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June 2, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.26
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 45,510,415 6.75% 248,686 255,996 504,683 0 0 45,261,729 0
A-2 60,550,381 6.75% 4,476,356 340,596 4,816,951 0 0 56,074,381 0
A-3 45,526,720 6.75% 0 256,088 256,088 0 0 45,526,720 0
A-4 24,947,273 6.75% 0 140,328 140,328 0 0 24,947,273 0
A-5 9,978,809 6.75% 0 56,131 56,131 0 0 9,978,809 0
B 55,661,753 6.75% 1,410,107 313,097 1,723,204 0 0 54,251,646 0
C 41,629,378 6.75% 1,054,618 234,165 1,288,783 0 0 40,574,760 0
D 67,589,272 6.75% 1,712,273 380,190 2,092,462 0 0 65,876,999 0
E 39,074,325 6.75% 989,889 219,793 1,209,682 0 0 38,084,436 0
F 48,574,229 6.75% 1,230,555 273,230 1,503,785 0 0 47,343,674 0
G 13,658,280 6.75% 346,012 76,828 422,839 0 0 13,312,268 0
H 14,775,781 6.75% 200,078 83,113 283,192 4,647 0 14,571,055 174,244
X 467,476,617 0.26% N/A 29,916 29,916 N/A 0 455,803,395 N/A
PO 555,146 N/A 0 0 0 N/A 0 555,146
Residual R-1 0 6.75% 0 0.00 0.00 0.00 0 0 N/A
R-2 0 6.75% 0 0.00 0.00 0.00 0 0 N/A
R-3 0 6.75% 0 .00 0 0.00 0 0 N/A
Totals 467,476,617 2,659,472 4,647 0 455,803,395 174,244
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 6.75% 073914F24 4.162116 4.284453 757.518471
A-2 64,862,910 6.75 073914F32 68.867008 5.239937 862.677318
A-3 45,526,720 6.75 073914F40 0.000000 5.613136 997.890930
A-4 24,947,273 6.75 073914F57 0.000000 5.613136 997.890920
A-5 9,978,809 6.75 073914F65 0.000000 5.613136 997.890879
B 61,399,747 6.75 073914C27 22.966006 5.099327 883.580937
C 45,920,819 6.75 073914C35 22.966005 5.099327 883.580937
D 74,556,836 6.75 073914C43 22.966005 5.099327 883.580937
E 43,083,016 6.75 073914C50 22.976325 5.101618 883.977943
F 53,402,301 6.75 073914C68 23.043111 5.116447 886.547451
G 14,962,963 6.75 073914C76 23.124566 5.134533 889.681285
H 16,510,861 6.75 PRIVATE 12.117799 5.033885 882.513369
X 515,964,267 0.26 073914C84 0.000000 0.057982 883.401088
PO 2,008,801 N/A PRIVATE 0.000000 0.000000 276.356806
R-1 100 6.75 PRIVATE 0.000000 0.000000 0.000000
R-2 100 6.75 PRIVATE 0.000000 0.000000 0.000000
R-3 103 6.75 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 8,839,369 8.2182 129,566 61,299 190,865 0 763 8,709,802
BSMSI 9308 M 16,234,234 7.5000 89,366 101,464 190,830 0 0 16,144,867
CAPPTC 94C B-1 5,263,319 6.7500 17,521 29,606 47,127 0 0 5,245,798
CFC 9301 B-1 16,596,383 7.1250 28,855 98,541 127,396 0 0 16,567,528
CFC 9401 B-1 7,879,546 6.8750 29,755 45,143 74,898 0 0 7,849,791
CFC 9409 B-2 3,007,757 6.5000 9,577 16,292 25,869 0 0 2,998,180
CFC 9418 B-3 1,603,176 8.0000 2,669 10,688 13,356 0 0 1,600,507
CFC 9602 B-2 2,742,853 7.7500 2,812 17,714 20,526 0 0 2,740,041
CFC 9705 B-3 2,038,603 7.5000 1,930 12,741 14,671 0 0 2,036,672
CHASE 94E B-2 1,376,798 6.2500 11,441 7,171 18,612 0 0 1,365,356
CHEMPT 9601 B-3 2,298,975 7.2500 2,751 13,890 16,641 0 0 2,296,224
