UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                                    FORM 10-K


              Annual Report Pursuant to Section 13 or 15 (d) of the
                         Securities Exchange Act of 1934
                   For the fiscal year ended December 31, 1999

                   Commission File Numbers 33-95932; 33-38733;
                 333-33493; 333-48327; 333-63549; and 333-72661

                        RESIDENTIAL ACCREDIT LOANS, INC.


                        State of Incorporation: Delaware
                I.R.S. Employer Identification Number: 51-0362653

                      8400 Normandale Lake Blvd, Suite 600
                          Minneapolis, Minnesota 55437
                            Telephone (612) 832-7000



   Securities registered pursuant to Section 12(b) of the Act:   None
   Securities registered pursuant to Section 12(g) of the Act: None.

     Indicate  by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the  Securities  Exchange Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
Registrant  was required to file such  reports) and (2) has been subject to such
filing requirements for the past 90 days. Yes X No ____.





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                      RESIDENTIAL ACCREDIT LOANS, INC.

                             TABLE OF CONTENTS


                                                                    Page #
   PART I

   Item 1.     Business                                                     2
   Item 2.     Properties                                                   2
   Item 3.     Legal Proceedings                                            2
   Item 4.     Submission of Matters to a Vote of Security Holders          2

   PART II

   Item 5.     Market for the Registrant's Common Equity and
               Related Stockholder Matters                                  2
   Item 6.     Selected Financial Data                                      2
   Item 7.     Management's Discussion & Analysis of Financial
               Condition and Results of Operations                          2
   Item 8.     Financial Statements & Supplementary Financial
               Data                                                         3
   Item 9.     Changes in and Disagreements with Accountants
               on Accounting & Financial Disclosure                         3

   PART III

   Item 10.    Directors and Executive Officers of the
               Registrant                                                   3
   Item 11.    Executive Compensation                                       3
   Item 12.    Security Ownership of Certain Beneficial
               Owners and Management                                        3
   Item 13.    Certain Relationships and Related Transactions               3


   PART IV

   Item 14.    Exhibits, Financial Statement Schedules and
               Reports on Form 8-K                                          4
               SIGNATURES                                                   5
               EXHIBITS                                                     6




                                            -1-


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   PART I

   Item 1.     Business

        Information not provided pursuant to Exemptive Order.

   Item 2.     Properties

        Pursuant to the Exemptive Order the Master  Servicer's  Annual Statement
        as to Compliance, dated March 30, 2000 are filed as Exhibit 1 under Item
        14(a) hereof.

   Item 3.     Legal Proceedings

        There are no material pending legal proceedings related to any series of
        Certificates that involve the Trustee, Custodian, the Master Servicer or
        the Registrant with respect to any such series.

   Item 4.     Submission of Matters to a Vote of Security Holders

            Information not provided pursuant to Exemptive Order.

   PART II

   Item 5.     Market for the Registrant's Common Equity and Related Matters

        (a) There is no established public trading market for the Certificates.

        (b) At  December  31,  1999,  the number of holders of record of each
            outstanding  series of  Certificates is listed in Exhibit 3 under
            Item 14(a) hereof.

        (c)Not applicable.


   Item 6.     Selected Financial Data

               Information not provided pursuant to Exemptive Order.

   Item 7.     Management's Discussion & Analysis of Financial Condition and
                Results of Operations

                                            -2-


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               Information not provided pursuant to Exemptive Order.

   Item 8.     Financial Statements & Supplementary Financial Data

        See the Master  Servicer's  Annual Statement of Compliance that is filed
        as Exhibit 1 under Item 14(a)  hereof;  see also report  dated March 20,
        2000  prepared  by  the  Master   Servicer's   independent   accountant,
        concerning the Master Servicer's  servicing  activities that is filed as
        Exhibit 2 under Item 14(a) hereof.

   Item 9.     Disagreements on Accounting and Financial Disclosure

        Not Applicable.

   PART III

   Item 10.    Directors and Executive Officers of the Registrant

        Information not provided pursuant to Exemptive Order.

   Item 11.    Executive Compensation

        Information not provided pursuant to Exemptive Order.

   Item 12.    Security Ownership of Certain Beneficial Owners and Management

           (a) Each  holder of record  of more  than  five  percent  (5%) of the
               fractional  undivided  interest in a Mortgage Pool evidenced by a
               series of  Certificates,  outstanding  at  December  31,  1999 is
               listed in Exhibit 4 under Item 14(a) hereof.

           (b) Not applicable

           (c) Not applicable.

   Item 13.    Certain Relationships and Related Transactions

               Information not provided pursuant to Exemptive Order.

                                            -3-


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       PART IV

   Item 14.    Exhibits, Financial Statement Schedules and Reports on  Form 8-K

           (a)                                                        EXHIBIT #

              Officers' Annual Compliance Statements:                       1
               Residential Funding Corporation

        Residential Funding Corporation Independent Auditors' Report on the
        Uniform Single Audit Program for Mortgage Bankers                   2

               Part II, Item 5(b)                                           3

               Part III, Item 12(a)                                         4


        Audited  financial  statements  for the year ended December 31, 1999 for
        Ambac Financial Group, Inc.*

        Audited  financial  statements  for the year ended December 31, 1999 for
        Municipal Bond Investors Assurance Corporation **

           (b) See Item 2.

           (c) Not applicable.

           (d) Not applicable.  No annual report or proxy material has
               been sent to security holders.


----------------------

*  Incorporated  by  reference  to the  audited  financial  statements  of Ambac
Financial Group, Inc. Filed with the Securities and Exchange Commission on March
30, 2000 as part of its Annual Report on Form 10-K  (Commission  File  #1-10777)
for the twelve-month period ended December 31, 1999.

**  Incorporated by reference to the audited  financial  statements of Municipal
Bond  Investors  Assurance  Corporation,  Inc.  Filed  with the  Securities  and
Exchange  Commission on March 29, 2000 as part of its Annual Report on Form 10-K
(Commission File #1-9583) for the twelve- month period ended December 31, 1999.


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SIGNATURES

   Pursuant  to the  requirements  of  Section  13 or  15(d)  of the  Securities
   Exchange Act of 1934, the Registrant has duly caused this report to be signed
   on its behalf by the undersigned,  thereto duly authorized,  on this 30th day
   of March, 2000.

   RESIDENTIAL ACCREDIT LOANS, INC.

   By:  / s/ Christopher J. Nordeen
   Christopher J. Nordeen
   President

   Pursuant to the  requirements  of the Securities  Exchange Act of 1934,  this
   report  has been  executed  below by the  following  persons on behalf of the
   Registrant and in the capacities and on the dates indicated.


   /s/ Christopher J. Nordeen
   Christopher J. Nordeen
   President
   March 30, 2000




   /s/ David C. Walker
   David C. Walder
   Assistant Treasurer
   March 30, 2000




   /s/ Davee L. Olson
   Davee L. Olson
   Chief Financial Officer
   March 30,2000


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