Statement to Certificateholder

Distribution Information

Deal Information

1. Distribution Summary

Deal Name:

Residential Accredit Loans Inc, 2006-QO4

2. Factor Summary

Asset Type:

Mortgage Asset-Backed Pass-Through Certificates

3. Components Information

(Not Applicable)

Closing Date:

04/27/2006

4. Interest Summary

First Distribution Date:

05/25/2006

5. Other Income Detail

Determination Date:

05/23/2006

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:

Deutsche Bank Trust Company Americas

Main Telephone:

714-247-6000

10. Loan Status Report (Delinquencies)

11. Deal Delinquencies (30 Day Buckets)

GMAC-RFC

Bond Administrator:

Rona Hsu

12. Loss Mitigation and Servicing Modifications

Telephone:

818-260-1508

13. Losses and Recoveries

Pool(s) :

40329,40335

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

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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)

I-A-1				75114GAA7	327,356,000.00			327,356,000.00				3.81756314				588,958.61		1,345,160.36			1,934,118.97				0.00	0.00				0.00			326,767,041.39


I-A-2				75114GAB5	81,838,000.00			81,838,000.00				3.80725925				147,237.85		336,967.96			484,205.81				0.00	0.00				0.00			81,690,762.15


II-A-1				75114GAC3	223,699,000.00			223,699,000.00				3.81607300				2,401.34		637,118.19			639,519.53				0.00	0.00				0.00			223,696,598.66


II-A-2				75114GAD1	93,208,000.00			93,208,000.00				3.81607300				1,000.56		269,090.91			270,091.47				0.00	0.00				0.00			93,206,999.44


II-A-3				75114GAE9	55,924,000.00			55,924,000.00				3.80779309				960.05		160,507.49			161,467.54				0.00	0.00				0.00			55,923,039.95


M-1				75114GAF6	19,126,000.00			19,126,000.00				3.95953410				0.00		69,111.33			69,111.33				0.00	0.00				10,762.37			19,136,762.37


M-2				75114GAG4	8,075,000.00			8,075,000.00				3.95953410				0.00		29,304.42			29,304.42				0.00	0.00				4,543.88			8,079,543.88


M-3				75114GAH2	4,250,000.00			4,250,000.00				3.95953410				0.00		15,489.49			15,489.49				0.00	0.00				2,391.52			4,252,391.51


M-4				75114GAJ8	4,250,000.00			4,250,000.00				3.95953410				0.00		16,018.38			16,018.38				0.00	0.00				2,391.52			4,252,391.51


M-5				75114GAK5	4,250,000.00			4,250,000.00				3.95953410				0.00		16,084.49			16,084.49				0.00	0.00				2,391.52			4,252,391.51


M-6				75114GAL3	4,250,000.00			4,250,000.00				3.95953410				0.00		16,216.71			16,216.71				0.00	0.00				2,391.52			4,252,391.51


M-7				75114GAM1	4,250,000.00			4,250,000.00				3.95953410				0.00		19,026.44			19,026.44				0.00	0.00				2,391.51			4,252,391.51


M-8				75114GAN9	4,250,000.00			4,250,000.00				3.95953410				0.00		19,687.55			19,687.55				0.00	0.00				2,391.51			4,252,391.51


M-9				75114GAP4	4,250,000.00			4,250,000.00				3.95953410				0.00		19,885.88			19,885.88				0.00	0.00				2,391.52			4,252,391.51


M-10				75114GAQ2	4,250,000.00			4,250,000.00				3.95953410				0.00		19,885.88			19,885.88				0.00	0.00				2,391.52			4,252,391.51


SB				75114GAR0	6,801,282.71			6,801,282.71				0.00000000				1,064.44		19,116.46			20,180.90				0.00	0.00				4,186.71			6,804,404.98


