IMH ASSETS CORP IMPAC CMB TRUST 1998 C1 COL MOR BOND 1998 C1
15-15D, 1999-01-15
MORTGAGE BANKERS & LOAN CORRESPONDENTS
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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      333-50473            

IMPAC CMB Trust
(Exact name of registrant as specified in its charter)

c/o Wilmington Trust Company Rodney Square North
Wilmington, Delaware 19890   (302)651-1000 
Address, including zip code, and telephone number, including
area code, of registrant's principal executive offices)

Mortgage Pass-Through Certificaes Series 1998-C1  
(Title of each class of securities covered by this Form)

Not Applicable                            
(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/s 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 12h-3(b)(1)(i)       
Rule 12g-4(a)(1)(ii)	Rule 12h-3(b)(1)(ii)           
Rule 12g-4(a)(2)(i)	Rule 12h-3(b)(2)(i)       
Rule 12g-4(a)(2)(ii)	Rule 12h-3(b)(2)(ii)           
Rule 15d-6 X            

Approximate number of holders of record as of the certification
or notice date:    15                         

Pursuant to the requirements of the Securities Exchange Act 
of 1934, IMPAC CMB Trust 
has caused this certification/notice to be signed on its 
behalf by the undersigned duly authorized person.

LaSalle National Bank 

By:	/s/ Russell M. Goldenberg                    
Name:	Russell M. Goldenberg
Title: Senior Vice President

Date: January 15, 1999                       



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