<TABLE>
September 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.31
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1998-1
<CAPTION>
<PAGE>
Principal Amt. Ending
Original Outstanding Principal
Certificate Principal Prior to Interest Interest Interest Principal Amount
Class Amount Distribution Rate Accrued Distribution Distribution Outstanding
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 $ 49,765,000 $ 30,223,850 6.15000% $ 154,897.23$ 154,897.23 $ 3,590,106.63 $ 26,633,743.56
A-2 29,066,000 29,066,000 6.15000% 148,963.25 148,963.25 0.00 29,066,000.00
A-3 10,959,000 10,959,000 6.20000% 56,621.50 56,621.50 0.00 10,959,000.00
A-4 54,926,000 54,926,000 6.25000% 286,072.92 286,072.92 0.00 54,926,000.00
A-5 49,041,000 49,041,000 6.35000% 259,508.63 259,508.63 0.00 49,041,000.00
A-6 43,048,000 43,048,000 6.50000% 233,176.67 233,176.67 0.00 43,048,000.00
A-7 5,717,000 5,717,000 6.65000% 31,681.71 31,681.71 0.00 5,717,000.00
A-8 0 0 6.75000% 83,345.38 83,345.38 0.00 0.00
A-9 240,377,000 81,017,914 6.75000% 455,725.77 455,725.77 0.00 81,017,913.79
A-10 41,553,000 41,553,000 6.75000% 233,735.63 233,735.63 0.00 41,553,000.00
A-11 96,678,264 0 7.52500% 0.00 0.00 0.00 0.00
A-12 25,064,736 0 3.76071% 0.00 0.00 0.00 0.00
A-13 8,860,250 8,860,250 7.00000% 51,684.79 51,684.79 0.00 8,860,250.00
A-14 17,426,750 17,426,750 7.00000% 101,656.04 101,656.04 0.00 17,426,750.00
A-15 1,000,000 1,000,000 6.75000% 5,625.00 5,625.00 0.00 1,000,000.00
A-16 1,000,000 1,000,000 7.25000% 6,041.67 6,041.67 0.00 1,000,000.00
A-17 4,041,000 4,041,000 5.00000% 16,837.50 16,837.50 0.00 4,041,000.00
A-18 79,391,221 79,391,221 6.75000% 446,575.62 446,575.62 0.00 79,391,221.00
P 269,679 239,647 0.00000% 0.00 0.00 285.59 239,361.04
X 0 0 0.53208% 218,281.01 218,281.01 0.00 0.00
2-A-1 26,972,970 0 6.40000% 0.00 0.00 0.00 0.00
2-A-2 31,103,944 23,096,508 6.35000% 122,219.02 122,219.02 1,287,943.59 21,808,564.61
2-A-3 88,152,745 88,152,745 6.50000% 477,494.04 477,494.04 0.00 88,152,745.00
2-A-4 41,525,070 30,515,710 8.94911% 227,573.81 227,573.81 430,352.81 30,085,357.67
2-A-5 23,718,000 23,718,000 7.00275% 138,409.30 138,409.30 0.00 23,718,000.00
2-A-6 41,000,000 41,000,000 7.00275% 239,260.54 239,260.54 0.00 41,000,000.00
2-A-7 19,488,000 19,488,000 7.00275% 113,724.62 113,724.62 0.00 19,488,000.00
2-A-8 31,623,346 31,623,346 7.00275% 184,541.92 184,541.92 0.00 31,623,346.00
3-A 43,636,450 32,218,205 6.70241% 179,949.58 179,949.58 621,970.14 31,596,235.10
R-I 50 0 6.75000% 0.00 0.00 0.00 0.00
R-II 50 0 6.75000% 0.00 0.00 0.00 0.00
R-III 50 0 7.00275% 0.00 0.00 0.00 0.00
R-IV 50 0 6.70241% 0.00 0.00 0.00 0.00
B-1 18,656,900 18,164,121 6.75000% 102,173.18 102,173.18 18,677.84 18,145,442.70
B-2 6,748,300 6,570,059 6.75000% 36,956.58 36,956.58 6,755.87 6,563,303.17
B-3 3,572,600 3,478,238 6.75000% 19,565.09 19,565.09 3,576.61 3,474,661.31
B-4 2,778,600 2,705,210 6.75000% 15,216.80 15,216.80 2,781.72 2,702,427.90
B-5 1,984,800 1,932,376 6.75000% 10,869.62 10,869.62 1,987.03 1,930,389.01
B-6 1,984,848 1,932,423 6.75000% 10,869.88 10,869.88 1,987.08 1,930,435.69
<PAGE>
September 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.31
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-1
<CAPTION>
<PAGE>
Principal Amt. Ending
Original Outstanding Principal
Certificate Principal Prior to Interest Interest Interest Principal Amount
Class Amount Distribution Rate Accrued Distribution Distribution Outstanding
<S> <C> <C> <C> <C> <C> <C> <C>
2-B-1 $ 5,850,300 $ 5,698,892 7.00275% $ 33,256.59 $ 33,256.59 $ 5,800.96 $ 5,693,091.43
2-B-2 2,688,000 2,618,434 7.00275% 15,280.19 15,280.19 2,665.33 2,615,768.38
2-B-3 1,423,000 1,386,172 7.00275% 8,089.18 8,089.18 1,411.00 1,384,761.31
2-B-4 1,106,800 1,078,156 7.00275% 6,291.71 6,291.71 1,097.47 1,077,058.20
2-B-5 790,600 770,139 7.00275% 4,494.24 4,494.24 783.93 769,355.09
2-B-6 790,639 770,177 7.00275% 4,494.46 4,494.46 783.97 769,393.36
3-B-1 446,400 396,908 6.70241% 2,216.87 2,216.87 1,911.15 394,997.05
3-B-2 156,250 138,927 6.70241% 775.95 775.95 668.95 138,257.81
3-B-3 89,250 79,355 6.70241% 443.22 443.22 382.10 78,972.86
3-B-4 156,250 138,927 6.70241% 775.95 775.95 668.95 138,257.81
3-B-5 66,950 59,527 6.70241% 332.48 332.48 286.63 59,240.71
3-B-6 89,323 79,420 6.70241% 443.59 443.59 382.41 79,037.46
1,154,784,435 795,320,607 $ 4,746,148.73 $ 4,746,148.73 $ 5,983,267.76 $ 789,337,339.02
</TABLE>
