Statement to Certificateholder

Distribution Information

Deal Information

1. Distribution Summary

Deal Name:

Residential Accredit Loans Inc, 2006-QS2

2. Factor Summary

Asset Type:

Mortgage Asset-Backed Pass-Through Certificates

3. Components Information

(Not Applicable)

Closing Date:

02/27/2006

4. Interest Summary

First Distribution Date:

03/25/2006

5. Other Income Detail

(Not Applicable)

Determination Date:

06/22/2006

6. Interest Shortfalls, Compensation and Expenses

Distribution Date:

06/26/2006

Record Date:

7. Prepayment Interest and Basis Risk/Net WAC Shortfall Amounts

(Not Applicable)

Book-Entry:

06/23/2006

8. Collateral Summary

Definitive:

05/31/2006

9. Repurchase Information

Trustee:

Us Bank, Inc.

Main Telephone:

651-495-7000

10. Loan Status Report (Delinquencies)

11. Deal Delinquencies (30 Day Buckets)

GMAC-RFC

Bond Administrator:

Nicholas Gisler

12. Loss Mitigation and Servicing Modifications

Telephone:

818-260-1628

13. Losses and Recoveries

Pool(s) :

40290,40291,40289

14. Credit Enhancement Report

15. Distribution Percentages

16. Overcollateralization Summary

(Not Applicable)

17. Excess Cash Flow, Overcollateralization
Provisions and Derivative Amounts

(Not Applicable)

18. Performance Tests

19. Lender Paid Mortgage Insurance

(Not Applicable)

20. Comments

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 1 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



	1. Distribution Summary

									Beginning
					Original Face Value						Pass-Through					Principal			Interest		Total Distribution		Principal Loss				Interest		Deferred Interest			Ending Notional/ Principal Balance (1)-(3)-(6)+(8)=(9)
		Class	CUSIP




								(1)					(2)	(3)				(4)				(5)	(6)			(7)				(8)			(9)

I-A-1			761118UG1	65,456,500.00			65,456,500.00					5.50000000			0.00		300,008.96			300,008.96				0.00	0.00			0.00			65,456,500.00


I-A-2			761118UH9	49,800,000.00			45,330,202.91					5.58124993			1,737,683.21		210,832.66			1,948,515.87				0.00	0.00			0.00			43,592,519.70

						1				1																								1
I-A-3			761118UJ5	49,800,000.00			45,330,202.91					0.00000000			0.00		0.00			0.00				0.00	0.00			0.00			43,592,519.70



I-A-4			761118UK2	14,457,800.00			14,457,800.00					5.50000000			0.00		66,264.92			66,264.92				0.00	0.00			0.00			14,457,800.00


I-A-5			761118UL0	15,512,750.00			13,834,841.24					6.08124998			233,469.58		70,110.94			303,580.52				0.00	0.00			0.00			13,601,371.66


I-A-6			761118UM8	4,230,750.00			3,773,138.52					3.36874990			63,673.52		10,592.30			74,265.82				0.00	0.00			0.00			3,709,465.00

						1				1																								1
I-A-7			761118UN6	55,008,333.33			52,586,016.69					6.00000000			0.00		262,930.08			262,930.08				0.00	0.00			0.00			51,839,800.66



I-A-8			761118UP1	40,000,000.00			38,238,582.05					6.00000000			542,620.35		191,192.91			733,813.26				0.00	0.00			0.00			37,695,961.70


I-A-9			761118UQ9	153,030,000.00			147,520,920.00					5.50000000			1,836,360.00		676,137.55			2,512,497.55				0.00	0.00			0.00			145,684,560.00


I-A-10			761118UR7	105,672,000.00			105,672,000.00					5.57932921			0.00		491,315.73			491,315.73				0.00	0.00			0.00			105,672,000.00

						1				1																								1
I-A-11			761118US5	205,672,000.00			205,672,000.00					0.00000000			0.00		0.00			0.00				0.00	0.00			0.00			205,672,000.00



I-A-12			761118UT3	70,398,000.00			53,430,784.43					5.50000000			5,332,943.75		0.00			5,332,943.75				0.00	0.00			244,891.10			48,342,731.78


I-A-13			761118UU0	1,000,000.00			1,013,813.12					5.50000000			0.00		0.00			0.00				0.00	0.00			4,646.64			1,018,459.76


I-A-14			761118UV8	80,000,000.00			80,000,000.00					5.77073790			0.00		384,715.86			384,715.86				0.00	0.00			0.00			80,000,000.00

						1				1																								1
I-A-15			761118UW6	80,000,000.00			80,000,000.00					0.00000000			0.00		0.00			0.00				0.00	0.00			0.00			80,000,000.00



I-A-16			761118UX4	542,200.00			542,200.00					5.50000000			0.00		2,485.08			2,485.08				0.00	0.00			0.00			542,200.00


I-A-17			761118UY2	100,000,000.00			100,000,000.00					5.55980196			0.00		463,316.83			463,316.83				0.00	0.00			0.00			100,000,000.00

						1				1																								1
I-A-18			761118UZ9	100,000,000.00			100,000,000.00					0.00000000			0.00		0.00			0.00				0.00	0.00			0.00			100,000,000.00



II-A-1			761118VA3	106,430,000.00			102,801,155.12					5.50000000			1,692,056.61		471,171.96			2,163,228.57				0.00	0.00			0.00			101,109,098.51


II-A-2			761118VB1	3,725,000.00			3,597,992.13					5.50000000			59,221.18		16,490.80			75,711.98				0.00	0.00			0.00			3,538,770.95


III-A-1			761118VC9	15,068,000.00			14,850,521.45					5.50000000			177,020.55		68,064.89			245,085.44				0.00	0.00			0.00			14,673,500.90


