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October 1, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.31
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-2
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Beginning Pass Thru Principal Interest Total Principal Int. Ending Cert./ Deferred
Type Class Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Short. Notional Bal. Amounts
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Senior A-1 45,132,690 6.750000% 46,927 253,871 300,799 0 0 45,085,762 0
A-2 53,751,322 6.750000% 844,694 302,351 1,147,045 0 0 52,906,628 0
A-3 45,526,720 6.750000% 0 256,088 256,088 0 0 45,526,720 0
A-4 24,947,273 6.750000% 0 140,328 140,328 0 0 24,947,273 0
A-5 9,978,809 6.750000% 0 56,131 56,131 0 0 9,978,809 0
B 53,521,173 6.750000% 262,472 301,057 563,528 0 0 53,258,702 0
C 40,028,440 6.750000% 196,302 225,160 421,462 0 0 39,832,138 0
D 64,989,996 6.750000% 318,715 365,569 684,284 0 0 64,671,281 0
E 37,571,647 6.750000% 184,254 211,341 395,594 0 0 37,387,393 0
F 46,706,214 6.750000% 229,050 262,722 491,773 0 0 46,477,163 0
G 13,133,025 6.750000% 64,405 73,873 138,279 0 0 13,068,619 0
H 14,379,498 6.750000% 56,988 80,885 137,873 0 0 14,308,980 18
X 449,666,807 0.273321% N/A 102,419 102,419 N/A 0 447,449,468 N/A
PO 541,122 N/A 0 0 0 N/A 0 541,122
Residual R-1 0 6.750000% 0 0.00 0.00 0.00 0 0 N/A
R-2 0 6.750000% 0 0.00 0.00 0.00 0 0 N/A
R-3 0 6.750000% 0 0.00 0.00 0.00 0 0 N/A
Totals 449,666,807 2,203,809 2,631,795 4,835,604 0 0 447,449,468 18
Factors per $1,000
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
Senior A-1 59,623,983 6.750000% 073914F24 0.787057 4.257874 756.168237
A-2 64,862,910 6.750000% 073914F32 13.022761 4.661388 815.668435
A-3 45,526,720 6.750000% 073914F40 0.000000 5.625000 1,000.000000
A-4 24,947,273 6.750000% 073914F57 0.000000 5.625000 1,000.000000
A-5 9,978,809 6.750000% 073914F65 0.000000 5.625000 1,000.000000
B 61,399,747 6.750000% 073914C27 4.274798 4.903222 867.409138
C 45,920,819 6.750000% 073914C35 4.274798 4.903222 867.409138
D 74,556,836 6.750000% 073914C43 4.274798 4.903222 867.409138
E 43,083,016 6.750000% 073914C50 4.276719 4.905425 867.798878
F 53,402,301 6.750000% 073914C68 4.289150 4.919684 870.321357
G 14,962,963 6.750000% 073914C76 4.304312 4.937075 873.397834
H 16,510,861 6.750000% PRIVATE 3.451562 4.898877 866.640453
X 515,964,267 0.273321% 073914C84 0.000000 0.198501 867.210187
PO 2,008,801 N/A PRIVATE 0.000009 0.000000 269.375506
R-1 100 6.750000% PRIVATE 0.000000 0.000000 0.000000
R-2 100 6.750000% PRIVATE 0.000000 0.000000 0.000000
R-3 103 6.750000% 073914F73 0.000000 0.000000 0.000000
Totals 514,776,541
Beginning Pass Thru Prin. Int. Total Prin. Int. Ending
Issue Cert. Bal. Rate Dist. Amt.Dist. Amt. Dist. Losses Shortfall Cert. Bal.
