STRUCTURED ASSET SECURITIES CORP
10-K, 1999-02-01
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION    
    
                              Washington D.C. 20549    
    
                                    Form 10-K    
    
Annual report pursuant to Section 13 or 15(d) of the Securities & Exchange Act
                   of 1934 For fiscal year ended 12/31/1998    
    
                        Commission file number: 033-12721    
                                            
                     Structured Asset Securities Corporation    
(AS DEPOSITOR UNDER THE TRUST AGREEMENT DATED AS OF NOVEMBER 1, 1996,PROVIDING
     FOR THE ISSUANCE OF MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1996-6)    
 ------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)    
    
                  Delaware                           74-2440850    
                  --------                           ----------    
          (State or Other Jurisdiction           (I.R.S. Employer         
             of Incorporation                 Identification Number)    
    
                                200 Vesey Street    
                            New York, New York  10285    
                        ---------------------------------    
                        (Address of Principal (Zip Code)    
                         Executive Offices)               
    
                  Registrant's telephone number:(203) 526-3305    
    
           Securities registered pursuant to Section 12(b) of the Act:    
                                            
                                      None    
                                            
           Securities registered pursuant to Section 12(g) of the Act:    
                                            
                                      None    
                                            
Indicate whether the Registrant:(1) has filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the    
preceding 12 months(or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.    
                             _X_ YES         ___ no    
                                            
                                            
    
Item 1. Business:    
    
        Not applicable    
    
    
Item 2. Properties:    
    
        Not applicable    
    
    
Item 3. Legal Proceedings:    
    
        None    
    
    
Item 4. Submission of Matters to a Vote of Security-Holders    
    
        None    
    
    
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters
    
        To the best knowledge of the registrant there is no established public
        trading market for the certificates.    
    
        There are approximately 45 holders of record as of the end of the    
        reporting year.    
    
    
Item 6. Selected Financial Data    
    
        Not applicable    
    
    
Item 7. Management's Discussion and Analysis of Financial Condition and Results
        of Operations    
    
        Not applicable    
    
    
Item 8. Financial Statements and Supplementary Data    
    
        Not applicable    
    
    
Item 9. Changes in and Disagreements With Accountants on Accounting and    
        Financial Disclosure    
    
        None    
    
    
Item 10. Directors and Executive Officers of the Registrant    
    
         Not applicable    
    
    
Item 11. Executive Compensation    
    
         Not applicable    
    
    
Item 12. Security Ownership of Certain Beneficial Owners and Management    
    
         Not applicable    
    
    
Item 13. Certain Relationships and Related Transactions    
    
         Not applicable    
    
    
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K    
    
         Not Applicable     
    
     
    
Signatures    
    
     Pursuant to the requirements of Section 13 or 15(d) of the Securities    
Exchange Act of 1934,the registrant has duly caused this report to be signed on
its behalf by  the undersigned thereunto duly authorized.    
    
Date: 01/29/99
    
Structured Asset Securities Corporation by U.S. Bank National Association fka 
First Trust National Association, as Trustee for Structured Asset Securities  
Corporation Mortgage Pass-Through Certificates, Series 1996-6,    
    
By:    /s/ Eve Kaplan    
   --------------------------------------    
Name:    Eve Kaplan    
Title:   Vice President    
Company: U.S. Bank National Association fka First Trust National Association
    
    



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