Statement to Certificateholder

Distribution Information

Deal Information

1. Distribution Summary

Deal Name:

Residential Asset Mtge Products, 2006-NC2

2. Factor Summary

Asset Type:

Mortgage Asset-Backed Pass-Through Certificates

3. Components Information

(Not Applicable)

Closing Date:

03/02/2006

4. Interest Summary

First Distribution Date:

03/25/2006

5. Other Income Detail

Determination Date:

06/20/2006

6. Interest Shortfalls, Compensation and Expenses

Distribution Date:

06/26/2006

Record Date:

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

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:

Howard Levine

12. Loss Mitigation and Servicing Modifications

Telephone:

818-260-1493

13. Losses and Recoveries

Pool(s) :

40307,40308,40309,40310

14. Credit Enhancement Report

15. Distribution Percentages

(Not Applicable)

16. Overcollateralization Summary

17. Excess Cash Flow, Overcollateralization
Provisions and Derivative Amounts

18. Performance Tests

19. Lender Paid Mortgage Insurance

(Not Applicable)

20. Comments

06/27/2006

1:50:58PM

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

Page 1 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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)

A-1				75156TAA8	289,088,000.00			262,825,657.57				5.16125000				13,678,767.47		1,205,785.71			14,884,553.18				0.00	0.00				0.00			249,146,890.10


A-2				75156TAB6	279,261,000.00			279,261,000.00				5.27125000				0.00		1,308,492.93			1,308,492.93				0.00	0.00				0.00			279,261,000.00


A-3				75156TAC4	43,831,000.00			43,831,000.00				5.37125000				0.00		209,268.67			209,268.67				0.00	0.00				0.00			43,831,000.00


M-1				75156TAD2	26,220,000.00			26,220,000.00				5.44125000				0.00		126,817.40			126,817.40				0.00	0.00				0.00			26,220,000.00


M-2				75156TAE0	23,180,000.00			23,180,000.00				5.46125000				0.00		112,526.02			112,526.02				0.00	0.00				0.00			23,180,000.00


M-3				75156TAF7	14,820,000.00			14,820,000.00				5.48125000				0.00		72,206.33			72,206.33				0.00	0.00				0.00			14,820,000.00


M-4				75156TAG5	12,540,000.00			12,540,000.00				5.58125000				0.00		62,212.33			62,212.33				0.00	0.00				0.00			12,540,000.00


M-5				75156TAH3	12,920,000.00			12,920,000.00				5.60125000				0.00		64,327.24			64,327.24				0.00	0.00				0.00			12,920,000.00


M-6				75156TAJ9	11,020,000.00			11,020,000.00				5.68125000				0.00		55,651.00			55,651.00				0.00	0.00				0.00			11,020,000.00


M-7				75156TAK6	9,500,000.00			9,500,000.00				6.33125000				0.00		53,463.89			53,463.89				0.00	0.00				0.00			9,500,000.00


M-8				75156TAL4	7,600,000.00			7,600,000.00				6.48125000				0.00		43,784.44			43,784.44				0.00	0.00				0.00			7,600,000.00


M-9				75156TAM2	7,600,000.00			7,600,000.00				7.00094133				0.00		50,877.78			50,877.78				0.00	0.00				0.00			7,600,000.00


B-1				75156TAN0	7,600,000.00			7,600,000.00				7.00094133				0.00		51,215.56			51,215.56				0.00	0.00				0.00			7,600,000.00


SB				75156TAP5	14,821,319.83			14,820,025.74				0.00000000				0.00		1,639,798.68			1,639,798.68				0.00	0.00				0.00			14,820,025.74


R-I					0.00			0.00				0.00000000				0.00		0.00			0.00				0.00	0.00				0.00			0.00


R-II					0.00			0.00				0.00000000				0.00		0.00			0.00				0.00	0.00				0.00			0.00


			Deal Totals			760,001,319.83		733,737,683.31						13,678,767.47				5,056,427.98			18,735,195.45			0.00			0.00			0.00			720,058,915.84

06/27/2006

1:50:58PM

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

Page 2 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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