I-A-P			761118VD7	3,240,432.02			3,190,587.14					0.00000000			25,397.08		0.00			25,397.08				0.00	0.00			0.00			3,165,190.06

						1				1																								1
I-A-V			761118VE5	750,223,860.48			719,267,584.58					0.57281317			0.00		343,338.29			343,338.29				0.00	0.00			0.00			709,716,415.28

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 2 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



II-A-P			761118VF2	1,623,637.29			1,564,459.15		0.00000000		6,274.08	0.00	6,274.08		0.00	0.00		0.00	1,558,185.07

						1		1												1
II-A-V			761118VG0	131,367,436.64			127,366,635.22		0.36321267		0.00	38,550.98	38,550.98		0.00	0.00		0.00	125,415,226.74



R-I			761118VH8	100.00			0.00		6.00000000		0.00	0.00	0.00		0.00	0.00		0.00	0.00


R-II			761118VJ4	100.00			0.00		5.50000000		0.00	0.00	0.00		0.00	0.00		0.00	0.00


R-III			761118VK1	100.00			0.00		5.50000000		0.00	0.00	0.00		0.00	0.00		0.00	0.00


I-M-1			761118VL9	23,257,800.00			23,216,169.57		6.00000000		14,165.72	116,080.85	130,246.57		0.00	0.00		0.00	23,202,003.85


I-M-2			761118VM7	7,877,500.00			7,863,399.62		6.00000000		4,797.98	39,317.00	44,114.98		0.00	0.00		0.00	7,858,601.64


I-M-3			761118VN5	6,001,800.00			5,991,057.04		6.00000000		3,655.54	29,955.29	33,610.83		0.00	0.00		0.00	5,987,401.50


II-M-1			761118VP0	3,090,300.00			3,056,995.52		5.50000000		11,305.37	14,011.23	25,316.60		0.00	0.00		0.00	3,045,690.15


II-M-2			761118VQ8	525,800.00			520,133.40		5.50000000		1,923.56	2,383.94	4,307.50		0.00	0.00		0.00	518,209.84


II-M-3			761118VR6	328,600.00			325,058.64		5.50000000		1,202.13	1,489.85	2,691.98		0.00	0.00		0.00	323,856.51


I-B-1			761118VS4	3,751,200.00			3,744,485.52		6.00000000		2,284.76	18,722.43	21,007.19		0.00	0.00		0.00	3,742,200.76


I-B-2			761118VT2	3,000,900.00			2,995,528.52		6.00000000		1,827.77	14,977.64	16,805.41		0.00	0.00		0.00	2,993,700.75


I-B-3			761118VU9	3,000,946.46			2,995,574.90		6.00000000		1,827.80	14,977.87	16,805.67		0.00	0.00		0.00	2,993,747.10


II-B-1			761118VV7	263,000.00			260,165.62		5.50000000		962.14	1,192.43	2,154.57		0.00	0.00		0.00	259,203.48


II-B-2			761118VW5	197,200.00			195,074.76		5.50000000		721.43	894.09	1,615.52		0.00	0.00		0.00	194,353.33


II-B-3			761118VX3	197,204.72			195,079.42		5.50000000		721.44	894.11	1,615.55		0.00	0.00		0.00	194,357.98


		Deal Totals			881,679,620.49		846,634,219.79			11,752,115.55		4,322,417.47	16,074,533.02	0.00			0.00	249,537.74	835,131,641.98

	1.Notional Balance

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 3 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



2. Factor Summary
Amount /Original Amount per $1000 unit)

	Class	CUSIP		Beginning Notional/ Principal Balance Factor	Principal Distribution Factor	Interest Distribution	Total Distribution	Deferred Interest Factor	Interest Shortfall	Ending Notional/ Principal Balance Factor




	I-A-1	761118UG1	1,000.00000000		0.00000000	4.58333336	4.58333336	0.00000000	0.00000000	1,000.00000000

	I-A-2	761118UH9	910.24503835		34.89323715	4.23358755	39.12682470	0.00000000	0.00000000	875.35180120

	I-A-3	761118UJ5	910.24503835		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	875.35180120

	I-A-4	761118UK2	1,000.00000000		0.00000000	4.58333356	4.58333356	0.00000000	0.00000000	1,000.00000000

	I-A-5	761118UL0	891.83679489		15.05017357	4.51956874	19.56974231	0.00000000	0.00000000	876.78662133

	I-A-6	761118UM8	891.83679489		15.05017314	2.50364593	17.55381906	0.00000000	0.00000000	876.78662176

	I-A-7	761118UN6	955.96455131		0.00000000	4.77982269	4.77982269	0.00000000	0.00000000	942.39904251

	I-A-8	761118UP1	955.96455125		13.56550875	4.77982275	18.34533150	0.00000000	0.00000000	942.39904250

	I-A-9	761118UQ9	964.00000000		12.00000000	4.41833333	16.41833333	0.00000000	0.00000000	952.00000000

	I-A-10	761118UR7	1,000.00000000		0.00000000	4.64944101	4.64944101	0.00000000	0.00000000	1,000.00000000

	I-A-11	761118US5	1,000.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	1,000.00000000

	I-A-12	761118UT3	758.98156808		75.75419401	0.00000000	75.75419401	3.47866559	0.00000000	686.70603966

	I-A-13	761118UU0	1,013.81312000		0.00000000	0.00000000	0.00000000	4.64664000	0.00000000	1,018.45976000

	I-A-14	761118UV8	1,000.00000000		0.00000000	4.80894825	4.80894825	0.00000000	0.00000000	1,000.00000000

	I-A-15	761118UW6	1,000.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	1,000.00000000

	I-A-16	761118UX4	1,000.00000000		0.00000000	4.58332719	4.58332719	0.00000000	0.00000000	1,000.00000000

	I-A-17	761118UY2	1,000.00000000		0.00000000	4.63316830	4.63316830	0.00000000	0.00000000	1,000.00000000

	I-A-18	761118UZ9	1,000.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	1,000.00000000

