STRUCTURED ASSET MORTGAGE INVESTMENTS INC
8-K, EX-28.29, 2000-10-16
ASSET-BACKED SECURITIES
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              September 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.29
                                TO CERTIFICATEHOLDERS



Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-5
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                     Beginning      Pass Thru   Principal    Interest      Total         Ending Cert./
   Type      Class   Cert. Bal.        Rate     Dist. Amt.   Dist. Amt.     Dist.        Notional Bal.
 <S>          <C>  <C>              <C>        <C>              <C>         <C>          <C>
  Senior       A-1    7,048,864      6.51183%      122,549         38,251       160,800     6,926,314
               A-2   36,815,089      6.51183%      586,303        199,778       786,081    36,228,786
               A-3   17,303,924      6.51183%      422,394         93,900       516,294    16,881,531
               A-4    9,865,250      6.51183%            0         53,534        53,534     9,865,250
               B-1      570,249      6.51183%        5,022          3,094         8,116       565,227
               B-2      285,165      6.51183%        2,511          1,547         4,059       282,654
               B-3      228,116      6.51183%        2,009          1,238         3,247       226,107
               B-4      114,099      6.51183%        1,005            619         1,624       113,094
               B-5      114,017      6.51183%        1,004            619         1,623       113,013
               B-6      114,099      6.51183%        1,005            619         1,624       113,094
               R-1            0      6.51183%            0              0             0          0.00
               R-11           0      6.51183%            0              0             0          0.00
               R-111          0      6.51183%            0              0             0          0.00

                     72,458,872                  1,143,802        393,200     1,537,002    71,315,069


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