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:

11/21/2006

6. Interest Shortfalls, Compensation and Expenses

Distribution Date:

11/27/2006

Record Date:

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

(Not Applicable)

Book-Entry:

11/22/2006

8. Collateral Summary

Definitive:

10/31/2006

Fixed BE:

10/31/2006

9. Repurchase Information

10. Loan Status Report (Delinquencies)

Trustee:

Us Bank, Inc.

11. Deal Delinquencies (30 Day Buckets)

Main Telephone:

651-495-7000

12. Loss Mitigation and Servicing Modifications

GMAC-RFC

13. Losses and Recoveries

Bond Administrator:

Rona Hsu

14. Credit Enhancement Report

Telephone:

818-260-1508

15. Distribution Percentages

Pool(s) :

40290,40291,40289

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

11/28/2006

4:12:17PM

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

November 27, 2006



	1. Distribution Summary

		Class	CUSIP		Original Face Value			Beginning Notional / Principal Balance		Pass - Through Rate				Principal Distribution			Interest Distribution		Total Distribution (3) + (4) = (5)		Principal Loss				Interest Loss		Deferred Interest			Ending Notional/ Principal Balance (1)-(3)-(6)+(8)=(9)





								(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		299,968.08			299,968.08				0.00	0.00			0.00			65,456,500.00


I-A-2			761118UH9	49,800,000.00			35,485,167.15				5.81999998		2,297,203.19		172,080.90			2,469,284.09				0.00	0.00			0.00			33,187,963.96

						1			1																							1
I-A-3			761118UJ5	49,800,000.00			35,485,167.15				0.00000000		0.00		0.00			0.00				0.00	0.00			0.00			33,187,963.96



I-A-4			761118UK2	14,457,800.00			14,457,800.00				5.50000000		0.00		66,255.89			66,255.89				0.00	0.00			0.00			14,457,800.00


I-A-5			761118UL0	15,512,750.00			12,652,799.61				6.32000019		361,248.39		66,629.00			427,877.39				0.00	0.00			0.00			12,291,551.22


I-A-6			761118UM8	4,230,750.00			3,450,763.53				2.49333341		98,522.29		7,168.94			105,691.23				0.00	0.00			0.00			3,352,241.24

						1			1																							1
I-A-7			761118UN6	55,008,333.33			48,423,920.29				6.00000000		0.00		242,086.61			242,086.61				0.00	0.00			0.00			47,412,876.70



I-A-8			761118UP1	40,000,000.00			35,212,061.41				6.00000000		735,193.03		176,036.32			911,229.35				0.00	0.00			0.00			34,476,868.38


I-A-9			761118UQ9	153,030,000.00			138,339,120.00				5.50000000		1,836,360.00		633,967.90			2,470,327.90				0.00	0.00			0.00			136,502,760.00


I-A-10			761118UR7	105,672,000.00			105,672,000.00				5.79300216		0.00		510,065.77			510,065.77				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			23,993,435.14				5.50000000		7,653,897.54		0.00			7,653,897.54				0.00	0.00			109,954.93			16,449,492.53


I-A-13			761118UU0	1,000,000.00			1,037,258.01				5.50000000		0.00		0.00			0.00				0.00	0.00			4,753.45			1,042,011.46


I-A-14			761118UV8	80,000,000.00			80,000,000.00				5.95328820		0.00		396,835.92			396,835.92				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		2,484.74			2,484.74				0.00	0.00			0.00			542,200.00


I-A-17			761118UY2	100,000,000.00			100,000,000.00				5.77468956		0.00		481,161.67			481,161.67				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			96,266,535.91				5.50000000		859,827.22		441,221.62			1,301,048.84				0.00	0.00			0.00			95,406,708.69


II-A-2			761118VB1	3,725,000.00			3,369,283.53				5.50000000		30,093.55		15,442.55			45,536.10				0.00	0.00			0.00			3,339,189.98


III-A-1			761118VC9	15,068,000.00			14,379,555.31				5.50000000		60,808.44		65,906.30			126,714.74				0.00	0.00			0.00			14,318,746.87