	II-A-1	761118VA3	965.90392859		15.89830508	4.42705966	20.32536475	0.00000000	0.00000000	950.00562351

	II-A-2	761118VB1	965.90392752		15.89830336	4.42706040	20.32536376	0.00000000	0.00000000	950.00562416

	III-A-1	761118VC9	985.56686023		11.74811189	4.51718144	16.26529334	0.00000000	0.00000000	973.81874834

	I-A-P	761118VD7	984.61782883		7.83755988	0.00000000	7.83755988	0.00000000	0.00000000	976.78026895

	I-A-V	761118VE5	958.73728159		0.00000000	0.45764779	0.45764779	0.00000000	0.00000000	946.00618917

	II-A-P	761118VF2	963.55211822		3.86421280	0.00000000	3.86421280	0.00000000	0.00000000	959.68790542

	II-A-V	761118VG0	969.54495328		0.00000000	0.29345918	0.29345918	0.00000000	0.00000000	954.69037037

	R-I	761118VH8	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	R-II	761118VJ4	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	R-III	761118VK1	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	I-M-1	761118VL9	998.21004437		0.60907395	4.99105031	5.60012426	0.00000000	0.00000000	997.60097043

	I-M-2	761118VM7	998.21004380		0.60907394	4.99105046	5.60012440	0.00000000	0.00000000	997.60096985

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 4 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006


I-M-3	761118VN5	998.21004365	0.60907394	4.99105102	5.60012496	0.00000000	0.00000000	997.60096971
I-M-3	761118VN5
II-M-1	761118VP0	989.22289745	3.65834061	4.53393845	8.19227907	0.00000000	0.00000000	985.56455684
II-M-1	761118VP0
II-M-2	761118VQ8	989.22289844	3.65834918	4.53392925	8.19227843	0.00000000	0.00000000	985.56454926
II-M-2	761118VQ8
II-M-3	761118VR6	989.22288497	3.65833841	4.53393183	8.19227024	0.00000000	0.00000000	985.56454656
II-M-3	761118VR6
I-B-1	761118VS4	998.21004479	0.60907443	4.99105086	5.60012529	0.00000000	0.00000000	997.60097036
I-B-1	761118VS4
I-B-2	761118VT2	998.21004365	0.60907394	4.99104935	5.60012330	0.00000000	0.00000000	997.60096971
I-B-2	761118VT2
I-B-3	761118VU9	998.21004471	0.60907451	4.99104872	5.60012324	0.00000000	0.00000000	997.60097020
I-B-3	761118VU9
II-B-1	761118VV7	989.22288973	3.65832700	4.53395437	8.19228137	0.00000000	0.00000000	985.56456274
II-B-1	761118VV7
II-B-2	761118VW5	989.22292089	3.65836714	4.53392495	8.19229209	0.00000000	0.00000000	985.56455375
II-B-2	761118VW5
II-B-3	761118VX3	989.22287458	3.65833029	4.53391785	8.19224814	0.00000000	0.00000000	985.56454430
II-B-3	761118VX3



	Deal Factor :			94.73002340%


	Group I Factor :			94.60061892%


	Group III Factor :			97.74424044%


	Group II Factor :			95.16211290%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 5 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



4. Interest Summary
The following section only reports information for classes that have accrued interest for this distribution.

Class		Accrual Period			Accrual Methodology	Beginning Notional/Principal Balance			Pass- Through Rate	Optimal Interest		Interest Loss			Deferred Interest		Interest Shortfall Amount		Other Income		Interest Distribution (1)-(2)-(3)- (4)+(5)=(6)		Accrued Certificate Interest Remaining Unpaid






		Start		End							(1)		(2)			(3)		(4)		(5)		(6)
I-A-1	05/01/2006		05/31/2006		30/360		65,456,500.00		5.50000000	300,008.96		0.00		0.00			0.00		0.00		300,008.96		0.00	0.00

I-A-2	05/25/2006		06/24/2006		30/360		45,330,202.91		5.58124993	210,832.66		0.00		0.00			0.00		0.00		210,832.66		0.00	0.00

I-A-4	05/01/2006		05/31/2006		30/360		14,457,800.00		5.50000000	66,264.92		0.00		0.00			0.00		0.00		66,264.92		0.00	0.00

I-A-5	05/25/2006		06/24/2006		30/360		13,834,841.24		6.08124998	70,110.94		0.00		0.00			0.00		0.00		70,110.94		0.00	0.00

I-A-6	05/25/2006		06/24/2006		30/360		3,773,138.52		3.36874990	10,592.30		0.00		0.00			0.00		0.00		10,592.30		0.00	0.00

I-A-7	05/01/2006		05/31/2006		30/360		52,586,016.69	1	6.00000000	262,930.08		0.00		0.00			0.00		0.00		262,930.08		0.00	1.00


I-A-8	05/01/2006		05/31/2006		30/360		38,238,582.05		6.00000000	191,192.91		0.00		0.00			0.00		0.00		191,192.91		0.00	0.00

I-A-9	05/01/2006		05/31/2006		30/360		147,520,920.00		5.50000000	676,137.55		0.00		0.00			0.00		0.00		676,137.55		0.00	0.00

I-A-10	05/25/2006		06/24/2006		30/360		105,672,000.00		5.57932921	491,484.88		0.00		0.00			0.00		0.00		491,315.73		0.00	0.00

I-A-12	05/01/2006		05/31/2006		30/360		53,430,784.43		5.50000000	244,891.10		0.00		244,891.10			0.00		0.00		0.00		0.00	0.00

