11  760920VC9             0.00             0.00     0.500000  %          0.00
A-12  760920VD7             0.00             0.00     0.414729  %          0.00
R-I   760920VG0           500.00             0.00     7.500000  %          0.00
R-II  760920VH8           500.00             0.00     7.500000  %          0.00
B                   5,825,312.92     4,139,684.19     7.500000  %     24,517.27

-------------------------------------------------------------------------------
                  116,500,312.92     9,985,810.45                     95,512.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        36,405.79    107,400.95             0.00         0.00   5,775,131.10
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        4,145.66      4,145.66             0.00         0.00           0.00
A-12        3,438.66      3,438.66             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
B          25,779.21     50,296.48             0.00         0.00   4,115,166.92

-------------------------------------------------------------------------------
           69,769.32    165,281.75             0.00         0.00   9,890,298.02
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    838.996306  10.188743     5.224712    15.413455   0.000000    828.807563
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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     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
B      710.637222   4.208747     4.425378     8.634125   0.000000    706.428475


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:00 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S5 (POOL # 4055)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4055

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        2,885.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,294.14

SUBSERVICER ADVANCES THIS MONTH                                        1,048.07
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         83,084.93

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       9,890,298.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           54

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                       36,371.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          58.54433440 %    41.45566560 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             58.39188150 %    41.60811850 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4149 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,685.00
      FRAUD AMOUNT AVAILABLE                              107,457.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,027,147.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.88793974
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              110.25

POOL TRADING FACTOR:                                                 8.48950339


................................................................................


Run:        07/23/97     15:30:01                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S6 (POOL # 4056)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4056
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920VJ4    67,533,900.00             0.00     7.500000  %          0.00
A-2   760920VK1    55,635,000.00             0.00     7.500000  %          0.00
A-3   760920VL9    94,808,000.00             0.00     7.500000  %          0.00
A-4   760920VM7     4,966,000.00             0.00     7.500000  %          0.00
A-5   760920VN5    94,152,000.00             0.00     7.500000  %          0.00
A-6   760920VP0    30,584,000.00             0.00     7.500000  %          0.00
A-7   760920VQ8     5,327,000.00             0.00     7.500000  %          0.00
A-8   760920VR6    32,684,000.00             0.00     7.500000  %          0.00
A-9   760920VV7    30,371,000.00    27,509,973.00     5.672000  %    656,006.47
A-10  760920VS4    10,124,000.00     9,170,292.94    12.983819  %    218,676.03
A-11  760920VT2             0.00             0.00     1.000000  %          0.00
A-12  760920VU9             0.00             0.00     0.139624  %          0.00
R     760920VX3           100.00             0.00     7.500000  %          0.00
M     760920VW5    10,339,213.00     8,717,886.31     7.500000  %      8,451.87
B                  22,976,027.86    19,221,006.79     7.500000  %     18,634.50

-------------------------------------------------------------------------------
                  459,500,240.86    64,619,159.04                    901,768.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9       128,638.67    784,645.14             0.00         0.00  26,853,966.53
A-10       98,159.16    316,835.19             0.00         0.00   8,951,616.91
A-11       53,272.91     53,272.91             0.00         0.00           0.00
A-12        7,438.17      7,438.17             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          53,903.58     62,355.45             0.00         0.00   8,709,434.44
B         118,845.45    137,479.95             0.00         0.00  19,202,372.29


460,257.94 1,362,026.81 0.00 0.00 63,717,390.17


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    905.797405  21.599765     4.235576    25.835341   0.000000    884.197640
A-10   905.797406  21.599766     9.695689    31.295455   0.000000    884.197640
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      843.186644   0.817458     5.213509     6.030967   0.000000    842.369186
B      836.567874   0.811041     5.172584     5.983625   0.000000    835.756833


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:02 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S6 (POOL # 4056)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4056

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       20,361.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,579.21

SUBSERVICER ADVANCES THIS MONTH                                       41,622.45
MASTER SERVICER ADVANCES THIS MONTH                                   12,015.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,977,067.71

 (B)  TWO MONTHLY PAYMENTS:                                    1     271,565.30

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,911,909.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,717,390.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          249

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               1,487,495.08

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      839,121.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         56.76376250 %    13.49117900 %   29.74505870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            56.19436600 %    13.66884993 %   30.13678410 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1414 %

      BANKRUPTCY AMOUNT AVAILABLE                         123,187.00
      FRAUD AMOUNT AVAILABLE                              881,310.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,752,491.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.15757029
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              287.29

POOL TRADING FACTOR:                                                13.86667177


................................................................................


Run:        07/23/97     15:30:03                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S7 (POOL # 4057)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4057
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920WT1   107,070,000.00             0.00     8.500000  %          0.00
A-2   760920WU8    74,668,000.00             0.00     8.500000  %          0.00
A-3   760920WV6    56,784,000.00             0.00     8.500000  %          0.00
A-4   760920WX2    31,674,000.00    24,372,602.47     8.500000  %    199,655.17
A-5   760920WY0    30,082,000.00     2,708,095.95     8.500000  %     22,184.14
A-6   760920WW4             0.00             0.00     0.124411  %          0.00
R     760920XA1       539,100.00             0.00     8.500000  %          0.00
M     760920WZ7     7,278,000.00     6,380,079.69     8.500000  %     49,383.92
B                  15,364,881.77    12,418,905.47     8.500000  %     57,348.85

-------------------------------------------------------------------------------
                  323,459,981.77    45,879,683.58                    328,572.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4       172,592.78    372,247.95             0.00         0.00  24,172,947.30
A-5        19,177.18     41,361.32             0.00         0.00   2,685,911.81
A-6         4,755.35      4,755.35             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,180.06     94,563.98             0.00         0.00   6,330,695.77
B          87,943.55    145,292.40             0.00         0.00  12,322,779.02

-------------------------------------------------------------------------------
          329,648.92    658,221.00             0.00         0.00  45,512,333.90
===============================================================================
_______________________________________________________________________________



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    769.482935   6.303440     5.449036    11.752476   0.000000    763.179494
A-5     90.023800   0.737456     0.637497     1.374953   0.000000     89.286344
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      876.625404   6.785370     6.207758    12.993128   0.000000    869.840034
B      808.265606   3.732463     5.723673     9.456136   0.000000    802.009362


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:03 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S7 (POOL # 4057)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4057

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,800.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,785.65

SUBSERVICER ADVANCES THIS MONTH                                       26,558.68
MASTER SERVICER ADVANCES THIS MONTH                                    4,022.38


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     607,882.80

 (B)  TWO MONTHLY PAYMENTS:                                    2     545,637.99

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     225,683.81


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,893,581.49

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      45,512,333.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          182

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                 484,171.73

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       12,225.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.02546900 %    13.90611100 %   27.06842010 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.01446230 %    13.90984647 %   27.07569130 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1252 %

      BANKRUPTCY AMOUNT AVAILABLE                         159,686.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,939,943.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.06367607
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              285.18

POOL TRADING FACTOR:                                                14.07046821



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


................................................................................


Run:        07/23/97     15:30:04                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S8 (POOL # 4058)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4058
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920WD6   100,786,658.00    23,085,473.82     7.749272  %    925,269.51
S     760920WF1             0.00             0.00     0.150000  %          0.00
R     760920WE4           100.00             0.00     7.749272  %          0.00
B                   7,295,556.68     4,766,540.22     7.749272  %          0.00

-------------------------------------------------------------------------------
                  108,082,314.68    27,852,014.04                    925,269.51
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         146,081.05  1,071,350.56             0.00         0.00  22,160,204.31
S           3,411.47      3,411.47             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B               0.00          0.00             0.00   100,846.25   4,695,855.84

-------------------------------------------------------------------------------
          149,492.52  1,074,762.03             0.00   100,846.25  26,856,060.15
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      229.052875   9.180476     1.449409    10.629885   0.000000    219.872399
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      653.348391   0.000000     0.000000     0.000000   0.000000    643.659702


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:04 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S8 (POOL # 4058)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4058

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,875.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,157.51

SUBSERVICER ADVANCES THIS MONTH                                       11,843.78
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     721,386.37

 (B)  TWO MONTHLY PAYMENTS:                                    3     744,420.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      84,663.02


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      26,856,060.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          114

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                                 30,161.88

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      610,932.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.88619200 %    17.11380810 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.51472550 %    17.48527450 %

      BANKRUPTCY AMOUNT AVAILABLE                         168,986.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,885,967.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.43832537
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.65

POOL TRADING FACTOR:                                                24.84778405



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1994

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


................................................................................


Run:        07/23/97     15:30:05                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S9 (POOL # 4059)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4059
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920VY1    80,148,000.00             0.00     8.000000  %          0.00
A-2   760920VZ8    20,051,000.00             0.00     8.000000  %          0.00
A-3   760920WA2    21,301,000.00             0.00     8.000000  %          0.00
A-4   760920WB0    31,218,000.00             0.00     8.000000  %          0.00
A-5   760920WC8    24,873,900.00    17,739,682.19     8.000000  %    634,040.46
A-6   760920WG9     5,000,000.00     7,559,859.10     8.000000  %          0.00
A-7   760920WH7    20,288,000.00     2,811,061.73     8.000000  %     64,863.18
A-8   760920WJ3             0.00             0.00     0.185638  %          0.00
R     760920WL8           100.00             0.00     8.000000  %          0.00
M     760920WK0     4,908,000.00     4,576,557.66     8.000000  %      5,199.60
B                  10,363,398.83     9,663,547.85     8.000000  %     10,979.12

-------------------------------------------------------------------------------
                  218,151,398.83    42,350,708.53                    715,082.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       117,966.86    752,007.32             0.00         0.00  17,105,641.73
A-6             0.00          0.00        50,272.20         0.00   7,610,131.30
A-7        18,693.24     83,556.42             0.00         0.00   2,746,198.55
A-8         6,535.09      6,535.09             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          30,433.58     35,633.18             0.00         0.00   4,571,358.06
B          64,261.47     75,240.59             0.00         0.00   9,652,568.73

-------------------------------------------------------------------------------
          237,890.24    952,972.60        50,272.20         0.00  41,685,898.37
===============================================================================
_______________________________________________________________________________



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    713.184591  25.490191     4.742596    30.232787   0.000000    687.694400
A-6   1511.971820   0.000000     0.000000     0.000000  10.054440   1522.026260
A-7    138.557853   3.197120     0.921394     4.118514   0.000000    135.360733
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      932.468961   1.059413     6.200811     7.260224   0.000000    931.409548
B      932.468972   1.059412     6.200811     7.260223   0.000000    931.409559


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:05 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S9 (POOL # 4059)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4059

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,168.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,459.95

SUBSERVICER ADVANCES THIS MONTH                                        7,178.53
MASTER SERVICER ADVANCES THIS MONTH                                    1,633.18


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      95,085.99

 (B)  TWO MONTHLY PAYMENTS:                                    1     461,753.77

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        360,432.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,685,898.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          173

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                 207,595.53

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      616,693.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         66.37575620 %    10.80633100 %   22.81791310 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            65.87832490 %    10.96619778 %   23.15547730 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1847 %

      BANKRUPTCY AMOUNT AVAILABLE                         132,754.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,913,779.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68799659
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              281.78

POOL TRADING FACTOR:                                                19.10870093



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


................................................................................


Run:        07/23/97     15:30:06                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S10 (POOL # 4060)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4060
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920WM6    17,396,000.00             0.00     8.000000  %          0.00
A-2   760920WN4    42,597,000.00     1,016,951.40     8.000000  %    564,468.12
A-3   760920WP9    11,500,000.00    11,500,000.00     8.000000  %          0.00
A-4   760920WQ7    61,114,000.00             0.00     8.000000  %          0.00
A-5   760920WR5             0.00             0.00     0.160513  %          0.00
R     760920WS3           100.00             0.00     8.000000  %          0.00
B                   7,347,668.28     5,416,943.82     8.000000  %     81,445.60

-------------------------------------------------------------------------------
                  139,954,768.28    17,933,895.22                    645,913.72
===============================================================================
_______________________________________________________________________________
                                                                      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         6,622.99    571,091.11             0.00         0.00     452,483.28
A-3        74,894.81     74,894.81             0.00         0.00  11,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5         2,343.41      2,343.41             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          35,278.34    116,723.94             0.00         0.00   5,335,498.22

-------------------------------------------------------------------------------
          119,139.55    765,053.27             0.00         0.00  17,287,981.50
===============================================================================
_______________________________________________________________________________



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     23.873780  13.251359     0.155480    13.406839   0.000000     10.622421
A-3   1000.000000   0.000000     6.512592     6.512592   0.000000   1000.000000
A-4      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
B      737.233040  11.084549     4.801299    15.885848   0.000000    726.148489


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:06 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S10 (POOL # 4060)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4060

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,109.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,282.71

SUBSERVICER ADVANCES THIS MONTH                                        7,326.45
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     164,570.09

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        437,322.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,287,981.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           84

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                      532,877.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          69.79494000 %    30.20506010 %
CURRENT PREPAYMENT PERCENTAGE                91.12309420 %     8.87690580 %
PERCENTAGE FOR NEXT DISTRIBUTION             69.13752930 %    30.86247070 %

CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1638 %

      BANKRUPTCY AMOUNT AVAILABLE                         210,276.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,521,802.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63958104
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              109.04

POOL TRADING FACTOR:                                                12.35254912



CLASS A-4 PAC COMPONENT PRINCIPAL:                                          0.00
CLASS A-4 COMPANION PRINCIPAL:                                              0.00


................................................................................


Run:        07/23/97     15:30:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S11 (POOL # 4061)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4061
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920XG8   119,002,000.00             0.00     8.500000  %          0.00
A-2   760920XH6     5,000,000.00             0.00     8.500000  %          0.00
A-3   760920XJ2    35,000,000.00             0.00     8.500000  %          0.00
A-4   760920XK9     7,000,000.00             0.00     8.500000  %          0.00
A-5   760920XL7    20,748,000.00             0.00     8.500000  %          0.00
A-6   760920XM5    15,000,000.00             0.00     8.500000  %          0.00
A-7   760920XN3     2,250,000.00             0.00     8.500000  %          0.00
A-8   760920XP8    28,600,000.00             0.00     8.500000  %          0.00
A-9   760920XU7    38,830,000.00    22,228,595.00     8.500000  %    224,035.59
A-10  760920XQ6     6,395,000.00     3,660,877.28     8.500000  %     36,896.92
A-11  760920XR4    18,232,500.00             0.00     0.000000  %          0.00
A-12  760920XS2     5,362,500.00             0.00     0.000000  %          0.00
A-13  760920XT0             0.00             0.00     0.175888  %          0.00
R     760920XW3           100.00             0.00     8.500000  %          0.00
M     760920XV5     7,292,000.00     6,323,281.37     8.500000  %      6,433.30
B                  15,395,727.87    12,732,591.87     8.500000  %     12,954.11

-------------------------------------------------------------------------------
                  324,107,827.87    44,945,345.52                    280,319.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9       156,672.12    380,707.71             0.00         0.00  22,004,559.41
A-10       25,802.68     62,699.60             0.00         0.00   3,623,980.36
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13        6,555.15      6,555.15             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          44,567.90     51,001.20             0.00         0.00   6,316,848.07
B          89,742.16    102,696.27             0.00         0.00  12,719,637.76

-------------------------------------------------------------------------------
          323,340.01    603,659.93             0.00         0.00  44,665,025.60
===============================================================================

Run: 07/23/97 15:30:07
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S11 (POOL # 4061)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4061
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    572.459310   5.769652     4.034822     9.804474   0.000000    566.689658
A-10   572.459309   5.769652     4.034821     9.804473   0.000000    566.689657
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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      867.153232   0.882241     6.111890     6.994131   0.000000    866.270992
B      827.021105   0.841409     5.829030     6.670439   0.000000    826.179695


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:08 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S11 (POOL # 4061)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4061

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,331.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,572.80

SUBSERVICER ADVANCES THIS MONTH                                       17,750.48
MASTER SERVICER ADVANCES THIS MONTH                                   12,109.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,260,319.12

 (B)  TWO MONTHLY PAYMENTS:                                    1     211,515.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        733,595.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,665,025.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          175

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               1,476,849.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      234,592.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         57.60212090 %    14.06882400 %   28.32905550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            57.37943600 %    14.14271678 %   28.47784720 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1768 %

      BANKRUPTCY AMOUNT AVAILABLE                         314,749.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,916,671.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14379295
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              284.91

POOL TRADING FACTOR:                                                13.78091541



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


................................................................................


Run:        07/23/97     15:30:09                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S12 (POOL # 4062)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4062
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920XE3   100,482,169.00     7,847,137.09     7.891867  %     50,327.31
R     760920XF0           100.00             0.00     7.891867  %          0.00
B                   5,010,927.54     3,802,755.95     7.891867  %     22,625.62

-------------------------------------------------------------------------------
                  105,493,196.54    11,649,893.04                     72,952.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          51,590.51    101,917.82             0.00         0.00   7,796,809.78
R               0.00          0.00             0.00         0.00           0.00
B          25,000.99     47,626.61             0.00         0.00   3,780,130.33

-------------------------------------------------------------------------------
           76,591.50    149,544.43             0.00         0.00  11,576,940.11
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       78.094822   0.500858     0.513430     1.014288   0.000000     77.593964
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      758.892624   4.515256     4.989294     9.504550   0.000000    754.377368


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:09 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S12 (POOL # 4062)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4062

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        2,901.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,238.22

SUBSERVICER ADVANCES THIS MONTH                                        5,047.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     412,744.69

 (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                                                      11,576,940.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           58

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                        3,638.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          67.35801830 %    32.64198170 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             67.34775950 %    32.65224050 %

      BANKRUPTCY AMOUNT AVAILABLE                          33,648.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,061,098.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.31584058
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              112.35

POOL TRADING FACTOR:                                                10.97411064


................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-13  (POOL  3165)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3165

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

      760920XX1  149,986,318.83     26,352,032.44      8.3529       642,144.65

--------------------------------------------------------------------------------
                 149,986,318.83     26,352,032.44                   642,144.65
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
          181,760.24          0.00       823,904.89        0.00    25,709,887.79

          181,760.24          0.00       823,904.89        0.00    25,709,887.79
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      175.696241   4.281355     1.211845      0.000000      5.493200  171.414886

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-13 (POOL 3165)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    7,652.20
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,966.84

    SUBSERVICER ADVANCES THIS MONTH                                    5,487.05
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    240,702.10
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 3  1,088,199.52

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                  25,709,887.79
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        25,743,435.59

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                 108

    NUMBER OF REO LOANS ACQUIRED
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0

    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      610,768.87
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   4,657.10
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           26,718.68

       FSA GUARANTY INSURANCE POLICY                       8,134,018.83
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                266,496.00
       SPECIAL HAZARD AMOUNT AVAILABLE                       684,318.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.9224%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3466%

    POOL TRADING FACTOR                                             0.171414886

................................................................................


Run:        07/23/97     15:30:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S14 (POOL # 4063)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4063
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920XB9    86,981,379.00    14,492,531.98     8.377621  %    391,737.30
S     760920XD5             0.00             0.00     0.150000  %          0.00
R     760920XC7           100.00             0.00     8.377621  %          0.00
B                   6,546,994.01     3,246,460.41     8.377621  %     22,944.16

-------------------------------------------------------------------------------
                   93,528,473.01    17,738,992.39                    414,681.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         100,968.19    492,705.49             0.00         0.00  14,100,794.68
S           2,212.78      2,212.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          22,617.81     45,561.97             0.00    18,427.83   3,205,088.43

-------------------------------------------------------------------------------
          125,798.78    540,480.24             0.00    18,427.83  17,305,883.11
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      166.616489   4.503692     1.160802     5.664494   0.000000    162.112798
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      495.870380   3.504534     3.454685     6.959219   0.000000    489.551147


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:10 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S14 (POOL # 4063)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4063

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,424.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,234.64

SUBSERVICER ADVANCES THIS MONTH                                       21,916.21
MASTER SERVICER ADVANCES THIS MONTH                                    1,565.86


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     582,094.61

 (B)  TWO MONTHLY PAYMENTS:                                    1     217,013.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     323,269.32


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,590,971.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,305,883.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           78

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                 188,299.22

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      207,048.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.69873270 %    18.30126730 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.47977530 %    18.52022470 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,589,205.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.15509060
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              266.40

POOL TRADING FACTOR:                                                18.50333118



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1861

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


................................................................................


Run:        07/23/97     15:30:11                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S15 (POOL # 4064)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4064
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920YX0    13,793,900.00             0.00     8.000000  %          0.00
A-2   760920YY8     9,250,000.00             0.00     8.000000  %          0.00
A-3   760920YZ5    11,875,000.00             0.00     8.000000  %          0.00
A-4   760920ZA9     7,475,000.00             0.00     8.000000  %          0.00
A-5   760920ZE1    19,600,000.00     2,952,331.90     8.000000  %     21,302.61
A-6   760920ZF8     6,450,000.00     3,808,508.18     8.000000  %     27,480.37
A-7   760920ZG6    37,500,000.00             0.00     8.000000  %          0.00
A-8   760920ZH4    10,000,000.00     1,476,165.97     8.000000  %     10,651.31
A-9   760920ZJ0     9,350,000.00       177,139.92     8.000000  %      1,278.16
A-10  760920ZC5    60,000,000.00     4,029,313.19     8.000000  %     29,073.59
A-11  760920ZD3    15,000,000.00     1,007,328.27     8.000000  %      7,268.40
A-12  760920ZB7             0.00             0.00     0.246833  %          0.00
R     760920ZK7           100.00             0.00     8.000000  %          0.00
B                   8,345,599.90     6,275,936.60     8.000000  %     40,787.77

-------------------------------------------------------------------------------
                  208,639,599.90    19,726,724.03                    137,842.21
===============================================================================
_______________________________________________________________________________
                                                                      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        19,668.63     40,971.24             0.00         0.00   2,931,029.29
A-6        25,372.54     52,852.91             0.00         0.00   3,781,027.81
A-7             0.00          0.00             0.00         0.00           0.00
A-8         9,834.32     20,485.63             0.00         0.00   1,465,514.66
A-9         1,180.12      2,458.28             0.00         0.00     175,861.76
A-10       26,843.56     55,917.15             0.00         0.00   4,000,239.60
A-11        6,710.89     13,979.29             0.00         0.00   1,000,059.87
A-12        4,054.87      4,054.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          41,810.71     82,598.48             0.00         0.00   6,235,148.83

-------------------------------------------------------------------------------
          135,475.64    273,317.85             0.00         0.00  19,588,881.82
===============================================================================
_______________________________________________________________________________



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    150.629179   1.086868     1.003502     2.090370   0.000000    149.542311
A-6    590.466384   4.260522     3.933727     8.194249   0.000000    586.205862
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    147.616597   1.065131     0.983432     2.048563   0.000000    146.551466
A-9     18.945446   0.136702     0.126216     0.262918   0.000000     18.808744
A-10    67.155220   0.484560     0.447393     0.931953   0.000000     66.670660
A-11    67.155218   0.484560     0.447393     0.931953   0.000000     66.670658
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      752.005449   4.887339     5.009912     9.897251   0.000000    747.118111


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:12 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S15 (POOL # 4064)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4064

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,168.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,141.42

SUBSERVICER ADVANCES THIS MONTH                                        6,044.05
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     206,017.28

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     177,262.18


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        103,806.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,588,881.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          101

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       13,766.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          68.18561160 %    31.81438840 %
CURRENT PREPAYMENT PERCENTAGE                90.45568350 %     9.54431650 %
PERCENTAGE FOR NEXT DISTRIBUTION             68.16996050 %    31.83003950 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2467 %

      BANKRUPTCY AMOUNT AVAILABLE                         297,165.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,549,657.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68634959
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              108.49

POOL TRADING FACTOR:                                                 9.38886090


ENDING CLASS A-10 PERCENTAGE:                                          29.955965
ENDING CLASS A-11 PERCENTAGE:                                           7.488991
ENDING A-7 COMPANION PRINCIPAL COMPONENT:                                   0.00
ENDING A-8 COMPANION PRINCIPAL COMPONENT:                                   0.00
ENDING A-9 COMPANION PRINCIPAL COMPONENT:                                   0.00


................................................................................


