Statement to Certificateholder

Distribution Information

Deal Information

1. Distribution Summary

Deal Name:

Residential Accredit Loans Inc, 2006-QS5

2. Factor Summary

Asset Type:

Mortgage Asset-Backed Pass-Through Certificates

3. Components Information

(Not Applicable)

Closing Date:

05/30/2006

4. Interest Summary

First Distribution Date:

06/26/2006

5. Other Income Detail

(Not Applicable)

Determination Date:

06/22/2006

6. Interest Shortfalls, Compensation and Expenses

Distribution Date:

06/26/2006

Record Date:

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

(Not Applicable)

Book-Entry:

06/23/2006

8. Collateral Summary

Definitive:

05/31/2006

9. Repurchase Information

Trustee:

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:

Jocelyn Manilay

12. Loss Mitigation and Servicing Modifications

Telephone:

818-260-1504

13. Losses and Recoveries

Pool(s) :

40341

14. Credit Enhancement Report

15. Distribution Percentages

16. Overcollateralization Summary

(Not Applicable)

17. Excess Cash Flow, Overcollateralization
Provisions and Derivative Amounts

(Not Applicable)

18. Performance Tests

19. Lender Paid Mortgage Insurance

(Not Applicable)

20. Comments

06/28/2006

7:34:11PM

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

Page 1 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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				75114TAA9	65,000,000.00				65,000,000.00					6.00000000				0.00		325,000.00			325,000.00				0.00	0.00				0.00			65,000,000.00


A-2				75114TAB7	201,340,000.00				201,340,000.00					6.00000000				6,889,189.45		1,006,700.00			7,895,889.45				0.00	0.00				0.00			194,450,810.55


A-3				75114TAC5	96,590,000.00				96,590,000.00					6.00000000				0.00		482,950.00			482,950.00				0.00	0.00				0.00			96,590,000.00


A-4				75114TAD3	99,630,000.00				99,630,000.00					6.00000000				0.00		498,150.00			498,150.00				0.00	0.00				0.00			99,630,000.00


A-5				75114TAE1	33,909,000.00				33,909,000.00					6.00000000				0.00		169,545.00			169,545.00				0.00	0.00				0.00			33,909,000.00


A-6				75114TAF8	43,630,000.00				43,630,000.00					6.00000000				0.00		218,150.00			218,150.00				0.00	0.00				0.00			43,630,000.00


A-7				75114TAG6	80,970,000.00				80,970,000.00					5.34000000				1,989,466.23		360,316.50			2,349,782.73				0.00	0.00				0.00			78,980,533.77

								1				1																										1
A-8				75144TAH4	80,970,000.00				80,970,000.00					0.66000000				0.00		44,533.50			44,533.50				0.00	0.00				0.00			78,980,533.77



A-9				75114TAJ0	29,000,000.00				29,000,000.00					6.00000000				0.00		145,000.00			145,000.00				0.00	0.00				0.00			29,000,000.00


A-P				75114TAK7	787,794.90				787,794.90					0.00000000				3,747.77		0.00			3,747.77				0.00	0.00				0.00			784,047.13

								1				1																										1
A-V				75114TAL5	697,971,004.65				697,971,004.65					0.77815897				0.00		452,610.33			452,610.33				0.00	0.00				0.00			689,064,928.60



R-I				75114TAM3	100.00				100.00					6.00000000				100.00		0.50			100.50				0.00	0.00				0.00			0.00


R-II				75114TAN1	100.00				100.00					6.00000000				100.00		0.50			100.50				0.00	0.00				0.00			0.00


M-1				75114TAP6	25,825,800.00				25,825,800.00					6.00000000				12,866.63		129,129.00			141,995.63				0.00	0.00				0.00			25,812,933.37


M-2				75114TAQ4	6,979,700.00				6,979,700.00					6.00000000				3,477.35		34,898.50			38,375.85				0.00	0.00				0.00			6,976,222.65


M-3				75114TAR2	5,234,800.00				5,234,800.00					6.00000000				2,608.02		26,174.00			28,782.02				0.00	0.00				0.00			5,232,191.98


B-1				75114TAV3	3,838,900.00				3,838,900.00					6.00000000				1,912.57		19,194.50			21,107.07				0.00	0.00				0.00			3,836,987.43


B-2				75114TAW1	2,791,900.00				2,791,900.00					6.00000000				1,390.95		13,959.50			15,350.45				0.00	0.00				0.00			2,790,509.05


B-3				75114TAX9	2,442,909.75				2,442,909.75					6.00000000				1,217.08		12,214.55			13,431.63				0.00	0.00				0.00			2,441,692.67