I-A-P			761118VD7	3,240,432.02			3,013,725.29				0.00000000		8,679.65		0.00			8,679.65				0.00	0.00			0.00			3,005,045.64

						1			1																							1
I-A-V			761118VE5	750,223,860.48			665,973,902.19				0.55837493		0.00		309,843.71			309,843.71				0.00	0.00			0.00			653,045,305.76

11/28/2006

4:12:17PM

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

November 27, 2006



II-A-P			761118VF2	1,623,637.29			1,511,288.64		0.00000000		9,324.50		0.00		9,324.50		0.00	0.00		0.00	1,501,964.14

						1		1														1
II-A-V			761118VG0	131,367,436.64			119,993,126.47		0.35258050		0.00		35,256.03		35,256.03		0.00	0.00		0.00	119,015,303.44



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			23,144,177.69		6.00000000		25,891.88		115,705.12		141,597.00		0.00	0.00		0.00	23,118,285.81


I-M-2			761118VM7	7,877,500.00			7,839,015.72		6.00000000		8,769.67		39,189.74		47,959.41		0.00	0.00		0.00	7,830,246.05


I-M-3			761118VN5	6,001,800.00			5,972,479.15		6.00000000		6,681.53		29,858.33		36,539.86		0.00	0.00		0.00	5,965,797.62


II-M-1			761118VP0	3,090,300.00			2,999,217.02		5.50000000		11,932.05		13,746.41		25,678.46		0.00	0.00		0.00	2,987,284.97


II-M-2			761118VQ8	525,800.00			510,302.66		5.50000000		2,030.18		2,338.89		4,369.07		0.00	0.00		0.00	508,272.48


II-M-3			761118VR6	328,600.00			318,914.90		5.50000000		1,268.77		1,461.69		2,730.46		0.00	0.00		0.00	317,646.13


I-B-1			761118VS4	3,751,200.00			3,732,874.10		6.00000000		4,176.04		18,661.83		22,837.87		0.00	0.00		0.00	3,728,698.06


I-B-2			761118VT2	3,000,900.00			2,986,239.58		6.00000000		3,340.77		14,929.16		18,269.93		0.00	0.00		0.00	2,982,898.81


I-B-3			761118VU9	3,000,946.46			2,986,285.81		6.00000000		3,340.82		14,929.39		18,270.21		0.00	0.00		0.00	2,982,944.99


II-B-1			761118VV7	263,000.00			255,248.38		5.50000000		1,015.47		1,169.89		2,185.36		0.00	0.00		0.00	254,232.91


II-B-2			761118VW5	197,200.00			191,387.76		5.50000000		761.41		877.19		1,638.60		0.00	0.00		0.00	190,626.35


II-B-3			761118VX3	197,204.72			191,392.34		5.50000000		761.43		877.21		1,638.64		0.00	0.00		0.00	190,630.91


		Deal Totals			881,679,620.49		785,967,028.64			14,021,127.82		4,176,156.80		18,197,284.62		0.00			0.00	114,708.38	772,060,609.20

	1.Notional Balance

11/28/2006

4:12:17PM

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

November 27, 2006



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

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




	I-A-1	761118UG1	1,000.00000000		0.00000000	4.58270882		4.58270882	0.00000000	0.00062454	1,000.00000000

	I-A-2	761118UH9	712.55355723		46.12857811	3.45543976		49.58401787	0.00000000	0.00044498	666.42497912

	I-A-3	761118UJ5	712.55355723		0.00000000	0.00000000		0.00000000	0.00000000	0.00000000	666.42497912

	I-A-4	761118UK2	1,000.00000000		0.00000000	4.58270899		4.58270899	0.00000000	0.00062458	1,000.00000000

	I-A-5	761118UL0	815.63872363		23.28719215	4.29511209		27.58230423	0.00000000	0.00058532	792.35153148

	I-A-6	761118UM8	815.63872363		23.28719258	1.69448443		24.98167701	0.00000000	0.00023164	792.35153105

	I-A-7	761118UN6	880.30153540		0.00000000	4.40090792		4.40090792	0.00000000	0.00059973	861.92170949

	I-A-8	761118UP1	880.30153525		18.37982575	4.40090800		22.78073375	0.00000000	0.00059975	861.92170950

	I-A-9	761118UQ9	904.00000000		12.00000000	4.14276874		16.14276874	0.00000000	0.00056460	892.00000000

	I-A-10	761118UR7	1,000.00000000		0.00000000	4.82687722		4.82687722	0.00000000	0.00062457	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	340.82552260		108.72322424	0.00000000		108.72322424	1.56190417	0.00021293	233.66420253