Run:        07/23/97     15:30:12                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S16 (POOL # 4065)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4065
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920XY9    39,900,000.00             0.00     7.000000  %          0.00
A-2   760920YD4    22,000,000.00             0.00     0.000000  %          0.00
A-3   760920YE2       100,000.00             0.00     0.000000  %          0.00
A-4   760920YF9    88,000,000.00             0.00     8.250000  %          0.00
A-5   760920YG7    26,000,000.00             0.00     8.250000  %          0.00
A-6   760920YH5    39,064,000.00             0.00     8.250000  %          0.00
A-7   760920YJ1    30,000,000.00             0.00     8.250000  %          0.00
A-8   760920YK8    20,625,000.00    16,628,621.46     6.072000  %    950,588.87
A-9   760920YL6     4,375,000.00     3,527,283.33    18.517713  %    201,640.06
A-10  760920XZ6    23,595,000.00     1,760,983.40     7.270000  %    100,668.07
A-11  760920YA0     6,435,000.00       480,268.17    11.843331  %     27,454.93
A-12  760920YB8             0.00             0.00     0.500000  %          0.00
A-13  760920YC6             0.00             0.00     0.226692  %          0.00
R-I   760920YN2           100.00             0.00     8.750000  %          0.00
R-II  760920YP7           100.00             0.00     8.750000  %          0.00
M     760920YM4     7,260,603.00     6,016,497.90     8.750000  %     42,725.69
B                  15,327,940.64    11,750,794.38     8.750000  %     28,164.76

-------------------------------------------------------------------------------
                  322,682,743.64    40,164,448.64                  1,351,242.38
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        82,732.64  1,033,321.51             0.00         0.00  15,678,032.59
A-9        53,520.06    255,160.12             0.00         0.00   3,325,643.27
A-10       10,490.07    111,158.14             0.00         0.00   1,660,315.33
A-11        4,660.65     32,115.58             0.00         0.00     452,813.24
A-12        9,175.97      9,175.97             0.00         0.00           0.00
A-13        7,460.48      7,460.48             0.00         0.00           0.00
R-I             0.01          0.01             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          43,136.08     85,861.77             0.00         0.00   5,973,772.21
B          84,248.87    112,413.63             0.00         0.00  11,667,347.03

-------------------------------------------------------------------------------
          295,424.83  1,646,667.21             0.00         0.00  38,757,923.67
===============================================================================

Run: 07/23/97 15:30:12
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S16 (POOL # 4065)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4065
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    806.236192  46.089157     4.011280    50.100437   0.000000    760.147035
A-9    806.236190  46.089157    12.233157    58.322314   0.000000    760.147033
A-10    74.633753   4.266500     0.444589     4.711089   0.000000     70.367253
A-11    74.633748   4.266500     0.724266     4.990766   0.000000     70.367248
R-I      0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      828.649893   5.884593     5.941115    11.825708   0.000000    822.765301
B      766.625776   1.837478     5.496426     7.333904   0.000000    761.181642


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:13 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S16 (POOL # 4065)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4065

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,415.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,124.60

SUBSERVICER ADVANCES THIS MONTH                                       32,467.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,908,771.91

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     426,089.10


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,573,230.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      38,757,923.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          158

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                    1,121,300.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         55.76363460 %    14.97966000 %   29.25670530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            54.48383820 %    15.41303466 %   30.10312710 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2272 %

      BANKRUPTCY AMOUNT AVAILABLE                         177,277.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,931,486.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.41988753
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.95

POOL TRADING FACTOR:                                                12.01115474


LIBOR INDEX:                                                              0.0000
COFI INDEX:                                                               0.0000
TREASURY INDEX:                                                           0.0000


................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-17A  (POOL  3166)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3166

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920YR3   32,200,599.87      5,267,066.62      8.0000         5,167.84
S     760920YS1            0.00              0.00      0.5700             0.00

--------------------------------------------------------------------------------
                  32,200,599.87      5,267,066.62                     5,167.84
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A          35,111.91          0.00        40,279.75        0.00     5,261,898.78
S           2,501.73          0.00         2,501.73        0.00             0.00

           37,613.64          0.00        42,781.48        0.00     5,261,898.78
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     163.570450   0.160489     1.090412      0.000000      1.250901  163.409961
S       0.000000   0.000000     0.077692      0.000000      0.077692    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17A (POOL 3166)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,611.67
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   526.24

    SUBSERVICER ADVANCES THIS MONTH                                    6,216.47
    MASTER SERVICER ADVANCES THIS MONTH                                1,977.09

                                                            NUMBER OF PRINCIPAL
    DELINQUENCIES:                                            LOANS    BALANCE
      (A)  ONE MONTHLY PAYMENT:                                 1    212,389.99
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00
      (D)  LOANS IN FORECLOSURE                                 1    581,112.78

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   5,261,898.78
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,039,487.83

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  19

    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             234,123.76

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     267.60
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,900.24

       FSA GUARANTY INSURANCE POLICY                      12,547,329.22
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                141,653.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,772,279.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.0544%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000%

POOL TRADING FACTOR 0.163409961

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-17B  (POOL  3167)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3167

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920YT9   63,951,716.07      6,931,722.33      7.5503       418,111.66
S     760920YU6            0.00              0.00      0.2500             0.00

--------------------------------------------------------------------------------
                  63,951,716.07      6,931,722.33                   418,111.66
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A          42,729.83          0.00       460,841.49        0.00     6,513,610.67
S           1,414.84          0.00         1,414.84        0.00             0.00

           44,144.67          0.00       462,256.33        0.00     6,513,610.67
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     108.389935   6.537927     0.668158      0.000000      7.206085  101.852008
S       0.000000   0.000000     0.022124      0.000000      0.022124    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17B (POOL 3167)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,480.73
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   708.28

    SUBSERVICER ADVANCES THIS MONTH                                    1,946.02
    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
      (D)  LOANS IN FORECLOSURE                                 1    257,744.59

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   6,513,610.67
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         6,521,777.09

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  24

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      411,129.58
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     142.26
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,839.82

       FSA GUARANTY INSURANCE POLICY                      12,547,329.22
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                141,653.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,772,279.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.1906%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5534%

POOL TRADING FACTOR 0.101852008

................................................................................

Run:        07/30/97     17:00:04                                    rept1.rkg
Page:         1 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-17C  (POOL  3168)
                        STATEMENT TO CERTIFICATEHOLDERS
                           DISTRIBUTION SUMMARY  3168

--------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION
--------------------------------------------------------------------------------

A     760920YV4   75,606,730.04      9,452,089.70      7.5788       333,504.37
S     760920YW2            0.00              0.00      0.2500             0.00

--------------------------------------------------------------------------------
                  75,606,730.04      9,452,089.70                   333,504.37
================================================================================
--------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE
--------------------------------------------------------------------------------
A          58,743.07          0.00       392,247.44        0.00     9,118,585.33
S           1,937.75          0.00         1,937.75        0.00             0.00

           60,680.82          0.00       394,185.19        0.00     9,118,585.33
================================================================================
--------------------------------------------------------------------------------

                                  AMOUNT PER $1,000 UNIT

--------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     125.016512   4.411041     0.776956      0.000000      5.187997  120.605472
S       0.000000   0.000000     0.025629      0.000000      0.025629    0.000000

Determination Date
Distribution Date

MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
BOND ADMINISTRATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500

Run:    07/30/97    17:00:04                                         rept2.rkg
Page:   2 of 2

                    RESIDENTIAL FUNDING CORPORATION (SELLER)
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17C (POOL 3168)
                        STATEMENT TO CERTIFICATEHOLDERS
                         ADDITIONAL RELATED INFORMATION
--------------------------------------------------------------------------------

    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,610.37
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   973.24

    SUBSERVICER ADVANCES THIS MONTH                                    2,529.96
    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
      (D)  LOANS IN FORECLOSURE                                 1    334,050.61

    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
    DISTRIBUTION                                                   9,118,585.33
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,129,253.55

    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE
    DETERMINATION DATE                                                  33

    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

    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      323,527.68
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     543.02
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,433.67

       FSA GUARANTY INSURANCE POLICY                      12,547,329.22
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00
       FRAUD AMOUNT AVAILABLE                                141,653.00
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,772,279.00

    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2771%
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5639%

POOL TRADING FACTOR 0.120605472

................................................................................

Run:        07/23/97     15:30:13                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S18 (POOL # 4066)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4066
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920A57    23,863,000.00             0.00     7.400000  %          0.00
A-2   760920A73    38,374,000.00             0.00     7.450000  %          0.00
A-3   760920A99    23,218,000.00             0.00     7.750000  %          0.00
A-4   760920B49     9,500,000.00     5,009,035.47     7.950000  %    187,649.48
A-5   760920B31        41,703.00           250.44  1008.000000  %          9.38
A-6   760920B72     5,488,000.00     5,488,000.00     8.000000  %          0.00
A-7   760920B98    16,619,000.00             0.00     8.000000  %          0.00
A-8   760920C89    15,208,000.00             0.00     8.000000  %          0.00
A-9   760920C30    13,400,000.00             0.00     8.000000  %          0.00
A-10  760920C71     4,905,000.00             0.00     8.000000  %          0.00
A-11  760920C55             0.00             0.00     0.387148  %          0.00
R-I   760920C97           100.00             0.00     8.000000  %          0.00
R-II  760920C63       137,368.00             0.00     8.000000  %          0.00
B                   7,103,848.23     5,578,568.00     8.000000  %     48,098.53

-------------------------------------------------------------------------------
                  157,858,019.23    16,075,853.91                    235,757.39
===============================================================================
_______________________________________________________________________________
                                                                      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        33,114.09    220,763.57             0.00         0.00   4,821,385.99
A-5           209.92        219.30             0.00         0.00         241.06
A-6        36,508.65     36,508.65             0.00         0.00   5,488,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        5,175.38      5,175.38             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          37,111.16     85,209.69             0.00         0.00   5,530,469.47

-------------------------------------------------------------------------------
          112,119.20    347,876.59             0.00         0.00  15,840,096.52
===============================================================================
_______________________________________________________________________________



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    527.266892  19.752577     3.485694    23.238271   0.000000    507.514315
A-5      6.005323   0.224924     5.033691     5.258615   0.000000      5.780400
A-6   1000.000000   0.000000     6.652451     6.652451   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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     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
B      785.288173   6.770772     5.224090    11.994862   0.000000    778.517402


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:14 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S18 (POOL # 4066)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4066

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,272.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,701.62

SUBSERVICER ADVANCES THIS MONTH                                        4,653.92
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     379,597.53

 (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                                                      15,840,096.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           93

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                      138,787.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          65.29846540 %    34.70153460 %
CURRENT PREPAYMENT PERCENTAGE                89.58953960 %    10.41046040 %
PERCENTAGE FOR NEXT DISTRIBUTION             65.08563280 %    34.91436720 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3832 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,084,332.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.82571376
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              113.28

POOL TRADING FACTOR:                                                10.03439458


................................................................................


Run:        07/23/97     15:30:14                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S19 (POOL # 4067)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4067
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920ZP6   117,460,633.00             0.00     7.750000  %          0.00
A-2   760920ZQ4    60,098,010.00             0.00     0.000000  %          0.00
A-3   760920ZR2       241,357.00             0.00     0.000000  %          0.00
A-4   760920ZS0    37,500,000.00             0.00     8.500000  %          0.00
A-5   760920ZT8    15,800,000.00             0.00     8.500000  %          0.00
A-6   760920ZU5    33,700,000.00    12,472,183.23     8.500000  %    681,006.55
A-7   760920ZX9     9,104,000.00     9,104,000.00     8.500000  %          0.00
A-8   760920ZY7    19,200,000.00             0.00     0.000000  %          0.00
A-9   760920ZZ4     1,663,637.00             0.00     0.000000  %          0.00
A-10  760920ZV3     6,136,363.00             0.00     0.000000  %          0.00
A-11  760920ZW1             0.00             0.00     0.166991  %          0.00
R-I   760920A32           100.00             0.00     8.500000  %          0.00
R-II  760920A40           100.00             0.00     8.500000  %          0.00
M     760920A24     6,402,000.00     5,480,667.02     8.500000  %      5,456.52
B                  12,805,385.16    10,619,092.09     8.500000  %     10,572.29

-------------------------------------------------------------------------------
                  320,111,585.16    37,675,942.34                    697,035.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6        87,513.16    768,519.71             0.00         0.00  11,791,176.68
A-7        63,879.74     63,879.74             0.00         0.00   9,104,000.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        5,193.60      5,193.60             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          38,456.02     43,912.54             0.00         0.00   5,475,210.50
B          74,510.63     85,082.92             0.00         0.00  10,608,519.80

-------------------------------------------------------------------------------
          269,553.15    966,588.51             0.00         0.00  36,978,906.98
===============================================================================
_______________________________________________________________________________



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    370.094458  20.207909     2.596830    22.804739   0.000000    349.886548
A-7   1000.000000   0.000000     7.016667     7.016667   0.000000   1000.000000
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     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      856.086695   0.852315     6.006876     6.859191   0.000000    855.234380
B      829.267684   0.825612     5.818696     6.644308   0.000000    828.442071


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:15 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S19 (POOL # 4067)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4067

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,913.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,807.25

SUBSERVICER ADVANCES THIS MONTH                                       22,286.36
MASTER SERVICER ADVANCES THIS MONTH                                    8,935.05


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,628,471.96

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     451,222.18


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        638,679.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      36,978,906.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          141

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               1,102,153.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      659,525.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         57.26779980 %    14.54686100 %   28.18533910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            56.50566330 %    14.80630702 %   28.68802970 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1675 %

      BANKRUPTCY AMOUNT AVAILABLE                         211,734.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,914,566.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.09168535
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.99

POOL TRADING FACTOR:                                                11.55188025


................................................................................


Run:        07/23/97     15:30:16                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S20 (POOL # 4068)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4068
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920E20    54,519,000.00             0.00     8.100000  %          0.00
A-2   760920E46   121,290,000.00             0.00     8.100000  %          0.00
A-3   760920E61    38,352,000.00             0.00     8.100000  %          0.00
A-4   760920E79    45,739,000.00             0.00     8.100000  %          0.00
A-5   760920E87    38,405,000.00     7,366,657.99     8.100000  %    318,569.07
A-6   760920D70     2,829,000.00       569,782.96     8.100000  %     46,291.70
A-7   760920D88     2,530,000.00     2,530,000.00     8.100000  %          0.00
A-8   760920E38     6,097,000.00     6,097,000.00     8.100000  %          0.00
A-9   760920F45     4,635,000.00     6,894,217.04     8.100000  %          0.00
A-10  760920E53    16,830,000.00             0.00     8.100000  %          0.00
A-11  760920D96     8,130,000.00     1,857,878.41     8.100000  %     25,231.10
A-12  760920F37    10,000,000.00       744,342.33     8.100000  %     10,108.62
A-13  760920E95             0.00             0.00     0.400000  %          0.00
A-14  760920F29             0.00             0.00     0.246728  %          0.00
R-I   760920F60           100.00             0.00     8.500000  %          0.00
R-II  760920F78       750,000.00             0.00     8.500000  %          0.00
M     760920F52     8,448,000.00     7,439,451.86     8.500000  %      7,740.50
B                  16,895,592.50    14,831,630.33     8.500000  %     15,431.82

-------------------------------------------------------------------------------
                  375,449,692.50    48,330,960.92                    423,372.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        49,463.93    368,033.00             0.00         0.00   7,048,088.92
A-6         3,825.84     50,117.54             0.00         0.00     523,491.26
A-7        16,987.86     16,987.86             0.00         0.00   2,530,000.00
A-8        40,938.73     40,938.73             0.00         0.00   6,097,000.00
A-9             0.00          0.00        46,291.70         0.00   6,940,508.74
A-10            0.00          0.00             0.00         0.00           0.00
A-11       12,474.85     37,705.95             0.00         0.00   1,832,647.31
A-12        4,997.94     15,106.56             0.00         0.00     734,233.71
A-13        8,641.03      8,641.03             0.00         0.00           0.00
A-14        9,885.02      9,885.02             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          52,419.52     60,160.02             0.00         0.00   7,431,711.36
B         104,505.94    119,937.76             0.00         0.00  14,816,198.51

-------------------------------------------------------------------------------
          304,140.66    727,513.47        46,291.70         0.00  47,953,879.81
===============================================================================

Run: 07/23/97 15:30:16
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S20 (POOL # 4068)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4068
_______________________________________________________________________________


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    191.815076   8.294989     1.287955     9.582944   0.000000    183.520086
A-6    201.407904  16.363273     1.352365    17.715638   0.000000    185.044631
A-7   1000.000000   0.000000     6.714569     6.714569   0.000000   1000.000000
A-8   1000.000000   0.000000     6.714569     6.714569   0.000000   1000.000000
A-9   1487.425467   0.000000     0.000000     0.000000   9.987422   1497.412889
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   228.521330   3.103456     1.534422     4.637878   0.000000    225.417873
A-12    74.434233   1.010862     0.499794     1.510656   0.000000     73.423371
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      880.616934   0.916252     6.204962     7.121214   0.000000    879.700682
B      877.840202   0.913364     6.185397     7.098761   0.000000    876.926838


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:16 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S20 (POOL # 4068)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4068

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,722.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,060.40

SUBSERVICER ADVANCES THIS MONTH                                       23,543.43
MASTER SERVICER ADVANCES THIS MONTH                                    2,591.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,106,929.17

 (B)  TWO MONTHLY PAYMENTS:                                    1     206,124.61

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,559,233.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,953,879.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          180

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 304,825.31

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      326,794.35

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         53.91963710 %    15.39272500 %   30.68763800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            53.60561030 %    15.49762269 %   30.89676700 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2459 %

      BANKRUPTCY AMOUNT AVAILABLE                         340,194.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,917,602.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.19010311
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.29

POOL TRADING FACTOR:                                                12.77238489


................................................................................


Run:        07/23/97     15:30:17                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S21 (POOL # 4069)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4069
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920ZL5   105,871,227.00    32,287,567.39     6.711060  %     40,065.41
S     760920ZN1             0.00             0.00     0.150000  %          0.00
R     760920ZM3           100.00             0.00     6.711060  %          0.00
B                   7,968,810.12     1,888,245.85     6.711060  %      2,300.04

-------------------------------------------------------------------------------
                  113,840,137.12    34,175,813.24                     42,365.45
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         180,565.92    220,631.33             0.00         0.00  32,247,501.98
S           4,271.89      4,271.89             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          10,559.88     12,859.92             0.00         0.00   1,885,945.81

-------------------------------------------------------------------------------
          195,397.69    237,763.14             0.00         0.00  34,133,447.79
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      304.970182   0.378435     1.705524     2.083959   0.000000    304.591747
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      236.954554   0.288630     1.325151     1.613781   0.000000    236.665924


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:17 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S21 (POOL # 4069)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4069

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,311.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,726.54

SUBSERVICER ADVANCES THIS MONTH                                       19,838.66
MASTER SERVICER ADVANCES THIS MONTH                                    2,274.80


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,165,756.44

 (B)  TWO MONTHLY PAYMENTS:                                    2     287,655.24

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,533,570.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,133,447.79

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          121

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                 325,050.40

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          736.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.47490590 %     5.52509410 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.47478670 %     5.52521330 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,836,592.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.37335406
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.53

POOL TRADING FACTOR:                                                29.98366714



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1301

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


................................................................................


Run:        07/23/97     15:35:33                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S23 (POOL # 4070)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4070
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920G28    37,023,610.00             0.00     7.000000  %          0.00
A-2   760920F86    58,150,652.00             0.00     0.000000  %          0.00
A-3   760920F94       307,675.00             0.00     0.000000  %          0.00
A-4   760920G36    42,213,063.00             0.00     8.500000  %          0.00
A-5   760920G44    18,094,000.00             0.00     8.500000  %          0.00
A-6   760920G51    20,500,000.00    15,635,753.17     8.500000  %    618,316.06
A-7   760920H50     2,975,121.40     2,975,121.40     8.500000  %          0.00
A-8   760920G85    12,518,180.60             0.00     0.000000  %          0.00
A-9   760920G93     1,390,910.00             0.00     0.000000  %          0.00
A-10  760920G69     4,090,909.00             0.00     0.000000  %          0.00
A-11  760920G77     3,661,879.00       727,628.78     0.096443  %      6,628.38
R-I   760920H35           100.00             0.00     8.500000  %          0.00
R-II  760920H43           100.00             0.00     8.500000  %          0.00
M     760920H27     4,320,000.00     3,851,222.21     8.500000  %     93,991.50
B                  10,804,782.23     9,546,854.73     8.500000  %     22,276.95

-------------------------------------------------------------------------------
                  216,050,982.23    32,736,580.29                    741,212.89
===============================================================================
_______________________________________________________________________________
                                                                      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       109,622.74    727,938.80             0.00         0.00  15,017,437.11
A-7        20,858.67     20,858.67             0.00         0.00   2,975,121.40
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        2,604.16      9,232.54             0.00         0.00     721,000.40
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          27,001.04    120,992.54             0.00         0.00   3,757,230.71
B          66,933.28     89,210.23             0.00    46,564.01   9,478,013.77

B RECOURSE OBLIGATION
46,564.01


227,019.89 1,014,796.79 0.00 46,564.01 31,948,803.39


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    762.719667  30.161759     5.347451    35.509210   0.000000    732.557908
A-7   1000.000000   0.000000     7.011032     7.011032   0.000000   1000.000000
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     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   198.703666   1.810104     0.711154     2.521258   0.000000    196.893562
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      891.486623  21.757292     6.250241    28.007533   0.000000    869.729331
B      883.576784   2.061768     6.194783     8.256551   0.000000    877.205442
B RECOURSE OBLIGATION                          4.309574
_______________________________________________________________________________


DETERMINATION DATE       21-July-97
DISTRIBUTION DATE        25-July-97

Run: 07/23/97 15:35:34 rept2.frg Page: 2 of 2

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S23 (POOL # 4070)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4070

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,090.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,381.47

SUBSERVICER ADVANCES THIS MONTH                                        8,295.12
MASTER SERVICER ADVANCES THIS MONTH                                    2,309.13


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      80,001.27

 (B)  TWO MONTHLY PAYMENTS:                                    1     225,203.83

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        721,853.61

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      31,948,803.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          131

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                 300,110.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      557,022.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.07307110 %    11.76427800 %   29.16265120 %
PREPAYMENT PERCENT           87.72192130 %    12.00000000 %   12.27807870 %
NEXT DISTRIBUTION            58.57358310 %    11.76016098 %   29.66625590 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0970 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,284,794.00

LOSS AMOUNT COVERED BY LOSS OBLIGATION                                46,564.01
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.83669500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              285.40

POOL TRADING FACTOR:                                                14.78762238

COFI INDEX USED FOR THIS DISTRIBUTION 0.0000

................................................................................

Run:        07/23/97     15:30:18                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S22 (POOL # 4072)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4072
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920H92    23,871,000.00             0.00     8.000000  %          0.00
A-2   760920J25     9,700,000.00             0.00     6.000000  %          0.00
A-3   760920J33             0.00             0.00     2.000000  %          0.00
A-4   760920J41    19,500,000.00             0.00     8.000000  %          0.00
A-5   760920J58    39,840,000.00             0.00     8.000000  %          0.00
A-6   760920J82    10,982,000.00     6,908,543.77     8.000000  %    176,223.48
A-7   760920J90     7,108,000.00             0.00     8.000000  %          0.00
A-8   760920K23    10,000,000.00       967,523.26     8.000000  %     24,679.63
A-9   760920K31    37,500,000.00     3,774,473.01     8.000000  %     96,279.45
A-10  760920J74    17,000,000.00     5,649,127.93     8.000000  %    144,098.24
A-11  760920J66             0.00             0.00     0.349202  %          0.00
R-I   760920K49           100.00             0.00     8.000000  %          0.00
R-II  760920K56           100.00             0.00     8.000000  %          0.00
B                   8,269,978.70     6,448,281.78     8.000000  %     36,242.14

-------------------------------------------------------------------------------
                  183,771,178.70    23,747,949.75                    477,522.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6        45,597.98    221,821.46             0.00         0.00   6,732,320.29
A-7             0.00          0.00             0.00         0.00           0.00
A-8         6,385.88     31,065.51             0.00         0.00     942,843.63
A-9        24,912.39    121,191.84             0.00         0.00   3,678,193.56
A-10       37,285.54    181,383.78             0.00         0.00   5,505,029.69
A-11        6,841.82      6,841.82             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
B          42,560.14     78,802.28             0.00         0.00   6,412,039.64

-------------------------------------------------------------------------------
          163,583.75    641,106.69             0.00         0.00  23,270,426.81
===============================================================================
_______________________________________________________________________________



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-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    629.078835  16.046574     4.152065    20.198639   0.000000    613.032261
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8     96.752326   2.467963     0.638588     3.106551   0.000000     94.284363
A-9    100.652614   2.567452     0.664330     3.231782   0.000000     98.085162
A-10   332.301643   8.476367     2.193267    10.669634   0.000000    323.825276
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
B      779.721691   4.382375     5.146343     9.528718   0.000000    775.339317


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:18 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S22 (POOL # 4072)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4072

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,115.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,542.19

SUBSERVICER ADVANCES THIS MONTH                                        4,387.29
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:                          1     152,766.07


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        193,270.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,270,426.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          105

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                      344,049.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          72.84699590 %    27.15300420 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             72.44554350 %    27.55445650 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3445 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              274,520.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,691,525.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.78145661
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              113.88

POOL TRADING FACTOR:                                                12.66271837


                                                  PAC         COMPANION
ENDING A-7 PRINCIPAL COMPONENT:                        0.00           0.00
ENDING A-8 PRINCIPAL COMPONENT:                  942,843.63           0.00
ENDING A-9 PRINCIPAL COMPONENT:                3,678,193.56           0.00
ENDING A-10 PRINCIPAL COMPONENT:               5,505,029.69           0.00


................................................................................


Run:        07/23/97     15:30:20                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S25 (POOL # 4074)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4074
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920H68   126,657,873.00    28,454,060.66     7.821275  %    430,927.82
S     760920H84             0.00             0.00     0.150000  %          0.00
R     760920H76           100.00             0.00     7.821275  %          0.00
B                   8,084,552.09     6,450,176.66     7.821275  %      6,702.03

-------------------------------------------------------------------------------
                  134,742,525.09    34,904,237.32                    437,629.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         185,053.89    615,981.71             0.00         0.00  28,023,132.84
S           4,353.57      4,353.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          41,949.38     48,651.41             0.00         0.00   6,443,474.63

-------------------------------------------------------------------------------
          231,356.84    668,986.69             0.00         0.00  34,466,607.47
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      224.652917   3.402298     1.461053     4.863351   0.000000    221.250619
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      797.839706   0.828992     5.188832     6.017824   0.000000    797.010714


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:20 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S25 (POOL # 4074)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4074

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,285.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,864.49

SUBSERVICER ADVANCES THIS MONTH                                       18,563.05
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     526,455.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,914,990.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,466,607.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          119

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                      401,362.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.52036210 %    18.47963790 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.30516720 %    18.69483280 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              432,604.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,913,238.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.47085740
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              289.67

POOL TRADING FACTOR:                                                25.57960632



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1633

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


................................................................................


