Statement to Certificateholder

Distribution Information

Deal Information

1. Distribution Summary

Deal Name:

Residential Accredit Loans Inc, 2006-QO1

2. Factor Summary

Asset Type:

Mortgage Asset-Backed Pass-Through Certificates

3. Components Information

Closing Date:

01/30/2006

4. Interest Summary

First Distribution Date:

02/25/2006

5. Other Income Detail

(Not Applicable)

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

(Not Applicable)

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:

Nicholas Gisler

12. Loss Mitigation and Servicing Modifications

Telephone:

818-260-1628

13. Losses and Recoveries

Pool(s) :

40269,40270,40271

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

05/24/2006

5:39:52PM

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

Page 1 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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)

1-A-1				761118RG5	91,094,000.00			84,213,060.00				5.21938000				5,185,474.68		366,283.30			5,551,757.98				0.00	0.00				0.00			79,027,585.32


1-A-2				761118RH3	10,122,000.00			9,357,417.54				5.33938000				576,189.15		41,635.67			617,824.82				0.00	0.00				0.00			8,781,228.39


2-A-1				761118RJ9	164,198,000.00			163,620,535.33				5.22938000				1,849.83		523,769.95			525,619.78				0.00	0.00				189,258.35			163,807,943.84


2-A-2				761118RK6	20,525,000.00			20,452,816.04				5.28938000				231.24		65,472.04			65,703.28				0.00	0.00				24,680.22			20,477,265.02


2-A-3				761118RL4	20,525,000.00			20,452,816.04				5.35938000				231.26		65,472.04			65,703.30				0.00	0.00				25,873.30			20,478,458.08


3-A-1				761118RM2	309,242,000.00			306,848,986.42				5.22938000				2,590,646.35		1,337,191.63			3,927,837.98				0.00	0.00				0.00			304,258,340.07


3-A-2				761118RN0	128,851,000.00			127,853,909.72				5.28938000				1,079,437.38		563,556.59			1,642,993.97				0.00	0.00				0.00			126,774,472.34


3-A-3				761118RP5	77,311,000.00			76,712,742.73				5.37938000				647,665.77		343,889.16			991,554.93				0.00	0.00				0.00			76,065,076.96


X-1				761118RW0	0.00			103,321,232.06				1.55425649				0.00		133,823.08			133,823.08				0.00	0.00				0.00			97,559,357.40


X-2				761118RX8	0.00			224,390,835.25				0.00236213				0.00		441.70			441.70				0.00	0.00				242,885.55			224,907,695.02


X-3				761118RY6	0.00			561,201,576.94				1.38896803				0.00		794,879.99			794,879.99				0.00	0.00				0.00			556,883,407.60


R-1				761118SX7	50.00			0.00				6.86451789				0.00		0.00			0.00				0.00	0.00				0.00			0.00


R-II				761118SY5	50.00			0.00				6.86451789				0.00		0.00			0.00				0.00	0.00				0.00			0.00


M-1				761118RQ3	13,518,000.00			13,500,766.72				5.57938000				145.62		56,516.12			56,661.74				0.00	0.00				6,255.47			13,506,876.58


M-2				761118RR1	11,716,000.00			11,701,063.99				5.63938000				126.20		49,567.36			49,693.56				0.00	0.00				5,421.59			11,706,359.38


M-3				761118RS9	8,110,000.00			8,099,661.05				5.70938000				87.36		34,783.79			34,871.15				0.00	0.00				3,752.91			8,103,326.61


M-4				761118RT7	11,715,000.00			11,700,065.26				6.15938000				126.19		54,633.16			54,759.35				0.00	0.00				5,421.13			11,705,360.20


M-5				761118RU4	9,012,000.00			9,000,511.15				6.45938000				97.08		44,277.79			44,374.87				0.00	0.00				4,170.31			9,004,584.39


M-6				761118RV2	5,407,000.00			5,400,106.94				6.45938000				58.24		26,565.69			26,623.93				0.00	0.00				2,502.10			5,402,550.80


B-1				761118SU3	5,858,000.00			5,850,531.99				6.45938000				63.10		28,781.54			28,844.64				0.00	0.00				2,710.80			5,853,179.69