I-A-13	05/01/2006		05/31/2006		30/360		1,013,813.12		5.50000000	4,646.64		0.00		4,646.64			0.00		0.00		0.00		0.00	0.00

I-A-14	05/25/2006		06/24/2006		30/360		80,000,000.00		5.77073790	385,416.67		0.00		0.00			0.00		0.00		384,715.86		0.00	0.00

I-A-16	05/01/2006		05/31/2006		30/360		542,200.00		5.50000000	2,485.08		0.00		0.00			0.00		0.00		2,485.08		0.00	0.00

I-A-17	05/25/2006		06/24/2006		30/360		100,000,000.00		5.55980196	463,437.50		0.00		0.00			0.00		0.00		463,316.83		0.00	0.00

II-A-1	05/01/2006		05/31/2006		30/360		102,801,155.12		5.50000000	471,171.96		0.00		0.00			0.00		0.00		471,171.96		0.00	0.00

II-A-2	05/01/2006		05/31/2006		30/360		3,597,992.13		5.50000000	16,490.80		0.00		0.00			0.00		0.00		16,490.80		0.00	0.00

III-A-1	05/01/2006		05/31/2006		30/360		14,850,521.45		5.50000000	68,064.89		0.00		0.00			0.00		0.00		68,064.89		0.00	0.00

I-A-V	05/01/2006		05/31/2006		30/360		719,267,584.58	1	0.57281317	343,338.29		0.00		0.00			0.00		0.00		343,338.29		0.00	1.00


II-A-V	05/01/2006		05/31/2006		30/360		127,366,635.22	1	0.36321267	38,550.98		0.00		0.00			0.00		0.00		38,550.98		0.00	1.00


I-M-1	05/01/2006		05/31/2006		30/360		23,216,169.57		6.00000000	116,080.85		0.00		0.00			0.00		0.00		116,080.85		0.00	0.00

I-M-2	05/01/2006		05/31/2006		30/360		7,863,399.62		6.00000000	39,317.00		0.00		0.00			0.00		0.00		39,317.00		0.00	0.00

I-M-3	05/01/2006		05/31/2006		30/360		5,991,057.04		6.00000000	29,955.29		0.00		0.00			0.00		0.00		29,955.29		0.00	0.00

II-M-1	05/01/2006		05/31/2006		30/360		3,056,995.52		5.50000000	14,011.23		0.00		0.00			0.00		0.00		14,011.23		0.00	0.00

II-M-2	05/01/2006		05/31/2006		30/360		520,133.40		5.50000000	2,383.94		0.00		0.00			0.00		0.00		2,383.94		0.00	0.00

II-M-3	05/01/2006		05/31/2006		30/360		325,058.64		5.50000000	1,489.85		0.00		0.00			0.00		0.00		1,489.85		0.00	0.00

I-B-1	05/01/2006		05/31/2006		30/360		3,744,485.52		6.00000000	18,722.43		0.00		0.00			0.00		0.00		18,722.43		0.00	0.00

I-B-2	05/01/2006		05/31/2006		30/360		2,995,528.52		6.00000000	14,977.64		0.00		0.00			0.00		0.00		14,977.64		0.00	0.00

I-B-3	05/01/2006		05/31/2006		30/360		2,995,574.90		6.00000000	14,977.87		0.00		0.00			0.00		0.00		14,977.87		0.00	0.00

II-B-1	05/01/2006		05/31/2006		30/360		260,165.62		5.50000000	1,192.43		0.00		0.00			0.00		0.00		1,192.43		0.00	0.00

II-B-2	05/01/2006		05/31/2006		30/360		195,074.76		5.50000000	894.09		0.00		0.00			0.00		0.00		894.09		0.00	0.00

II-B-3	05/01/2006		05/31/2006		30/360		195,079.42		5.50000000	894.11		0.00		0.00			0.00		0.00		894.11		0.00	0.00

Deal Totals						841,879,173.50				4,572,945.84		0.00		249,537.74			0.00		0.00		4,322,417.47		0.00



1.Notional Balance

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 6 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



	Current Index Rates

Index Type		Rate		Classes


USLIB TEL 25 -2BD		5.08125000	I-A-2, I-A-5, I-A-6, I-A-14, I-A-17, I-A-10


6. Interest Shortfalls, Compensation and Expenses

			Current Prepayment Interest Shortfall Amount		Compensating Interest			Net Prepayment Interest Shortfall Amount (1) - (2)=(3)		Civil Relief Act	Civil Relief Act	Compensation				Advances			Allowable Expenses per	Non-Recoverable






			(1)			(2)			(3)			Subservicer		Master		Subservicer		Master



	Group I	8,760.55		8,760.55			0.00			1	0.00		158,127.59		38,225.91		79,262.54	0.00	0.00	0.00

	Group II	1,506.57		1,506.57			0.00			0	0.00		23,874.49		5,324.19		6,488.82	0.00	0.00	0.00

	Group III	53.15		53.15			0.00			0	0.00		3,214.73		919.72		1,804.17	0.00	0.00	0.00

	Deal Totals	10,320.27		10,320.27			0.00			1	0.00		185,216.81		44,469.82		87,555.53	0.00	0.00	0.00

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 7 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



8. Collateral Summary

A. Loan Count and Balances

			Original Loan Count/ Scheduled Principal Balance								Beginning Loan Count/ Scheduled Principal Balance						Curtailments						Payoffs						Total Repurchases				Principal Portion of Losses			Ending Loan Count/ Scheduled Principal Balance



			Count					Balance			Count			Balance			Count			Amount			Count			Amount			Count	Amount	Count			Amount		Count			Balance
Group I
					3,458		750,223,860.48				3,341		719,267,584.58			548					376,095.46			45		8,735,605.92			0	0.00		0			0.00		3,296		709,716,415.28

Group II
					632		115,752,469.21				623		111,924,721.55			144					159,863.52			8		1,197,239.50			0	0.00		0			0.00		615		110,152,495.43

