<TABLE>
October 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.22
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1998-12
<CAPTION>
<PAGE>
Principal Amt.
Outstanding Ending
Certificate Prior to Interest Interest Principal Total Certificate
Class Distribution Rate Distribution Distribution Distribution Balance
<S> <C> <C> <C> <C> <C> <C>
A-1 $ 11,195,000 6.00000% $ 55,975.00 $ 0.00 $ 55,975.00 $ 11,195,000.00
A-2 20,107,000 6.05000% 101,372.79 0.00 101,372.79 20,107,000.00
A-3 55,214,000 6.20000% 285,272.33 0.00 285,272.33 55,214,000.00
A-4 75,603,245 6.00000% 378,016.22 2,249,862.18 2,627,878.40 73,353,383.07
A-5 57,555,267 2.20790% 418,109.81 (297,554.83) 120,554.98 57,852,821.42
A-6 2,302,210 0.12782% 16,724.39 (11,902.20) 4,822.19 2,314,112.12
A-7 11,184,176 7.47750% 69,691.39 0.00 69,691.39 11,184,175.61
A-8 3,728,059 4.56750% 14,189.92 0.00 14,189.92 3,728,058.54
A-9 2,064,053 6.75000% 11,610.30 (11,610.30) 0.00 2,075,663.22
R-I 0 6.75000% 0.00 0.00 0.00 0.00
R-II 0 6.75000% 0.03 0.00 0.03 0.00
X 0 0.13840% 17,770.82 0.00 17,770.82 0.00
B-1 5,189,569 6.75000% 29,191.32 5,283.87 34,475.19 5,184,284.66
B-2 2,594,784 6.75000% 14,595.66 2,641.94 17,237.60 2,592,142.33
B-3 1,092,561 6.75000% 6,145.66 1,112.42 7,258.08 1,091,448.98
B-4 819,421 6.75000% 4,609.24 834.31 5,443.55 818,586.73
B-5 546,281 6.75000% 3,072.83 556.21 3,629.04 545,724.49
B-6 682,888 6.75000% 3,841.24 695.30 4,536.54 682,192.59
$ 249,878,513 $ 1,430,188.95 $1,939,918.90 $ 3,370,107.85 $247,938,593.76
</TABLE>
