<TABLE>
October 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.32
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 $ 26,633,744 6.15000% $ 136,497.94 $ 136,497.94 $ 3,081,768.96 $ 23,551,974.60
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% 81,550.33 81,550.33 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 269,679 239,361 0.00000% 0.00 0.00 347.70 239,013.34
X 0 0 0.53208% 216,273.49 216,273.49 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 21,808,565 6.35000% 115,403.65 115,403.65 395,353.65 21,413,210.95
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 30,085,358 8.94804% 224,337.51 224,337.51 132,103.27 29,953,254.40
2-A-5 23,718,000 23,718,000 7.00254% 138,405.18 138,405.18 0.00 23,718,000.00
2-A-6 41,000,000 41,000,000 7.00254% 239,253.41 239,253.41 0.00 41,000,000.00
2-A-7 19,488,000 19,488,000 7.00254% 113,721.23 113,721.23 0.00 19,488,000.00
2-A-8 31,623,346 31,623,346 7.00254% 184,536.43 184,536.43 0.00 31,623,346.00
3-A 43,636,450 31,596,235 6.70518% 176,548.56 176,548.56 384,464.96 31,211,770.14
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 7.00254% 0.00 0.00 0.00 0.00
R-IV 50 0 6.70518% 0.00 0.00 0.00 0.00
B-1 18,656,900 18,145,443 6.75000% 102,068.12 102,068.12 18,839.74 18,126,602.96
B-2 6,748,300 6,563,303 6.75000% 36,918.58 36,918.58 6,814.44 6,556,488.74
B-3 3,572,600 3,474,661 6.75000% 19,544.97 19,544.97 3,607.61 3,471,053.70
B-4 2,778,600 2,702,428 6.75000% 15,201.16 15,201.16 2,805.83 2,699,622.07
B-5 1,984,800 1,930,389 6.75000% 10,858.44 10,858.44 2,004.25 1,928,384.76
B-6 1,984,848 1,930,436 6.75000% 10,858.70 10,858.70 2,004.30 1,928,431.39
<PAGE>
September 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.32
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 $ 5,693,091 7.00254% $ 33,221.75 $ 33,221.75 $ 5,852.09 $ 5,687,239.34
2-B-2 2,688,000 2,615,768 7.00254% 15,264.18 15,264.18 2,688.82 2,613,079.56
2-B-3 1,423,000 1,384,761 7.00254% 8,080.70 8,080.70 1,423.44 1,383,337.88
2-B-4 1,106,800 1,077,058 7.00254% 6,285.12 6,285.12 1,107.14 1,075,951.06
2-B-5 790,600 769,355 7.00254% 4,489.53 4,489.53 790.84 768,564.25
2-B-6 790,639 769,393 7.00254% 4,489.76 4,489.76 790.88 768,602.48
3-B-1 446,400 394,997 6.70518% 2,207.10 2,207.10 1,916.42 393,080.62
3-B-2 156,250 138,257 6.70518% 772.54 772.54 670.79 137,587.02
3-B-3 89,250 78,973 6.70518% 441.27 441.27 383.16 78,589.71
3-B-4 156,250 138,258 6.70518% 772.54 772.54 670.79 137,587.02
3-B-5 66,950 59,241 6.70518% 331.02 331.02 287.42 58,953.29
3-B-6 89,323 79,037 6.70518% 441.63 441.63 383.47 78,653.99
1,154,784,435 789,337,339 $ 4,710,175.58 $ 4,710,175.58 $ 4,047,079.97 $ 785,290,259.06
</TABLE>