Group III
					147		15,614,967.43				147		15,441,913.67			28					5,535.29			1		117,466.93			0	0.00		0			0.00		146		15,262,731.31


	Deal Totals			4,237		881,591,297.12						4,111	846,634,219.80					720				541,494.27	54			10,050,312.35			0	0.00	0				0.00			4,057	835,131,642.02



B. Weighted Averages

			Beginning						Ending		Ending Weighted Average Remaining Amortization Term				Ending Weighted Average Months to Maturity		Beginning Weighted Average Net Mortgage			Ending Weighted Average Net Mortgage			Beginning Weighted Average Unmodified Net Mortgage				Net Weighted Average Cap Rate	Weighted Average Net Rate

		Group I
			6.88487505						6.88168497		353.79				353.75		6.54619787			6.54314219			6.54619787				N/A		N/A

		Group II
			6.10234897						6.09737814		169.89				169.89		5.78196073			5.77770634			5.78196073				N/A		N/A

		Group III
			6.21838710						6.22102334		170.84				170.84		5.89491694			5.89760446			5.89491694				N/A		N/A

		Deal Totals
			6.76926920						6.76616204		326.19				326.16		6.43328718			6.43038471			6.43328718				N/A		N/A



C. Constant Prepayment Rate

			1 Month CPR							3 Month CPR					6 Month CPR				12 Month CPR						Life CPR


	Group-I		14.19%							15.64%															14.73%

	Group-III		9.18%							3.39%															2.48%

	Group-II		13.67%							10.97%															9.96%

	Deal Totals		14.04%							14.83%															13.91%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 8 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



9. Repurchases

			Breaches Of Representations			ARM Conversions		Optional Repurchases of Defaulted Loans		Others		Total (1)+(2)+(3)+(4)=(5)
				(1)	(2)		(3)			(4)		(5)
		Count				0			0		0		0
				0


	Group I
		Scheduled Balance		0.00		0.00			0.00		0.00			0.00


		Count				0			0		0		0
				0


	Group II
		Scheduled Balance		0.00		0.00			0.00		0.00			0.00


		Count				0			0		0		0
				0


	Group III
		Scheduled Balance		0.00		0.00			0.00		0.00			0.00



		Count		0		0			0		0		0
	Deal Totals


		Scheduled Balance		0.00		0.00			0.00		0.00		0.00

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 9 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006


10. Loan Status Report
													Delinquency Calculation Method: Mortgage Bankers Association

					Current / Delinquent																	Bankruptcy								Foreclosure								REO																Total
	Deal Totals

		Count								Scheduled Balance					Count				Scheduled Balance				Count				Scheduled Balance					Count			Scheduled Balance				Actual Balance						Count								Scheduled Balance

	Current						3,992				821,596,175.80				1			140,712.30								0			0.00				0				0.00							0.00						3,993		821,736,888.10

	30 days					49					9,780,662.84				0			0.00								0			0.00				0				0.00							0.00						49		9,780,662.84

	60 days					12					2,870,895.77				0			0.00								0			0.00				0				0.00							0.00						12		2,870,895.77

	90 days					2					616,672.49				0			0.00								0			0.00				0				0.00							0.00						2		616,672.49

	120 days					1					126,522.82				0			0.00								0			0.00				0				0.00							0.00						1		126,522.82

	150 days					0					0.00				0			0.00								0			0.00				0				0.00							0.00						0		0.00

	180 days					0					0.00				0			0.00								0			0.00				0				0.00							0.00						0		0.00

	181+ days					0					0.00				0			0.00								0			0.00				0				0.00							0.00						0		0.00

	Total							4,056			834,990,929.72				1		140,712.30								0			0.00			0					0.00					0.00						4,057				835,131,642.02


	Current			98.40%								98.38%			0.02%						0.02%				0.00%				0.00%				0.00%		0.00%							0.00%								98.42%		98.40%

	30 days					1.21%					1.17%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							1.21%			1.17%

	60 days					0.30%					0.34%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.30%			0.34%

	90 days					0.05%					0.07%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.05%			0.07%

	120 days					0.02%					0.02%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.02%			0.02%

	150 days					0.00%					0.00%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.00%			0.00%

	180 days					0.00%					0.00%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%						0.00%				0.00%

	181+ days					0.00%					0.00%				0.00%					0.00%					0.00%				0.00%				0.00%		0.00%								0.00%						0.00%			0.00%

	Total		99.98%						99.98%					0.02%		0.02%								0.00%				0.00%			0.00%			0.00%						0.00%						100.00%					100.00%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 10 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



			Current / Delinquent											Bankruptcy						Foreclosure					REO											Total
Group I

	Count						Scheduled Balance							Count			Scheduled Balance	Count				Scheduled Balance					Count			Scheduled Balance	Actual Balance				Count					Scheduled Balance


Current						3,237						697,172,927.53		1		140,712.30					0			0.00				0		0.00			0.00					3,238			697,313,639.83

30 days					43					8,788,684.37			0			0.00					0			0.00				0		0.00			0.00					43			8,788,684.37

60 days					12					2,870,895.77			0			0.00					0			0.00				0		0.00			0.00					12			2,870,895.77

90 days					2					616,672.49			0			0.00					0			0.00				0		0.00			0.00					2			616,672.49

120 days					1					126,522.82			0			0.00					0			0.00				0		0.00			0.00					1			126,522.82

150 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

180 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

181+ days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

Total					3,295					709,575,702.98			1			140,712.30				0				0.00				0		0.00				0.00				3,296			709,716,415.28


Current				98.21%				98.23%						0.03%		0.02%				0.00%				0.00%				0.00%		0.00%				0.00%				98.24%			98.25%

30 days				1.30%							1.24%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.30%				1.24%