R-I				75114GAS8	0.00			0.00				0.00000000				0.00		0.00			0.00				0.00	0.00				0.00			0.00


R-II				75114GAT6	0.00			0.00				0.00000000				0.00		0.00			0.00				0.00	0.00				0.00			0.00


R-III				75114GAU3	0.00			0.00				0.00000000				0.00		0.00			0.00				0.00	0.00				0.00			0.00


			Deal Totals			850,027,282.71		850,027,282.71						741,622.85				3,008,671.94			3,750,294.79			0.00			0.00			38,625.10			849,324,284.90

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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




	I-A-1			75114GAA7	1,000.00000000		1.79913797	4.10916666	5.90830463	0.00000000	0.00000000	998.20086203

	I-A-2			75114GAB5	1,000.00000000		1.79913793	4.11749994	5.91663787	0.00000000	0.00000000	998.20086207

	II-A-1			75114GAC3	1,000.00000000		0.01073469	2.84810477	2.85883947	0.00000000	0.00000000	999.98926531

	II-A-2			75114GAD1	1,000.00000000		0.01073470	2.88699371	2.89772841	0.00000000	0.00000000	999.98926530

	II-A-3			75114GAE9	1,000.00000000		0.01716705	2.87010031	2.88726736	0.00000000	0.00000000	999.98283295

	M-1			75114GAF6	1,000.00000000		0.00000000	3.61347537	3.61347537	0.56270888	0.00000000	1,000.56270888

	M-2			75114GAG4	1,000.00000000		0.00000000	3.62903034	3.62903034	0.56270960	0.00000000	1,000.56270960

	M-3			75114GAH2	1,000.00000000		0.00000000	3.64458588	3.64458588	0.56271059	0.00000000	1,000.56270824

	M-4			75114GAJ8	1,000.00000000		0.00000000	3.76903059	3.76903059	0.56271059	0.00000000	1,000.56270824

	M-5			75114GAK5	1,000.00000000		0.00000000	3.78458588	3.78458588	0.56271059	0.00000000	1,000.56270824

	M-6			75114GAL3	1,000.00000000		0.00000000	3.81569647	3.81569647	0.56271059	0.00000000	1,000.56270824

	M-7			75114GAM1	1,000.00000000		0.00000000	4.47680941	4.47680941	0.56270824	0.00000000	1,000.56270824

	M-8			75114GAN9	1,000.00000000		0.00000000	4.63236471	4.63236471	0.56270824	0.00000000	1,000.56270824

	M-9			75114GAP4	1,000.00000000		0.00000000	4.67903059	4.67903059	0.56271059	0.00000000	1,000.56270824

	M-10			75114GAQ2	1,000.00000000		0.00000000	4.67903059	4.67903059	0.56271059	0.00000000	1,000.56270824

	SB		1	75114GAR0

	R-I			75114GAS8	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	R-II			75114GAT6	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	R-III			75114GAU3	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	1	Factors not reported for OC Classes



	Deal Factor :			99.91729703%


	Group I Factor :			99.83433024%


	Group II Factor :			100.00835598%

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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)
I-A-1	04/01/2006		04/30/2006		30/360		327,356,000.00	3.81756314	1,345,160.36		0.00		0.00			0.00		0.00		1,345,160.36		0.00	0.00

I-A-2	04/01/2006		04/30/2006		30/360		81,838,000.00	3.80725925	336,967.97		0.00		0.00			0.00		0.00		336,967.96		0.00	0.00

II-A-1	04/27/2006		05/24/2006		Actual/360		223,699,000.00	3.81607300	637,118.19		0.00		0.00			0.00		0.00		637,118.19		0.00	0.00

II-A-2	04/27/2006		05/24/2006		Actual/360		93,208,000.00	3.81607300	269,090.91		0.00		0.00			0.00		0.00		269,090.91		0.00	0.00

II-A-3	04/27/2006		05/24/2006		Actual/360		55,924,000.00	3.80779309	160,507.49		0.00		0.00			0.00		0.00		160,507.49		0.00	0.00