B-2				761118SV1	8,561,000.00			8,550,086.10				6.45938000				92.22		42,061.93			42,154.15				0.00	0.00				3,961.62			8,553,955.50


B-3				761118SW9	5,407,495.96			5,400,602.27				6.45938000				58.25		26,568.13			26,626.38				0.00	0.00				2,502.32			5,403,046.35


			Deal Totals			901,172,595.96		888,913,644.25						10,082,579.92				4,600,170.66			14,682,750.58			0.00			0.00			519,395.67			879,350,460.03

05/24/2006

5:39:52PM

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

Page 2 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006


	1.Notional Balance



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




	1-A-1	761118RG5	924.46330164		56.92443717	4.02093771	60.94537489	0.00000000	0.00000000	867.53886447

	1-A-2	761118RH3	924.46330172		56.92443687	4.11338372	61.03782059	0.00000000	0.00000000	867.53886485

	2-A-1	761118RJ9	996.48311995		0.01126585	3.18986803	3.20113387	1.15262275	0.00000000	997.62447679

	2-A-2	761118RK6	996.48312010		0.01126626	3.18986797	3.20113423	1.20244677	0.00000000	997.67430061

	2-A-3	761118RL4	996.48312010		0.01126724	3.18986797	3.20113520	1.26057491	0.00000000	997.73242777

	3-A-1	761118RM2	992.26167991		8.37740782	4.32409450	12.70150232	0.00000000	0.00000000	983.88427209

	3-A-2	761118RN0	992.26167992		8.37740786	4.37370754	12.75111540	0.00000000	0.00000000	983.88427207

	3-A-3	761118RP5	992.26167984		8.37740774	4.44812717	12.82553492	0.00000000	0.00000000	983.88427210

	X-1	761118RW0	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	X-2	761118RX8	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	X-3	761118RY6	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	R-1	761118SX7	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	R-II	761118SY5	0.00000000		0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000

	M-1	761118RQ3	998.72516053		0.01077230	4.18080485	4.19157716	0.46275115	0.00000000	999.17714011

	M-2	761118RR1	998.72516132		0.01077159	4.23074087	4.24151246	0.46275094	0.00000000	999.17714066

	M-3	761118RS9	998.72516030		0.01077189	4.28900000	4.29977189	0.46275092	0.00000000	999.17714057

	M-4	761118RT7	998.72516090		0.01077166	4.66352198	4.67429364	0.46275117	0.00000000	999.17714042

	M-5	761118RU4	998.72516090		0.01077230	4.91320351	4.92397581	0.46275078	0.00000000	999.17714048

	M-6	761118RV2	998.72515998		0.01077122	4.91320326	4.92397448	0.46275199	0.00000000	999.17714074

	B-1	761118SU3	998.72516046		0.01077159	4.91320246	4.92397405	0.46275179	0.00000000	999.17714066

	B-2	761118SV1	998.72516061		0.01077211	4.91320290	4.92397500	0.46275201	0.00000000	999.17714052

	B-3	761118SW9	998.72516040		0.01077208	4.91320386	4.92397594	0.46275023	0.00000000	999.17714039

05/24/2006

5:39:52PM

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

Page 3 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006



	Deal Factor :			97.57847320%


	Group I Factor :			87.90449600%


	Group II Factor :			99.93526682%


	Group III Factor :			98.53973950%



3. Component Level Reporting

	Component	Original Face Value			Beginning Notional/ Principal Balance		Pass-Through Rate	Principal Distribution	Interest Distribution		Total Distribution			Principal Loss			Interest Loss			Deferred Interest	Ending Notional/ Principal Balance
	X-1-P		0.00		0.00		0.68645179	0.00		0.00			0.00		0.00		0.00		0.00		0.00		0.00