	I-A-13	761118UU0	1,037.25801000		0.00000000	0.00000000		0.00000000	4.75345000	0.00065000	1,042.01146000

	I-A-14	761118UV8	1,000.00000000		0.00000000	4.96044900		4.96044900	0.00000000	0.00062450	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	4.58270011		4.58270011	0.00000000	0.00062707	1,000.00000000

	I-A-17	761118UY2	1,000.00000000		0.00000000	4.81161670		4.81161670	0.00000000	0.00062460	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	904.50564606		8.07880504	4.14565085		12.22445589	0.00000000	0.00000000	896.42684102

	II-A-2	761118VB1	904.50564564		8.07880537	4.14565101		12.22445638	0.00000000	0.00000000	896.42684027

	III-A-1	761118VC9	954.31081165		4.03560127	4.37392487		8.40952615	0.00000000	0.00000000	950.27521038

	I-A-P	761118VD7	930.03811572		2.67854716	0.00000000		2.67854716	0.00000000	0.00000000	927.35956856

	I-A-V	761118VE5	887.70024158		0.00000000	0.41300167		0.41300167	0.00000000	0.00005629	870.46725672

	II-A-P	761118VF2	930.80434239		5.74296985	0.00000000		5.74296985	0.00000000	0.00000000	925.06137254

	II-A-V	761118VG0	913.41606062		0.00000000	0.26837724		0.26837724	0.00000000	0.00000000	905.97264044

	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	995.11465788		1.11325577	4.97489530		6.08815107	0.00000000	0.00067805	994.00140211

	I-M-2	761118VM7	995.11465820		1.11325547	4.97489559		6.08815106	0.00000000	0.00067788	994.00140273

	I-M-3	761118VN5	995.11465727		1.11325436	4.97489586		6.08815022	0.00000000	0.00067813	994.00140291

	II-M-1	761118VP0	970.52616898		3.86112999	4.44824451		8.30937449	0.00000000	0.00000000	966.66503899

	II-M-2	761118VQ8	970.52616965		3.86112590	4.44825029		8.30937619	0.00000000	0.00000000	966.66504374

11/28/2006

4:12:17PM

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

November 27, 2006


II-M-3	761118VR6	970.52617164	3.86113816	4.44823494	8.30937310	0.00000000	0.00000000	966.66503348
II-M-3	761118VR6
I-B-1	761118VS4	995.11465664	1.11325443	4.97489603	6.08815046	0.00000000	0.00067712	994.00140222
I-B-1	761118VS4
I-B-2	761118VT2	995.11465894	1.11325602	4.97489420	6.08815022	0.00000000	0.00067646	994.00140291
I-B-2	761118VT2
I-B-3	761118VU9	995.11465793	1.11325545	4.97489382	6.08814927	0.00000000	0.00067645	994.00140248
I-B-3	761118VU9
II-B-1	761118VV7	970.52615970	3.86110266	4.44825095	8.30935361	0.00000000	0.00000000	966.66505703
II-B-1	761118VV7
II-B-2	761118VW5	970.52616633	3.86110548	4.44822515	8.30933063	0.00000000	0.00000000	966.66506085
II-B-2	761118VW5
II-B-3	761118VX3	970.52616185	3.86111448	4.44822010	8.30933458	0.00000000	0.00000000	966.66504737
II-B-3	761118VX3



	Deal Factor :			87.57579751%


	Group I Factor :			87.04672567%


	Group III Factor :			95.40069768%


	Group II Factor :			89.94928253%

11/28/2006

4:12:17PM

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

November 27, 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	10/01/2006		10/31/2006		30/360		65,456,500.00		5.50000000	300,008.96		0.00		0.00			40.88		0.00		299,968.08		0.00