	A-1			75156TAA8	909.15450510		47.31696739	4.17099883	51.48796622	0.00000000	0.00000000	861.83753770

	A-2			75156TAB6	1,000.00000000		0.00000000	4.68555556	4.68555556	0.00000000	0.00000000	1,000.00000000

	A-3			75156TAC4	1,000.00000000		0.00000000	4.77444434	4.77444434	0.00000000	0.00000000	1,000.00000000

	M-1			75156TAD2	1,000.00000000		0.00000000	4.83666667	4.83666667	0.00000000	0.00000000	1,000.00000000

	M-2			75156TAE0	1,000.00000000		0.00000000	4.85444435	4.85444435	0.00000000	0.00000000	1,000.00000000

	M-3			75156TAF7	1,000.00000000		0.00000000	4.87222200	4.87222200	0.00000000	0.00000000	1,000.00000000

	M-4			75156TAG5	1,000.00000000		0.00000000	4.96111085	4.96111085	0.00000000	0.00000000	1,000.00000000

	M-5			75156TAH3	1,000.00000000		0.00000000	4.97888854	4.97888854	0.00000000	0.00000000	1,000.00000000

	M-6			75156TAJ9	1,000.00000000		0.00000000	5.05000000	5.05000000	0.00000000	0.00000000	1,000.00000000

	M-7			75156TAK6	1,000.00000000		0.00000000	5.62777789	5.62777789	0.00000000	0.00000000	1,000.00000000

	M-8			75156TAL4	1,000.00000000		0.00000000	5.76111053	5.76111053	0.00000000	0.00000000	1,000.00000000

	M-9			75156TAM2	1,000.00000000		0.00000000	6.69444474	6.69444474	0.00000000	0.00000000	1,000.00000000

	B-1			75156TAN0	1,000.00000000		0.00000000	6.73888947	6.73888947	0.00000000	0.00000000	1,000.00000000

	SB		1	75156TAP5

	R-I				0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	R-II				0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	1	Factors not reported for OC Classes



	Deal Factor :			94.74442965%


	Group I Factor :			98.08137711%


	Group II Factor :			94.80318582%


	Group III Factor :			91.18601252%


	Group IV Factor :			91.98577171%

06/27/2006

1:50:58PM

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

Page 3 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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)
A-1	05/25/2006		06/25/2006		Actual/360		262,825,657.57	5.16125000	1,205,785.71		0.00		0.00			0.00		0.00		1,205,785.71		0.00	0.00

A-2	05/25/2006		06/25/2006		Actual/360		279,261,000.00	5.27125000	1,308,492.93		0.00		0.00			0.00		0.00		1,308,492.93		0.00	0.00

A-3	05/25/2006		06/25/2006		Actual/360		43,831,000.00	5.37125000	209,268.67		0.00		0.00			0.00		0.00		209,268.67		0.00	0.00

M-1	05/25/2006		06/25/2006		Actual/360		26,220,000.00	5.44125000	126,817.40		0.00		0.00			0.00		0.00		126,817.40		0.00	0.00

M-2	05/25/2006		06/25/2006		Actual/360		23,180,000.00	5.46125000	112,526.02		0.00		0.00			0.00		0.00		112,526.02		0.00	0.00

M-3	05/25/2006		06/25/2006		Actual/360		14,820,000.00	5.48125000	72,206.33		0.00		0.00			0.00		0.00		72,206.33		0.00	0.00

M-4	05/25/2006		06/25/2006		Actual/360		12,540,000.00	5.58125000	62,212.33		0.00		0.00			0.00		0.00		62,212.33		0.00	0.00

M-5	05/25/2006		06/25/2006		Actual/360		12,920,000.00	5.60125000	64,327.24		0.00		0.00			0.00		0.00		64,327.24		0.00	0.00

M-6	05/25/2006		06/25/2006		Actual/360		11,020,000.00	5.68125000	55,651.00		0.00		0.00			0.00		0.00		55,651.00		0.00	0.00

M-7	05/25/2006		06/25/2006		Actual/360		9,500,000.00	6.33125000	53,463.89		0.00		0.00			0.00		0.00		53,463.89		0.00	0.00

M-8	05/25/2006		06/25/2006		Actual/360		7,600,000.00	6.48125000	43,784.44		0.00		0.00			0.00		0.00		43,784.44		0.00	0.00

M-9	05/25/2006		06/25/2006		Actual/360		7,600,000.00	7.00094133	50,877.78		0.00		0.00			0.00		0.00		50,877.78		0.00	0.00

B-1	05/25/2006		06/25/2006		Actual/360		7,600,000.00	7.00094133	51,215.56		0.00		0.00			0.00		0.00		51,215.56		0.00	0.00

SB	05/01/2006		05/31/2006		30/360		14,820,025.74	0.00000000	0.00		0.00		0.00			0.00		1,639,798.68		1,639,798.68		0.00	0.00