	X-1-IO		110,983,535.34	1	0.00	1	1.55425650	0.00		133,823.08			133,823.08		0.00		0.00		0.00		0.00	1



	X-2-P		0.00		80,078.37		0.66189817	0.00		441.70			441.70		0.00		0.00		242,885.55		322,963.92

	X-2-IO		225,053,379.23	1	0.00	1	1.29837830	0.00		0.00			0.00		0.00		0.00		0.00		0.00	1



	X-3-P		0.00		117,886.59		0.67266956	0.00		660.82			660.82		0.00		0.00		0.00		117,886.59

	X-3-IO		565,135,863.39	1	0.00	1	1.38896800	0.00		794,219.17			794,219.17		0.00		0.00		0.00		0.00	1




	Class Totals:		0.00		197,964.96			0.00		929,144.77		929,144.77				0.00	0.00	242,885.55			440,850.51

	Total Deferred Interest: Grp 1: $0 Grp 2: $519,395.69 Grp 3: $0 Total Prepayment Penalties: Grp 2: $0 Grp 3: $144,779.75

05/24/2006

5:39:52PM

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

Page 4 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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)
1-A-1	04/25/2006		05/24/2006		Actual/360		84,213,060.00	5.21938000	366,283.30		0.00		0.00			0.00		0.00		366,283.30		0.00	0.00

1-A-2	04/25/2006		05/24/2006		Actual/360		9,357,417.54	5.33938000	41,635.67		0.00		0.00			0.00		0.00		41,635.67		0.00	0.00

2-A-1	04/25/2006		05/24/2006		Actual/360		163,620,535.33	5.22938000	713,028.30		0.00		189,258.35			0.00		0.00		523,769.95		0.00	0.00

2-A-2	04/25/2006		05/24/2006		Actual/360		20,452,816.04	5.28938000	90,152.26		0.00		24,680.22			0.00		0.00		65,472.04		0.00	0.00

2-A-3	04/25/2006		05/24/2006		Actual/360		20,452,816.04	5.35938000	91,345.34		0.00		25,873.30			0.00		0.00		65,472.04		0.00	0.00

3-A-1	04/25/2006		05/24/2006		Actual/360		306,848,986.42	5.22938000	1,337,191.63		0.00		0.00			0.00		0.00		1,337,191.63		0.00	0.00

3-A-2	04/25/2006		05/24/2006		Actual/360		127,853,909.72	5.28938000	563,556.59		0.00		0.00			0.00		0.00		563,556.59		0.00	0.00

3-A-3	04/25/2006		05/24/2006		Actual/360		76,712,742.73	5.37938000	343,889.16		0.00		0.00			0.00		0.00		343,889.16		0.00	0.00

X-1	04/01/2006		04/30/2006		30/360		103,321,232.06	1.55425649	133,823.08		0.00		0.00			0.00		0.00		133,823.08		0.00	1.00

X-2	04/01/2006		04/30/2006		30/360		224,390,835.25	0.00236213	243,141.89		0.00		242,885.55			0.00		0.00		441.70		0.00	1.00

X-3	04/01/2006		04/30/2006		30/360		561,201,576.94	1.38896803	650,100.24		0.00		0.00			0.00		0.00		794,879.99		0.00	1.00

M-1	04/25/2006		05/24/2006		Actual/360		13,500,766.72	5.57938000	62,771.59		0.00		6,255.47			0.00		0.00		56,516.12		0.00	0.00

M-2	04/25/2006		05/24/2006		Actual/360		11,701,063.99	5.63938000	54,988.96		0.00		5,421.59			0.00		0.00		49,567.36		0.00	0.00

M-3	04/25/2006		05/24/2006		Actual/360		8,099,661.05	5.70938000	38,536.70		0.00		3,752.91			0.00		0.00		34,783.79		0.00	0.00

M-4	04/25/2006		05/24/2006		Actual/360		11,700,065.26	6.15938000	60,054.29		0.00		5,421.13			0.00		0.00		54,633.16		0.00	0.00

M-5	04/25/2006		05/24/2006		Actual/360		9,000,511.15	6.45938000	48,448.10		0.00		4,170.31			0.00		0.00		44,277.79		0.00	0.00

M-6	04/25/2006		05/24/2006		Actual/360		5,400,106.94	6.45938000	29,067.79		0.00		2,502.10			0.00		0.00		26,565.69		0.00	0.00