Run:        07/23/97     15:30:21                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S26 (POOL # 4075)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4075
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920N46    26,393,671.00             0.00     6.000000  %          0.00
A-2   760920N20    80,949,153.00             0.00     0.000000  %          0.00
A-3   760920N38       227,532.00             0.00     0.000000  %          0.00
A-4   760920N79    48,309,228.00             0.00     6.000000  %          0.00
A-5   760920N53    47,204,957.00             0.00     0.000000  %          0.00
A-6   760920N61       416,459.00             0.00     0.000000  %          0.00
A-7   760920N87    35,500,000.00             0.00     8.500000  %          0.00
A-8   760920N95    27,999,000.00             0.00     8.500000  %          0.00
A-9   760920P28     2,000,000.00             0.00     8.500000  %          0.00
A-10  760920P36     2,200,000.00     1,023,625.67     8.500000  %     35,175.54
A-11  760920T24    20,000,000.00     9,305,687.63     8.500000  %    319,777.58
A-12  760920P44    39,837,000.00    18,535,533.93     8.500000  %    636,948.98
A-13  760920P77     4,598,000.00     6,887,101.65     8.500000  %          0.00
A-14  760920M62     2,400,000.00       110,898.33     8.500000  %     48,679.79
A-15  760920M70     3,700,000.00     3,700,000.00     8.500000  %          0.00
A-16  760920M88     4,000,000.00     4,000,000.00     8.500000  %          0.00
A-17  760920M96     4,302,000.00     4,302,000.00     8.500000  %          0.00
A-18  760920P51             0.00             0.00     0.094391  %          0.00
R-I   760920P85           100.00             0.00     8.500000  %          0.00
R-II  760920P93           100.00             0.00     8.500000  %          0.00
M     760920P69     8,469,000.00     7,653,013.32     8.500000  %      7,429.59
B                  17,878,726.36    15,044,440.60     8.500000  %     14,605.24

-------------------------------------------------------------------------------
                  376,384,926.36    70,562,301.13                  1,062,616.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10        7,235.25     42,410.79             0.00         0.00     988,450.13
A-11       65,774.98    385,552.56             0.00         0.00   8,985,910.05
A-12      131,013.88    767,962.86             0.00         0.00  17,898,584.95
A-13            0.00          0.00        48,679.79         0.00   6,935,781.44
A-14          783.86     49,463.65             0.00         0.00      62,218.54
A-15       26,152.54     26,152.54             0.00         0.00   3,700,000.00
A-16       28,273.02     28,273.02             0.00         0.00   4,000,000.00
A-17       30,407.63     30,407.63             0.00         0.00   4,302,000.00
A-18        5,538.53      5,538.53             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          54,093.44     61,523.03             0.00         0.00   7,645,583.73
B         106,337.95    120,943.19             0.00         0.00  15,029,835.36

-------------------------------------------------------------------------------
          455,611.08  1,518,227.80        48,679.79         0.00  69,548,364.20
===============================================================================




























Run:        07/23/97     15:30:21
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S26 (POOL # 4075)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4075
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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   465.284395  15.988882     3.288750    19.277632   0.000000    449.295514
A-11   465.284382  15.988879     3.288749    19.277628   0.000000    449.295503
A-12   465.284382  15.988879     3.288749    19.277628   0.000000    449.295503
A-13  1497.847249   0.000000     0.000000     0.000000  10.587166   1508.434415
A-14    46.207638  20.283246     0.326608    20.609854   0.000000     25.924392
A-15  1000.000000   0.000000     7.068254     7.068254   0.000000   1000.000000
A-16  1000.000000   0.000000     7.068255     7.068255   0.000000   1000.000000
A-17  1000.000000   0.000000     7.068254     7.068254   0.000000   1000.000000
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      903.650174   0.877269     6.387229     7.264498   0.000000    902.772905
B      841.471607   0.816907     5.947736     6.764643   0.000000    840.654701


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:22 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S26 (POOL # 4075)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4075

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,317.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,344.88

SUBSERVICER ADVANCES THIS MONTH                                       14,495.51
MASTER SERVICER ADVANCES THIS MONTH                                    6,663.07


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     795,615.00

 (B)  TWO MONTHLY PAYMENTS:                                    2     289,406.18

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        701,705.63

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      69,548,364.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          258

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                 829,624.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      945,434.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         67.83345560 %    10.84575400 %   21.32079080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            67.39618630 %    10.99318987 %   21.61062380 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0931 %

      BANKRUPTCY AMOUNT AVAILABLE                         323,353.00
      FRAUD AMOUNT AVAILABLE                              826,424.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,060,680.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.03352603
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.46

POOL TRADING FACTOR:                                                18.47798871


................................................................................


Run:        07/23/97     15:30:23                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S27 (POOL # 4076)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4076
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920Q27    13,123,000.00             0.00     7.000000  %          0.00
A-2   760920Q76        70,000.00             0.00   952.000000  %          0.00
A-3   760920Q35    14,026,000.00             0.00     7.000000  %          0.00
A-4   760920Q43    15,799,000.00             0.00     7.000000  %          0.00
A-5   760920Q50    13,201,000.00             0.00     7.000000  %          0.00
A-6   760920Q68    20,050,000.00             0.00     7.500000  %          0.00
A-7   760920Q84    16,484,000.00     4,614,374.68     8.000000  %    111,792.04
A-8   760920R42    13,021,000.00    13,021,000.00     8.000000  %          0.00
A-9   760920R59    30,298,000.00             0.00     8.000000  %          0.00
A-10  760920Q92     7,610,000.00             0.00     8.000000  %          0.00
A-11  760920R34     6,335,800.00             0.00     8.000000  %          0.00
A-12  760920R26             0.00             0.00     0.169013  %          0.00
R-I   760920R67           100.00             0.00     8.000000  %          0.00
R-II  760920R75           100.00             0.00     8.000000  %          0.00
B                   7,481,405.19     5,898,079.20     8.000000  %     33,512.35

-------------------------------------------------------------------------------
                  157,499,405.19    23,533,453.88                    145,304.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        30,747.45    142,539.49             0.00         0.00   4,502,582.64
A-8        86,764.19     86,764.19             0.00         0.00  13,021,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12        3,312.93      3,312.93             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
B          39,301.28     72,813.63             0.00         0.00   5,864,566.85

-------------------------------------------------------------------------------
          160,125.85    305,430.24             0.00         0.00  23,388,149.49
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    279.930519   6.781851     1.865291     8.647142   0.000000    273.148668
A-8   1000.000000   0.000000     6.663405     6.663405   0.000000   1000.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     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
B      788.365160   4.479418     5.253196     9.732614   0.000000    783.885741


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:24 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S27 (POOL # 4076)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4076

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,699.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,529.80

SUBSERVICER ADVANCES THIS MONTH                                       10,118.22
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     239,981.07

 (B)  TWO MONTHLY PAYMENTS:                                    1      78,901.65

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        522,125.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,388,149.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          127

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                       11,589.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          74.93746890 %    25.06253110 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             74.92504970 %    25.07495030 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1690 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              149,990.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,285,229.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63582790
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              115.62

POOL TRADING FACTOR:                                                14.84967480


................................................................................


Run:        07/23/97     15:30:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S28 (POOL # 4077)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4077
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920R83   112,112,000.00             0.00     7.750000  %          0.00
A-2   760920R91    10,192,000.00             0.00    10.750000  %          0.00
A-3   760920S41    46,773,810.00             0.00     7.125000  %          0.00
A-4   760920S74    14,926,190.00             0.00    12.375000  %          0.00
A-5   760920S33    15,000,000.00             0.00     6.375000  %          0.00
A-6   760920S58    54,705,000.00             0.00     7.500000  %          0.00
A-7   760920S66     7,815,000.00             0.00    11.500000  %          0.00
A-8   760920S82     8,967,000.00             0.00     8.000000  %          0.00
A-9   760920S90       833,000.00             0.00     8.000000  %          0.00
A-10  760920S25    47,400,000.00    40,991,570.37     8.000000  %    713,850.17
A-11  760920T65     5,603,000.00     5,603,000.00     8.000000  %          0.00
A-12  760920T32    13,680,000.00             0.00     0.000000  %          0.00
A-13  760920T40     3,420,000.00             0.00     0.000000  %          0.00
A-14  760920T57             0.00             0.00     0.267303  %          0.00
R-I   760920T81           100.00             0.00     8.000000  %          0.00
R-II  760920T99           100.00             0.00     8.000000  %          0.00
M     760920T73     7,303,256.00     6,632,887.99     8.000000  %      7,027.07
B                  16,432,384.46    14,765,639.19     8.000000  %     15,643.14

-------------------------------------------------------------------------------
                  365,162,840.46    67,993,097.55                    736,520.38
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10      272,168.47    986,018.64             0.00         0.00  40,277,720.20
A-11       37,201.79     37,201.79             0.00         0.00   5,603,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14       15,084.19     15,084.19             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          44,039.86     51,066.93             0.00         0.00   6,625,860.92
B          98,038.23    113,681.37             0.00         0.00  14,749,996.05

-------------------------------------------------------------------------------
          466,532.54  1,203,052.92             0.00         0.00  67,256,577.17
===============================================================================











































Run:        07/23/97     15:30:24
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S28 (POOL # 4077)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4077
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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   864.801063  15.060130     5.741951    20.802081   0.000000    849.740933
A-11  1000.000000   0.000000     6.639620     6.639620   0.000000   1000.000000
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
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      908.209707   0.962183     6.030168     6.992351   0.000000    907.247524
B      898.569482   0.951970     5.966160     6.918130   0.000000    897.617512


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:25 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S28 (POOL # 4077)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4077

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,864.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,147.04

SUBSERVICER ADVANCES THIS MONTH                                       15,100.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,652,275.41

 (B)  TWO MONTHLY PAYMENTS:                                    1     117,604.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        145,537.75

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,256,577.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          263

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                      664,486.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         68.52838310 %     9.75523700 %   21.71637960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            68.21744750 %     9.85161779 %   21.93093470 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2673 %

      BANKRUPTCY AMOUNT AVAILABLE                         233,273.00
      FRAUD AMOUNT AVAILABLE                              777,254.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,922,399.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.69140733
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              288.72

POOL TRADING FACTOR:                                                18.41824242


................................................................................


Run:        07/23/97     15:30:26                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S29 (POOL # 4078)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4078
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920U22   110,015,514.00    15,883,303.82     7.254596  %    634,221.75
S     760920U30             0.00             0.00     0.250000  %          0.00
R     760920U48           100.00             0.00     7.254596  %          0.00
B                   6,095,852.88     4,039,422.01     7.254596  %      4,483.71

-------------------------------------------------------------------------------
                  116,111,466.88    19,922,725.83                    638,705.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          94,297.14    728,518.89             0.00         0.00  15,249,082.07
S           4,075.99      4,075.99             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          23,981.53     28,465.24             0.00         0.00   4,034,938.30

-------------------------------------------------------------------------------
          122,354.66    761,060.12             0.00         0.00  19,284,020.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      144.373309   5.764839     0.857126     6.621965   0.000000    138.608470
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      662.650836   0.735534     3.934073     4.669607   0.000000    661.915302


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:26 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S29 (POOL # 4078)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4078

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,124.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,078.02

SPREAD                                                                 1,108.88

SUBSERVICER ADVANCES THIS MONTH                                        9,094.72
MASTER SERVICER ADVANCES THIS MONTH                                    3,062.16


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     310,970.19

 (B)  TWO MONTHLY PAYMENTS:                                    1     187,483.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        706,028.30

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,284,020.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           63

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                 401,058.85

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      616,591.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          79.72455150 %    20.27544850 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             79.07625990 %    20.92374010 %

      BANKRUPTCY AMOUNT AVAILABLE                         302,045.00
      FRAUD AMOUNT AVAILABLE                              244,969.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,920,609.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07921336
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.66

POOL TRADING FACTOR:                                                16.60819632


................................................................................


Run:        07/23/97     15:30:28                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S31 (POOL # 4080)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4080
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920W95    32,264,000.00             0.00     5.800000  %          0.00
A-2   760920X29    47,118,000.00             0.00     6.250000  %          0.00
A-3   760920X45    29,970,000.00             0.00     7.000000  %          0.00
A-4   760920X52    24,469,000.00    18,247,500.29     7.500000  %  1,242,542.59
A-5   760920Y36    20,936,000.00    20,936,000.00     7.500000  %          0.00
A-6   760920X86    25,256,000.00             0.00     5.800000  %          0.00
A-7   760920Y44    36,900,000.00             0.00     7.500000  %          0.00
A-8   760920Y51    15,000,000.00     4,768,694.37     7.500000  %    149,649.48
A-9   760920X60    10,324,000.00             0.00     7.500000  %          0.00
A-10  760920Y28     7,703,000.00             0.00     7.500000  %          0.00
A-11  760920X37        50,000.00             0.00  3123.270000  %          0.00
A-12  760920X78        10,000.00             0.00  1595.300000  %          0.00
A-13  760920X94             0.00             0.00     0.202785  %          0.00
R-I   760920Y69           100.00             0.00     7.500000  %          0.00
R-II  760920Y77           100.00             0.00     7.500000  %          0.00
B                  11,800,992.58     9,302,709.84     7.500000  %     52,103.12

-------------------------------------------------------------------------------
                  261,801,192.58    53,254,904.50                  1,444,295.19
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4       113,007.48  1,355,550.07             0.00         0.00  17,004,957.70
A-5       129,657.46    129,657.46             0.00         0.00  20,936,000.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        29,532.71    179,182.19             0.00         0.00   4,619,044.89
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13        8,917.38      8,917.38             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          57,612.05    109,715.17             0.00         0.00   9,250,606.72

-------------------------------------------------------------------------------
          338,727.08  1,783,022.27             0.00         0.00  51,810,609.31
===============================================================================

Run: 07/23/97 15:30:28
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S31 (POOL # 4080)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4080
_______________________________________________________________________________


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    745.739519  50.780277     4.618394    55.398671   0.000000    694.959242
A-5   1000.000000   0.000000     6.193039     6.193039   0.000000   1000.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    317.912958   9.976632     1.968847    11.945479   0.000000    307.936326
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12     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
B      788.298931   4.415148     4.881966     9.297114   0.000000    783.883784


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:29 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S31 (POOL # 4080)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4080

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,657.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,577.75

SUBSERVICER ADVANCES THIS MONTH                                        2,418.39
MASTER SERVICER ADVANCES THIS MONTH                                    2,262.54


                                                          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:                          1     205,176.71


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      51,810,609.31

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          230

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                 194,669.07

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,146,022.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.53173130 %    17.46826880 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.14534270 %    17.85465730 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2022 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              302,240.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,468,262.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.11500450
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.37

POOL TRADING FACTOR:                                                19.79005856


                                   PAC I          PAC II      COMPANION
CLASS A-6 PRIN DIST:                   0.00            0.00       N/A
CLASS A-6 ENDING BAL:                  0.00            0.00       N/A
CLASS A-7 PRIN DIST:                   0.00            0.00           0.00
CLASS A-7 ENDING BAL:                  0.00            0.00           0.00
CLASS A-8 PRIN DIST:             149,649.48          N/A              0.00
CLASS A-8 ENDING BAL:          4,619,044.89          N/A              0.00


................................................................................


Run:        07/23/97     15:30:30                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S32 (POOL # 4081)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4081
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920U71    45,903,000.00             0.00     7.750000  %          0.00
A-2   760920U97    42,619,000.00             0.00     7.750000  %          0.00
A-3   760920V47    46,065,000.00             0.00     6.850000  %          0.00
A-4   760920V21    18,426,000.00             0.00     0.000000  %          0.00
A-5   760920V39             0.00             0.00     0.000000  %          0.00
A-6   760920V88    75,654,000.00             0.00     7.250000  %          0.00
A-7   760920V62    16,812,000.00             0.00     0.000000  %          0.00
A-8   760920V70             0.00             0.00     0.000000  %          0.00
A-9   760920V96    26,123,000.00             0.00     7.750000  %          0.00
A-10  760920W20    65,701,000.00    54,989,569.85     7.750000  %  1,886,819.04
A-11  760920U55     2,522,000.00             0.00     7.750000  %          0.00
A-12  760920U63     2,475,000.00     1,949,775.92     7.750000  %     64,186.80
A-13  760920U89    10,958,000.00    10,958,000.00     7.750000  %          0.00
A-14  760920W46     6,968,000.00    10,015,224.08     7.750000  %          0.00
A-15  760920V54    23,788,000.00             0.00     7.750000  %          0.00
A-16  760920W53    16,332,000.00     8,656,880.28     7.750000  %    209,644.82
A-17  760920W38             0.00             0.00     0.323362  %          0.00
R-I   760920W79           100.00             0.00     7.750000  %          0.00
R-II  760920W87       856,900.00             0.00     7.750000  %          0.00
M     760920W61     8,605,908.00     7,851,066.52     7.750000  %      8,178.46
B                  20,436,665.48    18,644,124.30     7.750000  %     19,421.60

-------------------------------------------------------------------------------
                  430,245,573.48   113,064,640.95                  2,188,250.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10      352,423.92  2,239,242.96             0.00         0.00  53,102,750.81
A-11            0.00          0.00             0.00         0.00           0.00
A-12       12,495.96     76,682.76             0.00         0.00   1,885,589.12
A-13       70,228.98     70,228.98             0.00         0.00  10,958,000.00
A-14            0.00          0.00        64,186.80         0.00  10,079,410.88
A-15            0.00          0.00             0.00         0.00           0.00
A-16       55,481.28    265,126.10             0.00         0.00   8,447,235.46
A-17       30,234.25     30,234.25             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          50,316.88     58,495.34             0.00         0.00   7,842,888.06
B         119,488.75    138,910.35             0.00         0.00  18,624,702.70

-------------------------------------------------------------------------------
          690,670.02  2,878,920.74        64,186.80         0.00 110,940,577.03
===============================================================================

Run: 07/23/97 15:30:30
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S32 (POOL # 4081)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4081
_______________________________________________________________________________


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-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      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   836.967015  28.718270     5.364057    34.082327   0.000000    808.248745
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12   787.788251  25.934061     5.048873    30.982934   0.000000    761.854190
A-13  1000.000000   0.000000     6.408923     6.408923   0.000000   1000.000000
A-14  1437.316889   0.000000     0.000000     0.000000   9.211653   1446.528542
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   530.056348  12.836445     3.397090    16.233535   0.000000    517.219903
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      912.287991   0.950331     5.846783     6.797114   0.000000    911.337660
B      912.287982   0.950331     5.846784     6.797115   0.000000    911.337650


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:31 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S32 (POOL # 4081)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4081

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       33,746.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,774.48

SUBSERVICER ADVANCES THIS MONTH                                       22,237.94
MASTER SERVICER ADVANCES THIS MONTH                                    4,634.92


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     856,901.62

 (B)  TWO MONTHLY PAYMENTS:                                    1     316,624.95

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     206,524.32


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,425,964.75

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     110,940,577.03

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          415

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                 567,958.45

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,006,284.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.56633360 %     6.94387400 %   16.48979220 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            76.14255170 %     7.06944949 %   16.78799880 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3252 %

      BANKRUPTCY AMOUNT AVAILABLE                         129,247.00
      FRAUD AMOUNT AVAILABLE                            1,231,335.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,512,435.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.56372151
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.15

POOL TRADING FACTOR:                                                25.78540812


................................................................................


Run:        07/23/97     15:30:32                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S33 (POOL # 4082)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4082
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609203M8    18,000,000.00             0.00     7.000000  %          0.00
A-2   7609203L0    20,000,000.00             0.00     6.500000  %          0.00
A-3   7609203T3    70,813,559.00             0.00     7.000000  %          0.00
A-4   7609203Q9    70,830,509.00             0.00     0.000000  %          0.00
A-5   7609203R7       355,932.00             0.00     0.000000  %          0.00
A-6   7609203S5    17,000,000.00             0.00     6.823529  %          0.00
A-7   7609203W6    11,800,000.00     6,270,131.28     8.000000  %    767,887.25
A-8   7609204H8    36,700,000.00    20,806,889.85     8.000000  %    401,742.34
A-9   7609204J4    15,000,000.00    13,168,917.65     8.000000  %    254,267.30
A-10  7609203X4    32,000,000.00    32,000,000.00     8.000000  %          0.00
A-11  7609204F2     1,500,000.00     1,500,000.00     8.000000  %          0.00
A-12  7609204G0     6,000,000.00             0.00     8.000000  %          0.00
A-13  7609203Z9             0.00             0.00     0.168376  %          0.00
R-I   7609204L9           100.00             0.00     8.000000  %          0.00
R-II  7609204M7           100.00             0.00     8.000000  %          0.00
M     7609204K1     7,259,092.00     6,744,953.15     8.000000  %      6,964.37
B                  15,322,642.27    13,114,819.50     8.000000  %     13,541.44

-------------------------------------------------------------------------------
                  322,581,934.27    93,605,711.43                  1,444,402.70
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        41,310.14    809,197.39             0.00         0.00   5,502,244.03
A-8       137,084.11    538,826.45             0.00         0.00  20,405,147.51
A-9        86,762.09    341,029.39             0.00         0.00  12,914,650.35
A-10      210,828.79    210,828.79             0.00         0.00  32,000,000.00
A-11        9,882.60      9,882.60             0.00         0.00   1,500,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       12,979.95     12,979.95             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          44,438.44     51,402.81             0.00         0.00   6,737,988.78
B          86,405.70     99,947.14             0.00         0.00  13,101,278.06

-------------------------------------------------------------------------------
          629,691.82  2,074,094.52             0.00         0.00  92,161,308.73
===============================================================================













































Run:        07/23/97     15:30:32
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S33 (POOL # 4082)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4082
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    531.367058  65.075191     3.500859    68.576050   0.000000    466.291867
A-8    566.945228  10.946658     3.735262    14.681920   0.000000    555.998570
A-9    877.927843  16.951153     5.784139    22.735292   0.000000    860.976690
A-10  1000.000000   0.000000     6.588400     6.588400   0.000000   1000.000000
A-11  1000.000000   0.000000     6.588400     6.588400   0.000000   1000.000000
A-12     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      929.173118   0.959400     6.121763     7.081163   0.000000    928.213719
B      855.911093   0.883755     5.639085     6.522840   0.000000    855.027340


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:33 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S33 (POOL # 4082)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4082

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,997.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,756.33

SUBSERVICER ADVANCES THIS MONTH                                       39,077.31
MASTER SERVICER ADVANCES THIS MONTH                                    4,137.23


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,973,983.19

 (B)  TWO MONTHLY PAYMENTS:                                    2     641,718.57

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     204,170.98


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,195,475.41

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      92,161,308.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          358

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                 531,355.31

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,347,752.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.78358880 %     7.20570700 %   14.01070440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.47332340 %     7.31108192 %   14.21559460 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1703 %

      BANKRUPTCY AMOUNT AVAILABLE                         180,157.00
      FRAUD AMOUNT AVAILABLE                            1,016,561.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,922,939.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.60820167
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.99

POOL TRADING FACTOR:                                                28.56989153


................................................................................


Run:        07/23/97     15:30:34                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S34 (POOL # 4083)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4083
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609203F3    40,602,000.00             0.00     6.050000  %          0.00
A-2   7609203G1    89,650,000.00             0.00     6.650000  %          0.00
A-3   7609203K2    49,448,000.00             0.00     7.300000  %          0.00
A-4   7609203H9    72,404,250.00             0.00     0.000000  %          0.00
A-5   7609203J5        76,215.00             0.00     0.000000  %          0.00
A-6   7609203N6    44,428,000.00    27,833,287.17     7.500000  %  1,064,454.73
A-7   7609203P1    15,000,000.00     9,397,211.38     7.500000  %    359,386.44
A-8   7609204B1     7,005,400.00     6,943,635.23     7.500000  %     35,938.64
A-9   7609203V8    30,538,000.00    30,538,000.00     7.500000  %          0.00
A-10  7609203U0    40,000,000.00    40,000,000.00     7.500000  %          0.00
A-11  7609204A3    10,847,900.00    15,334,237.46     7.500000  %          0.00
A-12  7609203Y2             0.00             0.00     0.277636  %          0.00
R-I   7609204D7           100.00             0.00     7.500000  %          0.00
R-II  7609204E5           100.00             0.00     7.500000  %          0.00
M     7609204C9    11,765,145.00    10,977,428.06     7.500000  %     12,313.42
B                  16,042,796.83    14,733,745.10     7.500000  %     16,526.89

-------------------------------------------------------------------------------
                  427,807,906.83   155,757,544.40                  1,488,620.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             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       173,276.55  1,237,731.28             0.00         0.00  26,768,832.44
A-7        58,502.48    417,888.92             0.00         0.00   9,037,824.94
A-8        32,619.97     68,558.61        10,607.74         0.00   6,918,304.33
A-9       190,114.78    190,114.78             0.00         0.00  30,538,000.00
A-10      249,020.61    249,020.61             0.00         0.00  40,000,000.00
A-11            0.00          0.00        95,463.53         0.00  15,429,700.99
A-12       35,895.42     35,895.42             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          68,340.15     80,653.57             0.00         0.00  10,965,114.64
B          91,725.16    108,252.05             0.00         0.00  14,717,218.21

-------------------------------------------------------------------------------
          899,495.12  2,388,115.24       106,071.27         0.00 154,374,995.55
===============================================================================

Run: 07/23/97 15:30:34
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S34 (POOL # 4083)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4083
_______________________________________________________________________________


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    626.480759  23.959096     3.900165    27.859261   0.000000    602.521663
A-7    626.480759  23.959096     3.900165    27.859261   0.000000    602.521663
A-8    991.183263   5.130134     4.656403     9.786537   1.514223    987.567353
A-9   1000.000000   0.000000     6.225515     6.225515   0.000000   1000.000000
A-10  1000.000000   0.000000     6.225515     6.225515   0.000000   1000.000000
A-11  1413.567369   0.000000     0.000000     0.000000   8.800185   1422.367554
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      933.046559   1.046602     5.808696     6.855298   0.000000    931.999958
B      918.402524   1.030174     5.717529     6.747703   0.000000    917.372349


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:36 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S34 (POOL # 4083)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4083

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       43,256.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,705.65

SUBSERVICER ADVANCES THIS MONTH                                       27,605.27
MASTER SERVICER ADVANCES THIS MONTH                                    7,114.80


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,199,387.94

 (B)  TWO MONTHLY PAYMENTS:                                    1     246,478.90

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,225,919.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     154,374,995.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          591

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                 961,639.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,207,835.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         83.49282330 %     7.04776700 %    9.45941020 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            83.36367050 %     7.10290847 %    9.53342100 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2777 %

      BANKRUPTCY AMOUNT AVAILABLE                         195,763.00
      FRAUD AMOUNT AVAILABLE                            1,651,979.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,016,825.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.24099017
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.80

POOL TRADING FACTOR:                                                36.08511977


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00       35,938.64
CLASS A-8 ENDING BALANCE:                     1,714,521.83    5,203,782.50


................................................................................


