Statement to Certificateholder

Distribution Information

Deal Information

1. Distribution Summary

Deal Name:

Residential Asset Securities Corp, 2006-EMX3

2. Factor Summary

Asset Type:

Home Equity Mortgage Asset Backed Pass-Through
Certificates

3. Components Information

(Not Applicable)

Closing Date:

04/21/2006

4. Interest Summary

First Distribution Date:

05/25/2006

5. Other Income Detail

Determination Date:

05/22/2006

6. Interest Shortfalls, Compensation and Expenses

Distribution Date:

05/25/2006

Record Date:

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

Book-Entry:

05/24/2006

8. Collateral Summary

Definitive:

04/28/2006

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:

Perry Bons

12. Loss Mitigation and Servicing Modifications

Telephone:

818-260-1441

13. Losses and Recoveries

Pool(s) :

40324,40323

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

05/24/2006

3:26:52PM

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

Page 1 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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				76113ABY6	310,000,000.00			310,000,000.00				4.98938000				4,697,099.31		1,460,779.59			6,157,878.90				0.00	0.00				0.00			305,302,900.69


A-2				76113ABZ3	278,250,000.00			278,250,000.00				5.10938000				0.00		1,342,702.49			1,342,702.49				0.00	0.00				0.00			278,250,000.00


A-3				76113ACA7	29,750,000.00			29,750,000.00				5.20938000				0.00		146,369.11			146,369.11				0.00	0.00				0.00			29,750,000.00


M-1				76113ACB5	31,200,000.00			31,200,000.00				5.25938000				0.00		154,976.40			154,976.40				0.00	0.00				0.00			31,200,000.00


M-2				76113ACC3	28,800,000.00			28,800,000.00				5.27938000				0.00		143,599.14			143,599.14				0.00	0.00				0.00			28,800,000.00


M-3				76113ACD1	16,800,000.00			16,800,000.00				5.29938000				0.00		84,083.50			84,083.50				0.00	0.00				0.00			16,800,000.00


M-4				76113ACE9	15,200,000.00			15,200,000.00				5.37938000				0.00		77,223.99			77,223.99				0.00	0.00				0.00			15,200,000.00


M-5				76113ACF6	14,400,000.00			14,400,000.00				5.41938000				0.00		73,703.57			73,703.57				0.00	0.00				0.00			14,400,000.00


M-6				76113ACG4	13,600,000.00			13,600,000.00				5.47938000				0.00		70,379.59			70,379.59				0.00	0.00				0.00			13,600,000.00


M-7				76113ACH2	13,200,000.00			13,200,000.00				5.97938000				0.00		74,542.94			74,542.94				0.00	0.00				0.00			13,200,000.00


M-8				76113ACJ8	12,000,000.00			12,000,000.00				6.12938000				0.00		69,466.31			69,466.31				0.00	0.00				0.00			12,000,000.00


M-9				76113ACK5	10,400,000.00			10,400,000.00				6.83334604				0.00		69,044.13			69,044.13				0.00	0.00				0.00			10,400,000.00


SB				76113ACL3	26,400,022.44			26,400,022.44				0.00000000				21.70		1,454,098.76			1,454,120.46				0.00	0.00				0.00			26,400,000.74


R					0.00			0.00				0.00000000				0.00		0.00			0.00				0.00	0.00				0.00			0.00


			Deal Totals			800,000,022.44		800,000,022.44						4,697,121.01				5,220,969.52			9,918,090.53			0.00			0.00			0.00			795,302,901.43

05/24/2006

3:26:52PM

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

Page 2 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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			76113ABY6	1,000.00000000		15.15193326	4.71219223	19.86412548	0.00000000	0.00000000	984.84806674