60 days				0.36%							0.40%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.36%		0.40%

90 days				0.06%							0.09%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.06%		0.09%

120 days				0.03%							0.02%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.03%		0.02%

150 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

180 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

181+ days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

Total		99.97%							99.98%				0.03%		0.02%				0.00%				0.00%			0.00%			0.00%			0.00%					100.00%		100.00%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 11 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



			Current / Delinquent											Bankruptcy						Foreclosure					REO											Total
Group II

	Count						Scheduled Balance							Count			Scheduled Balance	Count				Scheduled Balance					Count			Scheduled Balance	Actual Balance				Count					Scheduled Balance


Current						611						109,376,171.97		0		0.00					0			0.00				0		0.00			0.00					611			109,376,171.97

30 days					4					776,323.46			0			0.00					0			0.00				0		0.00			0.00					4			776,323.46

60 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

90 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

120 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

150 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

180 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

181+ days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

Total					615					110,152,495.43			0			0.00				0				0.00				0		0.00				0.00				615			110,152,495.43


Current				99.35%				99.30%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				99.35%			99.30%

30 days				0.65%							0.70%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.65%				0.70%

60 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

90 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

120 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

150 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

180 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

181+ days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

Total		100.00%							100.00%				0.00%		0.00%				0.00%				0.00%			0.00%			0.00%			0.00%					100.00%		100.00%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 12 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



			Current / Delinquent											Bankruptcy						Foreclosure					REO											Total
Group III

	Count						Scheduled Balance							Count			Scheduled Balance	Count				Scheduled Balance					Count			Scheduled Balance	Actual Balance				Count					Scheduled Balance


Current						144						15,047,076.30		0		0.00					0			0.00				0		0.00			0.00					144			15,047,076.30

30 days					2					215,655.01			0			0.00					0			0.00				0		0.00			0.00					2			215,655.01

60 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

90 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

120 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

150 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

180 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

181+ days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

Total					146					15,262,731.31			0			0.00				0				0.00				0		0.00				0.00				146			15,262,731.31


Current				98.63%				98.59%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				98.63%			98.59%

30 days				1.37%							1.41%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.37%				1.41%

60 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

90 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

120 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

150 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

180 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

181+ days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%		0.00%

Total		100.00%							100.00%				0.00%		0.00%				0.00%				0.00%			0.00%			0.00%			0.00%					100.00%		100.00%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 13 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



11. Delinquency Data

			Totals				Totals					Totals					Totals					Totals
		Count % Count		Balance % Balance		Count % Count		Balance % Balance			Count % Count		Balance % Balance			Count % Count		Balance % Balance			Count % Count		Balance % Balance

			49	9,780,662.84			0		0.00			0		0.00			0		0.00			0		0.00
	1 Month				13 Months					25 Months					37 Months					49 Months


			1.21%	1.17%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			12	2,870,895.77			0		0.00			0		0.00			0		0.00			0		0.00
	2 Months				14 Months					26 Months					38 Months					50 Months


			0.30%	0.34%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			2	616,672.49			0		0.00			0		0.00			0		0.00			0		0.00
	3 Months				15 Months					27 Months					39 Months					51 Months


			0.05%	0.07%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			1	126,522.82			0		0.00			0		0.00			0		0.00			0		0.00
	4 Months				16 Months					28 Months					40 Months					52 Months


			0.02%	0.02%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			0	0.00			0		0.00			0		0.00			0		0.00			0		0.00
	5 Months				17 Months					29 Months					41 Months					53 Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			0	0.00			0		0.00			0		0.00			0		0.00			0		0.00
	6 Months				18 Months					30 Months					42 Months					54 Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%

			0	0.00			0		0.00			0		0.00			0		0.00			0		0.00
	7 Months				19 Months					31 Months					43 Months					55 Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%

																	0		0.00
			0	0.00			0		0.00			0		0.00								0		0.00

	8 Months				20 Months					32 Months					44 Months					56 Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			0	0.00			0		0.00			0		0.00			0		0.00			0		0.00
	9 Months				21 Months					33 Months					45 Months					57 Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			0	0.00			0		0.00			0		0.00			0		0.00			0		0.00
	10 Months				22 Months					34 Months					46 Months					58 Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%

														0.00					0.00
			0	0.00			0		0.00			0					0					0		0.00

	11 Months				23 Months					35 Months					47 Months					59 Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%

			0	0.00			0		0.00			0		0.00			0		0.00			0		0.00
	12 Months				24 Months					36 Months					48 Months					60+ Months


			0.00%	0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 14 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



12. Loss Mitigation and Servicing Modifications


			Current			1 Payment			2 Payments				3+ Payments				Foreclosure				REO		Total

		Modification Type	Count		Scheduled Balance	Count		Scheduled Balance	Count			Scheduled Balance	Count		Scheduled Balance		Count	Scheduled Balance			Count	Scheduled Balance	Count	Scheduled Balance


Group I		Capitalizations	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00


		Other Modifications	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00



Group II		Capitalizations	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00


		Other Modifications	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00



Group III		Capitalizations	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00


		Other Modifications	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00



		Capitalizations		0	0.00		0	0.00			0	0.00		0		0.00	0		0.00	0		0.00	0	0.00

	Deal Totals
		Other
				0	0.00		0	0.00			0	0.00		0		0.00	0		0.00	0		0.00	0	0.00



				Payoffs										Repurchases					Liquidations													Total

		Current Month					Cumulative						Current Month			Cumulative			Current Month				Cumulative								Current Month						Cumulative
Modification Type

		Count			Scheduled Balance		Count		Scheduled Balance			Count			Scheduled Balance	Count	Scheduled Balance	Count		Scheduled Balance			Count		Scheduled Balance					Count					Scheduled Balance		Count		Scheduled Balance


Group I	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0				0.00


	Other Modifications		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0		0.00