			Deal Totals			697,971,004.65			697,971,004.65							8,906,076.05				3,938,526.38			12,844,602.43			0.00			0.00			0.00			689,064,928.60

		1.Notional Balance

06/28/2006

7:34:11PM

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

Page 2 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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	75114TAA9	1,000.00000000		0.00000000	5.00000000	5.00000000	0.00000000	0.00000000	1,000.00000000

	A-2	75114TAB7	1,000.00000000		34.21669539	5.00000000	39.21669539	0.00000000	0.00000000	965.78330461

	A-3	75114TAC5	1,000.00000000		0.00000000	5.00000000	5.00000000	0.00000000	0.00000000	1,000.00000000

	A-4	75114TAD3	1,000.00000000		0.00000000	5.00000000	5.00000000	0.00000000	0.00000000	1,000.00000000

	A-5	75114TAE1	1,000.00000000		0.00000000	5.00000000	5.00000000	0.00000000	0.00000000	1,000.00000000

	A-6	75114TAF8	1,000.00000000		0.00000000	5.00000000	5.00000000	0.00000000	0.00000000	1,000.00000000

	A-7	75114TAG6	1,000.00000000		24.57041163	4.45000000	29.02041163	0.00000000	0.00000000	975.42958837

	A-8	75144TAH4	1,000.00000000		0.00000000	0.55000000	0.55000000	0.00000000	0.00000000	975.42958837

	A-9	75114TAJ0	1,000.00000000		0.00000000	5.00000000	5.00000000	0.00000000	0.00000000	1,000.00000000

	A-P	75114TAK7	1,000.00000000		4.75729152	0.00000000	4.75729152	0.00000000	0.00000000	995.24270848

	A-V	75114TAL5	1,000.00000000		0.00000000	0.64846581	0.64846581	0.00000000	0.00000000	987.24004867

	R-I	75114TAM3	1,000.00000000		1,000.00000000	5.00000000	1,005.00000000	0.00000000	0.00000000	0.00000000

	R-II	75114TAN1	1,000.00000000		1,000.00000000	5.00000000	1,005.00000000	0.00000000	0.00000000	0.00000000

	M-1	75114TAP6	1,000.00000000		0.49820838	5.00000000	5.49820838	0.00000000	0.00000000	999.50179162

	M-2	75114TAQ4	1,000.00000000		0.49820909	5.00000000	5.49820909	0.00000000	0.00000000	999.50179091

	M-3	75114TAR2	1,000.00000000		0.49820815	5.00000000	5.49820815	0.00000000	0.00000000	999.50179185

	B-1	75114TAV3	1,000.00000000		0.49820782	5.00000000	5.49820782	0.00000000	0.00000000	999.50179218

	B-2	75114TAW1	1,000.00000000		0.49820910	5.00000000	5.49820910	0.00000000	0.00000000	999.50179090

	B-3	75114TAX9	1,000.00000000		0.49820915	5.00000051	5.49820967	0.00000000	0.00000000	999.50179085



	Deal Factor :		98.72400487%
	Deal Factor :

06/28/2006

7:34:11PM

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

Page 3 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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	05/01/2006		05/31/2006		30/360		65,000,000.00		6.00000000	325,000.00		0.00		0.00			0.00		0.00		325,000.00		0.00	0.00

A-2	05/01/2006		05/31/2006		30/360		201,340,000.00		6.00000000	1,006,700.00		0.00		0.00			0.00		0.00		1,006,700.00		0.00	0.00

A-3	05/01/2006		05/31/2006		30/360		96,590,000.00		6.00000000	482,950.00		0.00		0.00			0.00		0.00		482,950.00		0.00	0.00

A-4	05/01/2006		05/31/2006		30/360		99,630,000.00		6.00000000	498,150.00		0.00		0.00			0.00		0.00		498,150.00		0.00	0.00

A-5	05/01/2006		05/31/2006		30/360		33,909,000.00		6.00000000	169,545.00		0.00		0.00			0.00		0.00		169,545.00		0.00	0.00

A-6	05/01/2006		05/31/2006		30/360		43,630,000.00		6.00000000	218,150.00		0.00		0.00			0.00		0.00		218,150.00		0.00	0.00

A-7	05/01/2006		05/31/2006		30/360		80,970,000.00		5.34000000	360,316.50		0.00		0.00			0.00		0.00		360,316.50		0.00	0.00

A-8	05/01/2006		05/31/2006		30/360		80,970,000.00	1	0.66000000	44,533.50		0.00		0.00			0.00		0.00		44,533.50		0.00	1.00


A-9	05/01/2006		05/31/2006		30/360		29,000,000.00		6.00000000	145,000.00		0.00		0.00			0.00		0.00		145,000.00		0.00	0.00

A-V	05/01/2006		05/31/2006		30/360		697,971,004.65	1	0.77815897	452,610.33		0.00		0.00			0.00		0.00		452,610.33		0.00	1.00