Run:        07/23/97     15:30:38                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S35 (POOL # 4084)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4084
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609202T4    19,150,000.00             0.00     7.000000  %          0.00
A-2   7609202U1     8,000,000.00             0.00     5.500000  %          0.00
A-3   7609202V9    19,300,000.00             0.00     5.750000  %          0.00
A-4   7609202W7    10,000,000.00             0.00     6.500000  %          0.00
A-5   7609202S6    20,800,000.00    18,930,819.68     6.500000  %  1,189,391.63
A-6   7609202X5     3,680,000.00     3,680,000.00     5.956521  %          0.00
A-7   7609202Y3    15,890,000.00     2,800,000.00     6.450000  %          0.00
A-8   7609202Z0     6,810,000.00     1,200,000.00     8.283333  %          0.00
A-9   7609203C0    37,200,000.00    15,000,000.00     7.000000  %          0.00
A-10  7609203A4        20,000.00         4,806.42  2775.250000  %        214.83
A-11  7609203B2             0.00             0.00     0.449113  %          0.00
R-I   7609203D8           100.00             0.00     7.000000  %          0.00
R-II  7609203E6           100.00             0.00     7.000000  %          0.00
B                   5,904,318.99     4,630,689.58     7.000000  %     26,882.46

-------------------------------------------------------------------------------
                  146,754,518.99    46,246,315.68                  1,216,488.92
===============================================================================
_______________________________________________________________________________
                                                                      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       100,723.32  1,290,114.95             0.00         0.00  17,741,428.05
A-6        17,942.69     17,942.69             0.00         0.00   3,680,000.00
A-7        14,783.08     14,783.08             0.00         0.00   2,800,000.00
A-8         8,136.42      8,136.42             0.00         0.00   1,200,000.00
A-9        85,948.16     85,948.16             0.00         0.00  15,000,000.00
A-10       10,918.71     11,133.54             0.00         0.00       4,591.59
A-11       17,001.23     17,001.23             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
B          26,533.29     53,415.75             0.00         0.00   4,603,807.16

-------------------------------------------------------------------------------
          281,986.90  1,498,475.82             0.00         0.00  45,029,826.80
===============================================================================
_______________________________________________________________________________



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    910.135562  57.182290     4.842467    62.024757   0.000000    852.953272
A-6   1000.000000   0.000000     4.875731     4.875731   0.000000   1000.000000
A-7    176.211454   0.000000     0.930339     0.930339   0.000000    176.211454
A-8    176.211454   0.000000     1.194775     1.194775   0.000000    176.211454
A-9    403.225806   0.000000     2.310434     2.310434   0.000000    403.225807
A-10   240.321000  10.741500   545.935500   556.677000   0.000000    229.579500
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
B      784.288516   4.553016     4.493878     9.046894   0.000000    779.735507


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:40 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S35 (POOL # 4084)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4084

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,312.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,992.47

SUBSERVICER ADVANCES THIS MONTH                                        4,919.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     422,935.87

 (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                                                      45,029,826.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          206

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      948,016.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          89.98690060 %    10.01309950 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             89.77609400 %    10.22390600 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4473 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              506,601.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,370,984.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.87099864
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.75

POOL TRADING FACTOR:                                                30.68377527

                                   PAC I          PAC II      COMPANION
CLASS A-7 PRIN DIST:                   0.00            0.00       N/A
CLASS A-7 ENDING BAL:          2,800,000.00            0.00       N/A
CLASS A-8 PRIN DIST:                   0.00            0.00       N/A
CLASS A-8 ENDING BAL:          1,200,000.00            0.00       N/A
CLASS A-9 PRIN DIST:                   0.00            0.00           0.00
CLASS A-9 ENDING BAL:         15,000,000.00            0.00           0.00


................................................................................


Run:        07/23/97     15:30:42                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S36 (POOL # 4085)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4085
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609204N5    41,250,800.00             0.00     4.850000  %          0.00
A-2   7609204Q8    54,773,000.00    16,380,147.65     5.700000  %  1,525,235.08
A-3   7609204R6    19,990,000.00    11,805,767.93     6.400000  %    325,135.46
A-4   7609204V7    38,524,000.00    38,524,000.00     6.750000  %          0.00
A-5   7609204Z8    17,825,000.00    17,825,000.00     7.000000  %          0.00
A-6   7609205A2     5,911,000.00     5,911,000.00     7.000000  %          0.00
A-7   7609205B0    35,308,700.00             0.00     0.000000  %          0.00
A-8   7609205C8    15,132,300.00             0.00     0.000000  %          0.00
A-9   7609205D6    11,000,000.00             0.00     7.000000  %          0.00
A-10  7609204W5    10,311,000.00             0.00     7.000000  %          0.00
A-11  7609204X3             0.00             0.00     7.000000  %          0.00
A-12  7609204Y1             0.00             0.00     0.348718  %          0.00
R-I   7609205E4           100.00             0.00     7.000000  %          0.00
R-II  7609205F1           100.00             0.00     7.000000  %          0.00
B                  10,418,078.54     8,080,159.51     7.000000  %     46,625.06

-------------------------------------------------------------------------------
                  260,444,078.54    98,526,075.09                  1,896,995.60
===============================================================================
_______________________________________________________________________________
                                                                      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        77,483.81  1,602,718.89             0.00         0.00  14,854,912.57
A-3        62,703.61    387,839.07             0.00         0.00  11,480,632.47
A-4       215,801.00    215,801.00             0.00         0.00  38,524,000.00
A-5       103,549.00    103,549.00             0.00         0.00  17,825,000.00
A-6        34,338.18     34,338.18             0.00         0.00   5,911,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       31,542.84     31,542.84             0.00         0.00           0.00
A-12       28,513.02     28,513.02             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
B          46,939.26     93,564.32             0.00         0.00   8,033,534.45

-------------------------------------------------------------------------------
          600,870.72  2,497,866.32             0.00         0.00  96,629,079.49
===============================================================================
_______________________________________________________________________________



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    299.055149  27.846477     1.414635    29.261112   0.000000    271.208672
A-3    590.583688  16.264905     3.136749    19.401654   0.000000    574.318783
A-4   1000.000000   0.000000     5.601729     5.601729   0.000000   1000.000000
A-5   1000.000000   0.000000     5.809201     5.809201   0.000000   1000.000000
A-6   1000.000000   0.000000     5.809200     5.809200   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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     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
B      775.590190   4.475398     4.505558     8.980956   0.000000    771.114790


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:44 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S36 (POOL # 4085)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4085

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,751.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,579.85

SUBSERVICER ADVANCES THIS MONTH                                       13,313.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     858,076.22

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        270,139.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      96,629,079.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          436

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,328,469.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.79896340 %     8.20103660 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.68621440 %     8.31378560 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3498 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                            1,082,486.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,345,606.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.76563891
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.29

POOL TRADING FACTOR:                                                37.10166114


................................................................................


Run:        07/23/97     15:30:46                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S37 (POOL # 4086)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4086
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609206K9    71,071,000.00             0.00     6.250000  %          0.00
A-2   7609206L7    59,799,000.00             0.00     6.750000  %          0.00
A-3   7609206M5    10,000,000.00             0.00     6.750000  %          0.00
A-4   7609206N3    34,297,000.00             0.00     6.750000  %          0.00
A-5   7609206J2       193,000.00             0.00  1008.609700  %          0.00
A-6   7609206R4    16,418,000.00             0.00     7.650000  %          0.00
A-7   7609206S2    48,219,000.00             0.00     7.650000  %          0.00
A-8   7609206T0    26,191,000.00     3,700,509.53     7.650000  %  1,146,395.44
A-9   7609206U7    51,291,000.00    51,291,000.00     7.650000  %          0.00
A-10  7609206P8    21,624,652.00    21,624,652.00     7.650000  %          0.00
A-11  7609206Q6    10,902,000.00     8,427,985.18     7.650000  %    126,106.60
A-12  7609206G8             0.00             0.00     0.350000  %          0.00
A-13  7609206H6             0.00             0.00     0.104203  %          0.00
R-I   7609206V5           100.00             0.00     8.000000  %          0.00
R-II  7609206W3           100.00             0.00     8.000000  %          0.00
M     7609206X1     9,408,759.00     8,646,071.21     8.000000  %     54,103.40
B                  16,935,768.50    15,562,930.33     8.000000  %     31,286.44

-------------------------------------------------------------------------------
                  376,350,379.50   109,253,148.25                  1,357,891.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        23,530.18  1,169,925.62             0.00         0.00   2,554,114.09
A-9       326,140.61    326,140.61             0.00         0.00  51,291,000.00
A-10      137,503.21    137,503.21             0.00         0.00  21,624,652.00
A-11       53,590.46    179,697.06             0.00         0.00   8,301,878.58
A-12       24,740.85     24,740.85             0.00         0.00           0.00
A-13        9,462.74      9,462.74             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          57,492.48    111,595.88             0.00         0.00   8,591,967.81
B         103,486.49    134,772.93             0.00    66,099.70  15,465,544.19

-------------------------------------------------------------------------------
          735,947.02  2,093,838.90             0.00    66,099.70 107,829,156.67
===============================================================================

Run: 07/23/97 15:30:46
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S37 (POOL # 4086)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4086
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    141.289356  43.770587     0.898407    44.668994   0.000000     97.518769
A-9   1000.000000   0.000000     6.358632     6.358632   0.000000   1000.000000
A-10  1000.000000   0.000000     6.358632     6.358632   0.000000   1000.000000
A-11   773.067802  11.567290     4.915654    16.482944   0.000000    761.500512
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      918.938535   5.750323     6.110527    11.860850   0.000000    913.188212
B      918.938537   1.847359     6.110528     7.957887   0.000000    913.188214


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:47 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S37 (POOL # 4086)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4086

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,773.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,352.89

SUBSERVICER ADVANCES THIS MONTH                                       28,561.03
MASTER SERVICER ADVANCES THIS MONTH                                    1,796.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,497,547.43

 (B)  TWO MONTHLY PAYMENTS:                                    3     635,587.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     734,829.71


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        815,838.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     107,829,156.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          395

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                 235,229.16

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      740,332.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.84136940 %     7.91379600 %   14.24483470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.68923290 %     7.96813040 %   14.34263670 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1023 %

      BANKRUPTCY AMOUNT AVAILABLE                         148,593.00
      FRAUD AMOUNT AVAILABLE                            1,175,017.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,935,675.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.52461111
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.04

POOL TRADING FACTOR:                                                28.65126822


................................................................................


Run:        07/23/97     15:30:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S38 (POOL # 4087)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4087
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609205T1    69,726,000.00             0.00     7.500000  %          0.00
A-2   7609205U8    30,455,000.00             0.00     7.500000  %          0.00
A-3   7609205V6    69,537,000.00             0.00     7.500000  %          0.00
A-4   7609205W4    18,970,000.00             0.00     7.500000  %          0.00
A-5   7609205X2    70,018,000.00    11,252,021.08     7.500000  %  1,352,423.29
A-6   7609205Y0    46,182,000.00    46,182,000.00     7.500000  %          0.00
A-7   7609205Z7    76,357,000.00    76,357,000.00     7.500000  %          0.00
A-8   7609206A1     9,513,000.00     9,929,603.65     7.500000  %          0.00
A-9   7609206B9     9,248,000.00    12,995,812.06     7.500000  %          0.00
A-10  7609205S3             0.00             0.00     0.199896  %          0.00
R     7609206D5           100.00             0.00     7.500000  %          0.00
M     7609206C7     9,625,924.00     9,108,257.80     7.500000  %      9,941.89
B                  18,182,304.74    17,022,444.71     7.500000  %     18,580.41

-------------------------------------------------------------------------------
                  427,814,328.74   182,847,139.30                  1,380,945.59
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        70,225.27  1,422,648.56             0.00         0.00   9,899,597.79
A-6       288,227.63    288,227.63             0.00         0.00  46,182,000.00
A-7       476,553.57    476,553.57             0.00         0.00  76,357,000.00
A-8        52,955.94     52,955.94         9,015.95         0.00   9,938,619.60
A-9             0.00          0.00        81,108.49         0.00  13,076,920.55
A-10       30,415.43     30,415.43             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          56,845.77     66,787.66             0.00         0.00   9,098,315.91
B         106,239.20    124,819.61             0.00         0.00  17,003,864.30

-------------------------------------------------------------------------------
        1,081,462.81  2,462,408.40        90,124.44         0.00 181,556,318.15
===============================================================================
_______________________________________________________________________________



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    160.701835  19.315366     1.002960    20.318326   0.000000    141.386469
A-6   1000.000000   0.000000     6.241125     6.241125   0.000000   1000.000000
A-7   1000.000000   0.000000     6.241125     6.241125   0.000000   1000.000000
A-8   1043.793088   0.000000     5.566692     5.566692   0.947750   1044.740839
A-9   1405.256494   0.000000     0.000000     0.000000   8.770382   1414.026876
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      946.221661   1.032824     5.905487     6.938311   0.000000    945.188837
B      936.209405   1.021895     5.843000     6.864895   0.000000    935.187510


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:50 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S38 (POOL # 4087)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4087

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       50,819.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,357.82

SUBSERVICER ADVANCES THIS MONTH                                       34,394.17
MASTER SERVICER ADVANCES THIS MONTH                                    1,848.26


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,334,476.49

 (B)  TWO MONTHLY PAYMENTS:                                    2     420,416.06

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        850,697.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     181,556,318.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          693

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                 253,256.59

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,091,239.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.70899030 %     4.98135100 %    9.30965880 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.62309450 %     5.01129126 %    9.36561420 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1989 %

      BANKRUPTCY AMOUNT AVAILABLE                         191,378.00
      FRAUD AMOUNT AVAILABLE                              973,092.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,106,946.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.15901709
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.71

POOL TRADING FACTOR:                                                42.43811064


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00            0.00
CLASS A-8 ENDING BALANCE:                     1,453,619.60    8,485,000.00


................................................................................


Run:        07/23/97     15:30:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S39 (POOL # 4088)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4088
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609205G9     8,800,000.00             0.00     7.500000  %          0.00
A-2   7609204P0    15,008,000.00             0.00     5.350000  %          0.00
A-3   7609204S4    32,074,000.00             0.00     6.400000  %          0.00
A-4   7609204T2    27,018,800.00             0.00     0.000000  %          0.00
A-5   7609204U9             0.00             0.00     0.000000  %          0.00
A-6   7609205L8    13,180,000.00             0.00     7.500000  %          0.00
A-7   7609205M6    29,879,000.00    18,423,882.11     7.500000  %  1,184,988.15
A-8   7609205N4    19,565,000.00    19,565,000.00     7.500000  %          0.00
A-9   7609205P9     8,765,000.00             0.00     7.500000  %          0.00
A-10  7609205H7    16,710,000.00             0.00     7.500000  %          0.00
A-11  7609205J3     4,072,000.00             0.00     7.500000  %          0.00
A-12  7609205K0             0.00             0.00     0.151729  %          0.00
R-I   7609205Q7           100.00             0.00     7.500000  %          0.00
R-II  7609205R5           100.00             0.00     7.500000  %          0.00
B                   8,730,829.51     6,824,488.44     7.500000  %     37,868.41

-------------------------------------------------------------------------------
                  183,802,829.51    44,813,370.55                  1,222,856.56
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7       113,183.89  1,298,172.04             0.00         0.00  17,238,893.96
A-8       120,194.15    120,194.15             0.00         0.00  19,565,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12        5,569.54      5,569.54             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          41,925.04     79,793.45             0.00         0.00   6,786,620.03

-------------------------------------------------------------------------------
          280,872.62  1,503,729.18             0.00         0.00  43,590,513.99
===============================================================================
_______________________________________________________________________________



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-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    616.616423  39.659565     3.788075    43.447640   0.000000    576.956858
A-8   1000.000000   0.000000     6.143325     6.143325   0.000000   1000.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     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
B      781.654072   4.337320     4.801955     9.139275   0.000000    777.316751


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:54 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S39 (POOL # 4088)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4088

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,409.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,953.90

SUBSERVICER ADVANCES THIS MONTH                                       12,237.04
MASTER SERVICER ADVANCES THIS MONTH                                    2,585.55


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     472,613.12

 (B)  TWO MONTHLY PAYMENTS:                                    2     568,304.28

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      43,590,513.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          192

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                 223,165.62

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      974,191.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.77131190 %    15.22868810 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.43097040 %    15.56902960 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1524 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              495,496.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,677,629.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.14452452
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.74

POOL TRADING FACTOR:                                                23.71591020


................................................................................


Run:        07/23/97     15:30:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S40 (POOL # 4089)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4089
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     7609206E3   176,034,900.00    34,580,063.92     7.991533  %    671,042.87
R     7609206F0           100.00             0.00     7.991533  %          0.00
B                  11,237,146.51     8,406,923.21     7.991533  %      7,973.89

-------------------------------------------------------------------------------
                  187,272,146.51    42,986,987.13                    679,016.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         228,064.45    899,107.32             0.00         0.00  33,909,021.05
R               0.00          0.00             0.00         0.00           0.00
B          55,445.84     63,419.73             0.00         0.00   8,398,949.32

-------------------------------------------------------------------------------
          283,510.29    962,527.05             0.00         0.00  42,307,970.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      196.438683   3.811988     1.295564     5.107552   0.000000    192.626695
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      748.136834   0.709601     4.934157     5.643758   0.000000    747.427233


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:30:58 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S40 (POOL # 4089)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4089

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,126.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,357.94

SUBSERVICER ADVANCES THIS MONTH                                       24,227.02
MASTER SERVICER ADVANCES THIS MONTH                                    7,436.35


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     776,696.76

 (B)  TWO MONTHLY PAYMENTS:                                    1     256,256.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,160,509.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      42,307,970.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          147

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                 965,211.29

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      638,243.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          80.44309740 %    19.55690260 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             80.14806840 %    19.85193160 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              513,827.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,912,833.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.52469432
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.07

POOL TRADING FACTOR:                                                22.59170472



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


................................................................................


Run:        07/23/97     15:31:01                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S41 (POOL # 4090)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4090
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609207T9    10,965,657.00             0.00     5.000000  %          0.00
A-2   7609207Z5       245,000.00             0.00     7.000000  %          0.00
A-3   7609207U6     5,418,291.00             0.00     6.000000  %          0.00
A-4   7609207V4    16,878,481.00             0.00     6.000000  %          0.00
A-5   7609207R3    14,917,608.00             0.00     0.000000  %          0.00
A-6   7609207S1        74,963.00             0.00     0.000000  %          0.00
A-7   7609208A9     6,200,000.00             0.00     7.000000  %          0.00
A-8   7609208B7    14,000,000.00    10,744,984.74     7.000000  %    417,825.54
A-9   7609208C5    14,100,000.00    14,100,000.00     7.000000  %          0.00
A-10  7609207W2     9,700,000.00     9,700,000.00     7.000000  %          0.00
A-11  7609207X0    16,100,000.00    16,100,000.00     7.000000  %          0.00
A-12  7609207Y8    19,580,800.00             0.00     7.000000  %          0.00
A-13  7609207L6     5,010,527.00             0.00     0.000000  %          0.00
A-14  7609207M4     1,789,473.00             0.00     0.000000  %          0.00
A-15  7609207N2    11,568,421.00             0.00     0.000000  %          0.00
A-16  7609207P7     4,131,579.00             0.00     0.000000  %          0.00
A-17  7609207Q5             0.00             0.00     0.399953  %          0.00
R-I   7609208D3           100.00             0.00     7.000000  %          0.00
R-II  7609208E1           100.00             0.00     7.000000  %          0.00
B                   6,278,931.35     4,989,311.12     7.000000  %     28,879.77

-------------------------------------------------------------------------------
                  156,959,931.35    55,634,295.86                    446,705.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        62,580.12    480,405.66             0.00         0.00  10,327,159.20
A-9        82,120.14     82,120.14             0.00         0.00  14,100,000.00
A-10       56,493.99     56,493.99             0.00         0.00   9,700,000.00
A-11       93,768.39     93,768.39             0.00         0.00  16,100,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16            0.00          0.00             0.00         0.00           0.00
A-17       18,513.31     18,513.31             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
B          29,058.36     57,938.13             0.00         0.00   4,960,431.35

-------------------------------------------------------------------------------
          342,534.31    789,239.62             0.00         0.00  55,187,590.55
===============================================================================

Run: 07/23/97 15:31:01
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S41 (POOL # 4090)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4090
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    767.498910  29.844681     4.470009    34.314690   0.000000    737.654229
A-9   1000.000000   0.000000     5.824123     5.824123   0.000000   1000.000000
A-10  1000.000000   0.000000     5.824123     5.824123   0.000000   1000.000000
A-11  1000.000000   0.000000     5.824124     5.824124   0.000000   1000.000000
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     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16     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
B      794.611510   4.599472     4.627915     9.227387   0.000000    790.012038


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:04 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S41 (POOL # 4090)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4090

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,959.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,938.24

SUBSERVICER ADVANCES THIS MONTH                                       10,662.17
MASTER SERVICER ADVANCES THIS MONTH                                    5,072.31


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     924,938.14

 (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                                                      55,187,590.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          257

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                 440,036.60

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      124,675.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.03195060 %     8.96804940 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.01169070 %     8.98830930 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.400011 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              600,266.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,273,775.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85021342
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.61

POOL TRADING FACTOR:                                                35.16030497


LIBOR INDEX:                                                              0.0000
1 YEAR TREASURY INDEX:                                                    0.0000
5 YEAR TREASURY INDEX:                                                    0.0000
                                                    PAC             COMPANION
CLASS A-12 PRINCIPAL DISTRIBUTION:                      0.00                0.00
CLASS A-12 ENDING BALANCE:                              0.00                0.00


................................................................................


Run:        07/23/97     15:31:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S42 (POOL # 4091)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4091
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944AA6   120,073,000.00    29,583,168.85     7.956837  %    328,755.52
M     760944AB4     5,352,000.00     4,099,043.14     7.956837  %     43,529.48
R     760944AC2           100.00             0.00     7.956837  %          0.00
B                   8,362,385.57     5,895,538.02     7.956837  %     67,539.55

-------------------------------------------------------------------------------
                  133,787,485.57    39,577,750.01                    439,824.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         195,458.93    524,214.45             0.00         0.00  29,254,413.33
M          27,082.78     70,612.26             0.00         0.00   4,055,513.66
R               0.00          0.00             0.00         0.00           0.00
B          38,952.41    106,491.96             0.00         0.00   5,827,998.47

-------------------------------------------------------------------------------
          261,494.12    701,318.67             0.00         0.00  39,137,925.46
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      246.376528   2.737964     1.627834     4.365798   0.000000    243.638564
M      765.889974   8.133311     5.060310    13.193621   0.000000    757.756663
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      705.006720   8.076588     4.658050    12.734638   0.000000    696.930131


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:08 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S42 (POOL # 4091)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4091

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,909.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,138.37

SUBSERVICER ADVANCES THIS MONTH                                       10,849.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     589,894.25

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     443,189.38


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        392,475.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      39,137,925.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          139

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                      402,884.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.74696980 %    10.35693800 %   14.89609190 %
PREPAYMENT PERCENT           74.74696980 %     0.00000000 %   25.25303020 %
NEXT DISTRIBUTION            74.74696980 %    10.36210686 %   14.89092330 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              702,812.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,924,177.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.47477538
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.75

POOL TRADING FACTOR:                                                29.25380150



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


................................................................................


Run:        07/23/97     15:31:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S43 (POOL # 4092)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4092
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944BG2    75,000,000.00             0.00     8.250000  %          0.00
A-2   760944AV0    93,000,000.00             0.00     7.798000  %          0.00
A-3   760944AF5    22,500,000.00             0.00     7.000000  %          0.00
A-4   760944AZ1    11,666,667.00             0.00     8.000000  %          0.00
A-5   760944BA5     5,000,000.00     2,848,560.52     8.000000  %    255,406.04
A-6   760944BH0    45,000,000.00             0.00     8.500000  %          0.00
A-7   760944BB3    15,000,000.00    14,589,687.11     8.000000  %    329,438.09
A-8   760944BC1     4,612,500.00     4,612,500.00     8.000000  %          0.00
A-9   760944BD9    38,895,833.00    37,305,300.68     8.000000  %  1,277,030.13
A-10  760944AW8    23,100,000.00    23,100,000.00     8.000000  %          0.00
A-11  760944AX6    15,000,000.00    15,000,000.00     8.000000  %          0.00
A-12  760944AY4     1,225,000.00     1,225,000.00     8.000000  %          0.00
A-13  760944AD0             0.00             0.00     0.157985  %          0.00
R     760944BF4           100.00             0.00     8.000000  %          0.00
M     760944BE7     9,408,500.00     8,732,747.93     8.000000  %      8,647.40
B                  16,938,486.28    15,591,305.45     8.000000  %     15,438.92

-------------------------------------------------------------------------------
                  376,347,086.28   123,005,101.69                  1,885,960.58
===============================================================================
_______________________________________________________________________________
                                                                      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        18,768.17    274,174.21             0.00         0.00   2,593,154.48
A-6             0.00          0.00             0.00         0.00           0.00
A-7        96,126.37    425,564.46             0.00         0.00  14,260,249.02
A-8        30,390.16     30,390.16             0.00         0.00   4,612,500.00
A-9       245,791.64  1,522,821.77             0.00         0.00  36,028,270.55
A-10      154,000.00    154,000.00             0.00         0.00  23,100,000.00
A-11       98,829.78     98,829.78             0.00         0.00  15,000,000.00
A-12        8,071.10      8,071.10             0.00         0.00   1,225,000.00
A-13       16,004.64     16,004.64             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          57,537.04     66,184.44             0.00         0.00   8,724,100.53
B         102,725.68    118,164.60             0.00         0.00  15,575,866.53

-------------------------------------------------------------------------------
          828,244.58  2,714,205.16             0.00         0.00 121,119,141.11
===============================================================================

Run: 07/23/97 15:31:10
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S43 (POOL # 4092)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4092
_______________________________________________________________________________


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    569.712104  51.081208     3.753634    54.834842   0.000000    518.630896
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    972.645807  21.962539     6.408425    28.370964   0.000000    950.683268
A-8   1000.000000   0.000000     6.588653     6.588653   0.000000   1000.000000
A-9    959.107899  32.832055     6.319228    39.151283   0.000000    926.275844
A-10  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-11  1000.000000   0.000000     6.588652     6.588652   0.000000   1000.000000
A-12  1000.000000   0.000000     6.588653     6.588653   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      928.176429   0.919105     6.115432     7.034537   0.000000    927.257324
B      920.466280   0.911469     6.064632     6.976101   0.000000    919.554810


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:13 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S43 (POOL # 4092)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4092

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       29,766.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,772.79

SUBSERVICER ADVANCES THIS MONTH                                       31,021.17
MASTER SERVICER ADVANCES THIS MONTH                                    4,385.49


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     716,320.17

 (B)  TWO MONTHLY PAYMENTS:                                    3     928,912.99

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5   1,314,128.15


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,158,573.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     121,119,141.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          438

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                 563,326.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,764,157.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.22516710 %     7.09950100 %   12.67533240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.93713720 %     7.20290819 %   12.85995460 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1573 %

      BANKRUPTCY AMOUNT AVAILABLE                         228,480.00
      FRAUD AMOUNT AVAILABLE                            1,312,828.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,929,321.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57741205
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.34

POOL TRADING FACTOR:                                                32.18282950


AMOUNT PAID FROM SPECIAL RESERVE ACCT FOR A-10 SHORTFALL                1,802.14
AMOUNT PAID TO CLASS R FROM EARNINGS ON RESERVE ACCOUNT                     0.00
AMOUNT ON DEPOSIT IN SPECIAL RESERVE ACCOUNT                           62,537.35


................................................................................


