GE CAPITAL MORTGAGE SERVICES INC
424B3, 1998-02-09
ASSET-BACKED SECURITIES
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Supplement dated February 5, 1998
to Prospectus Supplement dated January 27, 1998
to Prospectus dated January 22, 1998


                           $310,670,000
                          (Approximate)

                GE Capital Mortgage Services, Inc.
                      (Seller and Servicer)

    REMIC Multi-Class Pass-Through Certificates, Series 1998-3
             Principal and interest payable monthly,
                  beginning February 25, 1998.

     Notwithstanding anything to the contrary contained in the
accompanying Prospectus Supplement, the Class A10 Certificates
(which are Book-Entry Certificates) may be held in minimum
denominations in Certificate Principal Balance of $1,000 and
integral multiples thereof.

                         -----------------

     Sales of the Class A10 Certificates may not be consummated
unless the purchaser has received both this Supplement and the
Prospectus Supplement and Prospectus.





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