Prospectus Supplement
(To Prospectus Supplement and Prospectus Dated June 25, 1998)
$150,374,200 (APPROXIMATE)
MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-WFC1
SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
DEPOSITOR
WMFC 1997-4 INC.
MORTGAGE LOAN SELLER
WILSHIRE SERVICING CORPORATION
MASTER SERVICER
In the first full paragraph on page S-61, clause (c) is changed to read as
follows:
(c) aggregate Realized Losses on the Mortgage Loans during the immediately
preceding 12 month period have not exceeded the product of (I) 1.20% and
(II) the principal balance of the Mortgage Loans as of the Cut-off Date.
In addition, notwithstanding the information contained on page S-66, the initial
Special Hazard Amount, Fraud Loss Amount and Bankruptcy Amount are approximately
$2,213,382, $5,068,815 and $50,000, respectively.
SALOMON SMITH BARNEY
The date of this Prospectus Supplement is June 30, 1998.
