SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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)
June 29, 1998
STRUCTURED ASSET MORTGAGE INVESMENTS INC.
(Exact name of registrant as specified in charter)
Structured Asset Mortgage Invesments Inc. (as Seller
under a Pooling Agreement dated as of
March 1, 1998, as amended by Amendment No. 1
dated as of June 30, 1998, providing for the issuance of
Structured Asset Mortgage Invesments Inc.
Pass-Through Certificates, Series 1998-2)
Delaware 333-13617 13-3633241
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
245 Park Avenue, New York, New York 10167
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 272-2000
Not Applicable
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(Former name or former address, if changed since last report.)
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Item 5. Other Events.
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Filing of Computational Materials.
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This Current Report on Form 8-K is being filed to file a copy
of the Computational Materials (as defined below) of Bear, Stearns & Co. Inc.
(an "Underwriter") in connection with the issuance of the Structured Asset
Mortgage Invesments Inc. Pass-Through Certificates, Series 1998-2. The term
"Computational Materials" shall have the meanings given in the No-Action Letter
of May 20, 1994 issued by the Securities and Exchange Commission to Kidder,
Peabody Acceptance Corporation I, Kidder, Peabody & Co. Incorporated and Kidder
Structured Asset Corporation, as supplemented in the No-Action Letters of May
27, 1994 and February 17, 1995 issued by the SEC to the Public Securities
Association.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(c) Exhibits:
Exhibit No.
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99.1 Computational Materials of Bear, Stearns & Co. Inc.
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SIGNATURES
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 INVESMENTS INC.
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(Registrant)
Date: June 29, 1998 By: /s/ Joseph T. Jurkowski, Jr.
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Name: Joseph T. Jurkowski, Jr.
Title: Vice President
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EXHIBIT INDEX
Exhibit Number Description
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99.1 Computational Materials of Bear, Stearns & Co. Inc.
EXHIBIT 99.1
This Current Report on Form 8-K is being filed to file a copy
of the Computational Materials (as defined below) of Bear, Stearns & Co. Inc.
(an "Underwriter") in connection with the issuance of the Structured Asset
Mortgage Invesments Inc. Pass-Through Certificates, Series 1998-2. The term
"Computational Materials" shall have the meanings given in the No-Action Letter
of May 20, 1994 issued by the Securities and Exchange Commission to Kidder,
Peabody Acceptance Corporation I, Kidder, Peabody & Co. Incorporated and Kidder
Structured Asset Corporation, as supplemented in the No-Action Letters of May
27, 1994 and February 17, 1995 issued by the SEC to the Public Securities
Association.
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