I-A-2	10/25/2006		11/24/2006		30/360		35,485,167.15		5.81999998	172,103.06		0.00		0.00			22.16		0.00		172,080.90		0.00

I-A-4	10/01/2006		10/31/2006		30/360		14,457,800.00		5.50000000	66,264.92		0.00		0.00			9.03		0.00		66,255.89		0.00

I-A-5	10/25/2006		11/24/2006		30/360		12,652,799.61		6.32000019	66,638.08		0.00		0.00			9.08		0.00		66,629.00		0.00

I-A-6	10/25/2006		11/24/2006		30/360		3,450,763.53		2.49333341	7,169.92		0.00		0.00			0.98		0.00		7,168.94		0.00

I-A-7	10/01/2006		10/31/2006		30/360		48,423,920.29	1	6.00000000	242,119.60		0.00		0.00			32.99		0.00		242,086.61		0.00


I-A-8	10/01/2006		10/31/2006		30/360		35,212,061.41		6.00000000	176,060.31		0.00		0.00			23.99		0.00		176,036.32		0.00

I-A-9	10/01/2006		10/31/2006		30/360		138,339,120.00		5.50000000	634,054.30		0.00		0.00			86.40		0.00		633,967.90		0.00

I-A-10	10/25/2006		11/24/2006		30/360		105,672,000.00		5.79300216	510,131.76		0.00		0.00			66.00		0.00		510,065.77		0.00

I-A-12	10/01/2006		10/31/2006		30/360		23,993,435.14		5.50000000	109,969.91		0.00		109,954.93			14.99		0.00		0.00		0.00

I-A-13	10/01/2006		10/31/2006		30/360		1,037,258.01		5.50000000	4,754.10		0.00		4,753.45			0.65		0.00		0.00		0.00

I-A-14	10/25/2006		11/24/2006		30/360		80,000,000.00		5.95328820	396,885.88		0.00		0.00			49.96		0.00		396,835.92		0.00

I-A-16	10/01/2006		10/31/2006		30/360		542,200.00		5.50000000	2,485.08		0.00		0.00			0.34		0.00		2,484.74		0.00

I-A-17	10/25/2006		11/24/2006		30/360		100,000,000.00		5.77468956	481,224.12		0.00		0.00			62.46		0.00		481,161.67		0.00

II-A-1	10/01/2006		10/31/2006		30/360		96,266,535.91		5.50000000	441,221.62		0.00		0.00			0.00		0.00		441,221.62		0.00

II-A-2	10/01/2006		10/31/2006		30/360		3,369,283.53		5.50000000	15,442.55		0.00		0.00			0.00		0.00		15,442.55		0.00

III-A-1	10/01/2006		10/31/2006		30/360		14,379,555.31		5.50000000	65,906.30		0.00		0.00			0.00		0.00		65,906.30		0.00

I-A-V	10/01/2006		10/31/2006		30/360		665,973,902.19	1	0.55837493	309,885.94		0.00		0.00			42.23		0.00		309,843.71		0.00


II-A-V	10/01/2006		10/31/2006		30/360		119,993,126.47	1	0.35258050	35,256.03		0.00		0.00			0.00		0.00		35,256.03		0.00


I-M-1	10/01/2006		10/31/2006		30/360		23,144,177.69		6.00000000	115,720.89		0.00		0.00			15.77		0.00		115,705.12		0.00

I-M-2	10/01/2006		10/31/2006		30/360		7,839,015.72		6.00000000	39,195.08		0.00		0.00			5.34		0.00		39,189.74		0.00

I-M-3	10/01/2006		10/31/2006		30/360		5,972,479.15		6.00000000	29,862.40		0.00		0.00			4.07		0.00		29,858.33		0.00

II-M-1	10/01/2006		10/31/2006		30/360		2,999,217.02		5.50000000	13,746.41		0.00		0.00			0.00		0.00		13,746.41		0.00

II-M-2	10/01/2006		10/31/2006		30/360		510,302.66		5.50000000	2,338.89		0.00		0.00			0.00		0.00		2,338.89		0.00

II-M-3	10/01/2006		10/31/2006		30/360		318,914.90		5.50000000	1,461.69		0.00		0.00			0.00		0.00		1,461.69		0.00

I-B-1	10/01/2006		10/31/2006		30/360		3,732,874.10		6.00000000	18,664.37		0.00		0.00			2.54		0.00		18,661.83		0.00

I-B-2	10/01/2006		10/31/2006		30/360		2,986,239.58		6.00000000	14,931.20		0.00		0.00			2.03		0.00		14,929.16		0.00

