NORWEST ASSET SEC CORP MORT PASS THRU CERT SERI 1998-5 TRUST
15-15D, 1999-01-26
ASSET-BACKED SECURITIES
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                               United States
                   SECURITIES AND EXCHANGE COMMISSION

                               Washington, D.C.  20549


                                              FORM 15


  Certification and Notice of Termination of Registration under Section 12(g)
  of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports 
  under Sections 13 and 15(d) of the Securities Exchange Act of 1934.





  Commission File Number:       333-45021-01


                                 Norwest Asset Securities Corporation

                                 Mortgage Pass-Through Certificates
                                 Series      1998-5         Trust

  (Exact name of registrant as specified in its charter)


  c/o Norwest Bank Minnesota, N.A.
  11000 Broken Land Parkway

  Columbia, Maryland  21044
  (410) 884-2000


  (Address, including zip code, and telephone number, including area code,
  of registrant's principal executive offices)






          A1

          A10



          A11


          A12

          A13

          A14


          A15

          A2

          A3


          A4

          A5

          A6


          A7

          A8

          A9


          ALR

          APO

          AR


          B1

          B2

          B3


          B4

          B5

          M


    (Title of each class of securities covered by this Form)

                          None

  (Titles of all other classes of securities for which a duty to file reports
   under section 13(a) or 15(d) remains)



  Please place an X in the box(es) to designate the appropriate rule
  provision(s) relied upon to terminate or suspend the duty to file reports:




    Rule 12g-4(a)(1)(i)   / /

    Rule 12g-4(a)(1)(ii)  / /

    Rule 12g-4(a)(2)(i)   / /
    Rule 12g-4(a)(2)(ii)  / /
    Rule 15d-6            /X/
    Rule 12h-3(b)(1)(i)   /X/

    Rule 12h-3(b)(1)(ii)  / /

    Rule 12h-3(b)(2)(i)   / /

    Rule 12h-3(b)(2)(ii)  / /

 Approximate number of holders of record as of the certification or notice date:



                             33





       Pursuant to the requirements of the Securities Exchange Act of 1934,

                           Norwest Asset Securities Corporation

                           Mortgage Pass-Through Certificates
                           Series       1998-5              Trust

  has caused this certification/notice to be signed on its behalf by the
  undersigned duly authorized person.

  
  Date:                             1/22/1999                                  
                                                                               
  By: /S/         Sherri J. Sharps, Vice President                             
                                                                               
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              
  Instruction:  This form is required by Rules 12g-4,12h-3 and 15d-6 of the   
  General Rules and Regulations under the Securities Exchange Act of 1934.    
  The registrant shall file with the Commission three copies of Form 15, one  
  of which shall be manually signed.It may be signed by an officer of the     
  registrant, by counsel or by any other duly authorized person.The name and  
  title of the person signing the form shall  be typed or printed under the   
  signature.                                                                  
                                                                              
                                                                              
                                                                              
                                                                              
                                                                              


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