B-1	04/25/2006		05/24/2006		Actual/360		5,850,531.99	6.45938000	31,492.34		0.00		2,710.80			0.00		0.00		28,781.54		0.00	0.00

B-2	04/25/2006		05/24/2006		Actual/360		8,550,086.10	6.45938000	46,023.55		0.00		3,961.62			0.00		0.00		42,061.93		0.00	0.00

B-3	04/25/2006		05/24/2006		Actual/360		5,400,602.27	6.45938000	29,070.45		0.00		2,502.32			0.00		0.00		26,568.13		0.00	0.00

Deal Totals						888,913,644.25			4,974,601.23		0.00		519,395.67			0.00		0.00		4,600,170.66		0.00



1.Notional Balance



	Current Index Rates

Index Type		Rate		Classes


BTLIB TEL 25 -2BD		4.95938000	1-A-1, 1-A-2, 2-A-1, 2-A-3, 3-A-2, M-1, M-3, M-5, B-1, B-3, B-2, M-6, M-4, M-2, 3-A-3, 3-A-1, 2-A-2

05/24/2006

5:39:52PM

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

Page 5 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006


6. Interest Shortfalls, Compensation and Expenses

			Current Prepayment Interest Shortfall Amount		Compensating Interest			Net Prepayment Interest Shortfall Amount (1) - (2)=(3)		Civil Relief Act	Civil Relief Act	Compensation				Advances			Allowable Expenses per	Non-Recoverable






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



	Group I	4,904.96		4,904.96			0.00			0	0.00		32,285.54		0.00		4,169.35	0.00	0.00	0.00

	Group II	381.13		381.13			0.00			0	0.00		70,100.21		9,349.65		10,577.72	0.00	0.00	0.00

	Group III	4,348.08		4,348.08			0.00			0	0.00		175,386.67		20,269.03		24,994.56	0.00	0.00	0.00

	Deal Totals	9,634.17		9,634.17			0.00			0	0.00		277,772.42		29,618.68		39,741.63	0.00	0.00	0.00

05/24/2006

5:39:52PM

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

Page 6 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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
					326		110,983,353.34				305		103,321,232.06			67					30,774.96			10		5,990,258.37			0	0.00		0			0.00		295		97,559,357.40

Group II
					631		225,053,379.23				624		224,390,835.25			144					70,131.03			0		0.00			0	0.00		0			0.00		624		224,907,695.02

Group III
					1,850		565,135,863.39				1,827		561,201,576.94			482					220,191.86			20		5,568,217.25			0	0.00		0			0.00		1,807		556,883,407.60


	Deal Totals			2,807		901,172,595.96						2,756	888,913,644.25					693				321,097.85	30			11,558,475.62			0	0.00	0				0.00			2,726	879,350,460.02



B. Weighted Averages

			Beginning						Ending		Ending Weighted Average Remaining Amortization Term				Ending Weighted Average Months to Maturity		Beginning Weighted Average Net Mortgage			Ending Weighted Average Net Mortgage			Beginning Weighted Average Unmodified Net Mortgage				Net Weighted Average Cap Rate	Weighted Average Net Rate

		Group I
			7.28951789						7.39235581		361.34				361.34		6.86451790			6.96735581			6.86451790				N/A		N/A

		Group II
			7.04398170						7.16791046		374.03				374.03		6.61898169			6.74291046			6.61898169				N/A		N/A

		Group III
			7.15169565						7.26627370		368.35				368.35		6.72669565			6.84127370			6.72669565				N/A		N/A

		Deal Totals
			7.14052464						7.25510391		369.02				369.02		6.71552464			6.83010391			6.71552464				N/A		N/A



C. Constant Prepayment Rate

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


	Group-I		51.26%							37.58%															33.34%

	Group-II		0.37%							3.01%															2.45%

	Group-III		11.67%							7.50%															6.37%

	Deal Totals		14.87%							10.56%															9.08%

05/24/2006

5:39:52PM

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

Page 7 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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


	Group III
		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

5:39:52PM

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

Page 8 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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						2,690				866,706,211.36				0			0.00								0			0.00				0				0.00							0.00						2,690		866,706,211.36

