STRUCTURED ASSET MORTGAGE INVESTMENTS INC
8-K, EX-28.15, 2000-10-16
ASSET-BACKED SECURITIES
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              September 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.15
                                 TO CERTIFICATEHOLDERS



Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1999-4
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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>
      R     $            0       7.25000%   $         0.00    $      0.00    $         0.00  $           0.00
     A-1       106,363,894       7.25000%       642,615.19   2,629,839.93      3,272,455.12    103,734,053.74
     A-2        49,650,455       7.25000%       299,971.50           0.00        299,971.50     49,650,455.00
     A-3        25,338,565       7.25000%       153,087.16     288,777.93        441,865.09     25,049,786.74
     A-4         8,257,000       7.25000%        49,886.04           0.00         49,886.04      8,257,000.00
     A-5         2,234,638       7.25000%        13,500.94           0.00         13,500.94      2,234,638.00
     A-6         1,000,000       7.25000%         6,041.67           0.00          6,041.67      1,000,000.00
     A-7         1,000,000       7.25000%         6,041.67           0.00          6,041.67      1,000,000.00
      P            269,687       0.00000%             0.00         475.38            475.38        269,210.53
     X-1                 0       0.94571%        95,308.40           0.00         95,308.40              0.00
     X-2                 0       1.03537%        81,098.25           0.00         81,098.25              0.00
     B-1        10,332,294       7.25000%        62,424.28      12,951.45         75,375.73     10,319,342.40
     B-2         4,376,120       7.25000%        26,439.06       5,485.43         31,924.49      4,370,634.62
     B-3         2,552,646       7.25000%        15,422.24       3,199.72         18,621.96      2,549,446.19
     B-4         1,458,641       7.25000%         8,812.62       1,828.39         10,641.01      1,456,812.27
     B-5           972,493       7.25000%         5,875.48       1,219.01          7,094.49        971,274.12
     B-6         1,122,805       7.25000%         6,783.61       1,407.43          8,191.04      1,108,850.27

              $214,929,237                 $  1,473,308.11  $2,945,184.67   $  4,418,492.78   $211,971,503.88


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