AMERT 9303 3B 8,227,478 8.2182 110,527 56,153 166,680 0 193 8,116,951
BSMSI 9308 M 16,005,978 7.5000 119,820 100,037 219,857 0 0 15,886,158
CAPPTC 94C B-1 5,161,229 6.7500 34,462 29,032 63,494 0 0 5,126,767
CFC 9301 B-1 16,374,560 7.1250 54,506 97,224 151,730 0 0 16,320,054
CFC 9401 B-1 7,711,737 6.8750 30,747 44,182 74,929 0 0 7,680,990
CFC 9409 B-2 2,954,675 6.5000 13,897 16,004 29,902 0 0 2,940,777
CFC 9418 B-3 1,577,271 8.0000 16,390 10,515 26,905 0 0 1,560,882
CFC 9602 B-2 2,731,459 7.7500 2,912 17,641 20,553 0 0 2,728,547
CFC 9705 B-3 2,029,210 7.5000 1,987 12,683 14,669 0 0 2,027,223
CHASE 94E B-2 1,317,481 6.2500 18,378 6,862 25,240 0 0 1,299,103
CHEMPT 9601 B-3 2,284,952 7.2500 2,882 13,805 16,687 0 0 2,282,070
CITIMT 9016 B 0 9.5000 0 0 0 0 0 0
CITIMT 9205 B 0 8.0000 0 0 0 0 0 0
CITIMT 9219 B 7,334,093 7.5000 364,253 45,838 410,091 0 0 6,969,840
CITIMT 9401 B-1 9,171,772 6.5000 38,354 49,680 88,034 0 0 9,133,418
CITIMT 9405 B-1 14,426,185 6.2500 43,827 75,136 118,964 0 0 14,382,358
CITIMT 9407 B-1 8,521,858 6.2500 39,301 44,384 83,685 0 0 8,482,557
CITIMT 9410 B-1 7,892,177 6.2500 68,028 41,105 109,133 0 0 7,824,149
CITIMT 9411 B-1 13,843,254 6.2500 104,370 72,100 176,470 0 0 13,738,884
CITIMT 9413 B-2 1,109,970 6.5000 8,556 6,012 14,568 0 0 1,101,414
CITIMT 9502 B-3 1,236,615 7.5000 1,776 7,729 9,505 0 0 1,234,839
CITIMT 9601 B-1 2,407,173 7.5000 2,663 15,005 17,668 0 40 2,404,510
CITIMT 9703 B-1 1,958,108 7.2500 2,028 11,830 13,858 0 0 1,956,080
CITIMT 9703 B-2 1,958,108 7.2500 2,028 11,830 13,858 0 0 1,956,080
CITIMT 9707 B-1 1,965,279 7.0000 1,966 11,464 13,430 0 0 1,963,314
CWD 94A B-3 1,688,277 6.7500 6,689 9,497 16,186 0 0 1,681,589
CWD 94C B-2 2,631,111 6.5000 4,579 14,252 18,831 0 0 2,626,532
CWD 94G B-1 3,957,089 6.5000 14,257 21,434 35,691 0 0 3,942,832
DLJ 9403 B-1 6,259,142 6.5000 34,703 33,904 68,606 0 0 6,224,439
FBCS 9302R 1 7,291,429 7.4250 27,986 45,116 73,102 13,530 0 7,249,913
Beginning Pass Thru Prin. Int. Total Prin. Int. Ending
Issue Cert. Bal. Rate Dist. Amt.Dist. Amt. Dist. Losses Shortfall Cert. Bal.
GECAP 9401 B-2 6,742,179 6.5000 26,447 36,520 62,967 0 0 6,715,732
GECAP 9416 B-2 2,811,400 6.5000 18,438 15,136 33,574 0 93 2,792,962
GECAP 9427 B-2 2,069,611 6.5000 9,348 11,210 20,558 0 0 2,060,262
GECAP 9507 B-2 4,576,524 7.5000 39,797 28,603 68,400 0 0 4,536,727
GECAP 9615 B-1 2,978,059 7.7500 3,147 19,233 22,380 0 0 2,974,912
GECAP 9616 B-2 2,379,530 7.7500 2,466 15,368 17,834 0 0 2,377,063
GECAP 9701 B-1 3,598,230 7.5000 3,709 22,489 26,197 0 0 3,594,521
GECAP 9702 1-B-2 4,314,200 7.5000 4,712 26,964 31,676 0 0 4,309,488
GECAP 9709 1-B-1 4,604,487 7.2500 4,608 27,819 32,427 0 0 4,599,879
GECAP 9709 1-B-2 3,634,943 7.2500 3,638 21,961 25,599 0 0 3,631,305
GECAP 9709 2-B-2 2,545,577 7.0000 2,489 14,849 17,338 0 0 2,543,088
GECAP 9712 B-1 5,958,958 7.0000 5,999 34,761 40,760 0 0 5,952,959
GECAP 9712 B-2 4,704,440 7.0000 4,736 27,443 32,179 0 0 4,699,704
HMSI 9705 B-2 4,799,431 7.2500 5,388 28,997 34,385 0 0 4,794,042
MORSRV 9602 B-1 1,881,947 7.2500 4,669 11,370 16,040 0 0 1,877,278
MSCAPI 9601 B-2 2,239,095 7.2500 2,827 13,528 16,355 0 0 2,236,268
NSCOR 9604 B-1 4,590,825 7.7500 5,476 29,649 35,125 0 0 4,585,349
NSCOR 9605 B-1 4,400,036 8.0000 4,453 29,333 33,870 0 0 4,395,500
PHMSC 93E 2-B 15,986,268 7.3942 101,565 98,388 199,953 0 117 15,884,702
PHMSC 93L 3-B-3 5,000,000 6.6412 0 27,669 27,669 0 3 5,000,000
PHMSC 94A 5-B 18,246,308 6.8036 83,975 103,380 187,356 0 71 18,162,333
PHMSC 94E 2-B 29,440,877 7.3399 114,961 180,054 295,016 0 24 29,325,916
PHMSC 95A 3-B 0 8.6841 0 0 0 0 0 0
PNC 9502 B-3 2,534,410 7.5000 3,217 15,840 19,057 0 0 2,531,193
PNC 9702 B-2 1,684,553 7.5000 1,721 10,528 12,250 0 0 1,682,831
PNC 9705 B-2 2,551,003 7.2500 2,481 15,412 17,893 0 0 2,548,522
PNC 9705 B-3 3,401,338 7.2500 3,308 20,550 23,857 0 0 3,398,031
PWMAC 9307 M-3 1,442,634 7.5000 7,356 9,016 16,373 0 0 1,435,278
PWMAC 9402 M-2 2,978,939 6.5000 15,880 16,136 32,016 0 0 2,963,058
PWMAC 9402 M-3 2,193,539 6.5000 11,694 11,882 23,575 0 0 2,181,846
Beginning Pass Thru Prin. Int. Total Prin. Interest Ending
Issue Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfall Cert. Bal.