	A-2			76113ABZ3	1,000.00000000		0.00000000	4.82552557	4.82552557	0.00000000	0.00000000	1,000.00000000

	A-3			76113ACA7	1,000.00000000		0.00000000	4.91997008	4.91997008	0.00000000	0.00000000	1,000.00000000

	M-1			76113ACB5	1,000.00000000		0.00000000	4.96719231	4.96719231	0.00000000	0.00000000	1,000.00000000

	M-2			76113ACC3	1,000.00000000		0.00000000	4.98608125	4.98608125	0.00000000	0.00000000	1,000.00000000

	M-3			76113ACD1	1,000.00000000		0.00000000	5.00497024	5.00497024	0.00000000	0.00000000	1,000.00000000

	M-4			76113ACE9	1,000.00000000		0.00000000	5.08052566	5.08052566	0.00000000	0.00000000	1,000.00000000

	M-5			76113ACF6	1,000.00000000		0.00000000	5.11830347	5.11830347	0.00000000	0.00000000	1,000.00000000

	M-6			76113ACG4	1,000.00000000		0.00000000	5.17496985	5.17496985	0.00000000	0.00000000	1,000.00000000

	M-7			76113ACH2	1,000.00000000		0.00000000	5.64719242	5.64719242	0.00000000	0.00000000	1,000.00000000

	M-8			76113ACJ8	1,000.00000000		0.00000000	5.78885917	5.78885917	0.00000000	0.00000000	1,000.00000000

	M-9			76113ACK5	1,000.00000000		0.00000000	6.63885865	6.63885865	0.00000000	0.00000000	1,000.00000000

	SB		1	76113ACL3

	R				0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	1	Factors not reported for OC Classes



	Deal Factor :			99.41285989%


	Group 2 Factor :			99.45062470%


	Group 1 Factor :			99.40290587%

05/24/2006

3:26:52PM

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

Page 3 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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	04/21/2006		05/24/2006		Actual/360		310,000,000.00	4.98938000	1,460,779.59		0.00		0.00			0.00		0.00		1,460,779.59		0.00	0.00

A-2	04/21/2006		05/24/2006		Actual/360		278,250,000.00	5.10938000	1,342,702.49		0.00		0.00			0.00		0.00		1,342,702.49		0.00	0.00

A-3	04/21/2006		05/24/2006		Actual/360		29,750,000.00	5.20938000	146,369.11		0.00		0.00			0.00		0.00		146,369.11		0.00	0.00

M-1	04/21/2006		05/24/2006		Actual/360		31,200,000.00	5.25938000	154,976.40		0.00		0.00			0.00		0.00		154,976.40		0.00	0.00

M-2	04/21/2006		05/24/2006		Actual/360		28,800,000.00	5.27938000	143,599.14		0.00		0.00			0.00		0.00		143,599.14		0.00	0.00

M-3	04/21/2006		05/24/2006		Actual/360		16,800,000.00	5.29938000	84,083.50		0.00		0.00			0.00		0.00		84,083.50		0.00	0.00

M-4	04/21/2006		05/24/2006		Actual/360		15,200,000.00	5.37938000	77,223.99		0.00		0.00			0.00		0.00		77,223.99		0.00	0.00

M-5	04/21/2006		05/24/2006		Actual/360		14,400,000.00	5.41938000	73,703.57		0.00		0.00			0.00		0.00		73,703.57		0.00	0.00

M-6	04/21/2006		05/24/2006		Actual/360		13,600,000.00	5.47938000	70,379.59		0.00		0.00			0.00		0.00		70,379.59		0.00	0.00

M-7	04/21/2006		05/24/2006		Actual/360		13,200,000.00	5.97938000	74,542.94		0.00		0.00			0.00		0.00		74,542.94		0.00	0.00

M-8	04/21/2006		05/24/2006		Actual/360		12,000,000.00	6.12938000	69,466.31		0.00		0.00			0.00		0.00		69,466.31		0.00	0.00

M-9	04/21/2006		05/24/2006		Actual/360		10,400,000.00	6.83334604	69,044.13		0.00		0.00			0.00		0.00		69,044.13		0.00	0.00

SB	04/01/2006		04/30/2006		Actual/360		26,400,022.44	0.00000000	0.00		0.00		0.00			0.00		1,454,098.76		1,454,098.76		0.00	0.00

Deal Totals						800,000,022.44			3,766,870.76		0.00		0.00			0.00		1,454,098.76		5,220,969.52		0.00



	Current Index Rates

Index Type		Rate		Classes


USLIB TEL 25 -2BD		4.95938000	A-1, A-2, A-3, M-2, M-4, M-6, M-8, M-9, M-7, M-5, M-3, M-1


NOTE: The LIBOR of 4.95938 is incorrect. It should be 4.92938 as of 04/19/06.

