STRUCTURED ASSET SECURITIES CORP SERIES 1998-ALS1
15-15D, 1999-01-29
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  333-47499-05

         STRUCTURED ASSET SECURITIES CORPORATION (as depositor under the 
         Trust Agreement, dated as of October 1, 1998, providing for the 
         issuance of Structured Asset Securities Corporation Mortgage 
         Pass-Through Certificates, Series 1998-ALS1)


    Three World Financial Center, 200 Vesey St., New York, New York, 10022 
                              (212) 526-5594
   (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

   Structured Asset Securities Corporation Mortgage Pass-Through Certificates, 
                            Series 1998-ALS1
            (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 12h-3(b)(1)(i)     X
  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

    Approximate  number of holders of record as of the  certification  or notice
date: 8

    Pursuant to the requirements of the Securities Exchange Act of 1934, Issuer
of the Structured Asset Securities Corporation Mortgage Pass-Through 
Certificates, Series 1998-ALS1, has caused this certification/notice to 
be signed on its behalf by the undersigned duly authorized person.

Date:  January 29, 1999         By:   /s/ Kimberly K. Costa
                                     ---------------------------
                                     Second Vice President




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