I-B-3	10/01/2006		10/31/2006		30/360		2,986,285.81		6.00000000	14,931.43		0.00		0.00			2.03		0.00		14,929.39		0.00

II-B-1	10/01/2006		10/31/2006		30/360		255,248.38		5.50000000	1,169.89		0.00		0.00			0.00		0.00		1,169.89		0.00

II-B-2	10/01/2006		10/31/2006		30/360		191,387.76		5.50000000	877.19		0.00		0.00			0.00		0.00		877.19		0.00

II-B-3	10/01/2006		10/31/2006		30/360		191,392.34		5.50000000	877.21		0.00		0.00			0.00		0.00		877.21		0.00

Deal Totals						781,442,014.71				4,291,359.09		0.00		114,708.38			493.92		0.00		4,176,156.80		0.00



1.Notional Balance

11/28/2006

4:12:17PM

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

November 27, 2006



	Current Index Rates

Index Type		Rate		Classes


USLIB TEL 25 -2BD		5.32000000	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 Advances





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



	Group I	9,077.95		9,077.95			0.00			2	493.92		145,905.82		32,541.18		157,234.52	3,929.62	0.00	0.00

	Group II	1,057.61		1,057.61			0.00			0	0.00		22,312.18		5,307.32		10,537.77	0.00	0.00	0.00

	Group III	26.46		26.46			0.00			0	0.00		3,115.56		915.00		0.00	0.00	0.00	0.00

	Deal Totals	10,162.02		10,162.02			0.00			2	493.92		171,333.56		38,763.50		167,772.29	3,929.62	0.00	0.00

11/28/2006

4:12:17PM

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

November 27, 2006



8. Collateral Summary

A. Loan Count and Balances

								Original Loan Count/ Scheduled Principal Balance							Beginning Loan Count/ Scheduled Principal Balance						Scheduled Principal			Curtailments					Payoffs					Matured Loans		Repurchases			Beginning Aggregate Scheduled Principal Balance of Liquidations/ Charge-offs					Ending Loan Count/Scheduled Principal Balance




			Count								3,458					3,117			N/A						503						53				0			2				0				3,062
		Group I


			Balance/Amount				750,223,860.48							665,973,902.19					423,447.36							54,880.10				12,129,468.97				N/A			320,800.00		0.00						653,045,305.76



			Count								632					595			N/A						152						4				0			0				0				591
		Group II


			Balance/Amount				115,752,469.21							105,033,259.36					419,800.15							152,955.07				341,988.57				N/A			0.00		0.00						104,118,515.57



			Count								147					145			N/A						32						0				0			0				0				145
		Group III


			Balance/Amount				15,614,967.43							14,959,867.11					57,590.90							5,488.34				0.00				N/A			0.00		0.00						14,896,787.87



		Deal Totals	Count							4,237							3,857				N/A				687				57					0		2					0						3,798


			Balance/Amount			881,591,297.12							785,967,028.66							900,838.41					213,323.51				12,471,457.54					N/A		320,800.00				0.00			772,060,609.20




B. Weighted Averages

			Beginning Weighted Average Gross Mortgage Rate	Ending Weighted Average Gross Mortgage Rate					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
			6.86811052	6.86317242					348.39			348.39						6.53033320					6.52546895		6.53122318			N/A					N/A

		Group II
			6.08614652	6.08462940					164.49			164.49						5.76680839					5.76529019		5.76680839			N/A					N/A

