UNITED STATES
                       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 28, 2006


                    RESIDENTIAL ASSET SECURITIES CORPORATION,
                   on behalf of the RASC Series 2006-KS8 Trust
             (Exact name of registrant as specified in its charter)

           Delaware                  333-131209-10               51-0362653
 (State or other jurisdiction   (Commission File Number)       (IRS Employer
      of incorporation)                                     Identification No.)

    8400 Normandale Lake Boulevard, Suite 250
              Minneapolis, Minnesota                               55437
     (Address of principal executive office)                     (Zip Code)

                                 (952) 857-7000
              (Registrant's telephone number, including area code )


                                       N/A
             (Former name or address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communication  pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))



<PAGE>


                    INFORMATION TO BE INCLUDED IN THE REPORT

SECTION 8 - OTHER EVENTS.

ITEM 8.01.     OTHER EVENTS.


On September  28, 2006,  Residential  Asset  Securities  Corporation  caused the
issuance and sale of the Residential  Asset  Securities  Corporation Home Equity
Mortgage Asset-Backed Pass-Through Certificates,  Series 2006-KS8, pursuant to a
Pooling  and  Servicing  Agreement,   dated  as  of  September  1,  2006,  among
Residential  Asset Securities  Corporation,  as depositor,  Residential  Funding
Corporation,  as master  servicer and the U.S.  Bank  National  Association,  as
trustee.   The  mortgage  loans  were  sold  to  Residential   Asset  Securities
Corporation  pursuant to an Assignment  and  Assumption  Agreement,  dated as of
September 28, 2006,  between  Residential  Funding  Corporation  and Residential
Asset Securities Corporation.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 (D). EXHIBITS.


        (d)    Exhibits:  The following execution copies of Exhibits to the Form
               S-3 Registration Statement of the Registrant are hereby filed.

                  10.1    Pooling and Servicing Agreement, dated as of September
                          1,   2006,   among    Residential   Asset   Securities
                          Corporation,   as   depositor,   Residential   Funding
                          Corporation, as master servicer and U.S. Bank National
                          Association, as trustee.

                  10.2    Assignment  and  Assumption  Agreement,  dated  as  of
                          September  28,  2006,  between   Residential   Funding
                          Corporation   and   Residential    Asset    Securities
                          Corporation.

                  10.3    Confirmation,  ISDA Master Agreement, ISDA Schedule to
                          the Master  Agreement and ISDA Credit Support Annex to
                          the Schedule to the ISDA Master  Agreement,  all dated
                          as of September  28, 2006,  between U.S. Bank National
                          Association,  as trustee on behalf of the RASC  Series
                          2006-KS8 Trust, and Barclays Bank PLC.

                  99.1    Mortgage Loan Schedule.



<PAGE>


                                   SIGNATURES

        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.


                                   RESIDENTIAL ASSET SECURITIES CORPORATION



                                   By: /s/ Tim Jacobson
                                   Name: Tim Jacobson
                                   Title:Vice President




Dated:  September 28, 2006



<PAGE>


                                  Exhibit Index


Exhibit No.                  Description

10.1 Pooling and  Servicing  Agreement,  dated as of  September  1, 2006,  among
     Residential Asset Securities Corporation, as depositor, Residential Funding
     Corporation,  as master  servicer and U.S.  Bank National  Association,  as
     trustee.

10.2 Assignment  and  Assumption  Agreement,  dated as of  September  28,  2006,
     between  Residential  Funding  Corporation and Residential Asset Securities
     Corporation.

10.3 Confirmation,  ISDA Master Agreement, ISDA Schedule to the Master Agreement
     and ISDA Credit Support Annex to the Schedule to the ISDA Master Agreement,
     all dated as of September 28, 2006, between U.S. Bank National Association,
     as trustee on behalf of the RASC Series 2006-KS8  Trust,  and Barclays Bank
     PLC.