Deal Totals						733,737,683.31			3,416,629.30		0.00		0.00			0.00		1,639,798.68		5,056,427.98		0.00



	Current Index Rates

Index Type		Rate		Classes


USLIB TEL 25 -2BD		5.08125000	A-1, A-2, A-3, M-2, M-4, M-6, M-8, B-1, M-9, M-7, M-5, M-3, M-1

5. Other Income Detail

Class

Prepayment Charges

Remaining Excess Cash Flow
and OC Release Amount

Other Income Distributiion

(1)

(2)

(1) + (2) = (3)

182,798.13

1,457,000.55

1,639,798.68

Deal Totals

182,798.13

1,457,000.55

1,639,798.68

06/27/2006

1:50:58PM

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

Page 4 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006


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	1,617.90		1,617.90			0.00			0	0.00		40,329.91		4,574.83		19,621.67	0.00	0.00	0.00

	Group II	23,016.90		23,016.90			0.00			0	0.00		139,750.96		0.00		170,338.06	0.00	0.00	0.00

	Group III	951.59		951.59			0.00			0	0.00		6,937.20		0.00		2,847.42	0.00	0.00	0.00

	Group IV	19,914.49		19,914.49			0.00			0	0.00		65,052.13		0.00		124,770.09	0.00	0.00	0.00

	Deal Totals	45,500.88		45,500.88			0.00			0	0.00		252,070.20		4,574.83		317,577.24	0.00	0.00	0.00

06/27/2006

1:50:58PM

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

Page 5 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006



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

(A) Prepayment Interest Shortfall Amounts														(B) Basis Risk/Net WAC Shortfall Amounts

Class			Current		Prior Unpaid		Prior Unpaid Accrued Interest		Total Paid		Remaining Unpaid (1)+(2)+(3)-(4)=(5)		Current Period Uncompensated			Prior Unpaid		Prior Unpaid Accrued Interest		Total Paid		Remaining Unpaid (1)+(2)+(3)-(4)=(5)




			(1)		(2)		(3)		(4)		(5)		(1)			(2)		(3)		(4)		(5)

	A-1		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	A-2		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	A-3		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-1		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-2		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-3		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-4		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-5		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-6		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-7		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-8		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	M-9		0.00		0.00		0.00		0.00		0.00		3,582.53			0.00		0.00		3,582.53		0.00

	B-1		0.00		0.00		0.00		0.00		0.00		3,920.31			0.00		0.00		3,920.31		0.00

	SB		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	R-I		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	R-II		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00


	Deal Totals	0.00		0.00		0.00		0.00		0.00		7,502.84			0.00		0.00		7,502.84		0.00

06/27/2006

1:50:58PM

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

Page 6 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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
					1,061		150,122,825.24				1,050		148,239,605.27			140					5,450.96			8		874,571.32			0	0.00		0			0.00		1,042		147,242,534.35

Group II
					1,905		424,402,196.59				1,851		409,847,189.87			214					12,176.19			28		7,326,994.32			0	0.00		0			0.00		1,823		402,346,803.07

Group III
					111		17,783,558.04				109		16,784,742.55			17					-332.42			1		556,915.75			0	0.00		0			0.00		108		16,216,117.46

Group IV
					756		167,692,739.96				732		158,866,145.62			65					2,845.46			18		4,546,527.98			0	0.00		0			0.00		714		154,253,460.96


	Deal Totals			3,833		760,001,319.83						3,742	733,737,683.31					436				20,140.19	55			13,305,009.37			0	0.00	0				0.00			3,687	720,058,915.84



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
			7.78158246						7.77757618		359.27				346.34		7.40460646			7.40063453			7.40460646				N/A		N/A

		Group II
			7.69191920						7.68465809		383.37				354.32		7.22918070			7.22203944			7.22918070				N/A		N/A

		Group III
			8.21677759						8.19091445		372.42				342.34		7.66677759			7.64091445			7.66677759				N/A		N/A

		Group IV
			8.67064277						8.65030867		397.23				354.33		8.12074348			8.10041240			8.12074348				N/A		N/A

		Deal Totals
			7.93395024						7.92192472		381.16				352.42		7.46767075			7.45616110			7.46767075				N/A		N/A



