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May 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.12
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1999-2
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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>
1-A-1 $ 6,199,000 6.05000% $31,253.29 $ 0.00 $ 31,253.29 $ 6,199,000.00
1-A-2 11,539,000 6.10000% 58,656.58 0.00 58,656.58 11,539,000.00
1-A-3 28,519,000 6.30000% 149,724.75 0.00 149,724.75 28,519,000.00
1-A-4 48,960,396 6.30000% 246,542.08 1,175,423.28 1,421,965.36 45,784,972.49
1-A-5 36,110,647 1.88882% 260,342.96 (194,613.67) 65,729.29 36,305,260.72
1-A-6 3,536,487 6.76250% 20,577.94 0.00 20,577.94 3,536,487.25
1-A-7 916,867 6.70179% 4,472.18 0.00 4,472.18 916,866.70
1-A-8 340,735 6.75000% 1,916.64 (1,916.64) 0.00 342,651.93
2-A 45,358,755 6.47006% 244,544.71 668,205.41 917,750.12 44,690,550.15
R1 0 6.75000% 0.00 0.00 0.00 0.00
R2 0 6.47006% 0.00 0.00 0.00 0.00
R4 0 6.75000% 0.00 0.00 0.00 0.00
B-1 3,128,833 6.67951% 17,415.61 3,061.95 20,477.56 3,125,770.84
B-2 1,662,223 6.67951% 9,252.22 1,626.69 10,878.91 1,660,596.63
B-3 782,258 6.67951% 4,354.18 765.54 5,119.72 781,492.11
B-4 684,451 6.67951% 3,809.77 669.82 4,479.59 683,780.90
B-5 293,223 6.67951% 1,632.13 286.95 1,919.08 292,936.04 0.00
B-6P 489,020 0.00000% 0.00 478.57 478.57 488,541.77
B-6X 0 6.67951% 2,721.97 0.00 2,721.97 0.00
3-A 76,302,350 6.75000% 428,660.81 1,020,075.81 1,448,736.62 75,282,274.52
3-X 0 1.06097% 76,491.23 0.00 76,491.23 0.00
3-B-1 5,288,033 6.75000% 29,701.09 4,100.35 33,801.44 5,283,932.34
3-B-2 2,163,264 6.75000% 12,150.32 1,677.40 13,827.72 2,161,586.49
3-B-3 1,297,939 6.75000% 7,290.08 1,006.42 8,296.50 1,296,932.78
3-B-4 865,325 6.75000% 4,860.24 670.97 5,531.21 864,654.13
3-B-5 384,621 6.75000% 2,160.29 298.24 2,458.53 384,323.28
3-B-6 562,334 6.75000% 3,158.44 436.03 3,594.47 561,898.49
R-3 0 6.75000% 0.00 0.00 0.00 0.00
$ 273,384,762 $ 1,621,689.51 $2,682,253.12 $ 4,303,942.63 $270,702,509.14
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