		Group III
			6.22255936	6.22266457					165.42			165.42						5.89916087					5.89926310		5.89916087			N/A					N/A

		Deal Totals
			6.75132497	6.74582120					320.06			320.06						6.41628548					6.41087026		6.41703958			N/A					N/A



C. Constant Prepayment Rate

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


	Group-I		20.36%		17.90%							16.95%															16.27%

	Group-III		0.44%		0.47%							2.64%															1.81%

	Group-II		5.53%		10.65%							9.36%															9.14%

11/28/2006

4:12:17PM

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

November 27, 2006



Deal Totals	18.16%	16.66%	15.72%	15.11%



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		2		2
				0


	Group I
		Scheduled Balance		0.00		0.00			0.00		320,800.00			320,800.00


		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		2		2
	Deal Totals


		Scheduled Balance		0.00		0.00			0.00		320,800.00		320,800.00

11/28/2006

4:12:17PM

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

November 27, 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						3,689				746,430,690.95				1			51,544.24								0			0.00				0				0.00							0.00						3,690		746,482,235.19

	30 days					67					15,229,052.04				1			59,574.71								0			0.00				0				0.00							0.00						68		15,288,626.75

	60 days					18					4,364,524.86				0			0.00								0			0.00				0				0.00							0.00						18		4,364,524.86

	90 days					6					1,431,746.83				0			0.00								1			148,582.98				1				198,252.41							198,833.49						8		1,778,582.22

	120 days					1					350,100.00				1			462,000.00								2			286,600.00				1				143,264.13							143,880.90						5		1,241,964.13

	150 days					1					221,708.46				0			0.00								4			1,666,373.44				0				0.00							0.00						5		1,888,081.90

	180 days					0					0.00				0			0.00								1			548,000.00				0				0.00							0.00						1		548,000.00

	181+ days					0					0.00				0			0.00								1			232,000.00				2				236,594.15							236,594.15						3		468,594.15

	Total							3,782			768,027,823.14				3		573,118.95								9			2,881,556.42			4					578,110.69					579,308.54						3,798				772,060,609.20


	Current			97.13%								96.68%			0.03%						0.01%				0.00%				0.00%				0.00%		0.00%							0.00%								97.16%		96.69%

	30 days					1.76%					1.97%				0.03%						0.01%				0.00%				0.00%				0.00%		0.00%							0.00%							1.79%			1.98%

	60 days					0.47%					0.57%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.47%			0.57%

	90 days					0.16%					0.19%				0.00%						0.00%				0.03%				0.02%				0.03%		0.03%							0.03%							0.21%			0.23%

	120 days					0.03%					0.05%				0.03%						0.06%				0.05%				0.04%				0.03%		0.02%							0.02%							0.13%			0.16%

	150 days					0.03%					0.03%				0.00%						0.00%				0.11%				0.22%				0.00%		0.00%							0.00%							0.13%			0.24%

	180 days					0.00%					0.00%				0.00%						0.00%				0.03%				0.07%				0.00%		0.00%							0.00%						0.03%				0.07%

	181+ days					0.00%					0.00%				0.00%					0.00%					0.03%				0.03%				0.05%		0.03%								0.03%						0.08%			0.06%

	Total		99.58%						99.48%					0.08%		0.07%								0.24%				0.37%			0.11%			0.07%						0.07%						100.00%					100.00%

11/28/2006

4:12:17PM

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

November 27, 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						2,960						628,548,371.71		1		51,544.24					0			0.00				0		0.00			0.00					2,961			628,599,915.95

30 days					62					14,505,352.35			1			59,574.71					0			0.00				0		0.00			0.00					63			14,564,927.06

60 days					16					3,955,240.35			0			0.00					0			0.00				0		0.00			0.00					16			3,955,240.35

90 days					6					1,431,746.83			0			0.00					1			148,582.98				1		198,252.41			198,833.49					8			1,778,582.22

120 days					1					350,100.00			1			462,000.00					2			286,600.00				1		143,264.13			143,880.90					5			1,241,964.13

150 days					1					221,708.46			0			0.00					4			1,666,373.44				0		0.00			0.00					5			1,888,081.90