	30 days					29					9,407,636.53				0			0.00								0			0.00				0				0.00							0.00						29		9,407,636.53

	60 days					5					2,295,639.08				0			0.00								0			0.00				0				0.00							0.00						5		2,295,639.08

	90 days					2					940,973.05				0			0.00								0			0.00				0				0.00							0.00						2		940,973.05

	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							2,726			879,350,460.02				0		0.00								0			0.00			0					0.00					0.00						2,726				879,350,460.02


	Current			98.68%								98.56%			0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%								98.68%		98.56%

	30 days					1.06%					1.07%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							1.06%			1.07%

	60 days					0.18%					0.26%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.18%			0.26%

	90 days					0.07%					0.11%				0.00%						0.00%				0.00%				0.00%				0.00%		0.00%							0.00%							0.07%			0.11%

	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

5:39:52PM

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

Page 9 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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						288						96,234,295.84		0		0.00					0			0.00				0		0.00			0.00					288			96,234,295.84

30 days					7					1,325,061.56			0			0.00					0			0.00				0		0.00			0.00					7			1,325,061.56

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					295					97,559,357.40			0			0.00				0				0.00				0		0.00				0.00				295			97,559,357.40


Current				97.63%				98.64%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				97.63%			98.64%

30 days				2.37%							1.36%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				2.37%				1.36%

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

5:39:52PM

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

Page 10 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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						618						221,028,138.66		0		0.00					0			0.00				0		0.00			0.00					618			221,028,138.66

30 days					4					2,444,659.24			0			0.00					0			0.00				0		0.00			0.00					4			2,444,659.24

60 days					1					807,679.37			0			0.00					0			0.00				0		0.00			0.00					1			807,679.37

90 days					1					627,217.75			0			0.00					0			0.00				0		0.00			0.00					1			627,217.75

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					624					224,907,695.02			0			0.00				0				0.00				0		0.00				0.00				624			224,907,695.02


Current				99.04%				98.28%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				99.04%			98.28%

30 days				0.64%							1.09%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.64%				1.09%

60 days				0.16%							0.36%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.16%		0.36%

90 days				0.16%							0.28%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.16%		0.28%

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

5:39:52PM

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

Page 11 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006



			Current / Delinquent											Bankruptcy						Foreclosure					REO											Total
Group III

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


Current						1,784						549,443,776.86		0		0.00					0			0.00				0		0.00			0.00					1,784			549,443,776.86

30 days					18					5,637,915.73			0			0.00					0			0.00				0		0.00			0.00					18			5,637,915.73

60 days					4					1,487,959.71			0			0.00					0			0.00				0		0.00			0.00					4			1,487,959.71

90 days					1					313,755.30			0			0.00					0			0.00				0		0.00			0.00					1			313,755.30

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					1,807					556,883,407.60			0			0.00				0				0.00				0		0.00				0.00				1,807			556,883,407.60


Current				98.73%				98.66%						0.00%		0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				98.73%			98.66%

30 days				1.00%							1.01%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				1.00%				1.01%

60 days				0.22%							0.27%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.22%		0.27%

90 days				0.06%							0.06%		0.00%			0.00%				0.00%				0.00%				0.00%		0.00%				0.00%				0.06%		0.06%

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

5:39:52PM

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

Page 12 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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

			29	9,407,636.53			0		0.00			0		0.00			0		0.00			0		0.00
	1 Month				13 Months					25 Months					37 Months					49 Months


			1.06%	1.07%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			5	2,295,639.08			0		0.00			0		0.00			0		0.00			0		0.00
	2 Months				14 Months					26 Months					38 Months					50 Months


			0.18%	0.26%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%			0.00%		0.00%


			2	940,973.05			0		0.00			0		0.00			0		0.00			0		0.00
	3 Months				15 Months					27 Months					39 Months					51 Months


			0.07%	0.11%			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

5:39:52PM

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

Page 13 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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



Group III		Capitalizations	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00


