STRUCTURED ASSET MORTGAGE INVESTMENTS INC
8-K, 2000-09-15
ASSET-BACKED SECURITIES
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                                        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):August 25, 2000


                            Structured Asset Mortgage Investments, Inc.
                       Mortgage Pass-Through certificates, Series 1998-7
                   (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.)




<PAGE>


Item 5.       Other Events.


     1. A distribution  was made to the  Certificateholders  of Structured Asset
Mortgage Investments, Inc. Mortgage Pass-Through Certificates, Series 1998-7,on
August 25, 2000. 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.


              (28.27)   August 25, 2000 - Information on Distribution to
                                          Certificateholders.







<PAGE>


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:   September 15, 2000               By:      /S/Samuel Molinaro
                                                    Samuel Molinaro
                                                    Treasurer and Secretary




<PAGE>



                        Structured Asset Mortgage Investments, Inc.
                                     FORM 8-K


                                  CURRENT REPORT


                                  Exhibit Index




Exhibit No.              Description


     (28.27)          August 25, 2000 - Information on Distribution to
                                        Certificateholders






<PAGE>




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