180 days					0					0.00			0			0.00					1			548,000.00				0		0.00			0.00					1			548,000.00

181+ days					0					0.00			0			0.00					1			232,000.00				2		236,594.15			236,594.15					3			468,594.15

Total					3,046					649,012,519.70			3			573,118.95				9				2,881,556.42				4		578,110.69				579,308.54				3,062			653,045,305.76


Current				96.67%				96.25%						0.03%		0.01%				0.00%				0.00%				0.00%		0.00%				0.00%				96.70%			96.26%

30 days				2.02%							2.22%		0.03%			0.01%				0.00%				0.00%				0.00%		0.00%				0.00%				2.06%				2.23%

60 days				0.52%							0.61%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.52%		0.61%

90 days				0.20%							0.22%		0.00%			0.00%				0.03%				0.02%				0.03%		0.03%				0.03%				0.26%		0.27%

120 days				0.03%							0.05%		0.03%			0.07%				0.07%				0.04%				0.03%		0.02%				0.02%				0.16%		0.19%

150 days				0.03%							0.03%		0.00%			0.00%				0.13%				0.26%				0.00%		0.00%				0.00%				0.16%		0.29%

180 days				0.00%							0.00%		0.00%			0.00%				0.03%				0.08%				0.00%		0.00%				0.00%				0.03%		0.08%

181+ days				0.00%							0.00%		0.00%			0.00%				0.03%				0.04%				0.07%		0.04%				0.04%				0.10%		0.07%

Total		99.48%							99.38%				0.10%		0.09%				0.29%				0.44%			0.13%			0.09%			0.09%					100.00%		100.00%

11/28/2006

4:12:17PM

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

November 27, 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						584						102,985,531.37		0		0.00					0			0.00				0		0.00			0.00					584			102,985,531.37

30 days					5					723,699.69			0			0.00					0			0.00				0		0.00			0.00					5			723,699.69

60 days					2					409,284.51			0			0.00					0			0.00				0		0.00			0.00					2			409,284.51

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					591					104,118,515.57			0			0.00				0				0.00				0		0.00				0.00				591			104,118,515.57


Current				98.82%				98.91%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				98.82%			98.91%

30 days				0.85%							0.70%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.85%				0.70%

60 days				0.34%							0.39%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.34%		0.39%

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%

11/28/2006

4:12:17PM

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

November 27, 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						145						14,896,787.87		0		0.00					0			0.00				0		0.00			0.00					145			14,896,787.87

30 days					0					0.00			0			0.00					0			0.00				0		0.00			0.00					0			0.00

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					145					14,896,787.87			0			0.00				0				0.00				0		0.00				0.00				145			14,896,787.87


Current				100.00%				100.00%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				100.00%			100.00%

30 days				0.00%							0.00%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.00%				0.00%

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%

11/28/2006

4:12:17PM

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

November 27, 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

			68	15,288,626.75			0		0.00			0		0.00			0		0.00			0		0.00
	1 Month				13 Months					25 Months					37 Months					49 Months


			1.79%	1.98%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			18	4,364,524.86			0		0.00			0		0.00			0		0.00			0		0.00
	2 Months				14 Months					26 Months					38 Months					50 Months


			0.47%	0.57%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			8	1,778,582.22			0		0.00			0		0.00			0		0.00			0		0.00
	3 Months				15 Months					27 Months					39 Months					51 Months


			0.21%	0.23%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			5	1,241,964.13			0		0.00			0		0.00			0		0.00			0		0.00
	4 Months				16 Months					28 Months					40 Months					52 Months


			0.13%	0.16%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			5	1,888,081.90			0		0.00			0		0.00			0		0.00			0		0.00
	5 Months				17 Months					29 Months					41 Months					53 Months


			0.13%	0.24%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			1	548,000.00			0		0.00			0		0.00			0		0.00			0		0.00
	6 Months				18 Months					30 Months					42 Months					54 Months


			0.03%	0.07%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%

			3	468,594.15			0		0.00			0		0.00			0		0.00			0		0.00
	7 Months				19 Months					31 Months					43 Months					55 Months