05/24/2006

3:26:52PM

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

Page 4 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006

5. Other Income Detail

Class

Prepayment Charges

Remaining Excess Cash Flow
and OC Release Amount

Other Income Distributiion

(1)

(2)

(1) + (2) = (3)

0.00

1,454,120.46

Deal Totals

0.00

1,454,120.46


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 1	7,922.35		7,922.35			0.00			0	0.00		263,280.66		18,515.17		12,330.59	0.00	0.00	0.00

	Group 2	2,403.13		2,403.13			0.00			0	0.00		69,405.61		4,938.74		2,096.59	0.00	0.00	0.00

	Deal Totals	10,325.48		10,325.48			0.00			0	0.00		332,686.27		23,453.91		14,427.18	0.00	0.00	0.00

05/24/2006

3:26:52PM

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

Page 5 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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		1,925.49			0.00		0.00		1,925.49		0.00

	SB		0.00		0.00		0.00		0.00		0.00		0.00			0.00		0.00		0.00		0.00

	R		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		1,925.49			0.00		0.00		1,925.49		0.00

05/24/2006

3:26:52PM

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

Page 6 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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 1
					3,075		633,122,131.57				3,075		633,122,131.57			310					17,867.20			14		3,461,035.55			0	0.00		0			0.00		3,061		629,341,796.47

Group 2
					2,420		166,877,890.87				2,420		166,877,890.87			298					58,791.49			10		755,792.72			0	0.00		0			0.00		2,410		165,961,104.96


	Deal Totals			5,495		800,000,022.44						5,495	800,000,022.44					608				76,658.69	24			4,216,828.27			0	0.00	0				0.00			5,471	795,302,901.43



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 1
			7.85566345						7.85451006		356.92				356.92		7.30566345			7.30451006			7.30566345				N/A		N/A

		Group 2
			9.95921548						9.95855375		345.77				247.95		9.40921548			9.40855375			9.40921548				N/A		N/A

		Deal Totals
			8.29445885						8.29357474		354.59				334.18		7.74445885			7.74357474			7.74445885				N/A		N/A



C. Constant Prepayment Rate

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


	2		5.71%																						5.71%

	1		6.40%																						6.40%

	Deal Totals		6.26%																						6.26%

05/24/2006

3:26:52PM

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

Page 7 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006



9. Repurchases

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


	Group 1
		Scheduled Balance		0.00		0.00			0.00		0.00			0.00


		Count				0			0		0		0
				0


	Group 2
		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

05/24/2006

3:26:52PM

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

Page 8 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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						5,458				793,289,453.47				0			0.00								0			0.00				0				0.00							0.00						5,458		793,289,453.47

	30 days					12					1,782,164.19				0			0.00								0			0.00				0				0.00							0.00						12		1,782,164.19

	60 days					1					231,283.77				0			0.00								0			0.00				0				0.00							0.00						1		231,283.77

	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							5,471			795,302,901.43				0		0.00								0			0.00			0					0.00					0.00						5,471				795,302,901.43


	Current			99.76%								99.75%			0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%								99.76%		99.75%

	30 days					0.22%					0.22%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.22%			0.22%

	60 days					0.02%					0.03%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.02%			0.03%

	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%

05/24/2006

3:26:52PM

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

Page 9 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006



			Current / Delinquent											Bankruptcy						Foreclosure					REO											Total
Group 1

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


Current						3,052						627,573,989.34		0		0.00					0			0.00				0		0.00			0.00					3,052			627,573,989.34

30 days					8					1,536,523.36			0			0.00					0			0.00				0		0.00			0.00					8			1,536,523.36

60 days					1					231,283.77			0			0.00					0			0.00				0		0.00			0.00					1			231,283.77

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					3,061					629,341,796.47			0			0.00				0				0.00				0		0.00				0.00				3,061			629,341,796.47


Current				99.71%				99.72%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				99.71%			99.72%

30 days				0.26%							0.24%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.26%				0.24%

60 days				0.03%							0.04%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.03%		0.04%

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%

05/24/2006

3:26:52PM

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

Page 10 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006



			Current / Delinquent											Bankruptcy						Foreclosure					REO											Total
Group 2

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


Current						2,406						165,715,464.13		0		0.00					0			0.00				0		0.00			0.00					2,406			165,715,464.13

30 days					4					245,640.83			0			0.00					0			0.00				0		0.00			0.00					4			245,640.83

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					2,410					165,961,104.96			0			0.00				0				0.00				0		0.00				0.00				2,410			165,961,104.96


Current				99.83%				99.85%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				99.83%			99.85%

30 days				0.17%							0.15%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.17%				0.15%

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%

05/24/2006

3:26:52PM

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

Page 11 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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

			12	1,782,164.19			0		0.00			0		0.00			0		0.00			0		0.00
	1 Month				13 Months					25 Months					37 Months					49 Months


			0.22%	0.22%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			1	231,283.77			0		0.00			0		0.00			0		0.00			0		0.00
	2 Months				14 Months					26 Months					38 Months					50 Months


			0.02%	0.03%			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
	3 Months				15 Months					27 Months					39 Months					51 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
	4 Months				16 Months					28 Months					40 Months					52 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
	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%