M-1	04/27/2006		05/24/2006		Actual/360		19,126,000.00	3.95953410	69,111.33		0.00		10,762.37			0.00		0.00		69,111.33		0.00	0.00

M-2	04/27/2006		05/24/2006		Actual/360		8,075,000.00	3.95953410	29,304.42		0.00		4,543.88			0.00		0.00		29,304.42		0.00	0.00

M-3	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	15,489.49		0.00		2,391.52			0.00		0.00		15,489.49		0.00	0.00

M-4	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	16,018.38		0.00		2,391.52			0.00		0.00		16,018.38		0.00	0.00

M-5	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	16,084.49		0.00		2,391.52			0.00		0.00		16,084.49		0.00	0.00

M-6	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	16,216.71		0.00		2,391.52			0.00		0.00		16,216.71		0.00	0.00

M-7	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	19,026.44		0.00		2,391.51			0.00		0.00		19,026.44		0.00	0.00

M-8	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	19,687.55		0.00		2,391.51			0.00		0.00		19,687.55		0.00	0.00

M-9	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	19,885.88		0.00		2,391.52			0.00		0.00		19,885.88		0.00	0.00

M-10	04/27/2006		05/24/2006		Actual/360		4,250,000.00	3.95953410	19,885.88		0.00		2,391.52			0.00		0.00		19,885.88		0.00	0.00

SB	04/01/2006		04/30/2006		Actual/360		6,801,282.71	0.00000000	0.00		0.00		4,186.71			0.00		19,116.46		19,116.46		0.00	0.00

Deal Totals						850,027,282.71			2,989,555.49		0.00		38,625.10			0.00		19,116.46		3,008,671.94		0.00



	Current Index Rates

Index Type			Rate		Classes


DB 12MTA 15 DAY LB			4.01083000	I-A-1, I-A-2


BTLIB TEL 25 -2BD			4.95938000	II-A-1, II-A-2, II-A-3, M-2, M-4, M-6, M-8, M-10, M-9, M-7, M-5, M-3, M-1


Net deferred interest = $478,318.07 Prepayment charges = $15,642.90
		12MTA rate = 4.011

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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)

15,642.90

4,538.00

20,180.90

Deal Totals

15,642.90

4,538.00

20,180.90


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	711.59		711.59			0.00			0	0.00		138,984.12		18,081.90		21,928.31	0.00	0.00	0.00

	Group II	196.67		196.67			0.00			0	0.00		126,629.60		16,881.57		14,916.97	0.00	0.00	0.00

	Deal Totals	908.26		908.26			0.00			0	0.00		265,613.72		34,963.47		36,845.28	0.00	0.00	0.00

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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)