Run:        07/23/97     15:31:15                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S44 (POOL # 4093)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4093
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944AG3    12,632,000.00             0.00     7.500000  %          0.00
A-2   760944AK4    11,157,000.00             0.00     7.500000  %          0.00
A-3   760944AL2    19,746,000.00             0.00     7.500000  %          0.00
A-4   760944AM0     7,739,000.00             0.00     7.500000  %          0.00
A-5   760944AN8    14,909,000.00     2,170,942.03     7.500000  %    169,736.10
A-6   760944AP3     4,188,000.00     4,188,000.00     7.500000  %          0.00
A-7   760944AQ1    11,026,000.00    11,026,000.00     7.500000  %          0.00
A-8   760944AR9    19,073,000.00    19,073,000.00     7.500000  %          0.00
A-9   760944AS7    12,029,900.00    12,029,900.00     7.500000  %          0.00
A-10  760944AH1     8,325,000.00     1,212,538.00     7.500000  %     18,859.57
A-11  760944AJ7     4,175,000.00     4,175,000.00     7.500000  %          0.00
A-12  760944AE8             0.00             0.00     0.143547  %          0.00
R     760944AU2           100.00             0.00     7.500000  %          0.00
M     760944AT5     3,008,033.00     2,874,547.08     7.500000  %      3,165.48
B                   5,682,302.33     5,378,709.14     7.500000  %      5,923.10

-------------------------------------------------------------------------------
                  133,690,335.33    62,128,636.25                    197,684.25
===============================================================================
_______________________________________________________________________________
                                                                      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        13,540.63    183,276.73             0.00         0.00   2,001,205.93
A-6        26,121.45     26,121.45             0.00         0.00   4,188,000.00
A-7        68,771.52     68,771.52             0.00         0.00  11,026,000.00
A-8       118,962.38    118,962.38             0.00         0.00  19,073,000.00
A-9        75,033.07     75,033.07             0.00         0.00  12,029,900.00
A-10        7,562.86     26,422.43             0.00         0.00   1,193,678.43
A-11       26,040.37     26,040.37             0.00         0.00   4,175,000.00
A-12        7,416.78      7,416.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          17,929.17     21,094.65             0.00         0.00   2,871,381.60
B          33,548.15     39,471.25             0.00         0.00   5,372,786.04

-------------------------------------------------------------------------------
          394,926.38    592,610.63             0.00         0.00  61,930,952.00
===============================================================================
_______________________________________________________________________________



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    145.612853  11.384808     0.908219    12.293027   0.000000    134.228046
A-6   1000.000000   0.000000     6.237213     6.237213   0.000000   1000.000000
A-7   1000.000000   0.000000     6.237214     6.237214   0.000000   1000.000000
A-8   1000.000000   0.000000     6.237214     6.237214   0.000000   1000.000000
A-9   1000.000000   0.000000     6.237215     6.237215   0.000000   1000.000000
A-10   145.650210   2.265414     0.908452     3.173866   0.000000    143.384796
A-11  1000.000000   0.000000     6.237214     6.237214   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      955.623519   1.052342     5.960430     7.012772   0.000000    954.571177
B      946.572151   1.042375     5.903973     6.946348   0.000000    945.529774


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:17 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S44 (POOL # 4093)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4093

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,798.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,512.53

SUBSERVICER ADVANCES THIS MONTH                                        1,947.18
MASTER SERVICER ADVANCES THIS MONTH                                    2,687.75


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     266,698.60

 (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                                                      61,930,952.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          234

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                 370,459.96

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      129,267.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.71585810 %     4.62676700 %    8.65737520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.68813030 %     4.63642413 %    8.67544560 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1433 %

      BANKRUPTCY AMOUNT AVAILABLE                         131,657.00
      FRAUD AMOUNT AVAILABLE                              331,785.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,922,460.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.09644227
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.03

POOL TRADING FACTOR:                                                46.32418031


................................................................................


Run:        07/23/97     15:31:19                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S1 (POOL # 4094)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4094
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944CA4   150,223,843.00    37,565,975.16     7.857768  %  1,099,074.71
R     760944CB2           100.00             0.00     7.857768  %          0.00
B                   3,851,896.47     3,114,800.76     7.857768  %     16,790.05

-------------------------------------------------------------------------------
                  154,075,839.47    40,680,775.92                  1,115,864.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         243,810.04  1,342,884.75             0.00         0.00  36,466,900.45
R               0.00          0.00             0.00         0.00           0.00
B          20,215.62     37,005.67             0.00         0.00   3,098,010.71

-------------------------------------------------------------------------------
          264,025.66  1,379,890.42             0.00         0.00  39,564,911.16
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      250.066663   7.316247     1.622978     8.939225   0.000000    242.750417
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      808.640830   4.358905     5.248225     9.607130   0.000000    804.281926


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:20 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S1 (POOL # 4094)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4094

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,646.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,275.76

SUBSERVICER ADVANCES THIS MONTH                                        7,344.96
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     642,413.13

 (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                                                      39,564,911.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          211

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                      896,578.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.34331040 %     7.65668970 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.16980240 %     7.83019760 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              221,072.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,081,232.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23866401
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.49

POOL TRADING FACTOR:                                                25.67885484


................................................................................


Run:        07/23/97     15:31:21                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S2 (POOL # 4095)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4095
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944CC0    51,176,000.00             0.00     8.000000  %          0.00
A-2   760944CD8   101,367,845.00             0.00     8.000000  %          0.00
A-3   760944CE6    44,286,923.00             0.00     8.000000  %          0.00
A-4   760944CF3    31,377,195.00    23,233,779.82     8.000000  %    700,677.79
A-5   760944CG1    41,173,880.00    41,173,880.00     8.000000  %          0.00
A-6   760944CH9     5,637,293.00             0.00     8.000000  %          0.00
A-7   760944BL1    20,001,399.00             0.00     0.000000  %          0.00
A-8   760944BM9     5,000,350.00             0.00     0.000000  %          0.00
A-9   760944BN7             0.00             0.00     0.229245  %          0.00
R     760944CM8           100.00             0.00     8.000000  %          0.00
M-1   760944CJ5     6,417,561.00     5,937,648.08     8.000000  %     21,759.44
M-2   760944CK2     4,813,170.00     4,576,029.15     8.000000  %     16,769.57
M-3   760944CL0     3,208,780.00     3,084,101.33     8.000000  %          0.00
B-1                 4,813,170.00     4,760,192.39     8.000000  %          0.00
B-2                 1,604,363.09       700,085.86     8.000000  %          0.00

-------------------------------------------------------------------------------
                  320,878,029.09    83,465,716.63                    739,206.80
===============================================================================
_______________________________________________________________________________
                                                                      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       154,083.13    854,760.92             0.00         0.00  22,533,102.03
A-5       273,059.31    273,059.31             0.00         0.00  41,173,880.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9        15,861.85     15,861.85             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        39,377.64     61,137.08             0.00         0.00   5,915,888.64
M-2        60,724.21     77,493.78             0.00         0.00   4,559,259.58
M-3         4,518.05      4,518.05             0.00         0.00   3,084,101.33
B-1             0.00          0.00             0.00         0.00   4,760,192.39
B-2             0.00          0.00             0.00         0.00     668,773.64


547,624.19 1,286,830.99 0.00 0.00 82,695,197.61


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    740.467076  22.330798     4.910673    27.241471   0.000000    718.136278
A-5   1000.000000   0.000000     6.631858     6.631858   0.000000   1000.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    925.218799   3.390609     6.135920     9.526529   0.000000    921.828190
M-2    950.730839   3.484101    12.616261    16.100362   0.000000    947.246738
M-3    961.144525   0.000000     1.408027     1.408027   0.000000    961.144525
B-1    988.993198   0.000000     0.000000     0.000000   0.000000    988.993198
B-2    436.363729   0.000000     0.000000     0.000000   0.000000    416.846812


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:24 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S2 (POOL # 4095)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4095

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,608.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,079.81

SUBSERVICER ADVANCES THIS MONTH                                       21,070.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,562,324.97

 (B)  TWO MONTHLY PAYMENTS:                                    1      91,863.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     356,927.47


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        679,880.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      82,695,197.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          352

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                      464,645.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.16660500 %    16.29145400 %    6.54194140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.03830920 %    16.39665899 %    6.56503180 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2287 %

      BANKRUPTCY AMOUNT AVAILABLE                         117,703.00
      FRAUD AMOUNT AVAILABLE                              453,771.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,967,958.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68128456
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.54

POOL TRADING FACTOR:                                                25.77153626


................................................................................


Run:        07/23/97     15:31:26                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S3 (POOL # 4096)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4096
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944BS6     4,010,000.00             0.00     7.500000  %          0.00
A-2   760944BT4    28,700,000.00             0.00     7.500000  %          0.00
A-3   760944BU1    10,700,000.00     3,967,280.59     7.500000  %     32,383.13
A-4   760944BV9    37,600,000.00    17,725,732.81     7.500000  %     26,330.21
A-5   760944BW7    10,000,000.00    10,000,000.00     7.500000  %          0.00
A-6   760944BX5     9,000,000.00     9,000,000.00     7.500000  %          0.00
A-7   760944BP2             0.00             0.00     0.181166  %          0.00
R     760944BZ0           100.00             0.00     7.500000  %          0.00
M     760944BY3     2,674,000.00     2,561,030.35     7.500000  %      2,797.77
B-1                 3,744,527.00     3,586,330.29     7.500000  %          0.00
B-2                   534,817.23       411,283.03     7.500000  %          0.00

-------------------------------------------------------------------------------
                  106,963,444.23    47,251,657.07                     61,511.11
===============================================================================
_______________________________________________________________________________
                                                                      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        24,788.02     57,171.15             0.00         0.00   3,934,897.46
A-4       110,752.42    137,082.63             0.00         0.00  17,699,402.60
A-5        62,481.15     62,481.15             0.00         0.00  10,000,000.00
A-6        56,233.04     56,233.04             0.00         0.00   9,000,000.00
A-7         7,131.52      7,131.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          31,763.99     34,561.76             0.00         0.00   2,558,232.58
B-1        13,582.32     13,582.32             0.00         0.00   3,586,330.29
B-2             0.00          0.00             0.00         0.00     406,915.88

-------------------------------------------------------------------------------
          306,732.46    368,243.57             0.00         0.00  47,185,778.81
===============================================================================
_______________________________________________________________________________



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    370.773887   3.026461     2.316637     5.343098   0.000000    367.747426
A-4    471.429064   0.700272     2.945543     3.645815   0.000000    470.728793
A-5   1000.000000   0.000000     6.248115     6.248115   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248116     6.248116   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      957.752562   1.046286    11.878829    12.925115   0.000000    956.706275
B-1    957.752552   0.000000     3.627246     3.627246   0.000000    957.752552
B-2    769.016043   0.000000     0.000000     0.000000   0.000000    760.850356


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:28 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S3 (POOL # 4096)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4096

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,493.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,013.29

SUBSERVICER ADVANCES THIS MONTH                                        6,838.57
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     315,817.17

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     600,656.38


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,185,778.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          182

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       14,258.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.11975940 %     5.41998000 %    8.46026060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.11556510 %     5.42161779 %    8.46281710 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1812 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              493,785.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,754,266.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.14896363
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.46

POOL TRADING FACTOR:                                                44.11392990


................................................................................


Run:        07/23/97     15:31:30                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S4 (POOL # 4097)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4097
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944BQ0   113,935,314.00    30,778,205.96     7.892673  %    528,028.12
R     760944BR8           100.00             0.00     7.892673  %          0.00
B                   7,272,473.94     5,470,745.46     7.892673  %      5,442.48

-------------------------------------------------------------------------------
                  121,207,887.94    36,248,951.42                    533,470.60
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         199,755.33    727,783.45             0.00         0.00  30,250,177.84
R               0.00          0.00             0.00         0.00           0.00
B          35,505.98     40,948.46             0.00         0.00   5,465,302.98

-------------------------------------------------------------------------------
          235,261.31    768,731.91             0.00         0.00  35,715,480.82
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      270.137545   4.634455     1.753235     6.387690   0.000000    265.503089
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      752.253704   0.748366     4.882244     5.630610   0.000000    751.505337


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:32 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S4 (POOL # 4097)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4097

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,465.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,747.55

SUBSERVICER ADVANCES THIS MONTH                                       10,402.12
MASTER SERVICER ADVANCES THIS MONTH                                    1,410.37


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     451,961.18

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        934,882.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      35,715,480.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          136

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                 188,227.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      497,408.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.90785180 %    15.09214820 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.69766370 %    15.30233630 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,284.00
      FRAUD AMOUNT AVAILABLE                              411,026.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,807,122.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.41567415
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.05

POOL TRADING FACTOR:                                                29.46630077



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


................................................................................


Run:        07/23/97     15:31:36                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S5 (POOL # 4098)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4098
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944BJ6   141,622,300.00    40,814,961.68     6.909026  %  2,512,647.96
R     760944BK3           100.00             0.00     6.909026  %          0.00
B                  11,897,842.91     9,552,211.43     6.909026  %      3,874.35

-------------------------------------------------------------------------------
                  153,520,242.91    50,367,173.11                  2,516,522.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         229,757.35  2,742,405.31             0.00         0.00  38,302,313.72
R               0.00          0.00             0.00         0.00           0.00
B          53,771.72     57,646.07             0.00         0.00   9,513,860.79

-------------------------------------------------------------------------------
          283,529.07  2,800,051.38             0.00         0.00  47,816,174.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      288.195868  17.741895     1.622325    19.364220   0.000000    270.453973
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      802.852374   0.325635     4.519452     4.845087   0.000000    799.629047


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:37 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S5 (POOL # 4098)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4098

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,445.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,434.26

SPREAD                                                                 9,827.20

SUBSERVICER ADVANCES THIS MONTH                                       13,124.58
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     245,614.12

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     651,490.16


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        976,745.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,816,174.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          165

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                    2,348,782.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.03484700 %    18.96515300 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             80.10325820 %    19.89674180 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              551,161.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,837,058.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63234023
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.11

POOL TRADING FACTOR:                                                31.14649482


................................................................................


Run:        07/23/97     15:31:38                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S6 (POOL # 4099)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4099
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944ES3    52,656,000.00       758,658.79     8.000000  %    200,991.48
A-2   760944EH7    24,701,000.00             0.00     8.000000  %          0.00
A-3   760944EP9    64,683,000.00             0.00     8.000000  %          0.00
A-4   760944EQ7    12,103,000.00             0.00     8.000000  %          0.00
A-5   760944ET1    38,663,000.00    24,636,563.20     8.000000  %    447,368.13
A-6   760944EU8    23,596,900.00    23,596,900.00     8.000000  %          0.00
A-7   760944EW4     5,326,000.00     7,498,604.77     8.000000  %          0.00
A-8   760944ER5    18,394,000.00             0.00     8.000000  %          0.00
A-9   760944EX2     7,607,000.00     7,399,711.87     8.000000  %     72,040.26
A-10  760944EV6    40,000,000.00    11,383,734.24     8.000000  %    110,826.91
A-11  760944EF1     2,607,000.00       434,395.23     8.000000  %     49,691.58
A-12  760944EG9     3,885,000.00     3,885,000.00     8.000000  %          0.00
A-13  760944EN4     5,787,000.00     5,787,000.00     8.000000  %          0.00
A-14  760944FC7             0.00             0.00     0.221975  %          0.00
R     760944FB9           100.00             0.00     8.000000  %          0.00
M-1   760944EY0     9,677,910.00     9,110,386.54     8.000000  %      9,361.55
M-2   760944EZ7     4,032,382.00     3,856,894.39     8.000000  %      3,963.23
M-3   760944FA1     2,419,429.00     2,335,413.03     8.000000  %      2,399.80
B-1                 5,000,153.00     4,932,222.55     8.000000  %          0.00
B-2                 1,451,657.66       651,686.87     8.000000  %          0.00

-------------------------------------------------------------------------------
                  322,590,531.66   106,267,171.48                    896,642.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         5,027.47    206,018.95             0.00         0.00     557,667.31
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       163,260.99    610,629.12             0.00         0.00  24,189,195.07
A-6       156,371.38    156,371.38             0.00         0.00  23,596,900.00
A-7             0.00          0.00        49,691.58         0.00   7,548,296.35
A-8             0.00          0.00             0.00         0.00           0.00
A-9        49,036.23    121,076.49             0.00         0.00   7,327,671.61
A-10       75,437.46    186,264.37             0.00         0.00  11,272,907.33
A-11        2,878.64     52,570.22             0.00         0.00     384,703.65
A-12       25,745.03     25,745.03             0.00         0.00   3,885,000.00
A-13       38,349.15     38,349.15             0.00         0.00   5,787,000.00
A-14       19,539.57     19,539.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,372.49     69,734.04             0.00         0.00   9,101,024.99
M-2        25,558.78     29,522.01             0.00         0.00   3,852,931.16
M-3        15,476.26     17,876.06             0.00         0.00   2,333,013.23
B-1        42,741.16     42,741.16             0.00         0.00   4,932,222.55
B-2             0.00          0.00             0.00         0.00     645,949.01

-------------------------------------------------------------------------------
          679,794.61  1,576,437.55        49,691.58         0.00 105,414,482.26
===============================================================================







































Run:        07/23/97     15:31:38
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S6 (POOL # 4099)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4099
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     14.407832   3.817067     0.095478     3.912545   0.000000     10.590765
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    637.212922  11.570963     4.222667    15.793630   0.000000    625.641959
A-6   1000.000000   0.000000     6.626776     6.626776   0.000000   1000.000000
A-7   1407.924290   0.000000     0.000000     0.000000   9.330000   1417.254290
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    972.750344   9.470259     6.446198    15.916457   0.000000    963.280085
A-10   284.593356   2.770673     1.885937     4.656610   0.000000    281.822683
A-11   166.626479  19.060829     1.104196    20.165025   0.000000    147.565650
A-12  1000.000000   0.000000     6.626777     6.626777   0.000000   1000.000000
A-13  1000.000000   0.000000     6.626776     6.626776   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    941.358882   0.967311     6.238174     7.205485   0.000000    940.391571
M-2    956.480410   0.982851     6.338383     7.321234   0.000000    955.497560
M-3    965.274464   0.991887     6.396658     7.388545   0.000000    964.282577
B-1    986.414326   0.000000     8.547970     8.547970   0.000000    986.414326
B-2    448.926002   0.000000     0.000000     0.000000   0.000000    444.973376


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:39 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S6 (POOL # 4099)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4099

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       31,964.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,176.53

SUBSERVICER ADVANCES THIS MONTH                                       43,174.38
MASTER SERVICER ADVANCES THIS MONTH                                      683.24


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   3,091,732.25

 (B)  TWO MONTHLY PAYMENTS:                                    2     557,946.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,846,112.06

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     105,414,482.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          404

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                  87,491.51

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      743,492.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.34519680 %    14.40020800 %    5.25459490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.20657080 %    14.50177343 %    5.29165580 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2215 %

      BANKRUPTCY AMOUNT AVAILABLE                         164,976.00
      FRAUD AMOUNT AVAILABLE                              550,741.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,959,268.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.71005987
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.50

POOL TRADING FACTOR:                                                32.67748800


................................................................................


Run:        07/23/97     15:31:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S7 (POOL # 4100)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4100
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944DN5    23,017,500.00             0.00     5.500000  %          0.00
A-2   760944DQ8     7,746,000.00             0.00     6.000000  %          0.00
A-3   760944DD7    42,158,384.00     3,325,720.20     6.400000  %     70,265.55
A-4   760944DE5             0.00             0.00     3.600000  %          0.00
A-5   760944DR6    28,033,649.00             0.00     6.500000  %          0.00
A-6   760944DW5    56,309,467.00    23,755,145.64     7.150000  %    501,896.79
A-7   760944DY1     1,986,000.00       837,829.26     7.500000  %     17,701.59
A-8   760944DZ8    31,082,000.00    31,082,000.00     7.500000  %          0.00
A-9   760944DF2    18,270,000.00             0.00     0.000000  %          0.00
A-10  760944DG0     6,090,000.00             0.00     0.000000  %          0.00
A-11  760944DX3    37,465,000.00     3,837,829.26     7.500000  %     17,701.59
A-12  760944DH8     4,531,350.00             0.00     0.000000  %          0.00
A-13  760944DJ4     1,510,450.00             0.00     0.000000  %          0.00
A-14  760944DK1             0.00             0.00     0.328095  %          0.00
R-I   760944EC8           100.00             0.00     7.500000  %          0.00
R-II  760944ED6           100.00             0.00     7.500000  %          0.00
M-1   760944EA2     3,362,500.00     2,754,608.41     7.500000  %     14,990.39
M-2   760944EB0     6,051,700.00     5,039,263.04     7.500000  %     27,423.33
B                   1,344,847.83       863,334.47     7.500000  %      4,698.20

-------------------------------------------------------------------------------
                  268,959,047.83    71,495,730.28                    654,677.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        17,692.35     87,957.90             0.00         0.00   3,255,454.65
A-4         9,951.95      9,951.95             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       141,183.39    643,080.18             0.00         0.00  23,253,248.85
A-7         5,223.20     22,924.79             0.00         0.00     820,127.67
A-8       193,771.57    193,771.57             0.00         0.00  31,082,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       23,925.81     41,627.40             0.00         0.00   3,820,127.67
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14       19,498.45     19,498.45             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        17,172.79     32,163.18             0.00         0.00   2,739,618.02
M-2        31,415.80     58,839.13             0.00         0.00   5,011,839.71
B           5,382.20     10,080.40             0.00         0.00     858,636.27

-------------------------------------------------------------------------------
          465,217.51  1,119,894.95             0.00         0.00  70,841,052.84
===============================================================================









































Run:        07/23/97     15:31:41
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S7 (POOL # 4100)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4100
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3     78.886330   1.666704     0.419664     2.086368   0.000000     77.219626
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    421.867705   8.913187     2.507276    11.420463   0.000000    412.954519
A-7    421.867704   8.913187     2.630010    11.543197   0.000000    412.954517
A-8   1000.000000   0.000000     6.234205     6.234205   0.000000   1000.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   102.437722   0.472483     0.638618     1.111101   0.000000    101.965239
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
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    819.214397   4.458109     5.107149     9.565258   0.000000    814.756289
M-2    832.702057   4.531509     5.191236     9.722745   0.000000    828.170549
B      641.956994   3.493488     4.002088     7.495576   0.000000    638.463513


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:45 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S7 (POOL # 4100)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4100

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,272.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,637.30

SUBSERVICER ADVANCES THIS MONTH                                       22,975.51
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,436,621.13

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      92,823.83


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        522,810.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      70,841,052.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          317

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                      265,602.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.89129660 %    10.90117000 %    1.20753290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.84589770 %    10.94204196 %    1.21206030 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3268 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              379,274.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,557,063.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22526423
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.91

POOL TRADING FACTOR:                                                26.33897369


................................................................................


Run:        07/23/97     15:31:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S8 (POOL # 4101)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4101
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944DB1   105,693,300.00    28,511,096.65     7.851553  %  1,225,755.97
R     760944DC9           100.00             0.00     7.851553  %          0.00
B                   6,746,402.77     5,131,601.91     7.851553  %     30,676.24

-------------------------------------------------------------------------------
                  112,439,802.77    33,642,698.56                  1,256,432.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         184,539.78  1,410,295.75             0.00         0.00  27,285,340.68
R               0.00          0.00             0.00         0.00           0.00
B          33,214.60     63,890.84             0.00    20,145.41   5,080,780.26

-------------------------------------------------------------------------------
          217,754.38  1,474,186.59             0.00    20,145.41  32,366,120.94
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      269.753113  11.597291     1.745993    13.343284   0.000000    258.155821
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      760.642684   4.547051     4.923305     9.470356   0.000000    753.109536


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:50 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S8 (POOL # 4101)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4101

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,519.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,578.05

SUBSERVICER ADVANCES THIS MONTH                                        6,554.94
MASTER SERVICER ADVANCES THIS MONTH                                    1,593.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     630,325.56

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        245,004.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      32,366,120.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          110

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                 215,296.05

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      943,391.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.74675890 %    15.25324110 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.30216500 %    15.69783500 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              352,929.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,906,035.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.33665567
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.92

POOL TRADING FACTOR:                                                28.78528790


................................................................................


Run:        07/23/97     15:31:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S9 (POOL # 4102)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4102
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944DL9     2,600,000.00             0.00     5.500000  %          0.00
A-2   760944DM7     5,250,000.00             0.00     5.500000  %          0.00
A-3   760944DP0    17,850,000.00     4,694,990.81     6.000000  %    906,063.13
A-4   760944EL8        10,000.00         1,584.80  2969.500000  %        305.84
A-5   760944DS4    33,600,000.00    33,600,000.00     7.000000  %          0.00
A-6   760944DT2    20,850,000.00    20,850,000.00     7.000000  %          0.00
A-7   760944EM6    35,181,860.00     3,327,133.30     6.500000  %          0.00
A-8   760944EJ3    15,077,940.00     1,425,914.27     8.166665  %          0.00
A-9   760944EK0             0.00             0.00     0.212748  %          0.00
R-I   760944DU9           100.00             0.00     7.000000  %          0.00
R-II  760944DV7           100.00             0.00     7.000000  %          0.00
B-1                 4,404,800.00     3,547,665.60     7.000000  %     19,787.73
B-2                   677,492.20       545,658.46     7.000000  %      3,043.51

-------------------------------------------------------------------------------
                  135,502,292.20    67,992,947.24                    929,200.21
===============================================================================
_______________________________________________________________________________
                                                                      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        23,425.47    929,488.60             0.00         0.00   3,788,927.68
A-4         3,913.45      4,219.29             0.00         0.00       1,278.96
A-5       195,586.88    195,586.88             0.00         0.00  33,600,000.00
A-6       121,368.64    121,368.64             0.00         0.00  20,850,000.00
A-7        17,983.98     17,983.98             0.00         0.00   3,327,133.30
A-8         9,683.69      9,683.69             0.00         0.00   1,425,914.27
A-9        12,029.07     12,029.07             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
B-1        20,651.10     40,438.83             0.00         0.00   3,527,877.87
B-2         3,176.33      6,219.84             0.00         0.00     542,614.95


407,818.61 1,337,018.82 0.00 0.00 67,063,747.03


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    263.024695  50.759839     1.312351    52.072190   0.000000    212.264856
A-4    158.480000  30.584000   391.345000   421.929000   0.000000    127.896000
A-5   1000.000000   0.000000     5.821038     5.821038   0.000000   1000.000000
A-6   1000.000000   0.000000     5.821038     5.821038   0.000000   1000.000000
A-7     94.569568   0.000000     0.511172     0.511172   0.000000     94.569568
A-8     94.569568   0.000000     0.642242     0.642242   0.000000     94.569568
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
B-1    805.409008   4.492311     4.688317     9.180628   0.000000    800.916698
B-2    805.409214   4.492317     4.688320     9.180637   0.000000    800.916896


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:52 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S9 (POOL # 4102)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4102

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,347.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,336.75

SUBSERVICER ADVANCES THIS MONTH                                        8,647.51
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     236,354.27

 (B)  TWO MONTHLY PAYMENTS:                                    2     442,297.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         99,370.22

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,063,747.03

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          310

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                      549,957.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          93.97978140 %     6.02021860 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.93041250 %     6.06958750 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2116 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              361,367.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,603,325.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.62598820
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.20

POOL TRADING FACTOR:                                                49.49270300


................................................................................


