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                      SECURITIES AND EXCHANGE COMMISSION
                                       
                            Washington, D.C.  20549
                                       
                                   Form 8-K
                                       
                                CURRENT REPORT
                                       
                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
                                       
                                       
               Date of Report (Date of earliest event reported):
                                SEPTEMBER 20, 1996
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           AMRESCO Residential Securities Corporation on behalf of:
                                       
      AMRESCO RESIDENTIAL SECURITIES CORPORATION MORTGAGE LOAN TRUST 1996-4
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            (Exact name of registrant as specified in its charter)
                                       
                                       
                                       
                                       
                                                                   
                                                                   
              New York                 333-08687-01           Pending
  (State or Other Jurisdiction of    (Commission File     (I.R.S. Employer
           Incorporation)                Number)         Identification No.)
                  
     c/o Bankers Trust Company                                     
        Four Albany Street                                        
        New York, New York                                     10006
(Address of Principal Executive Offices)                     (Zip Code)
                                       
       Registrant's telephone number, including area code (714) 253-7575
                                                          --------------
                                   NO CHANGE
         ------------------------------------------------------------
         (Former name or former address, if changed since last report)
                                       
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Item 5.   OTHER EVENTS.

          Information relating to the distributions to Certificateholders for 
the period from October 31, 1996 to November 25, 1996 (the "Monthly Period") 
of the AMRESCO Residential Securities Corporation Mortgage Loan Trust 1996-4 
(the "Registrant" or "Trust") in respect of the Mortgage Loan Asset Backed 
Certificates, Series 1996-4, Class A (the "Certificates") issued by the 
Registrant and the performance of the Trust (including distributions of 
principal and interest, delinquent balances of mortgage loans, and the 
subordinated amount remaining), together with certain other information 
relating to the Certificates, is contained in the Monthly Report for the 
Monthly Period provided to Certificateholders pursuant to the Pooling and 
Servicing Agreement dated as of August 1, 1996, among AMRESCO Residential 
Securities Corporation in its capacity as Depositor, AMRESCO Residential 
Mortgage Corporation in its capacity as the Seller, Long Beach Mortgage 
Company, Option One Mortgage Corporation and Advanta Mortgage Corp. USA as 
the Servicers, and Bankers Trust Company of California, N.A., a national 
banking association, in its capacity as the trustee.

Item 7.   EXHIBITS:

          Monthly Report for the Monthly Period relating to the Certificates 
issued by the Trust.

                                  SIGNATURE


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                  By: AMRESCO Residential Securities Corporation

                                   By: /s/RONALD B. KIRKLAND
                                       ---------------------
                                      Name:   Ronald B. Kirkland
                                      Title:  Vice President and
                                              Chief Accounting Officer



Dated:  December 4, 1996