05/24/2006

3:26:52PM

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

Page 12 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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 1		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 2		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 1	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 2	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

05/24/2006

3:26:52PM

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

Page 13 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 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 1	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 2	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 1	Loss Count			0								0					0			0				0


		Total Realized Loss				0.00								0.00						0.00	0.00					0.00



	Group 2	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

05/24/2006

3:26:52PM

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

Page 14 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006



C. Subsequent Recoveries

				Subsequent Recoveries	Current Period								Cumulative


			Subsequent Recoveries Count				0			0
		Group 1
			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 2
			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

D. Default Percentages

Default Loss Percentage

1 Month

3 Months

6 Months

12 Months

Life of Deal

Group

Monthly Default Rate

0.00%

Constant Default Rate

0.00%

Group

Monthly Default Rate

0.00%

Constant Default Rate

0.00%

Monthly Default Rate

0.00%

Deal Totals

Constant Default Rate

0.00%

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

05/24/2006

3:26:52PM

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

Page 15 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006

14. Credit Enhancement Report

Hedge Agreements

Description

Provider

Termination
Date

Amount Received From Provider

Amount Paid to Provider

Yield Maintenance Agreement

Bank Of America, N.a.

02/25/2011

57,996.79

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
		0.00	26,400,022.44		(21.70)		26,400,000.74	26,400,000.74

05/24/2006

3:26:52PM

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

Page 16 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006



17. Excess Cashflow, Overcollateralization and Derivative Amounts

	Excess Cashflow and Derivative Summary

	(1)	Scheduled Unmodified Net Interest	5,162,972.71


	(2)	Interest Losses	0.00


	(3)	Subsequent Recoveries	0.00


	(4)	Interest Adjustment Amount	0.00


	(5)	Yield Maintenance Amount	57,996.79


	(6)	Certificate Interest Amount	3,764,945.25


	(7)	OC Reduction Amount	21.70


	(8)	Excess Cashflow Prior to OC Provisions	1,456,045.95


	Overcollateralization and Derivative Amounts

		Excess Cashflow Prior to OC Provisions	1,456,045.95


	(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	1,925.49


	(7)	Relief Act Shortfall	0.00


	(8)	Unreimbursed Realized Losses	0.00


	(9)	To Class SB Certificates	1,454,120.46

05/24/2006

3:26:52PM

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

Page 17 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006


18. Performance Tests


	Senior Balance Test

		Senior Certificate Beginning Balance - Actual Value	618,000,000.00

		Zero Balance	0.00

		Senior Certificate Beginning Balance = 0.00	False

	Current Distribution Date >= Target Distribution

		Current Distribution Period	1

		StepDownTarget Distribution Period	37

		Current Distribution Date >= Target Distribution Date	False

	Stepdown Date - Senior Enhancement Test

		Current Senior Enhancement Percent - Actual value	22.88436500%

		Specified Senior Enhancement Percent - Target value	45.50000000%

		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	0.02908100%

		Senior Enhancement Delinquency Percentage - Target Value	8.29787100%

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

05/24/2006

3:26:52PM

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

Page 18 of 19

Statement to Certificateholder

Residential Asset Securities Corp, 2006-EMX3

May 25, 2006



Trigger Event clause (b) - Realized Loss Test

	Aggregate Realized Loss Percentage - Actual Value	0.00000000%

	Scheduled Loss Target Percent	999.99000000%

	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

Stepdown Date and Trigger Event in effect

	Stepdown Date has occurred	False

	Trigger Event is in effect	False

	Trigger Event is in effect on or after StepDown Date	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.

05/24/2006

3:26:52PM

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

Page 19 of 19



	Statement To Certificateholder



	Residential Asset Securities Corp., 2006-EMX3

	May 25, 2006



	Cash Flow Received and Uses of Funds


	Cash Flow Received		Amount

	Principal and Interest Payments		9,883,547.63
	Prepayment Premium		0.00
	Liquidation and Insurance Proceeds		0.00
	Subsequent Recoveries		0.00
	Repurchase Proceeds		0.00
	Other Deposits/Adjustments (including Derivatives Payment)		57,996.79
	Total Deposits		9,941,544.42

	Uses of Funds		Amount

	Transfer to Certificate Account		9,918,090.51
	Reimbursed Advances and Expenses		0.00
	Master Servicing Compensation		23,453.91
	Derivatives Payment		0.00
	Total Withdrawals		9,941,544.42

	Ending Balance		0.00



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

RASC Series 2006-EMX3 Trust 10-D