<TABLE>
September 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.28
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-7
<CAPTION>
<PAGE>
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 71,212,931 6.91% 497,680 410,149 907,829 70,715,251
B-1 1,460,600 6.91% 0 8,412 8,412 1,460,600
B-2 730,300 6.91% 0 4,206 4,206 730,300
B-3 486,800 6.91% 0 2,803 2,803 486,800
B-4 243,400 6.91% 0 1,402 1,402 243,400
B-5 243,400 6.91% 0 1,402 1,402 243,400
B-6 487,181 6.91% 0 2,806 2,806 487,181
R-1 0.00 6.91% 0 0 0 0
74,864,612 497,680 431,181 928,861 74,366,932
</TABLE>