Run:        07/23/97     15:31:53                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S10 (POOL # 4103)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4103
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944CS5    38,548,900.00             0.00     6.500000  %          0.00
A-2   760944CN6    38,548,900.00             0.00     0.000000  %          0.00
A-3   760944CP1             0.00             0.00     0.000000  %          0.00
A-4   760944CT3    14,583,000.00             0.00     8.000000  %          0.00
A-5   760944CU0    20,606,000.00    17,148,430.72     8.150000  %    374,804.77
A-6   760944CQ9             0.00             0.00     0.350000  %          0.00
A-7   760944CW6     7,500,864.00     7,500,864.00     8.190000  %          0.00
A-8   760944CV8         1,000.00         1,000.00  2333.767840  %          0.00
A-9   760944CR7     5,212,787.00     2,465,029.58     8.500000  %     37,480.48
A-10  760944FD5             0.00             0.00     0.147663  %          0.00
R-I   760944CZ9           100.00             0.00     8.500000  %          0.00
R-II  760944DA3           100.00             0.00     8.500000  %          0.00
M-1   760944CX4     3,360,259.00     3,083,784.14     8.500000  %      2,743.44
M-2   760944CY2     2,016,155.00     1,876,762.94     8.500000  %      1,669.63
M-3   760944EE4     1,344,103.00     1,261,846.49     8.500000  %      1,122.58
B-1                 2,016,155.00     1,982,564.84     8.500000  %          0.00
B-2                   672,055.59       110,740.36     8.500000  %          0.00

-------------------------------------------------------------------------------
                  134,410,378.59    35,431,023.07                    417,820.90
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       115,818.76    490,623.53             0.00         0.00  16,773,625.95
A-6         4,973.82      4,973.82             0.00         0.00           0.00
A-7        50,908.72     50,908.72             0.00         0.00   7,500,864.00
A-8         1,933.99      1,933.99             0.00         0.00       1,000.00
A-9        17,363.53     54,844.01             0.00         0.00   2,427,549.10
A-10        4,335.61      4,335.61             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        21,722.00     24,465.44             0.00         0.00   3,081,040.70
M-2        13,219.81     14,889.44             0.00         0.00   1,875,093.31
M-3         8,888.38     10,010.96             0.00         0.00   1,260,723.91
B-1        16,607.40     16,607.40             0.00         0.00   1,982,564.84
B-2             0.00          0.00             0.00         0.00     108,878.07

-------------------------------------------------------------------------------
          255,772.02    673,592.92             0.00         0.00  35,011,339.88
===============================================================================

Run: 07/23/97 15:31:53
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S10 (POOL # 4103)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4103
_______________________________________________________________________________


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-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    832.205703  18.189109     5.620633    23.809742   0.000000    814.016595
A-7   1000.000000   0.000000     6.787047     6.787047   0.000000   1000.000000
A-8   1000.000000   0.000000  1933.990000  1933.990000   0.000000   1000.000000
A-9    472.881317   7.190104     3.330949    10.521053   0.000000    465.691213
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    917.722158   0.816437     6.464383     7.280820   0.000000    916.905721
M-2    930.862429   0.828126     6.556941     7.385067   0.000000    930.034303
M-3    938.801930   0.835189     6.612871     7.448060   0.000000    937.966741
B-1    983.339495   0.000000     8.237164     8.237164   0.000000    983.339495
B-2    164.778571   0.000000     0.000000     0.000000   0.000000    162.007536


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:54 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S10 (POOL # 4103)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4103

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,786.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,695.41

SUBSERVICER ADVANCES THIS MONTH                                       24,161.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,709,761.87

 (B)  TWO MONTHLY PAYMENTS:                                    1     260,976.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     296,980.30


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        743,378.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      35,011,339.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          142

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                      388,162.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.52989370 %    17.56199200 %    5.90811390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            76.26968620 %    17.75669809 %    5.97361570 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1480 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              374,095.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,590,842.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.07197799
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.18

POOL TRADING FACTOR:                                                26.04809260


................................................................................


Run:        07/31/97     12:07:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ1 (POOL # 8013)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8013
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944GM4    33,088,000.00    28,480,276.77     7.470000  %    128,244.03
A-2   760944GN2    35,036,830.43    35,036,830.43     7.470000  %          0.00
S-1   760944GQ5             0.00             0.00     1.000000  %          0.00
S-2   760944GR3             0.00             0.00     0.500000  %          0.00
S-3   760944GS1             0.00             0.00     0.250000  %          0.00
R     760944GP7           100.00             0.00     7.470000  %          0.00

-------------------------------------------------------------------------------
                   68,124,930.43    63,517,107.20                    128,244.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       176,513.20    304,757.23             0.00         0.00  28,352,032.74
A-2       217,148.99    217,148.99             0.00         0.00  35,036,830.43
S-1         2,558.56      2,558.56             0.00         0.00           0.00
S-2        12,288.45     12,288.45             0.00         0.00           0.00
S-3         1,628.48      1,628.48             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

-------------------------------------------------------------------------------
          410,137.68    538,381.71             0.00         0.00  63,388,863.17
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    860.743374   3.875847     5.334659     9.210506   0.000000    856.867527
A-2   1000.000000   0.000000     6.197735     6.197735   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000


DETERMINATION DATE 25-July-97
DISTRIBUTION DATE 30-July-97

Run: 07/31/97 12:07:10 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) MORTGAGE PASS-THROUGH CERTIFICATES 1993-MZ1
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 8013

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,587.93

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                                                      63,388,863.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

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               2,949,653.04

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                93.04796756


................................................................................


Run:        07/23/97     15:31:56                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S11 (POOL # 4104)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4104
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609208W1    29,554,000.00     9,160,194.09    10.000000  %     48,809.77
A-2   7609208F8    52,896,000.00             0.00     7.250000  %          0.00
A-3   7609208G6    30,604,000.00             0.00     7.250000  %          0.00
A-4   7609208H4    51,752,000.00             0.00     7.250000  %          0.00
A-5   7609208J0    59,248,000.00    31,349,553.10     7.250000  %    390,478.19
A-6   7609208K7    48,625,000.00     7,837,388.23     6.500000  %     97,619.55
A-7   7609208L5             0.00             0.00     3.500000  %          0.00
A-8   7609208P6     6,663,000.00     6,663,000.00     7.800000  %          0.00
A-9   7609208Q4    35,600,000.00    35,600,000.00     7.800000  %          0.00
A-10  7609208M3    10,152,000.00    10,152,000.00     7.800000  %          0.00
A-11  7609208N1             0.00             0.00     0.163089  %          0.00
R-I   7609208U5           100.00             0.00     8.000000  %          0.00
R-II  7609208V3       590,838.00             0.00     8.000000  %          0.00
M-1   7609208R2     8,754,971.00     8,143,348.34     8.000000  %     25,416.24
M-2   7609208S0     5,252,983.00     4,966,666.02     8.000000  %     15,501.49
M-3   7609208T8     3,501,988.00     3,341,598.05     8.000000  %     10,429.48
B-1                 5,252,983.00     5,134,940.89     8.000000  %          0.00
B-2                 1,750,995.34     1,019,721.06     8.000000  %          0.00

-------------------------------------------------------------------------------
                  350,198,858.34   123,368,409.78                    588,254.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        76,260.71    125,070.48             0.00         0.00   9,111,384.32
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       189,219.35    579,697.54             0.00         0.00  30,959,074.91
A-6        42,411.23    140,030.78             0.00         0.00   7,739,768.68
A-7        22,836.82     22,836.82             0.00         0.00           0.00
A-8        43,267.38     43,267.38             0.00         0.00   6,663,000.00
A-9       231,174.96    231,174.96             0.00         0.00  35,600,000.00
A-10       65,923.82     65,923.82             0.00         0.00  10,152,000.00
A-11       16,750.36     16,750.36             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        54,236.19     79,652.43             0.00         0.00   8,117,932.10
M-2        33,078.91     48,580.40             0.00         0.00   4,951,164.53
M-3        22,255.65     32,685.13             0.00         0.00   3,331,168.57
B-1        60,200.52     60,200.52             0.00         0.00   5,134,940.89
B-2             0.00          0.00             0.00         0.00   1,000,511.72

-------------------------------------------------------------------------------
          857,615.90  1,445,870.62             0.00         0.00 122,760,945.72
===============================================================================











































Run:        07/23/97     15:31:56
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S11 (POOL # 4104)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4104
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    309.947692   1.651545     2.580385     4.231930   0.000000    308.296147
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    529.124242   6.590572     3.193683     9.784255   0.000000    522.533671
A-6    161.180221   2.007600     0.872210     2.879810   0.000000    159.172621
A-8   1000.000000   0.000000     6.493679     6.493679   0.000000   1000.000000
A-9   1000.000000   0.000000     6.493679     6.493679   0.000000   1000.000000
A-10  1000.000000   0.000000     6.493678     6.493678   0.000000   1000.000000
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    930.139956   2.903064     6.194902     9.097966   0.000000    927.236892
M-2    945.494402   2.950988     6.297167     9.248155   0.000000    942.543414
M-3    954.200314   2.978160     6.355147     9.333307   0.000000    951.222154
B-1    977.528557   0.000000    11.460254    11.460254   0.000000    977.528557
B-2    582.366518   0.000000     0.000000     0.000000   0.000000    571.395992


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:31:57 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S11 (POOL # 4104)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4104

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       36,714.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,941.83

SUBSERVICER ADVANCES THIS MONTH                                       42,878.74
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,998,686.78

 (B)  TWO MONTHLY PAYMENTS:                                    2     460,837.18

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,104,229.56

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     122,760,945.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          473

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      222,418.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.67579980 %    13.33535300 %    4.98884760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.64260000 %    13.35951357 %    4.99788640 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1637 %

      BANKRUPTCY AMOUNT AVAILABLE                         544,063.00
      FRAUD AMOUNT AVAILABLE                            1,256,598.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,727,761.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.64703369
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.75

POOL TRADING FACTOR:                                                35.05463904


................................................................................


Run:        07/23/97     15:31:59                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S12 (POOL # 4105)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4105
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944GC6    40,873,000.00             0.00     7.500000  %          0.00
A-2   760944GB8     9,405,000.00             0.00     5.500000  %          0.00
A-3   760944GF9    27,507,000.00             0.00     7.500000  %          0.00
A-4   760944GE2    39,680,000.00             0.00     6.750000  %          0.00
A-5   760944GJ1    22,004,000.00     7,847,001.28     7.500000  %    440,022.31
A-6   760944GG7    20,505,000.00     7,312,432.33     7.000000  %    410,046.24
A-7   760944GK8    23,152,000.00    23,152,000.00     7.500000  %          0.00
A-8   760944GL6    10,000,000.00    10,000,000.00     7.500000  %          0.00
A-9   760944FZ6     7,475,000.00       611,297.11     7.500000  %    157,585.64
A-10  760944GA0     3,403,000.00     3,403,000.00     7.500000  %          0.00
A-11  760944GD4    29,995,000.00    29,995,000.00     7.500000  %          0.00
A-12  760944GT9    18,350,000.00    25,213,702.89     7.500000  %          0.00
A-13  760944GH5    23,529,000.00     1,462,486.49     6.450000  %     82,009.25
A-14  760944GU6             0.00             0.00     3.550000  %          0.00
A-15  760944GV4             0.00             0.00     0.162199  %          0.00
R-I   760944GZ5           100.00             0.00     7.500000  %          0.00
R-II  760944HA9           100.00             0.00     7.500000  %          0.00
M-1   760944GW2     8,136,349.00     7,716,471.97     7.500000  %      8,353.11
M-2   760944GX0     3,698,106.00     3,511,748.25     7.500000  %      3,801.48
M-3   760944GY8     2,218,863.00     2,120,042.77     7.500000  %      2,294.95
B-1                 4,437,728.00     4,318,634.31     7.500000  %      4,674.94
B-2                 1,479,242.76     1,171,106.13     7.500000  %          0.00

-------------------------------------------------------------------------------
                  295,848,488.76   127,834,923.53                  1,108,787.92
===============================================================================
_______________________________________________________________________________
                                                                      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        48,805.48    488,827.79             0.00         0.00   7,406,978.97
A-6        42,448.62    452,494.86             0.00         0.00   6,902,386.09
A-7       143,996.97    143,996.97             0.00         0.00  23,152,000.00
A-8        62,196.34     62,196.34             0.00         0.00  10,000,000.00
A-9         3,802.05    161,387.69             0.00         0.00     453,711.47
A-10       21,165.42     21,165.42             0.00         0.00   3,403,000.00
A-11      186,557.92    186,557.92             0.00         0.00  29,995,000.00
A-12            0.00          0.00       157,585.64         0.00  25,371,288.53
A-13        7,822.67     89,831.92             0.00         0.00   1,380,477.24
A-14        4,305.50      4,305.50             0.00         0.00           0.00
A-15       17,214.39     17,214.39             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        48,047.84     56,400.95             0.00         0.00   7,708,118.86
M-2        21,866.46     25,667.94             0.00         0.00   3,507,946.77
M-3        13,200.79     15,495.74             0.00         0.00   2,117,747.82
B-1        31,440.47     36,115.41             0.00         0.00   4,313,959.37
B-2         4,009.99      4,009.99             0.00         0.00   1,169,838.40

-------------------------------------------------------------------------------
          656,880.91  1,765,668.83       157,585.64         0.00 126,882,453.52
===============================================================================



































Run:        07/23/97     15:31:59
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S12 (POOL # 4105)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4105
_______________________________________________________________________________


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    356.617037  19.997378     2.218028    22.215406   0.000000    336.619659
A-6    356.617036  19.997378     2.070159    22.067537   0.000000    336.619658
A-7   1000.000000   0.000000     6.219634     6.219634   0.000000   1000.000000
A-8   1000.000000   0.000000     6.219634     6.219634   0.000000   1000.000000
A-9     81.778878  21.081691     0.508635    21.590326   0.000000     60.697187
A-10  1000.000000   0.000000     6.219636     6.219636   0.000000   1000.000000
A-11  1000.000000   0.000000     6.219634     6.219634   0.000000   1000.000000
A-12  1374.043754   0.000000     0.000000     0.000000   8.587773   1382.631528
A-13    62.156764   3.485454     0.332469     3.817923   0.000000     58.671309
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    948.394909   1.026641     5.905332     6.931973   0.000000    947.368268
M-2    949.607245   1.027953     5.912881     6.940834   0.000000    948.579292
M-3    955.463573   1.034291     5.949349     6.983640   0.000000    954.429282
B-1    973.163364   1.053453     7.084812     8.138265   0.000000    972.109911
B-2    791.692994   0.000000     2.710840     2.710840   0.000000    790.835982


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:01 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S12 (POOL # 4105)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4105

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       46,647.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,539.11

SUBSERVICER ADVANCES THIS MONTH                                       25,034.89
MASTER SERVICER ADVANCES THIS MONTH                                      641.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,671,930.45

 (B)  TWO MONTHLY PAYMENTS:                                    2     340,966.55

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     197,897.30


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,167,296.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     126,882,453.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          486

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                  88,578.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      814,088.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.26380510 %    10.44179700 %    4.29439800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.16925650 %    10.50879226 %    4.32195120 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1628 %

      BANKRUPTCY AMOUNT AVAILABLE                         212,759.00
      FRAUD AMOUNT AVAILABLE                              656,777.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,402,248.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22801614
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.28

POOL TRADING FACTOR:                                                42.88764633


................................................................................


Run:        07/23/97     15:32:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S13 (POOL # 4106)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4106
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944FP8    22,000,000.00             0.00     6.477270  %          0.00
A-2   760944FL7     3,692,298.00             0.00     5.250000  %          0.00
A-3   760944FM5     3,391,307.00             0.00     5.500000  %          0.00
A-4   760944FS2    15,000,000.00             0.00     7.228260  %          0.00
A-5   760944FJ2    18,249,728.00     1,150,560.18     6.500000  %    422,383.45
A-6   760944FK9             0.00             0.00     2.000000  %          0.00
A-7   760944FN3     6,666,667.00       920,448.25     6.250000  %    337,906.79
A-8   760944FU7    32,500,001.00    32,500,001.00     7.500000  %          0.00
A-9   760944FR4    12,000,000.00    12,000,000.00     6.516390  %          0.00
A-10  760944FY9    40,000,000.00     4,800,000.00    10.000000  %          0.00
A-11  760944FE3    10,389,750.00             0.00     0.000000  %          0.00
A-12  760944FF0     5,594,480.00             0.00     0.000000  %          0.00
A-13  760944FG8     5,368,770.00             0.00     0.000000  %          0.00
A-14  760944FQ6       200,000.00       200,000.00     6.516390  %          0.00
A-15  760944FH6             0.00             0.00     0.278558  %          0.00
R-I   760944FT0           100.00             0.00     7.500000  %          0.00
R-II  760944FX1           100.00             0.00     7.500000  %          0.00
M-1   760944FV5     2,291,282.00     1,879,448.12     7.500000  %     10,060.76
M-2   760944FW3     4,582,565.00     3,775,565.78     7.500000  %          0.00
B-1                   458,256.00       377,677.17     7.500000  %          0.00
B-2                   917,329.35       582,597.71     7.500000  %          0.00

-------------------------------------------------------------------------------
                  183,302,633.35    58,186,298.21                    770,351.00
===============================================================================
_______________________________________________________________________________
                                                                      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         6,199.78    428,583.23             0.00         0.00     728,176.73
A-6         1,907.62      1,907.62             0.00         0.00           0.00
A-7         4,769.06    342,675.85             0.00         0.00     582,541.46
A-8       202,068.31    202,068.31             0.00         0.00  32,500,001.00
A-9        64,824.90     64,824.90             0.00         0.00  12,000,000.00
A-10       39,791.91     39,791.91             0.00         0.00   4,800,000.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14        1,080.42      1,080.42             0.00         0.00     200,000.00
A-15       13,436.61     13,436.61             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        23,390.12     33,450.88             0.00         0.00   1,869,387.36
M-2        43,091.51     43,091.51             0.00         0.00   3,775,565.78
B-1             0.00          0.00             0.00         0.00     377,677.17
B-2             0.00          0.00             0.00         0.00     557,246.57

-------------------------------------------------------------------------------
          400,560.24  1,170,911.24             0.00         0.00  57,390,596.07
===============================================================================





































Run:        07/23/97     15:32:03
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S13 (POOL # 4106)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4106
_______________________________________________________________________________


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     63.045333  23.144644     0.339719    23.484363   0.000000     39.900690
A-7    138.067231  50.686016     0.715359    51.401375   0.000000     87.381215
A-8   1000.000000   0.000000     6.217486     6.217486   0.000000   1000.000000
A-9   1000.000000   0.000000     5.402075     5.402075   0.000000   1000.000000
A-10   120.000000   0.000000     0.994798     0.994798   0.000000    120.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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  1000.000000   0.000000     5.402100     5.402100   0.000000   1000.000000
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    820.260500   4.390887    10.208311    14.599198   0.000000    815.869614
M-2    823.897922   0.000000     9.403360     9.403360   0.000000    823.897922
B-1    824.161975   0.000000     0.000000     0.000000   0.000000    824.161975
B-2    635.102006   0.000000     0.000000     0.000000   0.000000    607.466195


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:06 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S13 (POOL # 4106)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4106

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,596.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,432.46

SUBSERVICER ADVANCES THIS MONTH                                        7,957.82
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     680,509.57

 (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                                                      57,390,596.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          268

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                      484,228.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.63084780 %     9.71880700 %    1.65034540 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.53492150 %     9.83602459 %    1.62905390 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2802 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              303,271.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,687,976.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22886744
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.15

POOL TRADING FACTOR:                                                31.30920436


................................................................................


Run:        07/23/97     15:32:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S14 (POOL # 4107)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4107
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944HE1    65,000,000.00             0.00     7.500000  %          0.00
A-2   760944HN1     8,177,000.00             0.00     7.500000  %          0.00
A-3   760944HB7     5,773,000.00             0.00     5.200000  %          0.00
A-4   760944HP6    37,349,000.00             0.00     7.500000  %          0.00
A-5   760944HC5    33,306,000.00             0.00     6.200000  %          0.00
A-6   760944HQ4    32,628,000.00    20,639,061.94     7.500000  %    619,453.42
A-7   760944HD3    36,855,000.00    23,312,879.33     7.000000  %    699,704.41
A-8   760944HW1    29,999,000.00     4,662,221.54    10.000190  %    139,930.25
A-9   760944HR2    95,366,000.00    95,366,000.00     7.500000  %          0.00
A-10  760944HF8     8,366,000.00     8,366,000.00     7.500000  %          0.00
A-11  760944HG6     1,385,000.00     1,385,000.00     7.500000  %          0.00
A-12  760944HH4    20,000,000.00             0.00     7.500000  %          0.00
A-13  760944HJ0     9,794,000.00             0.00     7.500000  %          0.00
A-14  760944HK7    36,449,000.00             0.00     7.500000  %          0.00
A-15  760944HL5    29,559,000.00    18,697,062.66     7.500000  %    561,187.72
A-16  760944HM3             0.00             0.00     0.295291  %          0.00
R     760944HV3         1,000.00             0.00     7.500000  %          0.00
M-1   760944HS0    13,271,500.00    12,523,063.79     7.500000  %     27,009.33
M-2   760944HT8     6,032,300.00     5,708,633.89     7.500000  %     12,312.19
M-3   760944HU5     3,619,400.00     3,451,143.89     7.500000  %      7,443.31
B-1                 4,825,900.00     4,651,804.26     7.500000  %        199.89
B-2                 2,413,000.00     2,358,480.75     7.500000  %          0.00
B-3                 2,412,994.79     1,776,373.37     7.500000  %          0.00

-------------------------------------------------------------------------------
                  482,582,094.79   202,897,725.42                  2,067,240.52
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       128,345.66    747,799.08             0.00         0.00  20,019,608.52
A-7       135,308.14    835,012.55             0.00         0.00  22,613,174.92
A-8        38,657.26    178,587.51             0.00         0.00   4,522,291.29
A-9       593,041.11    593,041.11             0.00         0.00  95,366,000.00
A-10       52,024.64     52,024.64             0.00         0.00   8,366,000.00
A-11        8,612.73      8,612.73             0.00         0.00   1,385,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15      116,269.18    677,456.90             0.00         0.00  18,135,874.94
A-16       49,677.23     49,677.23             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        77,875.68    104,885.01             0.00         0.00  12,496,054.46
M-2        35,499.60     47,811.79             0.00         0.00   5,696,321.70
M-3        21,461.22     28,904.53             0.00         0.00   3,443,700.58
B-1        48,111.45     48,311.34             0.00         0.00   4,651,604.37
B-2             0.00          0.00             0.00         0.00   2,358,480.75
B-3             0.00          0.00             0.00         0.00   1,757,622.48

-------------------------------------------------------------------------------
        1,304,883.90  3,372,124.42             0.00         0.00 200,811,734.01
===============================================================================

































Run:        07/23/97     15:32:10
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S14 (POOL # 4107)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4107
_______________________________________________________________________________


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    632.556759  18.985332     3.933605    22.918937   0.000000    613.571427
A-7    632.556758  18.985332     3.671365    22.656697   0.000000    613.571426
A-8    155.412565   4.664497     1.288618     5.953115   0.000000    150.748068
A-9   1000.000000   0.000000     6.218580     6.218580   0.000000   1000.000000
A-10  1000.000000   0.000000     6.218580     6.218580   0.000000   1000.000000
A-11  1000.000000   0.000000     6.218578     6.218578   0.000000   1000.000000
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   632.533667  18.985342     3.933461    22.918803   0.000000    613.548325
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    943.605756   2.035138     5.867888     7.903026   0.000000    941.570618
M-2    946.344494   2.041044     5.884920     7.925964   0.000000    944.303450
M-3    953.512707   2.056504     5.929497     7.986001   0.000000    951.456203
B-1    963.924710   0.041420     9.969425    10.010845   0.000000    963.883290
B-2    977.406030   0.000000     0.000000     0.000000   0.000000    977.406030
B-3    736.169584   0.000000     0.000000     0.000000   0.000000    728.398788


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:13 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S14 (POOL # 4107)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4107

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,985.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,152.32

SUBSERVICER ADVANCES THIS MONTH                                       43,372.88
MASTER SERVICER ADVANCES THIS MONTH                                    8,585.47


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,723,289.58

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     244,487.82


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,814,241.40

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     200,811,734.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          727

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               1,105,157.79

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,648,388.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.98282820 %    10.68658700 %    4.33058500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            84.85955790 %    10.77430900 %    4.36613310 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2950 %

      BANKRUPTCY AMOUNT AVAILABLE                         231,231.00
      FRAUD AMOUNT AVAILABLE                            2,045,825.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,701,513.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.26713946
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.56

POOL TRADING FACTOR:                                                41.61193218


................................................................................


