Item 2. Properties
	 The Issuer has no physical properties. The CS First Boston 	 Mortgage Securities Corporation, Series 1996-1 securities 	 represent in the aggregate the entire beneficial ownership 	 interest in a trust consisting primarily of three classes (or 	 portions of classes) of mortgage pass-through certificates, each 	 of which is part of one of 13 series of mortgage pass-through 	 certificates initially sold by the Resolution Trust Corporation 	 and acquired by the Depositor in the secondary market.
Item 3.

Item 3. Legal Proceedings
	 None.
Item 4.

Item 4. Submission of Matters to a Vote of Security Holders
	 No matters were submitted to a vote of holders of equity interest 	 during the period covered by this report through the solicitation 	 of proxies or otherwise.
			 PART II
Item 5.

Item 5. Market for the Registrant's Common Equity and Related 	 Stockholder Matters.
	 The Issuer does not issue stock. Presently, there is no 	 established trading market for the Trust's securities. The number 	 of holders for CS First Boston Mortgage Securities Corporation, 	 Series 1996-1 Trust was 11 as of December 31, 1996.
Item 8.

Item 8. Financial Statements and Supplementary Data.
	 Omitted.
Item 9.

Item 9. Changes In and Disagreement with Accountants on Accounting 	 and Financial Disclosure.
	 None.
				 PART III
Item 12.

Item 12. Security Ownership of Certain Beneficial Owners and Management.
	 None.
				 PART IV
Item 14.

Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8K
	 (a) Exhibits 	 The Following exhibits are or will be provided.
	 (Ex-99.1) Annual Report of Independent Public Accountants 			as to master servicing activities or servicing 			activities or certificate administration, as 			applicable, of:
			No exhibit will be attached as the holdings of 			the trust are restricted to securities only. The 			Annual Report of Independent Public Accountants 			is inapplicable as a result.
	 (Ex-99.2) Annual Statement of Compliance with obligations 			under the Pooling and Servicing Agreement or 			servicing agreement, as applicable.
			No exhibit will be attached as the holdings of the 			trust are restricted to securities only. The 			Annual Report of Independent Public Accountants is 			inapplicable as a result.
	 (b) No reports on From 8-K have been filed during the last 	 quarter of the period covered by this report.
	 (c) Omitted.
	 (d) Omitted.
				 SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
	 CS First Boston Mortgage Securities Corp., Series 1996-1 				(Registrant)
				 By: Norwest Bank Minnesota, N.A. 					 Certificate Administrator
				 By: /s/ Sherri J. Sharps
Date: March 21, 1997 Name: Sherri J. Sharps
				 Title: Vice president
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 OF REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF SUCH ACT.
The registrant has not sent an annual report or proxy material to its security holders. The Registrant will not send an annual report or proxy material to its security holders subsequent to the filing of this form.