		Other Modifications	0		0.00	0		0.00		0		0.00		0		0.00	0		0.00	0		0.00	0	0.00



		Capitalizations		0	0.00		0	0.00			0	0.00		0		0.00	0		0.00	0		0.00	0	0.00

	Deal Totals
		Other
				0	0.00		0	0.00			0	0.00		0		0.00	0		0.00	0		0.00	0	0.00



				Payoffs										Repurchases					Liquidations													Total

		Current Month					Cumulative						Current Month			Cumulative			Current Month				Cumulative								Current Month						Cumulative
Modification Type

		Count			Scheduled Balance		Count		Scheduled Balance			Count			Scheduled Balance	Count	Scheduled Balance	Count		Scheduled Balance			Count		Scheduled Balance					Count					Scheduled Balance		Count		Scheduled Balance


Group I	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0				0.00


	Other Modifications		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0		0.00



Group II	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0				0.00


	Other Modifications		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0		0.00



Group III	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0				0.00


	Other Modifications		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00			0				0.00			0					0.00		0		0.00



Deal Totals	Capitalizations		0		0.00		0			0.00			0		0.00	0	0.00	0		0.00		0				0.00			0					0.00		0				0.00


	Other Modifications

		0		0.00		0		0.00			0			0.00	0	0.00	0		0.00		0			0.00				0					0.00		0			0.00

05/24/2006

5:39:52PM

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

Page 14 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

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


	Group III	Beginning Aggregate Scheduled Balance			0.00								0.00						0.00		0.00			0


		Principal Portion of Loss					0.00							0.00						0.00	0.00				0.00



		Interest Portion of Loss						0.00						0.00						0.00	0.00				0.00


		Total Realized Loss		0.00								0.00					0.00				0.00	0.00


		Loss Count							0				0					0			0					0


		Beginning Aggregate Scheduled Balance							0.00				0.00					0.00			0.00					0.00
	Deal Totals



		Principal Portion of Loss							0.00				0.00					0.00			0.00					0.00


		Interest Portion of Loss						0.00					0.00					0.00			0.00					0.00


		Total Realized Loss					0.00				0.00					0.00					0.00		0.00


B. Cumulative Realized Losses

			Cumulative Realized Losses		Liquidations					Charge-Offs					Servicing Modifications						Bankruptcy Losses	Total


	Group I	Loss Count			0								0					0			0			0


		Total Realized Loss				0.00								0.00						0.00	0.00				0.00

05/24/2006

5:39:52PM

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

Page 15 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006



		Group II	Loss Count		0								0							0		0		0


			Total Realized Loss				0.00							0.00							0.00	0.00			0.00



		Group III	Loss Count		0								0							0		0		0


			Total Realized Loss				0.00							0.00							0.00	0.00			0.00



		Deal Totals	Loss Count					0					0							0		0	0


			Total Realized Loss				0.00						0.00							0.00		0.00	0.00



C. Subsequent Recoveries

				Subsequent Recoveries		Current Period												Cumulative


			Subsequent Recoveries Count							0					0
		Group I
			Subsequent Recoveries								0.00					0.00


			Net Loss 1								0.00						0.00


			Net Loss % 2									0.00%							0.00%


			Subsequent Recoveries Count							0					0
		Group II
			Subsequent Recoveries								0.00					0.00


			Net Loss 1								0.00						0.00


			Net Loss % 2									0.00%							0.00%


			Subsequent Recoveries Count							0					0
		Group III
			Subsequent Recoveries								0.00					0.00


			Net Loss 1								0.00						0.00


			Net Loss % 2									0.00%							0.00%


			Subsequent Recoveries Count								0				0


			Subsequent Recoveries								0.00				0.00
		Deal Totals


			Net Loss 1								0.00				0.00



			Net Loss % 2						0.00%						0.00%

	1 Total Realized Loss less Subsequent Recoveries
	2 Net Loss % of Original Balance

05/24/2006

5:39:52PM

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

Page 16 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006

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%

Group

Monthly Default Rate

0.00%

III

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

E. Special Hazard, Fraud Loss, and Bankruptcy

Special Hazard Amount

Fraud Loss Amount

Bankruptcy Amount

Deal Totals

9,011,726.00

27,035,178.00

311,737.00

14. Credit Enhancement Report

Reserve Accounts

DEPOSITS

WITHDRAWALS

Ending
Balance

Description

Source

Beginning
Balance

Investment
Earnings

Other
Deposits

Draws

Releases

Carryover Shortfall Reserve Fund

Goldman Sachs & Company

0.00

05/24/2006

5:39:52PM

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

Page 17 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006



15. Distribution Percentages


		Beginning Current Super		Beginning Current	Beginning Current		Beginning Current Senior

