FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 25, 1998
Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through certificates, Series 1998-6
(Exact name of registrant as specified in its charter)
Delaware 33-44658 13-3633241
(State or other (Commission File Number) (IRS Employer Identification No.)
jurisdiction of
incorporation)
245 Park Avenue, New York, New York 10167
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 272-2000
Not Applicable
(Former name or former address, if changed since last report.)
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Item 5. Other Events.
1. A distribution was made to the Certificateholders of Structured Asset
Mortgage Investments, Inc. Mortgage Pass-Through Certificates, Series 1998-6, on
October 25, 1998. The distribution was made pursuant to the provisions of a
Polling and Servicing Agreement dated February 25, 1998, between and among
Structured Asset Mortgage Investments, Inc., as Seller, and Norwest Bank
Minnesota, National Association as Trustee. Complete Certificateholder
report of the underlying Securities may-be obtain from the trustee, Norwest
Bank Minnesota, National Association.
Item 7. Financial Statements and Exhibits.
c) Exhibits.
(28.5) October 25, 1998 - Information on Distribution to
Certificateholders.
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SIGNATURE
Pursuant to the requirements 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.
Structured Asset Mortgage Investments, Inc.
(Registrant)
Date: November 8, 1998 By: /S/William J. Montgoris
William J. Montgoris
Treasurer and Secretary
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Structured Asset Mortgage Investments, Inc.
FORM 8-K
CURRENT REPORT
Exhibit Index
Exhibit No. Description
(28.5) October 25, 1998 - Information on Distribution to
Certificateholders
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<TABLE>
October 25, 1998 - INFORMATION ON DISTRIBUTION EXHIBIT 28.4
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-6
<CAPTION>
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Beginning Pass Thru Principal Interest Total Ending Cert./
Type Class Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Notional Bal.
<S> <C> <C> <C> <C> <C> <C> <C>
Senior A-I 94,941,582 7.08% 2,707,745 560,185 3,267,929 92,233,838
A-II 50,422,445 7.09% 1,085,729 298,154 1,383,884 49,336,715
A-III 39,615,055 7.07% 974,322 233,676 1,207,998 38,640,733
A-IV 25,528,483 7.03% 975,797 149,517 1,125,314 24,552,686
A-V 27,210,023 7.85% 409,341 177,966 587,307 26,800,682
B-1 7,035,752 7.16% 13,648 41,994 55,642 7,022,104
B-2 3,517,826 7.16% 6,824 20,997 27,821 3,511,002
B-3 2,110,735 7.16% 4,094 12,598 16,693 2,106,641
B-4 2,532,823 7.16% 4,913 15,118 20,031 2,527,910
B-5 1,547,820 7.16% 3,002 9,238 12,241 1,544,817
B-6 2,251,947 7.16% 4,368 13,441 17,809 2,222,938
R-1 0 7.08% 0 0 0 0.00
R-2 0 7.08% 0 0 0 0.00
256,714,492 6,189,784 1,532,884 7,722,668 250,500,068
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