R-I	05/01/2006		05/31/2006		30/360		100.00		6.00000000	0.50		0.00		0.00			0.00		0.00		0.50		0.00	0.00

R-II	05/01/2006		05/31/2006		30/360		100.00		6.00000000	0.50		0.00		0.00			0.00		0.00		0.50		0.00	0.00

M-1	05/01/2006		05/31/2006		30/360		25,825,800.00		6.00000000	129,129.00		0.00		0.00			0.00		0.00		129,129.00		0.00	0.00

M-2	05/01/2006		05/31/2006		30/360		6,979,700.00		6.00000000	34,898.50		0.00		0.00			0.00		0.00		34,898.50		0.00	0.00

M-3	05/01/2006		05/31/2006		30/360		5,234,800.00		6.00000000	26,174.00		0.00		0.00			0.00		0.00		26,174.00		0.00	0.00

B-1	05/01/2006		05/31/2006		30/360		3,838,900.00		6.00000000	19,194.50		0.00		0.00			0.00		0.00		19,194.50		0.00	0.00

B-2	05/01/2006		05/31/2006		30/360		2,791,900.00		6.00000000	13,959.50		0.00		0.00			0.00		0.00		13,959.50		0.00	0.00

B-3	05/01/2006		05/31/2006		30/360		2,442,909.75		6.00000000	12,214.55		0.00		0.00			0.00		0.00		12,214.55		0.00	0.00

Deal Totals						697,183,209.75				3,938,526.38		0.00		0.00			0.00		0.00		3,938,526.38		0.00



1.Notional Balance



	Current Index Rates

Index Type		Rate		Classes


BTLIB TEL 25 -2BD		5.08125000	A-7, A-8

06/28/2006

7:34:11PM

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

Page 4 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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

Compensation

Advances

Allowable
Expenses per

Non-Recoverable

(1)

(2)

(3)

Subservicer

Master

Subservicer

Master

Deal Totals

7,491.29

0.00

158,000.22

38,313.05

33,664.79

0.00

06/28/2006

7:34:11PM

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

Page 5 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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

Deal Totals

3,377

697,971,004.65

3,377

697,971,004.65

289

83,842.37

8,474,282.27

0.00

3,335

689,064,928.60

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

Deal Totals

7.12137750

7.11659336

357.55

357.34

6.77138681

6.76777381

6.77138681

N/A

C. Constant Prepayment Rate

1 Month CPR

3 Month CPR

6 Month CPR

12 Month CPR

Life CPR

Deal Totals

13.77%



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
	Deal Totals


		Scheduled Balance		0.00		0.00			0.00		0.00		0.00

06/28/2006

7:34:11PM

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

Page 6 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

June 26, 2006


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

					Current / Delinquent																	Bankruptcy								Foreclosure							REO																Total
	Deal Totals

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

	Current						3,306				683,656,345.39				0			0.00								0			0.00				0				0.00						0.00						3,306		683,656,345.39

	30 days					27					4,731,883.22				0			0.00								0			0.00				0				0.00						0.00						27		4,731,883.22

	60 days					1					202,797.00				0			0.00								0			0.00				0				0.00						0.00						1		202,797.00

	90 days					1					473,902.99				0			0.00								0			0.00				0				0.00						0.00						1		473,902.99

	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							3,335			689,064,928.60				0		0.00								0			0.00			0					0.00				0.00						3,335				689,064,928.60


	Current			99.13%								99.22%			0.00%						0.00%				0.00%				0.00%				0.00%		0.00%						0.00%								99.13%		99.22%

	30 days					0.81%					0.69%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%						0.00%							0.81%			0.69%

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

	90 days					0.03%					0.07%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%						0.00%							0.03%			0.07%

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

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

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

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

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

06/28/2006

7:34:11PM

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

Page 7 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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

			27	4,731,883.22			0		0.00			0		0.00			0		0.00			0		0.00
	1 Month				13 Months					25 Months					37 Months					49 Months


			0.81%	0.69%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			1	202,797.00			0		0.00			0		0.00			0		0.00			0		0.00
	2 Months				14 Months					26 Months					38 Months					50 Months


			0.03%	0.03%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			1	473,902.99			0		0.00			0		0.00			0		0.00			0		0.00
	3 Months				15 Months					27 Months					39 Months					51 Months


			0.03%	0.07%			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%

06/28/2006

7:34:11PM

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

Page 8 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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