	I	0.00000000%		0.00000000%	90.56268075%	100.00000000%



	II	0.00000000%		0.00000000%	91.21866493%	100.00000000%



	III	0.00000000%		0.00000000%	91.17070106%	100.00000000%



		Ending Percentage

	M-1		1.53600609%

	M-2		1.33125073%

	M-3		0.92151275%

	M-4		1.33113710%

	M-5		1.02400406%

	M-6		0.61437971%

	Class M Total:		6.75829044%


	B-1		0.66562536%

	B-2		0.97275840%

	B-3		0.61443606%

	Class B Total:		2.25281982%

05/24/2006

5:39:52PM

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

Page 18 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006

18. Performance Tests

Group I

Group II

Group III

Current Distribution Date >= Target Distribution

Current Distribution Date >= Target Distribution Date

False

Current Senior Pct > Initial Senior Percent

Current Senior Percentage > Original Senior Percentage

False

60+ Dlq Avg Loan Balance / Subordinate Balance

Dlq Average Loan Balance / Class M and B balance Test

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

Sr. Accel. % Trigger

Senior Accelerated Stepdown Trigger in effect?

False

Current Sub % >= 2 Times Original Sub %

Current Subordinate Percentage >= 2 Times Original Subordinate Percentage

False

Aggregate Realized Loss Pct < Scheduled Loss Pct

Aggregate Realized Loss Percentage > 2nd Scheduled Loss Percentage

False

Sr. Accel. % Trigger - Delinquent Test & Cummulati

Delinquency Test AND Aggregate Realized Loss Test

False

Sr. Accel. % Trigger - SubTest AND 2TimesTrigger

Subordinate Pct > 2X Initial Subordinate Pct AND Delinquency Test AND Aggregate Realized Loss

False

Sr. Accel. % Trigger - TriggerEvent OR 2TimesTest

Senior Accelerated Stepdown Trigger in effect?

False

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

Class M-2 Prepayment Distribution Trigger

False

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

Class M-3 Prepayment Distribution Trigger

False

05/24/2006

5:39:52PM

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

Page 19 of 20

Statement to Certificateholder

Residential Accredit Loans Inc, 2006-QO1

May 25, 2006



M-4 To B-3 BegBal/PoolBal

	Class M-4 Prepayment Distribution Trigger	False	False	False

M-5 To B-3 BegBal/PoolBal

	Class M-5 Prepayment Distribution Trigger	False	False	False

M-6 To B-3 BegBal/PoolBal

	Class M-6 Prepayment Distribution Trigger	False	False	False

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

	Class B-1 Prepayment Distribution Trigger	False	False	False

B-2, B-3 BegBal/PoolBal

	Class B-2 Prepayment Distribution Trigger	False	False	False

B-3 BegBal/PoolBal

	Class B-3 Prepayment Distribution Trigger	False	False	False



20. Comments

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

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

05/24/2006

5:39:52PM

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

Page 20 of 20



	Statement To Certificateholder



	Residential Accredit Loans Inc., 2006-QO1

	May 25, 2006








	Cash Flow Received and Uses of Funds


	Cash Flow Received		Amount

	Principal and Interest Payments		14,557,955.35
	Prepayment Premium		144,779.75
	Liquidation and Insurance Proceeds		0.00
	Subsequent Recoveries		0.00
	Repurchase Proceeds		0.00
	Other Deposits/Adjustments (including Derivative Payment)		9,634.17
	Total Deposits		14,712,369.27

	Uses of Funds		Amount

	Transfer to Certificate Account		14,682,750.58
	Reimbursed Advances and Expenses		0.00
	Master Servicing Compensation		29,618.68
	Derivative Payment		NA
	Total Withdrawals		14,712,369.26

	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-QO1 Trust 10-D