<TABLE>
August 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.30
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1998-1
<CAPTION>
<PAGE>
Principal Amt. Ending
Original Outstanding Principal
Certificate Principal Prior to Interest Interest Interest Principal Amount
Class Amount Distribution Rate Accrued Distribution Distribution Outstanding
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 $ 49,765,000 $ 34,102,958 6.15000% $ 174,777.66$ 174,777.66 $ 3,879,107.71 $ 30,223,850.19
A-2 29,066,000 29,066,000 6.15000% 148,963.25 148,963.25 0.00 29,066,000.00
A-3 10,959,000 10,959,000 6.20000% 56,621.50 56,621.50 0.00 10,959,000.00
A-4 54,926,000 54,926,000 6.25000% 286,072.92 286,072.92 0.00 54,926,000.00
A-5 49,041,000 49,041,000 6.35000% 259,508.63 259,508.63 0.00 49,041,000.00
A-6 43,048,000 43,048,000 6.50000% 233,176.67 233,176.67 0.00 43,048,000.00
A-7 5,717,000 5,717,000 6.65000% 31,681.71 31,681.71 0.00 5,717,000.00
A-8 0 0 6.75000% 85,284.94 85,284.94 0.00 0.00
A-9 240,377,000 81,017,914 6.75000% 455,725.77 455,725.77 0.00 81,017,913.79
A-10 41,553,000 41,553,000 6.75000% 233,735.63 233,735.63 0.00 41,553,000.00
A-11 96,678,264 0 7.55625% 0.00 0.00 0.00 0.00
A-12 25,064,736 0 3.64018% 0.00 0.00 0.00 0.00
A-13 8,860,250 8,860,250 7.00000% 51,684.79 51,684.79 0.00 8,860,250.00
A-14 17,426,750 17,426,750 7.00000% 101,656.04 101,656.04 0.00 17,426,750.00
A-15 1,000,000 1,000,000 6.75000% 5,625.00 5,625.00 0.00 1,000,000.00
A-16 1,000,000 1,000,000 7.25000% 6,041.67 6,041.67 0.00 1,000,000.00
A-17 4,041,000 4,041,000 5.00000% 16,837.50 16,837.50 0.00 4,041,000.00
A-18 79,391,221 79,391,221 6.75000% 446,575.62 446,575.62 0.00 79,391,221.00
P 269,679 239,951 0.00000% 0.00 0.00 304.39 239,646.63
X 0 0 0.53186% 219,928.10 219,928.10 0.00 0.00
2-A-1 26,972,970 0 6.40000% 0.00 0.00 0.00 0.00
2-A-2 31,103,944 24,410,663 6.35000% 129,173.09 129,173.09 1,314,155.23 23,096,508.20
2-A-3 88,152,745 88,152,745 6.50000% 477,494.04 477,494.04 0.00 88,152,745.00
2-A-4 41,525,070 30,954,822 8.94941% 230,856.26 230,856.26 439,111.16 30,515,710.48
2-A-5 23,718,000 23,718,000 7.00279% 138,410.15 138,410.15 0.00 23,718,000.00
2-A-6 41,000,000 41,000,000 7.00279% 239,262.00 239,262.00 0.00 41,000,000.00
2-A-7 19,488,000 19,488,000 7.00279% 113,725.31 113,725.31 0.00 19,488,000.00
2-A-8 31,623,346 31,623,346 7.00279% 184,543.05 184,543.05 0.00 31,623,346.00
3-A 43,636,450 32,417,565 6.70220% 181,057.44 181,057.44 199,359.72 32,218,205.24
R-I 50 0 6.75000% 0.00 0.00 0.00 0.00
R-II 50 0 6.75000% 0.00 0.00 0.00 0.00
R-III 50 0 7.00279% 0.00 0.00 0.00 0.00
R-IV 50 0 6.70220% 0.00 0.00 0.00 0.00
B-1 18,656,900 18,182,664 6.75000% 102,277.49 102,277.49 18,543.76 18,164,120.54
B-2 6,748,300 6,576,766 6.75000% 36,994.31 36,994.31 6,707.37 6,570,059.05
B-3 3,572,600 3,481,789 6.75000% 19,585.06 19,585.06 3,550.93 3,478,237.92
B-4 2,778,600 2,707,971 6.75000% 15,232.34 15,232.34 2,761.75 2,705,209.62
B-5 1,984,800 1,934,349 6.75000% 10,880.71 10,880.71 1,972.76 1,932,376.04
B-6 1,984,848 1,934,396 6.75000% 10,880.98 10,880.98 1,972.81 1,932,422.77
<PAGE>
August 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.30
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-1
<CAPTION>
<PAGE>
Principal Amt. Ending
Original Outstanding Principal
Certificate Principal Prior to Interest Interest Interest Principal Amount
Class Amount Distribution Rate Accrued Distribution Distribution Outstanding
<S> <C> <C> <C> <C> <C> <C> <C>
2-B-1 $ 5,850,300 $ 5,704,633 7.00279% $ 33,290.29 $ 33,290.29 $ 5,741.18 $ 5,698,892.40
2-B-2 2,688,000 2,621,072 7.00279% 15,295.68 15,295.68 2,637.86 2,618,433.72
2-B-3 1,423,000 1,387,569 7.00279% 8,097.38 8,097.38 1,396.46 1,386,172.31
2-B-4 1,106,800 1,079,242 7.00279% 6,298.09 6,298.09 1,086.16 1,078,155.67
2-B-5 790,600 770,915 7.00279% 4,498.80 4,498.98 775.85 770,139.02
2-B-6 790,639 770,953 7.00279% 4,499.02 4,499.02 775.89 770,177.34
3-B-1 446,400 398,802 6.70220% 2,227.38 2,227.38 1,894.05 396,908.20
3-B-2 156,250 139,590 6.70220% 779.63 779.63 662.96 138,926.76
3-B-3 89,250 79,734 6.70220% 445.33 445.33 378.68 79,354.97
3-B-4 156,250 139,590 6.70220% 779.63 779.63 662.96 138,926.76
3-B-5 66,950 59,811 6.70220% 334.06 334.06 284.07 59,527.34
3-B-6 89,323 79,799 6.70220% 445.69 445.69 378.99 79,419.87
1,154,784,435 801,204,830 $ 4,781,260.61 $ 4,781,260.61 $ 5,884,222.70 $ 795,320,606.83
</TABLE>