Capitalizations

0.00

Deal
Totals

Other

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

Deal
Totals

Capitalizations

0.00

Other
Modifications

0.00

06/28/2006

7:34:11PM

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

Page 9 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

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

Beginning Aggregate Scheduled Balance

0.00

Deal
Totals

Principal Portion of Loss

0.00

Interest Portion of Loss

0.00

Total Realized Loss

0.00

B. Cumulative Realized Losses

Cumulative Realized Losses

Liquidations

Charge-Offs

Servicing Modifications

Bankruptcy Losses

Total

Deal
Totals

Loss Count

Total Realized Loss

0.00

C. Subsequent Recoveries

Subsequent Recoveries

Current Period

Cumulative

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

06/28/2006

7:34:11PM

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

Page 10 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

June 26, 2006

D. Default Percentages

Default Loss Percentage

1 Month

3 Months

6 Months

12 Months

Life of Deal

Monthly Default Rate

0.00%

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

E. Special Hazard, Fraud Loss, and Bankruptcy

Special Hazard Amount

Fraud Loss Amount

Bankruptcy Amount

Deal Totals

6,979,710.00

20,939,130.00

262,700.00

14. Credit Enhancement Report

Hedge Agreements

Description

Provider

Termination
Date

Amount Received From Provider

Amount Paid to Provider

CLASS A-7 Yield Maintenance Agreement

Merrill Lynch & Co.

01/25/2011

0.00

06/28/2006

7:34:11PM

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

Page 11 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

June 26, 2006



15. Distribution Percentages


		Beginning Current Super		Beginning Current	Beginning Current		Beginning Current Senior

		0.00000000%			92.38117299%	100.00000000%


		Ending Percentage

	M-1		4.23104305%

	M-2		1.14348485%

	M-3		0.85761774%

	Class M Total:		6.23214564%


	B-1		0.62892732%

	B-2		0.45739722%

	B-3		0.40022212%

	Class B Total:		1.48654666%

06/28/2006

7:34:11PM

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

Page 12 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

June 26, 2006


18. Performance Tests


	Current Distribution Date >= Target Distribution

		Current Distribution Date >= Target Distribution Date	False

	Current Senior Pct > Initial Senior Percent

		Current Senior Percentage > Original Senior Percentage	False

	60+ Dlq Avg Loan Balance / Subordinate Balance

		Dlq Average Loan Balance / Class M and B balance Test	False

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

		Dlq Average Loan Balance Test	False

	Sub Balance Test OR 2% Delinquency Test

		Dlq Balance Test	False

	Aggregate Realized Loss Pct < Scheduled Loss Pct

		Aggregate Realized Loss Test	False

	Sr. Accel. % Trigger - 1st Trigger Event

		1st Senior Accelerated Stepdown Trigger	False

	Aggregate Realized Loss Pct < Scheduled Loss Pct

		Aggregate Realized Loss Percentage > 2nd Scheduled Loss Percentage	False

	Sr. Accel. % Trigger - 2nd Trigger Event

		2nd Senior Accelerated Stepdown Trigger	False

	60+ Delinq Balance OR Aggregate Loss Test

		Senior Accelerated Stepdown Trigger in effect?	False

	Senior Accelerated Stepdown Date and Trigger Event

		Senior Accelerated Stepdown Trigger in effect?	False

06/28/2006

7:34:11PM

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

Page 13 of 14

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QS5

June 26, 2006



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

	Class B-1 Prepayment Distribution Trigger	False

	Class B-2 Prepayment Distribution Trigger	False

	Class B-3 Prepayment Distribution Trigger	False

	2nd 60+ Delinquent Average Loan Balance Test	False

	Class M-2 Prepayment Distribution Trigger	False

	Class M-3 Prepayment Distribution Trigger	False



20. Comments

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

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

06/28/2006

7:34:11PM

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

Page 14 of 14



	Statement To Certificateholder



	Residential Funding Mtg. Securities I, 2006-QS5

	June 26, 2006



	Cash Flow Received and Uses of Funds


	Cash Flow Received		Amount

	Principal and Interest Payments		12,875,424.19
	Prepayment Premium		N/A
	Liquidation and Insurance Proceeds		0.00
	Subsequent Recoveries		0.00
	Repurchase Proceeds		0.00
	Other Deposits/Adjustments (including Derivative Payment)		7,491.29
	Total Deposits		12,882,915.48

	Uses of Funds		Amount

	Transfer to Certificate Account		12,844,602.43
	Reimbursed Advances and Expenses		0.00
	Master Servicing Compensation		38,313.05
	Derivative Payment		N/A
	Total Withdrawals		12,882,915.48

	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-QS5 Trust 10-D