	I-A-1		0.00		0.00		0.00		0.00		0.00		303,741.87			0.00		0.00		303,741.87		0.00

	I-A-2		0.00		0.00		0.00		0.00		0.00		77,319.23			0.00		0.00		77,319.23		0.00

	II-A-1		0.00		0.00		0.00		0.00		0.00		237,199.21			0.00		0.00		237,199.21		0.00

	II-A-2		0.00		0.00		0.00		0.00		0.00		102,457.85			0.00		0.00		102,457.85		0.00

	II-A-3		0.00		0.00		0.00		0.00		0.00		60,529.08			0.00		0.00		60,529.08		0.00

	M-1		0.00		0.00		0.00		0.00		0.00		20,972.55			0.00		0.00		20,972.55		0.00

	M-2		0.00		0.00		0.00		0.00		0.00		8,980.23			0.00		0.00		8,980.23		0.00

	M-3		0.00		0.00		0.00		0.00		0.00		4,792.55			0.00		0.00		4,792.55		0.00

	M-4		0.00		0.00		0.00		0.00		0.00		5,321.44			0.00		0.00		5,321.44		0.00

	M-5		0.00		0.00		0.00		0.00		0.00		5,387.55			0.00		0.00		5,387.55		0.00

	M-6		0.00		0.00		0.00		0.00		0.00		5,519.77			0.00		0.00		5,519.77		0.00

	M-7		0.00		0.00		0.00		0.00		0.00		8,329.49			0.00		0.00		8,329.49		0.00

	M-8		0.00		0.00		0.00		0.00		0.00		8,990.60			0.00		0.00		8,990.60		0.00

	M-9		0.00		0.00		0.00		0.00		0.00		9,188.94			0.00		0.00		9,188.94		0.00

	M-10		0.00		0.00		0.00		0.00		0.00		9,188.94			0.00		0.00		9,188.94		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

	R-III		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		867,919.30			0.00		0.00		867,919.30		0.00

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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 I

1,683

444,776,674.37

1,683

444,776,674.37

191

66,427.98

787,558.52

0.00

1,679

444,039,813.94

Group II

787

405,250,608.34

787

405,250,608.34

36,654.99

0.00

787

405,284,470.98

Deal Totals

2,470

850,027,282.71

2,470

850,027,282.71

263

103,082.97

787,558.52

0.00

2,466

849,324,284.92

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

4.24256314

7.28829710

391.00

375.31

3.81756314

6.86329711

3.81756314

N/A

Group II

3.98666814

7.20292996

397.60

381.43

3.56166814

6.77792996

3.56166814

N/A

Deal Totals

4.12056516

7.24756122

394.15

378.23

3.69556516

6.82256122

3.69556516

N/A

C. Constant Prepayment Rate

1 Month CPR

3 Month CPR

6 Month CPR

12 Month CPR

Life CPR

Group-I

2.28%

Group-II

0.11%

Deal Totals

1.25%

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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 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
	Deal Totals


		Scheduled Balance		0.00		0.00			0.00		0.00		0.00

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 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						2,428				836,705,837.50				0			0.00								0			0.00				0				0.00							0.00						2,428		836,705,837.50

	30 days					38					12,618,447.42				0			0.00								0			0.00				0				0.00							0.00						38		12,618,447.42

	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							2,466			849,324,284.92				0		0.00								0			0.00			0					0.00					0.00						2,466				849,324,284.92


	Current			98.46%								98.51%			0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%								98.46%		98.51%

	30 days					1.54%					1.49%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							1.54%			1.49%

	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%

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 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						1,653						436,822,354.96		0		0.00					0			0.00				0		0.00			0.00					1,653			436,822,354.96

30 days					26					7,217,458.98			0			0.00					0			0.00				0		0.00			0.00					26			7,217,458.98

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					1,679					444,039,813.94			0			0.00				0				0.00				0		0.00				0.00				1,679			444,039,813.94


Current				98.45%				98.37%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				98.45%			98.37%

30 days				1.55%							1.63%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.55%				1.63%

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%

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 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						775						399,883,482.54		0		0.00					0			0.00				0		0.00			0.00					775			399,883,482.54

30 days					12					5,400,988.44			0			0.00					0			0.00				0		0.00			0.00					12			5,400,988.44

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					787					405,284,470.98			0			0.00				0				0.00				0		0.00				0.00				787			405,284,470.98


Current				98.48%				98.67%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				98.48%			98.67%

30 days				1.52%							1.33%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.52%				1.33%

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%

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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

			38	12,618,447.42			0		0.00			0		0.00			0		0.00			0		0.00
	1 Month				13 Months					25 Months					37 Months					49 Months


			1.54%	1.49%			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
	2 Months				14 Months					26 Months					38 Months					50 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
	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%

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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 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



		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



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

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

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 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