CITIMT 9016 B 3,106,531 9.5000 3,120,555 25,593 3,145,149 (14,024.00) 0 0
CITIMT 9205 B 6,974,067 8.0000 6,974,067 0 6,974,067 0 46,493.78 0
CITIMT 9219 B 8,588,180 7.5000 390,337 53,676 444,013 0 0 8,197,843
CITIMT 9401 B-1 9,356,604 6.5000 55,555 50,682 106,236 0 0 9,301,049
CITIMT 9405 B-1 14,711,324 6.2500 47,523 76,621 124,145 0 0 14,663,801
CITIMT 9407 B-1 8,754,922 6.2500 47,666 45,599 93,264 0 0 8,707,256
CITIMT 9410 B-1 8,027,086 6.2500 25,252 41,808 67,060 0 0 8,001,834
CITIMT 9411 B-1 14,036,708 6.2500 60,086 73,108 133,194 0 0 13,976,621
CITIMT 9413 B-2 1,125,939 6.5000 6,613 6,099 12,712 0 0 1,119,326
CITIMT 9502 B-3 1,243,542 7.5000 1,708 7,772 9,481 0 0 1,241,834
CITIMT 9601 B-1 2,417,589 7.5000 2,565 15,109 17,675 0 0 2,415,024
CITIMT 9703 B-1 1,968,119 7.2500 1,996 11,879 13,875 0 0 1,964,123
CITIMT 9703 B-2 1,968,119 7.2500 1,996 11,879 13,875 0 0 1,964,123
CITIMT 9707 B-1 1,972,967 7.0000 1,896 11,509 13,405 0 0 1,971,071
CWD 94A B-3 1,728,856 6.7500 3,598 9,725 13,323 0 0 1,725,258
CWD 94C B-2 2,682,599 6.5000 19,466 14,531 33,996 0 0 2,663,133
CWD 94G B-1 4,010,155 6.5000 10,056 21,722 33,810 0 0 3,998,067
DLJ 9403 B-1 6,391,389 6.5000 38,602 34,620 73,222 0 0 6,352,786
FBCS 9302R 1 7,491,597 7.4250 22,489 46,354 68,843 0 0 7,450,437
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 6,864,222 6.5000 25,598 37,181 62,780 0 0 6,838,623
GECAP 9416 B-2 2,867,154 6.5000 14,691 15,429 30,119 0 101.76 2,852,463
GECAP 9427 B-2 2,109,916 6.5000 7,999 11,429 19,428 0 0 2,101,916
GECAP 9507 B-2 4,666,148 7.5000 5,435 29,163 34,598 0 (0.01)4,660,713
GECAP 9615 B-1 3,002,570 7.7500 3,022 19,392 22,413 0 0 2,999,548
GECAP 9616 B-2 2,389,710 7.7500 2,540 15,433 17,974 0 0 2,387,170
GECAP 9701 B-1 3,622,631 7.5000 3,616 22,641 26,258 0 0 3,619,015
GECAP 9702 1-B-2 4,338,710 7.5000 4,513 27,117 31,630 0 0 4,334,197
GECAP 9709 1-B-1 4,629,148 7.2500 4,420 27,968 32,388 0 0 4,624,728
GECAP 9709 1-B-2 3,654,411 7.2500 3,489 22,079 25,568 0 0 3,650,922
GECAP 9709 2-B-2 2,555,441 7.0000 2,438 14,907 17,345 0 0 2,553,002
GECAP 9712 B-1 5,982,334 7.0000 5,757 34,897 40,653 0 0 5,976,578
GECAP 9712 B-2 4,722,895 7.0000 4,545 27,550 32,095 0 0 4,718,350
HMSI 9705 B-2 4,822,721 7.2500 5,337 29,137 34,474 0 0 4,817,384
MORSRV 9602 B-1 1,900,201 7.2500 4,511 11,480 15,992 0 0 1,895,689
MSCAPI 9601 B-2 2,249,847 7.2500 2,625 13,593 16,218 0 0 2,247,222
NSCOR 9604 B-1 4,612,043 7.7500 5,222 29,786 35,008 0 0 4,606,822
NSCOR 9605 B-1 4,417,688 8.0000 4,345 29,451 33,797 0 0 4,413,343
PHMSC 93E 2-B 16,450,651 7.3942 105,235 101,250 206,486 0 117 16,345,416
PHMSC 93L 3-B-3 5,000,000 6.6412 0 27,671 27,671 0 1 5,000,000
PHMSC 94A 5-B 18,557,406 6.8036 86,701 105,256 191,958 0 72 18,490,705
PHMSC 94E 2-B 29,944,658 7.3399 171,748 183,146 354,894 0 14 29,772,909
PHMSC 95A 3-B 6,092,780 8.6841 16,939 45,599 62,538 0 (1,507) 6,075,841
PNC 9502 B-3 2,555,390 7.5000 3,204 15,971 19,175 0 0 2,552,187