Group II	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0				0.00


	Other Modifications		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0		0.00



Group III	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0				0.00


	Other Modifications		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0		0.00



Deal Totals	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00		0				0.00			0					0.00		0				0.00


	Other Modifications

		0		0.00		0		0.00			0			0.00	0	0.00	0		0.00		0			0.00				0					0.00		0			0.00

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 15 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



13. Losses and Recoveries
A. Current Cycle Realized Losses

			Current Period Realized Losses		Liquidations					Charge-Offs					Servicing Modifications						Bankruptcy Losses	Total

		Loss Count			0								0					0			0			0


	Group I	Beginning Aggregate Scheduled Balance			0.00								0.00						0.00		0.00			0


		Principal Portion of Loss					0.00							0.00						0.00	0.00				0.00



		Interest Portion of Loss						0.00						0.00						0.00	0.00				0.00


		Total Realized Loss		0.00								0.00					0.00				0.00	0.00


		Loss Count			0								0					0			0			0


	Group II	Beginning Aggregate Scheduled Balance			0.00								0.00						0.00		0.00			0


		Principal Portion of Loss					0.00							0.00						0.00	0.00				0.00



		Interest Portion of Loss						0.00						0.00						0.00	0.00				0.00


		Total Realized Loss		0.00								0.00					0.00				0.00	0.00


		Loss Count			0								0					0			0			0


	Group III	Beginning Aggregate Scheduled Balance			0.00								0.00						0.00		0.00			0


		Principal Portion of Loss					0.00							0.00						0.00	0.00				0.00



		Interest Portion of Loss						0.00						0.00						0.00	0.00				0.00


		Total Realized Loss		0.00								0.00					0.00				0.00	0.00


		Loss Count							0				0					0			0					0


		Beginning Aggregate Scheduled Balance							0.00				0.00					0.00			0.00					0.00
	Deal Totals



		Principal Portion of Loss							0.00				0.00					0.00			0.00					0.00


		Interest Portion of Loss						0.00					0.00					0.00			0.00					0.00


		Total Realized Loss					0.00				0.00					0.00					0.00		0.00


B. Cumulative Realized Losses

			Cumulative Realized Losses		Liquidations					Charge-Offs					Servicing Modifications						Bankruptcy Losses	Total


	Group I	Loss Count			0								0					0			0			0


		Total Realized Loss				0.00								0.00						0.00	0.00				0.00

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 16 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



		Group II	Loss Count		0								0							0		0		0


			Total Realized Loss				0.00							0.00							0.00	0.00			0.00



		Group III	Loss Count		0								0							0		0		0


			Total Realized Loss				0.00							0.00							0.00	0.00			0.00



		Deal Totals	Loss Count					0					0							0		0	0


			Total Realized Loss				0.00						0.00							0.00		0.00	0.00



C. Subsequent Recoveries

				Subsequent Recoveries		Current Period												Cumulative


			Subsequent Recoveries Count							0					0
		Group I
			Subsequent Recoveries								0.00					0.00


			Net Loss 1								0.00						0.00


			Net Loss % 2									0.00%							0.00%


			Subsequent Recoveries Count							0					0
		Group II
			Subsequent Recoveries								0.00					0.00


			Net Loss 1								0.00						0.00


			Net Loss % 2									0.00%							0.00%


			Subsequent Recoveries Count							0					0
		Group III
			Subsequent Recoveries								0.00					0.00


			Net Loss 1								0.00						0.00


			Net Loss % 2									0.00%							0.00%


			Subsequent Recoveries Count								0				0


			Subsequent Recoveries								0.00				0.00
		Deal Totals


			Net Loss 1								0.00				0.00



			Net Loss % 2						0.00%						0.00%

	1 Total Realized Loss less Subsequent Recoveries
	2 Net Loss % of Original Balance

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 17 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006

D. Default Percentages

Default Loss Percentage

1 Month

3 Months

6 Months

12 Months

Life of Deal

Group

Monthly Default Rate

0.00%

Constant Default Rate

0.00%

Group

Monthly Default Rate

0.00%

III

Constant Default Rate

0.00%

Group

Monthly Default Rate

0.00%

Constant Default Rate

0.00%

Monthly Default Rate

0.00%

Deal Totals

Constant Default Rate

0.00%

1-Month MDR (Current Month) = SUM(Beginning Scheduled balances of liquidating loans) / [SUM(Beginning Scheduled loan balances)- SUM(Scheduled Principal payments)]
m-Month = 3, 6, 12, months or the life of deal to date
m-Month MDR(over m months in period where n is current month)= 1-[(1-MDRn-m+1) * (1-MDRn-m+2) *.* (1-MDR n-1) * (1-MDRn)]^(1/m)
CDRm = 1- [(1- MDRm)^12],where m is number of months in period

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 18 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



14. Credit Enhancement Report

	Reserve Accounts
										DEPOSITS						WITHDRAWALS

																						Ending Balance

		Description		Source			Beginning Balance			Investment Earnings				Other Deposits	Draws					Releases



	CLASS I-A-2 RESERVE		Bear, Stearns & Co., Inc.				0.00			0.00			102.31		0.00				0.00		102.31



	CLASS I-A-10 RESERVE		Bank Of New York				0.00			0.00			0.00		0.00				0.00		0.00



	CLASS I-A-17 RESERVE		Bank Of New York				0.00			0.00			0.00		0.00				0.00		0.00



	CLASS I-A-14 RESERVE		Bank Of New York				0.00			0.00			0.00		0.00				0.00		0.00



	Hedge Agreements


	Description					Provider		Termination Date			Amount Received From Provider						Amount Paid to Provider


	CLASS I-A-2 Yield Maintenance Agreement				Bear, Stearns & Co., Inc.				04/25/2009			3,171.54						0.00



