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September 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.21
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1998-12
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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 77,476,603 6.00000% 387,383.01 1,873,357.62 2,260,740.63 75,603,245.25
A-5 57,289,762 2.19478% 417,703.94 (265,504.95) 152,198.99 57,555,266.59
A-6 2,291,590 0.12673% 16,708.16 (10,620.21) 6,087.95 2,302,209.93
A-7 11,184,176 7.47000% 69,621.49 0.00 69,621.49 11,184,175.61
A-8 3,728,059 4.59000% 14,259.82 0.00 14,259.82 3,728,058.54
A-9 2,052,508 6.75000% 11,545.35 (11,545.35) 0.00 2,064,052.92
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 0.13833% 17,901.17 0.00 17,901.17 0.00
B-1 5,194,811 6.75000% 29,220.81 5,242.02 34,462.83 5,189,568.53
B-2 2,597,405 6.75000% 14,610.40 2,621.01 17,231.41 2,594,784.26
B-3 1,093,665 6.75000% 6,151.87 1,103.60 7,255.47 1,092,561.39
B-4 820,249 6.75000% 4,613.90 827.70 5,441.60 819,421.04
B-5 546,833 6.75000% 3,075.93 551.80 3,627.73 546,280.70
B-6 683,578 6.75000% 3,845.12 689.79 4,534.91 682,887.88
$ 251,475,236 $ 1,439,261.12 $1,596,723.03 $ 3,035,984.15 $249,878,512.64
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