PROSPECTUS SUPPLEMENT
(To Prospectus Supplement Dated October 26, 2000 and Prospectus Dated November
24, 1998)
$223,794,273
(APPROXIMATE)
CENDANT MORTGAGE CORPORATION
BISHOP'S GATE RESIDENTIAL MORTGAGE TRUST
Mortgage Loan Sellers
CENDANT MORTGAGE CORPORATION
Master Servicer
STRUCTURED ASSET MORTGAGE INVESTMENTS INC.
Seller
CDMC TRUST 2000-8
Issuer
CDMC MORTGAGE-BACKED PASS-THROUGH CERTIFICATES, SERIES 2000-8
The following statements in the Prospectus Supplement dated October 26,
2000 are modified as indicated below:
1. The last paragraph on the front cover page should be replaced with the
following:
The Underwriter will deliver to purchasers the Class P, Class X and Class R
Certificates in physical form, and the remaining Certificates set forth above in
book-entry form through The Depository Trust Company, in each case on or about
October 30, 2000.
2. The definition of "Book-Entry Certificates" on page S-5 should be
replaced with the following:
All Certificates other than the Class X, Class P and Physical
Certificates.
3. The first full paragraph on page S-18 should be replaced with the
following:
Each Class of Book-Entry Certificates will be represented initially by a
single certificate registered in the name of Cede & Co. ("Cede") as the nominee
of The Depository Trust Company ("DTC") and beneficial interests will be held by
investors through the book-entry facilities of DTC in the United States or Cedel
Bank, societe anonyme ("Cedel") or the Euroclear System ("Euroclear") in Europe
in minimum denominations of (i) in the case of the Senior Certificates (other
than the Class P, Class X and Residual Certificates), $1,000 and increments of
$1.00 in excess thereof and (ii) in the case of the Offered Subordinate
Certificates, $25,000 and increments of $1.00 in excess thereof. One Certificate
of each such Class may be issued in a different principal (or notional) amount
to accommodate the remainder of the initial principal (or notional) amount of
the Certificates of such Class. The Class P Certificates and Class X
Certificates will be issued in certificated fully-registered form in minimum
denominations of $1,000 and increments of $1.00 in excess thereof. The Residual
Certificates will be issued in certificated fully-registered form in a single
certificate of $100.
BEAR STEARNS & CO. INC.
The date of this Prospectus Supplement is October 30, 2000.
