MERRILL LYNCH MORTGAGE INVESTORS INC
8-K, 1998-12-18
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                     Date of Report (Date of earliest event
                          Reported): December 18, 1998

                      MERRILL LYNCH MORTGAGE INVESTORS, INC
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             (Exact name of registrant as specified in its charter)

          Delaware                     333-39127                13-5674085
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(State or Other Jurisdiction          (Commission            (I.R.S. Employer
     of Incorporation)                 File Number)         Identification No.)

250 Vesey Street
World Financial Center, North Tower
New York, New York                                                10281
- -----------------------------------                         ---------------
(Address of Principal                                         (Zip Code)
 Executive Offices)

        Registrant's telephone number, including area code (212) 449-1000
                                                           ----- --------

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Item 5.    Other Events.
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Filing of Derived Materials.*
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In connection with the offering of the Mortgage Loan Asset-Backed  Certificates,
Series  1998-FF3 (the  "Certificates")  Merrill  Lynch,  Pierce,  Fenner & Smith
Incorporated,  as  underwriter  of the  Certificates  (the  "Underwriter"),  has
prepared  certain  materials (the "Derived  Materials") for  distribution to its
potential  investors.  Although the  Registrant  provided the  Underwriter  with
certain  information  regarding the characteristics of the assets in the related
portfolio,  it did not participate in the preparation of the Derived  Materials.
Concurrently with the filing hereof, pursuant to Rule 311 of Regulation S-T, the
Registrant is filing certain computational materials by paper filing on Form SE.

For purposes of this Form 8-K, Derived  Materials shall mean computer  generated
tables and/or charts  displaying,  with respect to the Certificates,  any of the
following:  yield; average life, duration;  expected maturity; loss sensitivity;
cash flow  characteristics;  background  information  regarding the assets;  the
proposed  structure;  decrement  tables;  or  similar  information  (tabular  or
otherwise) of a statistical,  mathematical,  tabular or computational nature, as
well as certain matters relating to the collateral for such transaction.

Item 7.    Financial Statements, Pro Forma Financial
           -----------------------------------------
           Information and Exhibits.
           ------------------------

(a)      Not applicable.

(b)      Not applicable.

(c)      Exhibits:

         99.1         Derived Materials

______________
*        Capitalized  terms used and not otherwise defined herein shall have the
         meanings  assigned  to  them  in  the  Prospectus  and  the  Prospectus
         Supplement of Merrill Lynch Mortgage  Investors,  Inc., relating to its
         Mortgage Loan Asset-Backed Certificates Series 1998-FF3.

                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.

                                  MERRILL LYNCH MORTGAGE INVESTORS, INC

                                  By: /s/ Peter Cerwin
                                  -------------------------------------
                                  Name:  Peter Cerwin
                                  Title:  Vice President

Dated:  December 18, 1998


                                  Exhibit Index
                                  -------------

Exhibit                                                                    Page
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99.1  Derived Materials (P)                                                  5


                                                                    Exhibit 99.1

In accordance with Rule 311 of Regulation S-T, the  Computational  Materials are
being filed on paper pursuant to Form SE.



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