FIRST UNION RESIDENTIAL SECURITIZATION TRANSACTIONS, INC.

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS that the undersigned directors and officers
of First Union Residential Securitization Transactions, Inc. (the "Corporation")
hereby constitute and appoint Brian E. Simpson, James F. Powers and Vincent
Altamura and each of them severally, the true and lawful agents and
attorneys-in-fact of the undersigned with full power and authority in said
agents and attorneys-in-fact, and in any one of them, to sign for the
undersigned and in their respective names as directors and officers of the
Corporation, a Registration Statement on Form S-3 to be filed with the
Securities and Exchange Commission under the Securities Act of 1933, as amended,
relating to the registration of Residential Mortgage Pass-Through Certificates
and to sign any and all amendments to such Registration Statement and to file
such Registration Statement, any such amendment thereto and other documents in
connection therewith.

SIGNATURE CAPACITY DATE
--------- -------- ----

/s/ BRIAN E. SIMPSON President & Director (Principal May 19, 1999
- ----------------------------------------------------- Executive Officer)
Brian E. Simpson

/s/ JAMES H. HATCH Senior Vice President and May 19, 1999
- ----------------------------------------------------- Treasure (Chief Financial
James H. Hatch Officer and Chief Accounting
Officer)

/s/ SALAR K. MIRRAN Director May 19, 1999
- -----------------------------------------------------
Salar K. Mirran

/s/ JULIANA C. JOHNSON Director May 19, 1999
- -----------------------------------------------------
Juliana C. Johnson