C. Constant Prepayment Rate

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


	Group-I		6.90%							6.24%															4.76%

	Group-II		19.50%							17.48%															14.39%

	Group-III		33.30%							30.06%															23.54%

06/27/2006

1:50:58PM

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

Page 7 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006



Group-IV	29.45%	26.87%	21.80%

Deal Totals	19.75%	17.84%	14.46%



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


	Group IV
		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

06/27/2006

1:50:58PM

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

Page 8 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006


10. Loan Status Report
													Delinquency Calculation Method: Office of Thrift Supervision

					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						3,479				674,629,123.97				4			467,968.98								0			0.00				0				0.00							0.00						3,483		675,097,092.95

	30 days					92					20,428,630.73				0			0.00								0			0.00				0				0.00							0.00						92		20,428,630.73

	60 days					54					11,903,496.67				0			0.00								0			0.00				0				0.00							0.00						54		11,903,496.67

	90 days					54					11,748,629.30				0			0.00								0			0.00				0				0.00							0.00						54		11,748,629.30

	120 days					4					881,066.19				0			0.00								0			0.00				0				0.00							0.00						4		881,066.19

	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							3,683			719,590,946.86				4		467,968.98								0			0.00			0					0.00					0.00						3,687				720,058,915.84


	Current			94.36%								93.69%			0.11%						0.06%				0.00%				0.00%				0.00%		0.00%							0.00%								94.47%		93.76%

	30 days					2.50%					2.84%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							2.50%			2.84%

	60 days					1.46%					1.65%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							1.46%			1.65%

	90 days					1.46%					1.63%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							1.46%			1.63%

	120 days					0.11%					0.12%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.11%			0.12%

	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		99.89%						99.94%					0.11%		0.06%								0.00%				0.00%			0.00%			0.00%						0.00%						100.00%					100.00%

06/27/2006

1:50:58PM

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

Page 9 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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						1,012						144,495,061.09		2		272,152.95					0			0.00				0		0.00			0.00					1,014			144,767,214.04

30 days					12					1,396,430.40			0			0.00					0			0.00				0		0.00			0.00					12			1,396,430.40

60 days					9					542,439.32			0			0.00					0			0.00				0		0.00			0.00					9			542,439.32

90 days					7					536,450.59			0			0.00					0			0.00				0		0.00			0.00					7			536,450.59

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					1,040					146,970,381.40			2			272,152.95				0				0.00				0		0.00				0.00				1,042			147,242,534.35


Current				97.12%				98.13%						0.19%		0.18%				0.00%				0.00%				0.00%		0.00%				0.00%				97.31%			98.32%

30 days				1.15%							0.95%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.15%				0.95%

60 days				0.86%							0.37%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.86%		0.37%

90 days				0.67%							0.36%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.67%		0.36%

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		99.81%							99.82%				0.19%		0.18%				0.00%				0.00%			0.00%			0.00%			0.00%					100.00%		100.00%

06/27/2006

1:50:58PM

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

Page 10 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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						1,727						377,076,197.77		0		0.00					0			0.00				0		0.00			0.00					1,727			377,076,197.77

30 days					45					11,476,842.60			0			0.00					0			0.00				0		0.00			0.00					45			11,476,842.60

60 days					29					8,010,947.61			0			0.00					0			0.00				0		0.00			0.00					29			8,010,947.61

90 days					20					5,135,106.00			0			0.00					0			0.00				0		0.00			0.00					20			5,135,106.00

120 days					2					647,709.09			0			0.00					0			0.00				0		0.00			0.00					2			647,709.09

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					1,823					402,346,803.07			0			0.00				0				0.00				0		0.00				0.00				1,823			402,346,803.07


Current				94.73%				93.72%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				94.73%			93.72%

30 days				2.47%							2.85%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				2.47%				2.85%

60 days				1.59%							1.99%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.59%		1.99%

90 days				1.10%							1.28%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.10%		1.28%

120 days				0.11%							0.16%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.11%		0.16%

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%

06/27/2006

1:50:58PM

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

Page 11 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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						104						15,825,542.36		0		0.00					0			0.00				0		0.00			0.00					104			15,825,542.36

30 days					2					190,318.96			0			0.00					0			0.00				0		0.00			0.00					2			190,318.96

60 days					1					119,840.25			0			0.00					0			0.00				0		0.00			0.00					1			119,840.25

90 days					1					80,415.89			0			0.00					0			0.00				0		0.00			0.00					1			80,415.89

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					108					16,216,117.46			0			0.00				0				0.00				0		0.00				0.00				108			16,216,117.46