99.1 Mortgage Loan Schedule.
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{"company-data": {"conformed-name": "RASC Series 2006-KS8 Trust", "cik": "0001374220", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-131209-10", "film-number": "061142255"}, "business-address": {"street1": "8400 NORMANDALE LAKE BLVD", "street2": "SUITE 600", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437", "phone": "9528327000"}, "mail-address": {"street1": "8400 NORMANDALE BLVD STE 6", "street2": "8400 NORMANDALE BLVD STE 6", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437"}}
UNITED STATES
                       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 28, 2006

                    RESIDENTIAL ASSET SECURITIES CORPORATION,
                   on behalf of the RASC Series 2006-KS8 Trust
             (Exact name of registrant as specified in its charter)

           Delaware                  333-131209-10               51-0362653
 (State or other jurisdiction   (Commission File Number)       (IRS Employer
      of incorporation)                                     Identification No.)

    8400 Normandale Lake Boulevard, Suite 250
              Minneapolis, Minnesota                               55437
     (Address of principal executive office)                     (Zip Code)

                                 (952) 857-7000
              (Registrant's telephone number, including area code )

                                       N/A
             (Former name or address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communication  pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
INFORMATION TO BE INCLUDED IN THE REPORT

SECTION 8 - OTHER EVENTS.

ITEM 8.01.     OTHER EVENTS.

On September  28, 2006,  Residential  Asset  Securities  Corporation  caused the
issuance and sale of the Residential  Asset  Securities  Corporation Home Equity
Mortgage Asset-Backed Pass-Through Certificates,  Series 2006-KS8, pursuant to a
Pooling  and  Servicing  Agreement,   dated  as  of  September  1,  2006,  among
Residential  Asset Securities  Corporation,  as depositor,  Residential  Funding
Corporation,  as master  servicer and the U.S.  Bank  National  Association,  as
trustee.   The  mortgage  loans  were  sold  to  Residential   Asset  Securities
Corporation  pursuant to an Assignment  and  Assumption  Agreement,  dated as of
September 28, 2006,  between  Residential  Funding  Corporation  and Residential
Asset Securities Corporation.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 (D). EXHIBITS.

        (d)    Exhibits:  The following execution copies of Exhibits to the Form
               S-3 Registration Statement of the Registrant are hereby filed.

                  10.1    Pooling and Servicing Agreement, dated as of September
                          1,   2006,   among    Residential   Asset   Securities
                          Corporation,   as   depositor,   Residential   Funding
                          Corporation, as master servicer and U.S. Bank National
                          Association, as trustee.

                  10.2    Assignment  and  Assumption  Agreement,  dated  as  of
                          September  28,  2006,  between   Residential   Funding
                          Corporation   and   Residential    Asset    Securities
                          Corporation.

                  10.3    Confirmation,  ISDA Master Agreement, ISDA Schedule to
                          the Master  Agreement and ISDA Credit Support Annex to
                          the Schedule to the ISDA Master  Agreement,  all dated
                          as of September  28, 2006,  between U.S. Bank National
                          Association,  as trustee on behalf of the RASC  Series
                          2006-KS8 Trust, and Barclays Bank PLC.

                  99.1    Mortgage Loan Schedule.
SIGNATURES

        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.

                                   RESIDENTIAL ASSET SECURITIES CORPORATION

                                   By: /s/ Tim Jacobson
                                   Name: Tim Jacobson
                                   Title:Vice President

Dated:  September 28, 2006
Exhibit Index

Exhibit No.                  Description

10.1 Pooling and  Servicing  Agreement,  dated as of  September  1, 2006,  among
     Residential Asset Securities Corporation, as depositor, Residential Funding
     Corporation,  as master  servicer and U.S.  Bank National  Association,  as
     trustee.

10.2 Assignment  and  Assumption  Agreement,  dated as of  September  28,  2006,
     between  Residential  Funding  Corporation and Residential Asset Securities
     Corporation.

10.3 Confirmation,  ISDA Master Agreement, ISDA Schedule to the Master Agreement
     and ISDA Credit Support Annex to the Schedule to the ISDA Master Agreement,
     all dated as of September 28, 2006, between U.S. Bank National Association,
     as trustee on behalf of the RASC Series 2006-KS8  Trust,  and Barclays Bank
     PLC.

99.1 Mortgage Loan Schedule.