PNC 9702 B-2 1,698,448 7.5000 1,673 10,615 12,289 0 0 1,696,775
PNC 9705 B-2 2,560,731 7.2500 2,397 15,471 17,868 0 0 2,558,334
PNC 9705 B-3 3,414,309 7.2500 3,195 20,628 23,824 0 0 3,411,113
PWMAC 9307 M-3 1,481,069 7.5000 2,684 9,257 11,940 0 0 1,478,386
PWMAC 9402 M-2 3,024,235 6.5000 14,320 16,381 30,701 0 0 3,009,915
PWMAC 9402 M-3 2,226,893 6.5000 10,544 12,062 22,607 0 0 2,216,349
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 4,360,570 7.2500 3,769 26,332 30,100 0 14 4,356,801
RAST 96A3 B-1-B 6,734,023 7.5000 6,217 42,088 48,305 0 0 6,727,806
RAST 96A4 B-2 4,820,598 7.5000 4,455 30,129 34,695 0 0 4,816,032
RFC 93S10 M-2 1,755,481 8.5000 2,206 12,345 14,640 0 0 1,753,275
RFC 93S18 M-2 5,646,109 7.5000 8,914 35,149 44,063 0 139 5,637,194
RFC 93S18 M-3 3,413,786 7.5000 5,390 21,252 26,642 0 84 3,408,396
RFC 93S21 M-3 2,451,426 7.5000 3,688 15,316 19,005 0 5 2,447,737
RFC 93S22 M-2 3,962,386 7.0000 6,378 23,106 29,484 0 7 3,956,008
RFC 93S22 M-3 2,388,509 7.0000 3,845 13,929 17,773 0 4 2,384,665
RFC 93S24 M-3 3,466,088 7.0000 5,543 20,161 25,704 0 58 3,460,545
RFC 93S26 M-2 5,127,456 7.5000 8,228 31,712 39,940 0 335 5,119,227
RFC 93S26 M-3 3,491,565 7.5000 5,603 21,594 27,197 0 228 3,485,962
RFC 93S27 M-3 1,899,325 7.5000 2,628 11,798 14,426 0 72 1,896,696
RFC 93S28 M-2 2,642,175 7.0000 8,508 15,365 23,873 0 48 2,633,666
RFC 93S28 M-3 1,762,273 7.0000 5,675 10,248 15,923 0 32 1,756,598
RFC 93S34 M-3 1,953,210 7.0000 2,993 11,296 14,289 0 98 1,950,217
RFC 94S3 M-3 1,378,026 6.7269 2,161 7,654 9,816 0 70 1,375,865
RFC 95R20 M-3 3,102,233 7.5000 4,037 38,798 42,798 0 (19,372) 3,098,196
RFC 96S10 M-2 6,403,441 7.5000 7,462 39,970 47,432 0 52 6,395,979
RFC 96S14 M-2 3,491,490 7.5000 4,774 21,795 26,569 0 26 3,486,716
RFC 96S14 M-3 1,745,745 7.5000 2,387 10,898 13,284 0 13 1,743,358
RFC 96S16 M-2 4,305,574 7.7500 4,303 27,802 32,106 0 5 4,301,270
RFC 96S18 M-2 2,572,134 8.0000 2,565 17,144 19,709 0 3 2,569,570
RFC 96S23 M-2 3,085,140 7.7500 9,485 19,920 29,406 0 5 3,075,655
RFC 96S25 M-2 3,077,974 7.7500 3,112 19,870 22,981 0 9 3,075,862
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 10,321 10,321 0 49 1,500,000
RYLPT 9304 B-2 4,340,577 7.5000 13,488 27,129 40,617 0 0 4,327,089
SASCO 9601 B-1 3,076,514 7.2500 3,492 18,569 22,060 0 0 3,070,022
SASCO 9601 B-2 1,580,764 7.2500 1,796 9,550 11,346 0 0 1,578,951
SASCO 9602 B-2 2,388,550 7.0000 3,639 13,933 17,573 0 0 2,384,911
SASI 9405 B-2 4,464,984 7.0000 13,503 26,046 39,549 0 0 4,451,481
SASI 9405 B-3 3,348,739 7.0000 10,127 19,534 29,662 0 0 3,338,611
SASI 9504 B-2 4,182,551 7.5000 5,006 26,141 31,147 0 0 4,177,545
SASI 93J 3-B 14,368,119 6.8080 61,061 81,454 142,515 0 62 14,307,058
SBMSI 92D B-4 2,733,728 8.0143 23,196 17,834 41,029 0 423 2,710,532
SBMSI 9409 B-2 3,884,337 7.0000 26,340 22,659 48,999 0 0 3,857,997
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