Current				96.30%				97.59%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				96.30%			97.59%

30 days				1.85%							1.17%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.85%				1.17%

60 days				0.93%							0.74%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.93%		0.74%

90 days				0.93%							0.50%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.93%		0.50%

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%

06/27/2006

1:50:58PM

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

Page 12 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006



			Current / Delinquent											Bankruptcy						Foreclosure					REO											Total
Group IV

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


Current						636						137,232,322.75		2		195,816.03					0			0.00				0		0.00			0.00					638			137,428,138.78

30 days					33					7,365,038.77			0			0.00					0			0.00				0		0.00			0.00					33			7,365,038.77

60 days					15					3,230,269.49			0			0.00					0			0.00				0		0.00			0.00					15			3,230,269.49

90 days					26					5,996,656.82			0			0.00					0			0.00				0		0.00			0.00					26			5,996,656.82

120 days					2					233,357.10			0			0.00					0			0.00				0		0.00			0.00					2			233,357.10

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					712					154,057,644.93			2			195,816.03				0				0.00				0		0.00				0.00				714			154,253,460.96


Current				89.08%				88.97%						0.28%		0.13%				0.00%				0.00%				0.00%		0.00%				0.00%				89.36%			89.09%

30 days				4.62%							4.77%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				4.62%				4.77%

60 days				2.10%							2.09%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				2.10%		2.09%

90 days				3.64%							3.89%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				3.64%		3.89%

120 days				0.28%							0.15%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.28%		0.15%

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		99.72%							99.87%				0.28%		0.13%				0.00%				0.00%			0.00%			0.00%			0.00%					100.00%		100.00%

06/27/2006

1:50:58PM

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

Page 13 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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

			92	20,428,630.73			0		0.00			0		0.00			0		0.00			0		0.00
	1 Month				13 Months					25 Months					37 Months					49 Months


			2.50%	2.84%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			54	11,903,496.67			0		0.00			0		0.00			0		0.00			0		0.00
	2 Months				14 Months					26 Months					38 Months					50 Months


			1.46%	1.65%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			54	11,748,629.30			0		0.00			0		0.00			0		0.00			0		0.00
	3 Months				15 Months					27 Months					39 Months					51 Months


			1.46%	1.63%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			4	881,066.19			0		0.00			0		0.00			0		0.00			0		0.00
	4 Months				16 Months					28 Months					40 Months					52 Months


			0.11%	0.12%			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%

06/27/2006

1:50:58PM

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

Page 14 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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



Group IV		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

06/27/2006

1:50:58PM

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Page 15 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006



				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



Group	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

06/27/2006

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Page 16 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

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


	Group	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

06/27/2006

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Page 17 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006



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



	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



	Group	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%

06/27/2006

1:50:58PM

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Page 18 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006

Subsequent Recoveries Count

Group

Subsequent Recoveries

0.00

Net Loss 1

0.00

Net Loss % 2

0.00%

Subsequent Recoveries Count

Subsequent Recoveries

0.00

Deal
Totals

Net Loss 1

0.00

Net Loss % 2

0.00%

1 Total Realized Loss less Subsequent Recoveries

2 Net Loss % of Original Balance



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%

	I	Constant Default Rate	0.00%	0.00%			0.00%



	Group	Monthly Default Rate	0.00%	0.00%			0.00%

	II	Constant Default Rate	0.00%	0.00%			0.00%



	Group	Monthly Default Rate	0.00%	0.00%			0.00%

	III	Constant Default Rate	0.00%	0.00%			0.00%



	Group	Monthly Default Rate	0.00%	0.00%			0.00%

	IV	Constant Default Rate	0.00%	0.00%			0.00%



		Monthly Default Rate	0.00%	0.00%			0.00%

	Deal Totals	Constant Default Rate	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

06/27/2006

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Page 19 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006

14. Credit Enhancement Report

Hedge Agreements

Description

Provider

Termination
Date

Amount Received From Provider

Amount Paid to Provider

Yield Maintenance Agreement

Deutsche Bank

01/25/2011

307,537.00

0.00



16. Overcollateralization Summary

		Prior Required Overcollateralization Amount	Beginning Overcollateralization Amount	Overcollateralization Increase/(Reduction) Amount		Ending Overcollateralization Amount		Current Required Overcollateralization Amount
	Deal Total
		14,820,025.74	14,820,025.74		0.00		14,820,025.74	14,820,025.74

06/27/2006

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Page 20 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006