RALI 97QS12 M-2 4,342,502 7.2500 3,957 26,229 30,186 0 13 4,339,545
RAST 96A3 B-1-B 6,694,344 7.5000 11,178 41,840 53,018 0 0 6,683,166
RAST 96A4 B-2 4,811,170 7.5000 4,708 29,861 34,569 0 209 4,806,462
RFC 93S10 M-2 1,738,839 8.5000 2,275 12,316 14,592 0 0 1,736,563
RFC 93S18 M-2 5,490,968 7.5000 30,934 34,125 65,059 0 193 5,460,034
RFC 93S18 M-3 3,319,984 7.5000 18,703 20,632 39,336 0 118 3,301,280
RFC 93S21 M-3 2,417,509 7.5000 23,898 15,025 38,924 0 84 2,393,611
RFC 93S22 M-2 3,868,210 7.0000 21,313 22,463 43,776 0 101 3,846,897
RFC 93S22 M-3 2,331,740 7.0000 12,847 13,541 26,388 0 61 2,318,893
RFC 93S24 M-3 3,436,533 7.0000 25,242 19,923 45,165 0 124 3,411,291
RFC 93S26 M-2 5,055,956 7.5000 42,639 31,434 74,073 0 165 5,013,317
RFC 93S26 M-3 3,442,878 7.5000 29,035 21,405 50,440 0 112 3,413,843
RFC 93S27 M-3 1,865,778 7.5000 9,290 11,637 20,927 0 24 1,856,488
RFC 93S28 M-2 2,595,648 7.0000 24,139 15,084 39,222 0 58 2,571,509
RFC 93S28 M-3 1,731,241 7.0000 16,100 10,061 26,160 0 38 1,715,141
RFC 93S34 M-3 1,934,030 7.0000 0 5,503 5,503 0 5,779 1,934,030
RFC 94S3 M-3 1,369,329 6.7269 2,191 9,810 12,001 0 (2,134) 1,367,137
RFC 95R20 M-3 3,085,865 7.5000 4,141 19,282 23,423 0 5 3,081,724
RFC 96S10 M-2 6,373,003 7.5000 7,740 39,816 47,556 0 15 6,365,263
RFC 96S14 M-2 3,471,989 7.5000 5,069 21,683 26,752 0 17 3,466,919
RFC 96S14 M-3 1,735,994 7.5000 2,535 10,841 13,376 0 9 1,733,460
RFC 96S16 M-2 4,272,755 7.7500 4,238 27,573 31,811 0 22 4,268,516
RFC 96S18 M-2 2,544,498 8.0000 2,636 16,945 19,581 0 18 2,541,863
RFC 96S23 M-2 3,066,618 7.7500 3,097 19,802 22,899 0 4 3,063,520
RFC 96S25 M-2 3,065,282 7.7500 3,227 19,786 23,013 0 10 3,062,056
Beginning Pass Thru Prin. Int. Total Prin. Interest Ending
Issue Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfall Cert. Bal.
RYLPT 92A 1-B 1,500,000 8.2958 0 10,320 10,320 0 50 1,500,000
RYLPT 9304 B-2 4,274,500 7.5000 40,703 26,716 67,418 0 0 4,233,798
SASCO 9601 B-1 3,059,310 7.2500 3,615 18,483 22,098 0 0 3,055,696
SASCO 9601 B-2 1,573,441 7.2500 1,859 9,506 11,365 0 0 1,571,582
SASCO 9602 B-2 2,373,793 7.0000 3,770 13,847 17,617 0 0 2,370,023
SASI 9405 B-2 4,393,002 7.0000 23,132 25,626 48,758 0 0 4,369,870
SASI 9405 B-3 3,294,752 7.0000 17,349 19,219 36,568 0 0 3,277,406
SASI 9504 B-2 4,162,439 7.5000 5,123 26,015 31,138 0 0 4,157,315
SASI 93J 3-B 14,106,158 6.8080 81,977 79,964 161,941 0 65 14,024,181
SBMSI 92D B-4 2,654,851 8.0143 7,387 17,387 24,775 0 343 2,647,464
SBMSI 9409 B-2 3,798,749 7.0000 38,688 22,159 60,847 0 0 3,760,061
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