			0.08%	0.06%			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%

11/28/2006

4:12:17PM

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

November 27, 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

11/28/2006

4:12:17PM

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

November 27, 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

11/28/2006

4:12:17PM

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

November 27, 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

11/28/2006

4:12:17PM

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Page 17 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

November 27, 2006



D. Default Percentages

	Default Loss Percentage		1 Month	3 Months		6 Months	12 Months		Life of Deal

	Group	Monthly Default Rate	0.00%	0.00%	0.00%			0.00%

	I	Constant Default Rate	0.00%	0.00%	0.00%			0.00%



	Group	Monthly Default Rate	0.00%	0.00%	0.00%			0.00%

	III	Constant Default Rate	0.00%	0.00%	0.00%			0.00%



	Group	Monthly Default Rate	0.00%	0.00%	0.00%			0.00%

	II	Constant Default Rate	0.00%	0.00%	0.00%			0.00%



		Monthly Default Rate	0.00%	0.00%	0.00%			0.00%

	Deal Totals	Constant Default Rate	0.00%	0.00%	0.00%			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

11/28/2006

4:12:17PM

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Page 18 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

November 27, 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			10,093.56		9,462.71				0.00		630.85



	CLASS I-A-10 RESERVE		Bank Of New York				0.00			0.00			25,801.76		25,801.76				0.00		0.00



	CLASS I-A-17 RESERVE		Bank Of New York				0.00			0.00			22,890.79		22,890.79				0.00		0.00



	CLASS I-A-14 RESERVE		Bank Of New York				0.00			0.00			30,219.21		30,219.21				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			10,093.56						0.00



	CLASS I-A-17 Yield Maintenance Agreement				Bank Of New York				04/25/2015			22,890.79						0.00



	CLASS I-A-14 Yield Maintenance Agreement				Bank Of New York				03/25/2013			30,219.21						0.00



	CLASS I-A-10 Yield Maintenance Agreement				Bank Of New York				04/25/2015			25,801.76						0.00

11/28/2006

4:12:17PM

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

November 27, 2006



15. Distribution Percentages


		Beginning Current Super		Beginning Current	Beginning Current		Beginning Current Senior

	I	0.00000000%		0.00000000%	92.96170816%	100.00000000%



	III	0.00000000%		0.00000000%	96.42578679%	100.00000000%



	II	0.00000000%		0.00000000%	96.20210118%	100.00000000%



		Ending Percentage

	I-M-1		3.12885935%

	I-M-2		1.05975585%

	I-M-3		0.80741893%

	II-M-1		0.40430310%

	II-M-2		0.06879027%

	II-M-3		0.04299065%

	Class M Total:		5.51211815%


	I-B-1		0.50464692%

	I-B-2		0.40370947%

	I-B-3		0.40371572%

	II-B-1		0.03440822%

	II-B-2		0.02579962%

	II-B-3		0.02580024%

	Class B Total:		1.39808019%

11/28/2006

4:12:17PM

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

November 27, 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 Test

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 Test

True

False

60+ Delinq Balance OR Aggregate Loss Test

1st or 2nd Sr. Accel Stepdown Test

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

11/28/2006

4:12:17PM

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Page 21 of 22

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS2

November 27, 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.

11/28/2006

4:12:17PM

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Page 22 of 22



	Statement To Certificateholder



	Residential Accredit Loans Inc., 2006-QS2

	November 27, 2006



	Cash Flow Received and Uses of Funds


	Cash Flow Received		Amount

	Principal and Interest Payments		17,816,711.63
	Prepayment Premium		0.00
	Liquidation and Insurance Proceeds		0.00
	Subsequent Recoveries		0.00
	Repurchase Proceeds		320,800.00
	Other Deposits/Adjustments (including Derivative Payment)		98,536.50
	Total Deposits		18,236,048.13

	Uses of Funds		Amount

	Transfer to Certificate Account		18,197,284.62
	Reimbursed Advances and Expenses		0.00
	Master Servicing Compensation		38,763.50
	Derivative Payment/ Reserve Draw		NA
	Total Withdrawals		18,236,048.12

	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