17. Excess Cashflow, Overcollateralization and Derivative Amounts

	Excess Cashflow and Derivative Summary

	(1)	Scheduled Unmodified Net Interest	4,566,092.87


	(2)	Interest Losses	0.00


	(3)	Subsequent Recoveries	0.00


	(4)	Interest Adjustment Amount	0.00


	(5)	Yield Maintenance	307,537.00


	(6)	Certificate Interest Amount	3,409,126.48


	(7)	OC Reduction Amount	0.00


	(8)	Excess Cashflow Prior to OC Provisions and Derivative Amounts Available	1,464,503.38


	Overcollateralization and Derivative Amounts

		Excess Cashflow Prior to OC Provisions and Derivative Amounts Available	1,464,503.38


	(1)	Unreimbursed Principal Portion of Realized Losses	0.00


	(2)	Principal Portion of Realized Losses	0.00


	(3)	Overcollateralization Increase	0.00


	(4)	Prepayment Interest Shortfall	0.00


	(5)	Unpaid PPIS With Accrued Interest	0.00


	(6)	Basis Risk Shortfall Carry-Forward Amount	7,502.84


	(7)	Relief Act Shortfall	0.00


	(8)	Unreimbursed Realized Losses	0.00


	(9)	To Class SB Certificates	1,457,000.55

06/27/2006

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Page 21 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006


18. Performance Tests


	Senior Balance Test

		Senior Certificate Beginning Balance - Actual Value	585,917,657.57

		Zero Balance	0.00

		Senior Certificate Beginning Balance = 0.00	False

	Current Distribution Date >= Target Distribution

		Current Distribution Period	4

		StepDownTarget Distribution Period	37

		Current Distribution Date >= Target Distribution Date	False

	Stepdown Date - Senior Enhancement Test

		Current Senior Enhancement Percent - Actual value	20.52887900%

		Specified Senior Enhancement Percent - Target value	38.90000000%

		Senior Enhance Pct >= Specified Senior Enhance Pct (Actual End Balance <= Target End Balance)	False

	StepDown Date and Senior Enhancement pass

		Current Distribution Date >= Target Distribution Date	False

		Senior Enhance Pct >= Specified Senior Enhance Pct (Actual End Balance <= Target End Balance)	False

		After StepDown Date and Senior Enh Percent >= Target Percent	False

	StepDown Date has occured

		Senior Certificate Beginning Balance = 0.00	False

		After StepDown Date and Senior Enh Percent >= Target Percent	False

		Stepdown Date has occurred	False

	Sixty-Plus Delinquency Percentage >= Target %

		3-Month Average Sixty-Plus Delinquency Percentage - Actual Value	1.82228900%

		Senior Enhancement Delinquency Percentage - Target Value	8.41684100%

		Sixty-Plus Delinquency Percentage >= Senior Enhancement Delinquency Percentage Target	False

06/27/2006

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Page 22 of 23

Statement to Certificateholder

Residential Asset Mtge Products, 2006-NC2

June 26, 2006



Trigger Event clause (b) - Realized Loss Test

	Aggregate Realized Loss Percentage - Actual Value	0.00000000%

	Scheduled Loss Target Percent	9.99000000%

	Aggregate Realized Loss Percentage >= Scheduled Loss Percent	False

Trigger Event is in effect?

	Sixty-Plus Delinquency Percentage >= Senior Enhancement Delinquency Percentage Target	False

	Aggregate Realized Loss Percentage >= Scheduled Loss Percent	False

	Trigger Event is in effect	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.

06/27/2006

1:50:58PM

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Page 23 of 23



	Statement To Certificateholder



	Residential Asset Mortgage Products., 2006-NC2

	June 26, 2006



	Cash Flow Received and Uses of Funds


	Cash Flow Received		Amount

	Principal and Interest Payments		18,203,934.29
	Prepayment Premium		182,798.13
	Liquidation and Insurance Proceeds		0.00
	Subsequent Recoveries		0.00
	Repurchase Proceeds		0.00
	Other Deposits/Adjustments (including Derivative Payment)		353,037.88
	Total Deposits		18,739,770.30

	Uses of Funds		Amount

	Transfer to Certificate Account		18,735,195.47
	Reimbursed Advances and Expenses		0.00
	Master Servicing Compensation		4,574.83
	Derivative Payment		N/A
	Total Withdrawals		18,739,770.30

	Ending Balance		0.00



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

RAMP Series 2006-NC2 Trust 10-D