	CLASS I-A-17 Yield Maintenance Agreement				Bank Of New York				04/25/2015			4,983.50						0.00



	CLASS I-A-14 Yield Maintenance Agreement				Bank Of New York				03/25/2013			18,049.19						0.00



	CLASS I-A-10 Yield Maintenance Agreement				Bank Of New York				04/25/2015			6,985.73						0.00

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 19 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



15. Distribution Percentages


		Beginning Current Super		Beginning Current	Beginning Current		Beginning Current Senior

	I	0.00000000%		0.00000000%	93.04892875%	100.00000000%



	III	0.00000000%		0.00000000%	96.17021419%	100.00000000%



	II	0.00000000%		0.00000000%	95.06313331%	100.00000000%



		Ending Percentage

	I-M-1		2.93125168%

	I-M-2		0.99282542%

	I-M-3		0.75642521%

	II-M-1		0.38478075%

	II-M-2		0.06546863%

	II-M-3		0.04091478%

	Class M Total:		5.17166647%


	I-B-1		0.47277521%

	I-B-2		0.37821261%

	I-B-3		0.37821846%

	II-B-1		0.03274677%

	II-B-2		0.02455385%

	II-B-3		0.02455444%

	Class B Total:		1.31106134%

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 20 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006

18. Performance Tests

Group I

Group II

Group III

Current Distribution Date >= Target Distribution

Current Distribution Date >= Target Distribution Date

False

Current Senior Pct > Initial Senior Percent

Current Senior Percentage > Original Senior Percentage

False

60+ Dlq Avg Loan Balance / Subordinate Balance

Dlq Average Loan Balance / Class M and B balance Test

True

False

60+ Dlq Avg Loan Balance <= 2% of Pool Balance

Dlq Average Loan Balance Test

True

False

Sub Balance Test OR 2% Delinquency Test

Dlq Balance Test

True

False

Aggregate Realized Loss Pct < Scheduled Loss Pct

Aggregate Realized Loss Test

True

False

Sr. Accel. % Trigger - 1st Trigger Event

1st Senior Accelerated Stepdown Trigger

True

False

60+ Dlq Avg Loan Balance <= 4% of Avg Pool Balance

2nd 60+ Delinquent Average Loan Balance Test

True

False

Aggregate Realized Loss Pct < Scheduled Loss Pct

Aggregate Realized Loss Percentage > 2nd Scheduled Loss Percentage

True

False

Sr. Accel. % Trigger - 2nd Trigger Event

2nd Senior Accelerated Stepdown Trigger

True

False

60+ Delinq Balance OR Aggregate Loss Test

Senior Accelerated Stepdown Trigger in effect?

True

False

Senior Accelerated Stepdown Date and Trigger Event

Senior Accelerated Stepdown Trigger in effect?

False

M-2, M-3, B-1, B-2, B-3 BegBal/PoolBal

Class M-2 Prepayment Distribution Trigger

False

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 21 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

June 26, 2006



M-3, B-1, B-2, B-3 BegBal/PoolBal

	Class M-3 Prepayment Distribution Trigger	False	False	False

B-1, B-2, B-3 BegBal/PoolBal

	Class B-1 Prepayment Distribution Trigger	False	False	False

B-2, B-3 BegBal/PoolBal

	Class B-2 Prepayment Distribution Trigger	False	False	False

B-3 BegBal/PoolBal

	Class B-3 Prepayment Distribution Trigger	False	False	False



20. Comments

	ERISA Text:	Each beneficial owner of any Certificate (or any interest therein) which provides credit enhancement for any other Certificate and is available in book-entry form, including any such

		Class M Certificate, shall be deemed to have represented, by virtue of its acquisition or holding of such Certificate (or interest therein), that either: a) it is not an employee benefit
		or other plan subject to the prohibited transaction provision of the Employee Retirement Income Security Act of 1974, as amended('ERISA'), or Section 4975 of the Internal Revenue
		Code of 1986, as amended (a 'Plan'), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of
		purchasing any Certificate with 'plan assets' of any Plan; or b) (i) the transferee is an insurance company, (ii) the source of funds to be used by it to purchase the Certificates is an
		'insurance company general account' (within the meaning of Department of Labor Prohibited Transaction Class Exemption ('PTCE') 95-60), and (iii) the conditions set forth in
		Section I and III of PTCE 95-60 have been satisfied. Any purported beneficial owner of any such book-entry Certificate (or interest therein) to whom either (a) or (b) above does not
		apply shall indemnify and hold harmless the Company, the Trustee, the Master Servicer, any Subservicer, and the Trust Fund from and against any and all liabilities, claim, cost or
		expenses incurred by such parties as a result of its acquisition or holding of such Certificate.

06/28/2006

7:24:48PM

GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors

Page 22 of 22



	Statement To Certificateholder



	Residential Accredit Loans Inc., 2006-QS2

	June 26, 2006



	Cash Flow Received and Uses of Funds


	Cash Flow Received		Amount

	Principal and Interest Payments		16,075,594.94
	Prepayment Premium		0.00
	Liquidation and Insurance Proceeds		0.00
	Subsequent Recoveries		0.00
	Repurchase Proceeds		0.00
	Other Deposits/Adjustments (including Derivative Payment)		43,407.92
	Total Deposits		16,119,002.86

	Uses of Funds		Amount

	Transfer to Certificate Account		16,074,533.02
	Reimbursed Advances and Expenses		0.00
	Master Servicing Compensation		44,469.87
	Derivative Payment/ Reserve Draw		NA
	Total Withdrawals		16,119,002.89

	Ending Balance		0.00



		GMAC-RFC, 2255 North Ontario Street, Suite 400, Burbank, CA 91504, 818.260.1400, www.gmacrfc.com/investors	Appendix A

RALI Series 2006-QS2 Trust 10-D