Run:        07/23/97     15:32:14                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S15 (POOL # 4108)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4108
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944JH2    54,600,000.00             0.00     7.000000  %          0.00
A-2   760944HX9     9,507,525.00             0.00     5.500000  %          0.00
A-3   760944HY7    23,719,181.00     6,301,333.98     5.600000  %    573,233.04
A-4   760944HZ4    10,298,695.00    10,298,695.00     6.000000  %          0.00
A-5   760944JA7    40,000,000.00    40,000,000.00     6.700000  %          0.00
A-6   760944JB5    11,700,000.00    11,700,000.00     6.922490  %          0.00
A-7   760944JC3             0.00             0.00     0.222490  %          0.00
A-8   760944JF6    18,141,079.00    18,141,079.00     6.850000  %          0.00
A-9   760944JG4        10,000.00        10,000.00   279.116170  %          0.00
A-10  760944JD1    31,786,601.00    10,845,628.22     6.500000  %    434,377.38
A-11  760944JE9             0.00             0.00     2.000000  %          0.00
A-12  760944JN9     2,200,013.00       578,188.52     7.500000  %     12,724.40
A-13  760944JP4     9,999,984.00     2,628,093.58     9.500000  %     57,837.39
A-14  760944JQ2     6,043,334.00             0.00     0.000000  %          0.00
A-15  760944JR0     2,590,000.00             0.00     0.000000  %          0.00
A-16  760944JS8    39,265,907.00     6,520,258.32     6.622000  %          0.00
A-17  760944JT6    11,027,260.00     2,328,663.67     8.058400  %          0.00
A-18  760944JU3     4,711,421.00             0.00     0.000000  %          0.00
A-19  760944JV1             0.00             0.00     0.311036  %          0.00
R-I   760944JL3           100.00             0.00     7.000000  %          0.00
R-II  760944JM1           100.00             0.00     7.000000  %          0.00
M-1   760944JJ8     5,772,016.00     4,736,315.53     7.000000  %     25,846.87
M-2   760944JK5     5,050,288.00     4,232,731.77     7.000000  %     23,098.73
B-1                 1,442,939.00     1,252,424.22     7.000000  %      6,834.69
B-2                   721,471.33       268,856.81     7.000000  %      1,467.21

-------------------------------------------------------------------------------
                  288,587,914.33   119,842,268.62                  1,135,419.71
===============================================================================
_______________________________________________________________________________
                                                                      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        29,354.13    602,587.17             0.00         0.00   5,728,100.94
A-4        51,402.25     51,402.25             0.00         0.00  10,298,695.00
A-5       222,937.67    222,937.67             0.00         0.00  40,000,000.00
A-6        67,374.71     67,374.71             0.00         0.00  11,700,000.00
A-7         7,403.19      7,403.19             0.00         0.00           0.00
A-8       103,371.87    103,371.87             0.00         0.00  18,141,079.00
A-9         2,321.85      2,321.85             0.00         0.00      10,000.00
A-10       58,643.07    493,020.45             0.00         0.00  10,411,250.84
A-11       18,044.03     18,044.03             0.00         0.00           0.00
A-12        3,607.28     16,331.68             0.00         0.00     565,464.12
A-13       20,768.88     78,606.27             0.00         0.00   2,570,256.19
A-14            0.00          0.00             0.00         0.00           0.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       35,917.22     35,917.22             0.00         0.00   6,520,258.32
A-17       15,610.05     15,610.05             0.00         0.00   2,328,663.67
A-18            0.00          0.00             0.00         0.00           0.00
A-19       31,007.64     31,007.64             0.00         0.00           0.00
R-I             0.03          0.03             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        27,579.56     53,426.43             0.00         0.00   4,710,468.66
M-2        24,647.20     47,745.93             0.00         0.00   4,209,633.04
B-1         7,292.87     14,127.56             0.00         0.00   1,245,589.53
B-2         1,565.53      3,032.74             0.00         0.00     267,389.60

-------------------------------------------------------------------------------
          728,849.03  1,864,268.74             0.00         0.00 118,706,848.91
===============================================================================





























Run:        07/23/97     15:32:14
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S15 (POOL # 4108)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4108
_______________________________________________________________________________


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    265.664062  24.167489     1.237569    25.405058   0.000000    241.496574
A-4   1000.000000   0.000000     4.991142     4.991142   0.000000   1000.000000
A-5   1000.000000   0.000000     5.573442     5.573442   0.000000   1000.000000
A-6   1000.000000   0.000000     5.758522     5.758522   0.000000   1000.000000
A-8   1000.000000   0.000000     5.698221     5.698221   0.000000   1000.000000
A-9   1000.000000   0.000000   232.185000   232.185000   0.000000   1000.000000
A-10   341.201257  13.665424     1.844899    15.510323   0.000000    327.535833
A-12   262.811411   5.783784     1.639663     7.423447   0.000000    257.027627
A-13   262.809778   5.783748     2.076891     7.860639   0.000000    257.026030
A-14     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   166.053934   0.000000     0.914718     0.914718   0.000000    166.053934
A-17   211.173371   0.000000     1.415587     1.415587   0.000000    211.173371
A-18     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.300000     0.300000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    820.565212   4.477962     4.778150     9.256112   0.000000    816.087249
M-2    838.116909   4.573745     4.880355     9.454100   0.000000    833.543164
B-1    867.967544   4.736645     5.054178     9.790823   0.000000    863.230899
B-2    372.650719   2.033594     2.169941     4.203535   0.000000    370.617083


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:17 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S15 (POOL # 4108)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4108

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,757.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,666.40

SUBSERVICER ADVANCES THIS MONTH                                       24,078.04
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,293,794.76

 (B)  TWO MONTHLY PAYMENTS:                                    2     656,481.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        248,890.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     118,706,848.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          530

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                      481,420.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.24655400 %     7.48404300 %    1.26940270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.21105400 %     7.51439515 %    1.27455080 %

CLASS A-19 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3118 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              617,856.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,674,314.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.76548878
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.59

POOL TRADING FACTOR:                                                41.13368683


................................................................................


Run:        07/31/97     12:07:13                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ2 (POOL # 8018)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8018
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944MC9    31,903,000.00    28,047,923.62     7.470000  %    159,631.71
A-2   760944MD7    24,068,520.58    24,068,520.58     7.470000  %          0.00
S-1   760944MB1             0.00             0.00     1.500000  %          0.00
S-2   760944MA3             0.00             0.00     1.000000  %          0.00
S-3   760944LZ9             0.00             0.00     0.500000  %          0.00
R     760944ME5           100.00             0.00     7.470000  %          0.00

-------------------------------------------------------------------------------
                   55,971,620.58    52,116,444.20                    159,631.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       173,848.47    333,480.18             0.00         0.00  27,888,291.91
A-2       149,183.06    149,183.06             0.00         0.00  24,068,520.58
S-1         3,796.79      3,796.79             0.00         0.00           0.00
S-2         6,350.12      6,350.12             0.00         0.00           0.00
S-3         3,378.49      3,378.49             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

-------------------------------------------------------------------------------
          336,556.93    496,188.64             0.00         0.00  51,956,812.49
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    879.162575   5.003658     5.449283    10.452941   0.000000    874.158916
A-2   1000.000000   0.000000     6.198265     6.198265   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000


DETERMINATION DATE 25-July-97
DISTRIBUTION DATE 30-July-97

Run: 07/31/97 12:07:14 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) MORTGAGE PASS-THROUGH CERTIFICATES 1993-MZ2
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 8018

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,302.91

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                                                      51,956,812.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

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               3,597,253.54

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                92.82706477


................................................................................


Run:        07/23/97     15:32:18                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S16 (POOL # 4109)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4109
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944KT4    50,166,000.00    13,861,976.09     7.000000  %  1,004,616.20
A-2   760944KV9    20,040,000.00    10,100,309.06     7.000000  %    275,054.21
A-3   760944KS6    30,024,000.00    15,132,319.36     6.000000  %    412,087.20
A-4   760944LF3    10,008,000.00     5,044,106.43    10.000000  %    137,362.40
A-5   760944KW7    22,331,000.00    22,331,000.00     7.000000  %          0.00
A-6   760944KX5    18,276,000.00    18,276,000.00     7.000000  %          0.00
A-7   760944KY3    33,895,000.00    33,895,000.00     7.000000  %          0.00
A-8   760944KZ0    14,040,000.00    14,040,000.00     7.000000  %          0.00
A-9   760944LA4     1,560,000.00     1,560,000.00     7.000000  %          0.00
A-10  760944KU1             0.00             0.00     0.239109  %          0.00
R     760944LE6       333,970.00             0.00     7.000000  %          0.00
M-1   760944LB2     5,917,999.88     5,669,470.15     7.000000  %      6,585.94
M-2   760944LC0     2,689,999.61     2,579,933.27     7.000000  %      2,996.98
M-3   760944LD8     1,613,999.76     1,547,959.97     7.000000  %      1,798.19
B-1                 2,151,999.69     2,073,057.79     7.000000  %          0.00
B-2                 1,075,999.84     1,038,790.39     7.000000  %          0.00
B-3                 1,075,999.84       878,185.64     7.000000  %          0.00

-------------------------------------------------------------------------------
                  215,199,968.62   148,028,108.15                  1,840,501.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        80,407.02  1,085,023.22             0.00         0.00  12,857,359.89
A-2        58,587.30    333,641.51             0.00         0.00   9,825,254.85
A-3        75,236.32    487,323.52             0.00         0.00  14,720,232.16
A-4        41,797.95    179,160.35             0.00         0.00   4,906,744.03
A-5       129,531.98    129,531.98             0.00         0.00  22,331,000.00
A-6       106,010.76    106,010.76             0.00         0.00  18,276,000.00
A-7       196,609.47    196,609.47             0.00         0.00  33,895,000.00
A-8        81,439.65     81,439.65             0.00         0.00  14,040,000.00
A-9         9,048.85      9,048.85             0.00         0.00   1,560,000.00
A-10       29,329.86     29,329.86             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        32,886.02     39,471.96             0.00         0.00   5,662,884.21
M-2        14,965.02     17,962.00             0.00         0.00   2,576,936.29
M-3         8,979.02     10,777.21             0.00         0.00   1,546,161.78
B-1        27,779.37     27,779.37             0.00         0.00   2,073,057.79
B-2             0.00          0.00             0.00         0.00   1,038,790.39
B-3             0.00          0.00             0.00         0.00     873,550.61

-------------------------------------------------------------------------------
          892,608.59  2,733,109.71             0.00         0.00 146,182,972.00
===============================================================================

Run: 07/23/97 15:32:18
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S16 (POOL # 4109)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4109
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    276.322132  20.025838     1.602819    21.628657   0.000000    256.296294
A-2    504.007438  13.725260     2.923518    16.648778   0.000000    490.282178
A-3    504.007439  13.725260     2.505873    16.231133   0.000000    490.282180
A-4    504.007437  13.725260     4.176454    17.901714   0.000000    490.282177
A-5   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-6   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-7   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-8   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-9   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    958.004438   1.112866     5.556948     6.669814   0.000000    956.891572
M-2    959.083139   1.114119     5.563205     6.677324   0.000000    957.969020
M-3    959.083148   1.114120     5.563210     6.677330   0.000000    957.969027
B-1    963.316956   0.000000    12.908631    12.908631   0.000000    963.316956
B-2    965.418722   0.000000     0.000000     0.000000   0.000000    965.418722
B-3    816.157779   0.000000     0.000000     0.000000   0.000000    811.850130


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:20 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S16 (POOL # 4109)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4109

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       33,143.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,420.19

SUBSERVICER ADVANCES THIS MONTH                                       18,931.11
MASTER SERVICER ADVANCES THIS MONTH                                    3,401.45


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,365,315.13

 (B)  TWO MONTHLY PAYMENTS:                                    2     901,845.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        427,542.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     146,182,972.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          525

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                 494,544.89

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,673,179.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.68596000 %     6.61858300 %    2.69545690 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.57935350 %     6.69433802 %    2.72630850 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2380 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              743,764.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,901,572.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63529563
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.32

POOL TRADING FACTOR:                                                67.92890024


................................................................................


Run:        07/23/97     15:32:21                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S17 (POOL # 4110)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4110
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944JW9    16,438,000.00             0.00     4.500000  %          0.00
A-2   760944JX7     9,974,000.00             0.00     5.250000  %          0.00
A-3   760944JY5    21,283,000.00     6,271,420.21     5.650000  %  1,334,247.18
A-4   760944JZ2     7,444,000.00     7,444,000.00     6.050000  %          0.00
A-5   760944KB3    28,305,000.00    28,305,000.00     6.400000  %          0.00
A-6   760944KC1    12,746,000.00    12,746,000.00     6.750000  %          0.00
A-7   760944KD9    46,874,000.00    15,001,325.30     6.350000  %    720,442.07
A-8   760944KE7             0.00             0.00    12.600000  %          0.00
A-9   760944KK3    14,731,000.00    14,731,000.00     7.000000  %          0.00
A-10  760944KF4    17,454,500.00             0.00     0.000000  %          0.00
A-11  760944KG2     4,803,430.00             0.00     0.000000  %          0.00
A-12  760944KH0     2,677,070.00             0.00     0.000000  %          0.00
A-13  760944KJ6    34,380,000.00     6,634,032.96     7.000000  %    104,254.71
A-14  760944KA5     6,000,000.00     2,768,000.00     6.350000  %          0.00
A-15  760944KQ0     1,891,000.00             0.00     7.650000  %          0.00
A-16  760944KR8             0.00             0.00     0.138218  %          0.00
R-I   760944KN7           100.00             0.00     7.000000  %          0.00
R-II  760944KP2           100.00             0.00     7.000000  %          0.00
M-1   760944KL1     4,101,600.00     3,368,489.21     7.000000  %     18,282.74
M-2   760944KM9     2,343,800.00     1,943,831.85     7.000000  %     10,550.30
M-3   760944MF2     1,171,900.00       978,171.75     7.000000  %      5,309.10
B-1                 1,406,270.00     1,202,066.63     7.000000  %      6,524.31
B-2                   351,564.90       135,561.53     7.000000  %        735.78

-------------------------------------------------------------------------------
                  234,376,334.90   101,528,899.44                  2,200,346.19
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        29,342.49  1,363,589.67             0.00         0.00   4,937,173.03
A-4        37,294.46     37,294.46             0.00         0.00   7,444,000.00
A-5       150,011.90    150,011.90             0.00         0.00  28,305,000.00
A-6        71,245.96     71,245.96             0.00         0.00  12,746,000.00
A-7        78,883.45    799,325.52             0.00         0.00  14,280,883.23
A-8        39,131.16     39,131.16             0.00         0.00           0.00
A-9        85,391.14     85,391.14             0.00         0.00  14,731,000.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       38,455.48    142,710.19             0.00         0.00   6,529,778.25
A-14       14,555.34     14,555.34             0.00         0.00   2,768,000.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       11,620.85     11,620.85             0.00         0.00           0.00
R-I             2.97          2.97             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,526.11     37,808.85             0.00         0.00   3,350,206.47
M-2        11,267.81     21,818.11             0.00         0.00   1,933,281.55
M-3         5,670.16     10,979.26             0.00         0.00     972,862.65
B-1         6,968.02     13,492.33             0.00         0.00   1,195,542.32
B-2           785.84      1,521.62             0.00         0.00     134,825.75

-------------------------------------------------------------------------------
          600,153.14  2,800,499.33             0.00         0.00  99,328,553.25
===============================================================================

Run: 07/23/97 15:32:21
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S17 (POOL # 4110)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4110
_______________________________________________________________________________


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    294.668055  62.690748     1.378682    64.069430   0.000000    231.977307
A-4   1000.000000   0.000000     5.010003     5.010003   0.000000   1000.000000
A-5   1000.000000   0.000000     5.299837     5.299837   0.000000   1000.000000
A-6   1000.000000   0.000000     5.589672     5.589672   0.000000   1000.000000
A-7    320.035100  15.369759     1.682883    17.052642   0.000000    304.665342
A-9   1000.000000   0.000000     5.796697     5.796697   0.000000   1000.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13   192.961983   3.032423     1.118542     4.150965   0.000000    189.929559
A-14   461.333333   0.000000     2.425890     2.425890   0.000000    461.333333
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000    29.730000    29.730000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    821.262242   4.457465     4.760608     9.218073   0.000000    816.804776
M-2    829.350563   4.501365     4.807496     9.308861   0.000000    824.849198
M-3    834.688753   4.530335     4.838433     9.368768   0.000000    830.158418
B-1    854.790780   4.639443     4.954966     9.594409   0.000000    850.151337
B-2    385.594609   2.092843     2.235178     4.328021   0.000000    383.501738


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:23 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S17 (POOL # 4110)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4110

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,926.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,709.29

SUBSERVICER ADVANCES THIS MONTH                                        4,972.95
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     104,147.39

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        369,439.56

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      99,328,553.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          433

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                    1,649,290.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.48674910 %     6.19576600 %    1.31748510 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.36199610 %     6.29864270 %    1.33936120 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1398 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              518,206.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,665,927.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.60919516
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              123.55

POOL TRADING FACTOR:                                                42.37994134


................................................................................


Run:        07/23/97     15:32:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S18 (POOL # 4111)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4111
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944LM8    85,336,000.00             0.00     7.500000  %          0.00
A-2   760944LL0    71,184,000.00     4,798,299.08     7.500000  %    444,011.67
A-3   760944LY2    81,356,000.00    14,326,980.63     6.250000  %    828,819.85
A-4   760944LN6    40,678,000.00     7,163,490.31    10.000000  %    414,409.93
A-5   760944LP1    66,592,000.00    66,592,000.00     7.500000  %          0.00
A-6   760944LQ9    52,567,000.00    52,567,000.00     7.500000  %          0.00
A-7   760944LR7    53,440,000.00    53,440,000.00     7.500000  %          0.00
A-8   760944LS5    14,426,000.00    14,426,000.00     7.500000  %          0.00
A-9   760944LT3             0.00             0.00     0.130294  %          0.00
R     760944LX4         1,000.00             0.00     7.500000  %          0.00
M-1   760944LU0    13,767,600.00    13,030,008.44     7.500000  %     26,661.51
M-2   760944LV8     6,257,900.00     5,959,734.06     7.500000  %     12,194.58
M-3   760944LW6     3,754,700.00     3,590,051.04     7.500000  %      7,345.83
B-1                 5,757,200.00     5,583,523.36     7.500000  %          0.00
B-2                 2,753,500.00     2,690,855.48     7.500000  %          0.00
B-3                 2,753,436.49     2,100,965.83     7.500000  %          0.00

-------------------------------------------------------------------------------
                  500,624,336.49   246,268,908.23                  1,733,443.37
===============================================================================
_______________________________________________________________________________
                                                                      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        29,885.34    473,897.01             0.00         0.00   4,354,287.41
A-3        74,360.83    903,180.68             0.00         0.00  13,498,160.78
A-4        59,488.66    473,898.59             0.00         0.00   6,749,080.38
A-5       414,756.18    414,756.18             0.00         0.00  66,592,000.00
A-6       327,404.01    327,404.01             0.00         0.00  52,567,000.00
A-7       332,841.34    332,841.34             0.00         0.00  53,440,000.00
A-8        89,849.72     89,849.72             0.00         0.00  14,426,000.00
A-9        26,646.78     26,646.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        81,155.04    107,816.55             0.00         0.00  13,003,346.93
M-2        74,237.28     86,431.86             0.00         0.00   5,947,539.48
M-3        44,719.38     52,065.21             0.00         0.00   3,582,705.21
B-1        14,344.50     14,344.50             0.00         0.00   5,583,523.36
B-2             0.00          0.00             0.00         0.00   2,690,855.48
B-3             0.00          0.00             0.00         0.00   2,079,736.20

-------------------------------------------------------------------------------
        1,569,689.06  3,303,132.43             0.00         0.00 244,514,235.23
===============================================================================















































Run:        07/23/97     15:32:24
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S18 (POOL # 4111)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4111
_______________________________________________________________________________


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     67.406989   6.237521     0.419832     6.657353   0.000000     61.169468
A-3    176.102323  10.187569     0.914018    11.101587   0.000000    165.914755
A-4    176.102323  10.187569     1.462428    11.649997   0.000000    165.914754
A-5   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
A-6   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
A-7   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
A-8   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    946.425553   1.936540     5.894640     7.831180   0.000000    944.489013
M-2    952.353675   1.948670    11.862970    13.811640   0.000000    950.405005
M-3    956.148571   1.956436    11.910240    13.866676   0.000000    954.192135
B-1    969.833141   0.000000     2.491576     2.491576   0.000000    969.833141
B-2    977.249130   0.000000     0.000000     0.000000   0.000000    977.249130
B-3    763.034062   0.000000     0.000000     0.000000   0.000000    755.323832


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:27 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S18 (POOL # 4111)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4111

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       64,071.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    26,589.33

SUBSERVICER ADVANCES THIS MONTH                                       30,304.41
MASTER SERVICER ADVANCES THIS MONTH                                    3,591.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   1,635,855.93

 (B)  TWO MONTHLY PAYMENTS:                                    1     469,875.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     624,476.66


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,363,927.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     244,514,235.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          873

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                 489,399.89

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,250,766.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.61823030 %     9.16875500 %    4.21301440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.54977830 %     9.21565634 %    4.23456530 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1306 %

      BANKRUPTCY AMOUNT AVAILABLE                         177,436.00
      FRAUD AMOUNT AVAILABLE                            2,476,275.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,643,092.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07013374
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.56

POOL TRADING FACTOR:                                                48.84185954


................................................................................


Run:        07/23/97     15:29:50                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-19 (POOL # 3184)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   3184
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944LH9    82,498,000.00    25,898,663.16     6.928658  %    758,929.02
A-2   760944LJ5     5,265,582.31     1,653,028.49     6.928658  %     48,440.00
S-1   760944LK2             0.00             0.00     0.090000  %          0.00
S-2   760944LG1             0.00             0.00     0.133812  %          0.00

-------------------------------------------------------------------------------
                   87,763,582.31    27,551,691.65                    807,369.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       145,815.08    904,744.10             0.00         0.00  25,139,734.14
A-2         9,306.91     57,746.91             0.00         0.00   1,604,588.49
S-1         2,014.96      2,014.96             0.00         0.00           0.00
S-2         2,995.86      2,995.86             0.00         0.00           0.00

-------------------------------------------------------------------------------
          160,132.81    967,501.83             0.00         0.00  26,744,322.63
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    313.930800   9.199363     1.767498    10.966861   0.000000    304.731438
A-2    313.930804   9.199362     1.767499    10.966861   0.000000    304.731442


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:29:50 rept2.frg Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-19 (POOL # 3184)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3184

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,414.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,883.31

SUBSERVICER ADVANCES THIS MONTH                                        4,531.39
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     621,350.62

 (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                                                      26,744,322.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           94

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      778,847.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION         100.00000010 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000010 %     0.00000000 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,667,152.52
      BANKRUPTCY AMOUNT AVAILABLE                         149,087.00
      FRAUD AMOUNT AVAILABLE                            1,755,272.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,146,180.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.91354728
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.66

POOL TRADING FACTOR:                                                30.47314375


................................................................................


Run:        07/23/97     15:32:30                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S20 (POOL # 4112)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4112
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944NE4    28,889,000.00             0.00     0.000000  %          0.00
A-2   760944NF1             0.00             0.00     0.000000  %          0.00
A-3   760944NG9    14,581,000.00             0.00     5.000030  %          0.00
A-4   760944NH7     7,938,000.00             0.00     5.249810  %          0.00
A-5   760944NJ3    21,873,000.00    21,265,071.23     5.750030  %    572,148.48
A-6   760944NR5    12,561,000.00    12,561,000.00     6.004100  %          0.00
A-7   760944NS3    23,816,000.00    23,816,000.00     6.981720  %          0.00
A-8   760944NT1    18,040,000.00    18,040,000.00     6.981720  %          0.00
A-9   760944NU8    35,577,000.00    25,808,406.60     6.450000  %    476,777.32
A-10  760944NK0             0.00             0.00     2.050000  %          0.00
A-11  760944NL8    37,000,000.00    12,499,498.87     7.250000  %          0.00
A-12  760944NM6     2,400,000.00     2,400,000.00     7.062290  %          0.00
A-13  760944NN4    34,545,000.00     9,020,493.03     6.022000  %          0.00
A-14  760944NP9    13,505,000.00     3,526,465.71     8.896293  %          0.00
A-15  760944NQ7             0.00             0.00     0.093668  %          0.00
R-I   760944NY0           100.00             0.00     7.000000  %          0.00
R-II  760944NZ7           100.00             0.00     7.000000  %          0.00
M-1   760944NV6     3,917,600.00     3,238,473.77     7.000000  %     17,620.56
M-2   760944NW4     1,958,800.00     1,619,236.89     7.000000  %      8,810.28
M-3   760944NX2     1,305,860.00     1,085,057.39     7.000000  %      5,903.80
B-1                 1,567,032.00     1,302,684.75     7.000000  %      7,087.92
B-2                   783,516.00       657,909.62     7.000000  %      3,579.69
B-3                   914,107.69       667,473.64     7.000000  %      3,631.73

-------------------------------------------------------------------------------
                  261,172,115.69   137,507,771.50                  1,095,559.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       101,659.40    673,807.88             0.00         0.00  20,692,922.75
A-6        62,702.20     62,702.20             0.00         0.00  12,561,000.00
A-7       138,242.59    138,242.59             0.00         0.00  23,816,000.00
A-8       104,715.16    104,715.16             0.00         0.00  18,040,000.00
A-9       138,398.55    615,175.87             0.00         0.00  25,331,629.28
A-10       43,987.13     43,987.13             0.00         0.00           0.00
A-11       75,342.71     75,342.71             0.00         0.00  12,499,498.87
A-12       14,091.83     14,091.83             0.00         0.00   2,400,000.00
A-13       45,162.88     45,162.88             0.00         0.00   9,020,493.03
A-14       26,083.11     26,083.11             0.00         0.00   3,526,465.71
A-15       10,708.55     10,708.55             0.00         0.00           0.00
R-I             2.63          2.63             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        18,847.30     36,467.86             0.00         0.00   3,220,853.21
M-2         9,423.65     18,233.93             0.00         0.00   1,610,426.61
M-3         6,314.82     12,218.62             0.00         0.00   1,079,153.59
B-1         7,581.37     14,669.29             0.00         0.00   1,295,596.83
B-2         3,828.91      7,408.60             0.00         0.00     654,329.93
B-3         3,884.58      7,516.31             0.00         0.00     663,841.91

-------------------------------------------------------------------------------
          810,977.37  1,906,537.15             0.00         0.00 136,412,211.72
===============================================================================

































Run:        07/23/97     15:32:30
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S20 (POOL # 4112)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4112
_______________________________________________________________________________


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-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    972.206429  26.157751     4.647712    30.805463   0.000000    946.048679
A-6   1000.000000   0.000000     4.991816     4.991816   0.000000   1000.000000
A-7   1000.000000   0.000000     5.804610     5.804610   0.000000   1000.000000
A-8   1000.000000   0.000000     5.804610     5.804610   0.000000   1000.000000
A-9    725.423914  13.401279     3.890113    17.291392   0.000000    712.022635
A-11   337.824294   0.000000     2.036289     2.036289   0.000000    337.824294
A-12  1000.000000   0.000000     5.871596     5.871596   0.000000   1000.000000
A-13   261.122971   0.000000     1.307364     1.307364   0.000000    261.122971
A-14   261.122970   0.000000     1.931367     1.931367   0.000000    261.122970
R-I      0.000000   0.000000    26.300000    26.300000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    826.647379   4.497795     4.810930     9.308725   0.000000    822.149584
M-2    826.647381   4.497795     4.810930     9.308725   0.000000    822.149587
M-3    830.914026   4.521005     4.835756     9.356761   0.000000    826.393021
B-1    831.307051   4.523150     4.838044     9.361194   0.000000    826.783901
B-2    839.688813   4.568752     4.886831     9.455583   0.000000    835.120061
B-3    730.191472   3.972978     4.249576     8.222554   0.000000    726.218494


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:33 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S20 (POOL # 4112)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4112

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,426.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,762.59

SUBSERVICER ADVANCES THIS MONTH                                        9,071.35
MASTER SERVICER ADVANCES THIS MONTH                                    2,422.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     360,579.11

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     406,936.52


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         97,709.29

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     136,412,211.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          557

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                 224,659.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      347,379.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.76701700 %     4.32176900 %    1.91121420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.75114440 %     4.33277442 %    1.91608110 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0938 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              689,682.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,652,051.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.54677216
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.43

POOL TRADING FACTOR:                                                52.23077179


................................................................................