		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



	Group II	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

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 2006



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


			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

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 2006

14. Credit Enhancement Report

Reserve Accounts

DEPOSITS

WITHDRAWALS

Ending
Balance

Description

Source

Beginning
Balance

Investment
Earnings

Other
Deposits

Draws

Releases

Carryover Shortfall Reserve Fund

Greenwich Capital Markets, Inc

860,000.00

0.00

860,000.00

0.00

Insurance

Description

Insurer

Insurance
Premium

Current
Insured

Cumulative
Insured
Payments

Reimbursement
Amount

Unreimbursed
Insured
Payments

CLASS I-A-2 Bond insurance with XLCA

Xl Capital

3,819.11

0.00

CLASS II-A-3 Bond insurance with XLCA

Xl Capital

2,609.79

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	6,801,282.71		(1,064.45)		6,804,404.98	6,800,218.26

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 2006



17. Excess Cashflow, Overcollateralization and Derivative Amounts

	Excess Cashflow and Derivative Summary

	(1)	Scheduled Unmodified Net Interest	2,617,776.02


	(2)	Interest Losses	0.00


	(3)	Subsequent Recoveries	0.00


	(4)	Interest Adjustment Amount	0.00


	(5)	Bond Insurance Premium	6,428.89


	(6)	Certificate Interest Amount	2,595,767.57


	(7)	OC Reduction Amount	1,064.45


	(8)	Excess Cashflow Prior to OC Provisions	16,644.00


	Overcollateralization and Derivative Amounts

		Excess Cashflow Prior to OC Provisions	16,644.00


	(2)	Unreimbursed Principal Portion of Realized Losses	0.00


	(3)	Principal Portion of Realized Losses	0.00


	(4)	Overcollateralization Increase	0.00


	(5)	Prepayment Interest Shortfall	0.00


	(6)	Unpaid PPIS With Accrued Interest	0.00


	(7)	Basis Risk Shortfall Carry-Forward Amount	7,919.27


	(8)	Relief Act Shortfall	0.00


	(9)	Unreimbursed Realized Losses	0.00


	(10)	Other amounts due and unpaid under the Insurance Agreement	0.00


	(11)	To Class SB Certificates	8,724.73

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 2006


18. Performance Tests


	Senior Balance Test

		Senior Certificate Beginning Balance = 0.00	False

	Current Distribution Date >= Target Distribution

		Current Distribution Date >= Target Distribution Date	False

	Stepdown Date - Senior Enhancement Test

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

	StepDown Date and Senior Enhancement pass

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

	StepDown Date has occured

		Stepdown Date has occurred	False

	Outstanding Insurance Reimbursement Amount > 0.00

		Outstanding Insurance Reimbursement Amount > 0.00	False

	Sixty-Plus Delinquency Percentage

		3-Month Average 60+ Delinquency Ratio >= Target Percentage	False

	Aggregate Realized Loss % >= Scheduled Loss %

		Aggregate Realized Loss Percentage >= Scheduled Loss Percent	False

	Rolling Delinquency Test or Realized Loss Test

		Rolling Delinquency Test or Realized Loss Test in effect	False

	Trigger Event is in effect

		Trigger Event is in effect	False

	Stepdown Date and Trigger Event in effect

		Trigger Event is in effect on or after StepDown Date	False

05/25/2006

10:57:53AM

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 Accredit Loans Inc, 2006-QO4

May 25, 2006



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.

05/25/2006

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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 Accredit Loans Inc., 2006-QO4

	May 25, 2006



	Cash Flow Received and Uses of Funds


	Cash Flow Received		Amount

	Principal and Interest Payments		2,915,136.22
	Prepayment Premium		15,642.90
	Liquidation and Insurance Proceeds		0.00
	Subsequent Recoveries		0.00
	Repurchase Proceeds		0.00
	Other Deposits/Adjustments (including Derivative Payment)		860,908.26
	Total Deposits		3,791,687.38

	Uses of Funds		Amount

	Transfer to Certificate Account		3,750,295.01
	Reimbursed Advances and Expenses		0.00
	Master Servicing Compensation		34,963.47
	Derivative Payment\Insur premium		6,428.89
	Total Withdrawals		3,791,687.37

	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-QO4 Trust 10-D