Run:        07/23/97     15:32:35                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S21 (POOL # 4113)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4113
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PA0    37,931,000.00             0.00     6.500000  %          0.00
A-2   760944PB8    17,277,000.00             0.00     6.500000  %          0.00
A-3   760944PC6    40,040,600.00     6,574,625.66     6.500000  %  1,668,742.21
A-4   760944QX9    38,099,400.00     2,629,847.53    10.000000  %    667,496.18
A-5   760944QC5    61,656,000.00    61,656,000.00     7.500000  %          0.00
A-6   760944QD3     9,020,000.00     9,020,000.00     7.500000  %          0.00
A-7   760944QE1    37,150,000.00    37,150,000.00     7.500000  %          0.00
A-8   760944QF8     9,181,560.00     9,181,560.00     7.500000  %          0.00
A-9   760944QG6             0.00             0.00     0.079006  %          0.00
R     760944QL5         1,000.00             0.00     7.500000  %          0.00
M-1   760944QH4     7,403,017.00     7,062,670.83     7.500000  %     17,696.48
M-2   760944QJ0     3,365,008.00     3,225,529.27     7.500000  %      4,016.53
M-3   760944QK7     2,692,006.00     2,591,810.55     7.500000  %          0.00
B-1                 2,422,806.00     2,342,636.81     7.500000  %          0.00
B-2                 1,480,605.00     1,443,052.71     7.500000  %          0.00
B-3                 1,480,603.82     1,233,182.74     7.500000  %          0.00

-------------------------------------------------------------------------------
                  269,200,605.82   144,110,916.10                  2,357,951.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        35,383.38  1,704,125.59             0.00         0.00   4,905,883.45
A-4        21,774.37    689,270.55             0.00         0.00   1,962,351.35
A-5       382,870.13    382,870.13             0.00         0.00  61,656,000.00
A-6        56,012.21     56,012.21             0.00         0.00   9,020,000.00
A-7       230,693.29    230,693.29             0.00         0.00  37,150,000.00
A-8        57,015.46     57,015.46             0.00         0.00   9,181,560.00
A-9         9,426.92      9,426.92             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        43,857.62     61,554.10             0.00         0.00   7,044,974.35
M-2        40,181.08     44,197.61             0.00         0.00   3,221,512.74
M-3             0.00          0.00             0.00         0.00   2,591,810.55
B-1             0.00          0.00             0.00         0.00   2,342,636.81
B-2             0.00          0.00             0.00         0.00   1,443,052.71
B-3             0.00          0.00             0.00         0.00   1,210,047.68

-------------------------------------------------------------------------------
          877,214.46  3,235,165.86             0.00         0.00 141,729,829.64
===============================================================================

Run: 07/23/97 15:32:35
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S21 (POOL # 4113)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4113
_______________________________________________________________________________


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    164.198980  41.676254     0.883688    42.559942   0.000000    122.522726
A-4     69.025957  17.519861     0.571515    18.091376   0.000000     51.506096
A-5   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
A-6   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
A-7   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
A-8   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    954.026018   2.390442     5.924290     8.314732   0.000000    951.635576
M-2    958.550253   1.193617    11.940857    13.134474   0.000000    957.356636
M-3    962.780376   0.000000     0.000000     0.000000   0.000000    962.780376
B-1    966.910603   0.000000     0.000000     0.000000   0.000000    966.910603
B-2    974.637199   0.000000     0.000000     0.000000   0.000000    974.637199
B-3    832.891772   0.000000     0.000000     0.000000   0.000000    817.266350


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:36 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S21 (POOL # 4113)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4113

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       38,416.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,221.40

SUBSERVICER ADVANCES THIS MONTH                                       30,878.37
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,742,400.72

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,404,196.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     141,729,829.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          502

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                    2,019,997.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.57978690 %     8.93756800 %    3.48264550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.40276840 %     9.07240041 %    3.52483120 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0790 %

      BANKRUPTCY AMOUNT AVAILABLE                         140,181.00
      FRAUD AMOUNT AVAILABLE                            1,440,380.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,507,700.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.02671663
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.11

POOL TRADING FACTOR:                                                52.64840664


................................................................................


Run:        07/23/97     15:32:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PH5    29,659,000.00     3,619,611.96     7.000000  %    921,478.02
A-2   760944PP7    20,000,000.00    12,695,657.93     7.000000  %    258,484.98
A-3   760944PQ5    20,000,000.00    13,447,832.41     7.000000  %    231,867.14
A-4   760944PR3    44,814,000.00    31,977,766.68     7.000000  %    454,246.73
A-5   760944PS1    26,250,000.00    26,250,000.00     7.000000  %          0.00
A-6   760944PT9    29,933,000.00    29,933,000.00     7.000000  %          0.00
A-7   760944PU6    15,000,000.00    11,931,150.89     7.000000  %    108,599.98
A-8   760944PV4    37,500,000.00    37,500,000.00     7.000000  %          0.00
A-9   760944PW2    43,057,000.00    43,057,000.00     7.000000  %          0.00
A-10  760944PJ1     2,700,000.00     2,700,000.00     7.000000  %          0.00
A-11  760944PK8    23,600,000.00    23,600,000.00     7.000000  %          0.00
A-12  760944PL6    22,750,000.00     4,286,344.15     6.222000  %          0.00
A-13  760944PM4     9,750,000.00     1,837,004.63     8.815328  %          0.00
A-14  760944PN2             0.00             0.00     0.210367  %          0.00
R     760944QA9           100.00             0.00     7.000000  %          0.00
M-1   760944PX0     8,667,030.00     8,265,336.96     7.000000  %      9,516.46
M-2   760944PY8     4,333,550.00     4,146,248.35     7.000000  %      4,773.86
M-3   760944PZ5     2,600,140.00     2,487,758.57     7.000000  %      2,864.33
B-1                 2,773,475.00     2,659,138.65     7.000000  %      3,061.65
B-2                 1,560,100.00     1,498,981.07     7.000000  %      1,725.88
B-3                 1,733,428.45     1,606,020.62     7.000000  %      1,849.12

-------------------------------------------------------------------------------
                  346,680,823.45   263,498,852.87                  1,998,468.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        21,057.45    942,535.47             0.00         0.00   2,698,133.94
A-2        73,858.25    332,343.23             0.00         0.00  12,437,172.95
A-3        78,234.10    310,101.24             0.00         0.00  13,215,965.27
A-4       186,033.84    640,280.57             0.00         0.00  31,523,519.95
A-5       152,711.99    152,711.99             0.00         0.00  26,250,000.00
A-6       174,138.21    174,138.21             0.00         0.00  29,933,000.00
A-7        69,410.66    178,010.64             0.00         0.00  11,822,550.91
A-8       218,159.98    218,159.98             0.00         0.00  37,500,000.00
A-9       250,488.38    250,488.38             0.00         0.00  43,057,000.00
A-10       15,707.52     15,707.52             0.00         0.00   2,700,000.00
A-11      137,295.35    137,295.35             0.00         0.00  23,600,000.00
A-12       22,164.75     22,164.75             0.00         0.00   4,286,344.15
A-13       13,458.43     13,458.43             0.00         0.00   1,837,004.63
A-14       46,068.39     46,068.39             0.00         0.00           0.00
R               0.01          0.01             0.00         0.00           0.00
M-1        48,084.42     57,600.88             0.00         0.00   8,255,820.50
M-2        24,121.21     28,895.07             0.00         0.00   4,141,474.49
M-3        14,472.78     17,337.11             0.00         0.00   2,484,894.24
B-1        15,469.80     18,531.45             0.00         0.00   2,656,077.00
B-2         8,720.48     10,446.36             0.00         0.00   1,497,255.19
B-3         9,343.19     11,192.31             0.00         0.00   1,604,171.50

-------------------------------------------------------------------------------
        1,578,999.19  3,577,467.34             0.00         0.00 261,500,384.72
===============================================================================





































Run:        07/23/97     15:32:37
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    122.040931  31.069086     0.709985    31.779071   0.000000     90.971845
A-2    634.782897  12.924249     3.692913    16.617162   0.000000    621.858648
A-3    672.391621  11.593357     3.911705    15.505062   0.000000    660.798264
A-4    713.566445  10.136268     4.151244    14.287512   0.000000    703.430177
A-5   1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-6   1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-7    795.410059   7.239999     4.627377    11.867376   0.000000    788.170061
A-8   1000.000000   0.000000     5.817599     5.817599   0.000000   1000.000000
A-9   1000.000000   0.000000     5.817599     5.817599   0.000000   1000.000000
A-10  1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-11  1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-12   188.410732   0.000000     0.974275     0.974275   0.000000    188.410732
A-13   188.410731   0.000000     1.380352     1.380352   0.000000    188.410731
R        0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
M-1    953.652746   1.098007     5.547970     6.645977   0.000000    952.554739
M-2    956.778703   1.101605     5.566155     6.667760   0.000000    955.677099
M-3    956.778700   1.101606     5.566154     6.667760   0.000000    955.677094
B-1    958.775057   1.103904     5.577768     6.681672   0.000000    957.671153
B-2    960.823710   1.106262     5.589693     6.695955   0.000000    959.717448
B-3    926.499516   1.066741     5.390000     6.456741   0.000000    925.432775


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:38 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4114

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       68,314.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,858.61

SUBSERVICER ADVANCES THIS MONTH                                       31,717.93
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   3,178,888.02

 (B)  TWO MONTHLY PAYMENTS:                                    1     245,975.13

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,013,966.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     261,500,384.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          917

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                    1,695,083.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.15803640 %     5.65442500 %    2.18753910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.10720360 %     5.69107737 %    2.20171900 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2102 %

      BANKRUPTCY AMOUNT AVAILABLE                         109,526.00
      FRAUD AMOUNT AVAILABLE                            2,637,700.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,592,358.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.64712113
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.45

POOL TRADING FACTOR:                                                75.42972297


................................................................................


Run:        07/23/97     15:32:40                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S23 (POOL # 4115)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4115
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944ML9    14,417,000.00             0.00     6.500000  %          0.00
A-2   760944MG0    25,150,000.00     3,991,337.35     5.500000  %    616,794.15
A-3   760944MH8    12,946,000.00     4,482,534.93     6.700000  %    246,717.66
A-4   760944MJ4             0.00             0.00     2.300000  %          0.00
A-5   760944MV7    22,700,000.00    11,974,241.22     6.500000  %    213,074.34
A-6   760944MK1    11,100,000.00    11,100,000.00     5.850000  %          0.00
A-7   760944MW5    16,290,000.00    16,290,000.00     6.500000  %          0.00
A-8   760944MX3    12,737,000.00    12,737,000.00     6.500000  %          0.00
A-9   760944MY1     7,300,000.00     7,300,000.00     6.500000  %          0.00
A-10  760944MM7    15,200,000.00    15,200,000.00     6.500000  %          0.00
A-11  760944MN5     5,000,000.00     3,694,424.61     6.880000  %          0.00
A-12  760944MP0     2,692,308.00     1,989,305.77     5.794244  %          0.00
A-13  760944MQ8    15,531,578.00    11,476,048.76     6.750000  %          0.00
A-14  760944MR6     7,168,422.00     5,296,638.91     5.958314  %          0.00
A-15  760944MS4     5,000,000.00     3,694,424.61     6.750000  %          0.00
A-16  760944MT2     2,307,692.00     1,705,118.82     5.958314  %          0.00
A-17  760944MU9             0.00             0.00     0.271631  %          0.00
R-I   760944NC8           100.00             0.00     6.500000  %          0.00
R-II  760944ND6           100.00             0.00     6.500000  %          0.00
M-1   760944MZ8     2,739,000.00     2,240,067.95     6.500000  %     12,292.14
M-2   760944NA2     1,368,000.00     1,118,807.23     6.500000  %      6,139.34
M-3   760944NB0       912,000.00       745,871.47     6.500000  %      4,092.89
B-1                   729,800.00       596,860.74     6.500000  %      3,275.21
B-2                   547,100.00       447,441.11     6.500000  %      2,455.29
B-3                   547,219.77       447,538.99     6.500000  %      2,455.82

-------------------------------------------------------------------------------
                  182,383,319.77   116,527,662.47                  1,107,296.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        18,232.30    635,026.45             0.00         0.00   3,374,543.20
A-3        24,943.58    271,661.24             0.00         0.00   4,235,817.27
A-4         8,562.72      8,562.72             0.00         0.00           0.00
A-5        64,643.01    277,717.35             0.00         0.00  11,761,166.88
A-6        53,931.07     53,931.07             0.00         0.00  11,100,000.00
A-7        87,941.66     87,941.66             0.00         0.00  16,290,000.00
A-8        68,760.76     68,760.76             0.00         0.00  12,737,000.00
A-9        39,409.10     39,409.10             0.00         0.00   7,300,000.00
A-10       82,057.28     82,057.28             0.00         0.00  15,200,000.00
A-11       21,110.35     21,110.35             0.00         0.00   3,694,424.61
A-12        9,573.23      9,573.23             0.00         0.00   1,989,305.77
A-13       64,336.34     64,336.34             0.00         0.00  11,476,048.76
A-14       26,211.02     26,211.02             0.00         0.00   5,296,638.91
A-15       20,711.47     20,711.47             0.00         0.00   3,694,424.61
A-16        8,437.97      8,437.97             0.00         0.00   1,705,118.82
A-17       26,288.67     26,288.67             0.00         0.00           0.00
R-I             0.17          0.17             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        12,093.02     24,385.16             0.00         0.00   2,227,775.81
M-2         6,039.89     12,179.23             0.00         0.00   1,112,667.89
M-3         4,026.59      8,119.48             0.00         0.00     741,778.58
B-1         3,222.16      6,497.37             0.00         0.00     593,585.53
B-2         2,415.51      4,870.80             0.00         0.00     444,985.82
B-3         2,416.06      4,871.88             0.00         0.00     445,083.17

-------------------------------------------------------------------------------
          655,363.93  1,762,660.77             0.00         0.00 115,420,365.63
===============================================================================





























Run:        07/23/97     15:32:40
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S23 (POOL # 4115)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4115
_______________________________________________________________________________


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    158.701286  24.524618     0.724942    25.249560   0.000000    134.176668
A-3    346.248643  19.057443     1.926740    20.984183   0.000000    327.191200
A-5    527.499613   9.386535     2.847710    12.234245   0.000000    518.113078
A-6   1000.000000   0.000000     4.858655     4.858655   0.000000   1000.000000
A-7   1000.000000   0.000000     5.398506     5.398506   0.000000   1000.000000
A-8   1000.000000   0.000000     5.398505     5.398505   0.000000   1000.000000
A-9   1000.000000   0.000000     5.398507     5.398507   0.000000   1000.000000
A-10  1000.000000   0.000000     5.398505     5.398505   0.000000   1000.000000
A-11   738.884922   0.000000     4.222070     4.222070   0.000000    738.884922
A-12   738.884916   0.000000     3.555771     3.555771   0.000000    738.884916
A-13   738.884919   0.000000     4.142293     4.142293   0.000000    738.884920
A-14   738.884919   0.000000     3.656456     3.656456   0.000000    738.884919
A-15   738.884922   0.000000     4.142294     4.142294   0.000000    738.884922
A-16   738.884921   0.000000     3.656454     3.656454   0.000000    738.884921
R-I      0.000000   0.000000     1.700000     1.700000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    817.841530   4.487820     4.415122     8.902942   0.000000    813.353709
M-2    817.841542   4.487822     4.415124     8.902946   0.000000    813.353721
M-3    817.841524   4.487818     4.415121     8.902939   0.000000    813.353706
B-1    817.841518   4.487819     4.415127     8.902946   0.000000    813.353700
B-2    817.841546   4.487827     4.415116     8.902943   0.000000    813.353720
B-3    817.841413   4.487813     4.415118     8.902931   0.000000    813.353600


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:44 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S23 (POOL # 4115)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4115

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,148.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,383.87

SUBSERVICER ADVANCES THIS MONTH                                        8,812.26
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     838,980.37

 (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                                                     115,420,365.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          450

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                      467,863.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.19720270 %     3.52255100 %    1.28024610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.17773420 %     3.53683014 %    1.28543560 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2715 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              585,304.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,832,153.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13565590
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.87

POOL TRADING FACTOR:                                                63.28449651


................................................................................


Run:        07/23/97     15:32:49                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S27 (POOL # 4116)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4116
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PD4    21,790,000.00             0.00     6.500000  %          0.00
A-2   760944QQ4    20,994,000.00             0.00     7.500000  %          0.00
A-3   760944PE2    27,540,000.00             0.00     6.500000  %          0.00
A-4   760944PF9    26,740,000.00     8,991,820.12     6.500000  %  1,686,876.07
A-5   760944QB7    30,000,000.00    12,299,853.36     7.050000  %    363,793.56
A-6   760944PG7    48,041,429.00    48,041,429.00     6.500000  %          0.00
A-7   760944QY7    55,044,571.00    25,027,272.63    10.000000  %    740,233.27
A-8   760944QR2    15,090,000.00    15,090,000.00     7.500000  %          0.00
A-9   760944QS0     2,000,000.00     2,000,000.00     7.500000  %          0.00
A-10  760944QM3     7,626,750.00             0.00     0.000000  %          0.00
A-11  760944QN1     2,542,250.00             0.00     0.000000  %          0.00
A-12  760944QP6             0.00             0.00     0.123498  %          0.00
R     760944QW1           100.00             0.00     7.500000  %          0.00
M-1   760944QT8     6,864,500.00     6,499,243.04     7.500000  %      6,803.20
M-2   760944QU5     3,432,150.00     3,273,462.66     7.500000  %      3,426.56
M-3   760944QV3     2,059,280.00     1,978,931.77     7.500000  %      2,071.48
B-1                 2,196,565.00     2,135,614.83     7.500000  %      2,235.49
B-2                 1,235,568.00     1,208,247.63     7.500000  %          0.00
B-3                 1,372,850.89       949,692.05     7.500000  %          0.00

-------------------------------------------------------------------------------
                  274,570,013.89   127,495,567.09                  2,805,439.63
===============================================================================
_______________________________________________________________________________
                                                                      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        47,922.45  1,734,798.52             0.00         0.00   7,304,944.05
A-5        71,099.60    434,893.16             0.00         0.00  11,936,059.80
A-6       256,039.73    256,039.73             0.00         0.00  48,041,429.00
A-7       205,206.74    945,440.01             0.00         0.00  24,287,039.36
A-8        92,795.86     92,795.86             0.00         0.00  15,090,000.00
A-9        12,298.99     12,298.99             0.00         0.00   2,000,000.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12       12,910.21     12,910.21             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        39,967.05     46,770.25             0.00         0.00   6,492,439.84
M-2        20,130.14     23,556.70             0.00         0.00   3,270,036.10
M-3        12,169.42     14,240.90             0.00         0.00   1,976,860.29
B-1        13,132.95     15,368.44             0.00         0.00   2,133,379.34
B-2        15,529.10     15,529.10             0.00         0.00   1,208,247.63
B-3             0.00          0.00             0.00         0.00     947,433.20

-------------------------------------------------------------------------------
          799,202.24  3,604,641.87             0.00         0.00 124,687,868.61
===============================================================================

Run: 07/23/97 15:32:49
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S27 (POOL # 4116)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4116
_______________________________________________________________________________


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    336.268516  63.084371     1.792163    64.876534   0.000000    273.184146
A-5    409.995112  12.126452     2.369987    14.496439   0.000000    397.868660
A-6   1000.000000   0.000000     5.329561     5.329561   0.000000   1000.000000
A-7    454.672862  13.447889     3.728011    17.175900   0.000000    441.224973
A-8   1000.000000   0.000000     6.149494     6.149494   0.000000   1000.000000
A-9   1000.000000   0.000000     6.149495     6.149495   0.000000   1000.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
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    946.790449   0.991070     5.822281     6.813351   0.000000    945.799379
M-2    953.764451   0.998371     5.865169     6.863540   0.000000    952.766080
M-3    960.982368   1.005924     5.909551     6.915475   0.000000    959.976443
B-1    972.252053   1.017721     5.978858     6.996579   0.000000    971.234332
B-2    977.888412   0.000000    12.568390    12.568390   0.000000    977.888413
B-3    691.766351   0.000000     0.000000     0.000000   0.000000    690.120979


DETERMINATION DATE 21-July-97
DISTRIBUTION DATE 25-July-97

Run: 07/23/97 15:32:51 rept2.frg Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY) CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S27 (POOL # 4116)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4116

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,081.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,389.14

SUBSERVICER ADVANCES THIS MONTH                                       23,623.49
MASTER SERVICER ADVANCES THIS MONTH                                    2,252.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,975,607.29

 (B)  TWO MONTHLY PAYMENTS:                                    1     206,765.81

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,047,696.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,687,868.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          450

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                 297,413.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,674,240.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.41509820 %     9.21729100 %    3.36761080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.14518370 %     9.41497867 %    3.43983760 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1111 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              690,012.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,285,286.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.09259908
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.31

POOL TRADING FACTOR:                                                45.41204877


................................................................................


Run:        07/23/97     15:32:53                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S24 (POOL # 4117)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4117
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944QZ4    45,077,000.00    17,689,752.33     7.000000  %    516,363.84
A-2   760944RC4    15,690,000.00             0.00     7.000000  %          0.00
A-3   760944RD2    16,985,000.00     5,377,672.08     7.000000  %    514,668.48
A-4   760944RE0    12,254,000.00    12,254,000.00     7.000000  %          0.00
A-5   760944RF7     7,326,000.00     7,326,000.00     7.000000  %          0.00
A-6   760944RG5    73,547,000.00    73,547,000.00     7.000000  %          0.00
A-7   760944RH3     8,550,000.00     8,550,000.00     7.000000  %          0.00
A-8   760944RJ9   115,070,000.00    74,056,568.31     7.000000  %    773,274.24
A-9   760944RK6    33,056,000.00    33,056,000.00     7.000000  %          0.00
A-10  760944RA8    23,039,000.00    23,039,000.00     7.000000  %          0.00
A-11  760944RB6             0.00             0.00     0.189340  %          0.00
R     760944RP5         1,000.00             0.00     7.000000  %          0.00
M-1   760944RL4     9,349,300.00     8,927,598.80     7.000000  %     10,198.27
M-2   760944RM2     4,674,600.00     4,491,993.73     7.000000  %      5,131.34
M-3   760944RN0     3,739,700.00     3,615,123.74     7.000000  %      4,129.66
B-1                 2,804,800.00     2,737,341.09     7.000000  %      3,126.95
B-2                   935,000.00       914,257.10     7.000000  %          0.00
B-3                 1,870,098.07     1,494,638.13     7.000000  %          0.00

-------------------------------------------------------------------------------
                  373,968,498.07   277,076,945.31                  1,826,892.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       102,746.26    619,110.10             0.00         0.00  17,173,388.49
A-2             0.00          0.00             0.00         0.00           0.00
A-3        31,234.79    545,903.27             0.00         0.00   4,863,003.60
A-4        71,174.13     71,174.13             0.00         0.00  12,254,000.00
A-5        42,551.14     42,551.14             0.00         0.00   7,326,000.00
A-6       427,178.37    427,178.37             0.00         0.00  73,547,000.00
A-7        49,660.42     49,660.42             0.00         0.00   8,550,000.00
A-8       430,138.06  1,203,412.30             0.00         0.00  73,283,294.07
A-9       191,997.07    191,997.07             0.00         0.00  33,056,000.00
A-10      133,815.96    133,815.96             0.00         0.00  23,039,000.00
A-11       43,530.01     43,530.01             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        51,853.61     62,051.88             0.00         0.00   8,917,400.53
M-2        26,090.56     31,221.90             0.00         0.00   4,486,862.39
M-3        20,997.49     25,127.15             0.00         0.00   3,610,994.08
B-1        21,527.27     24,654.22             0.00         0.00   2,734,214.14
B-2        11,115.03     11,115.03             0.00         0.00     914,257.10
B-3             0.00          0.00             0.00         0.00   1,491,886.37

-------------------------------------------------------------------------------
        1,655,610.17  3,482,502.95             0.00         0.00 275,247,300.77
===============================================================================

Run: 07/23/97 15:32:53
Page: 2 of 3

               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S24 (POOL # 4117)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4117
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    392.434109  11.455151     2.279350    13.734501   0.000000    380.978958
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    316.613016  30.301353     1.838963    32.140316   0.000000    286.311663
A-4   1000.000000   0.000000     5.808236     5.808236   0.000000   1000.000000
A-5   1000.000000   0.000000     5.808236     5.808236   0.000000   1000.000000
A-6   1000.000000   0.000000     5.808237     5.808237   0.000000   1000.000000
A-7   1000.000000   0.000000     5.808236     5.808236   0.000000   1000.000000
A-8    643.578416   6.720033     3.738056    10.458089   0.000000    636.858383
A-9   1000.000000   0.000000     5.808237     5.808237   0.000000   1000.000000
A-10  1000.000000   0.00000