<TABLE>
October 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.28
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1998-8
<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>
PO $ 582,092 $ 499,827 0.00000% $ 0.00 $ 0.00 $ 7,310.45 $ 492,516.39
1-A-1 99,602,894 59,079,164 7.00000% 344,628.46 344,628.46 999,101.15 58,080,062.84
1-A-2 7,005,000 7,005,000 7.00000% 40,862.50 40,862.50 0.00 7,005,000.00
1-A-3 9,640,000 9,640,000 7.00000% 56,233.33 56,233.33 0.00 9,640,000.00
1-A-4 500,000 500,000 7.00000% 2,916.67 2,916.67 0.00 500,000.00
1-A-5 5,024,100 5,024,100 7.45625% 31,217.45 31,217.45 0.00 5,024,100.00
1-A-6 1,674,700 1,674,700 4.63125% 6,463.30 6,463.30 0.00 1,674,700.00
1-A-7 0 0 0.25000% 1,395.58 1,395.58 0.00 0.00
1-A-8 14,534,000 14,534,000 7.00000% 84,781.67 84,781.67 0.00 14,534,000.15
1-X 0 0 0.31424% 24,073.71 24,073.71 0.00 0.00
2-A-1 10,121,000 10,121,000 6.50000% 54,822.08 54,822.08 0.00 10,121,000.00
2-A-2 3,757,000 3,757,000 6.35000% 19,880.79 19,880.79 0.00 3,757,000.00
2-A-3 7,472,000 7,472,000 6.40000% 39,850.67 39,850.67 0.00 7,472,000.00
2-A-4 0 0 6.75000% 10,385.16 10,385.16 0.00 0.00
2-A-5 2,000,000 3,138,365 6.75000% 17,653.30 17,653.30 0.00 3,138,364.87
2-A-6 33,552,000 23,255,774 6.50000% 125,968.78 125,968.78 934,834.10 22,320,940.27
2-A-7 5,809,000 5,809,000 6.75000% 32,675.63 32,675.63 0.00 5,809,000.00
2-A-8 3,866,000 3,866,000 6.75000% 21,746.25 21,746.25 0.00 3,866,000.00
2-A-9 12,105,279 0 7.50625% 0.00 0.00 0.00 0.00
2-A-10 3,138,406 0 3.83328% 0.00 0.00 0.00 0.00
2-A-11 9,952,000 9,952,000 6.75000% 55,980.00 55,980.00 0.00 9,952,000.00
2-X 0 0 0.53064% 31,707.67 31,707.67 0.00 0.00
3-A-1 26,138,000 13,915,903 6.50000% 75,377.81 75,377.81 157,367.72 13,758,535.42
3-A-2 16,619,000 10,053,382 6.50000% 54,455.82 54,455.82 127,871.27 9,925,510.68
3-A-3 13,367,436 13,367,436 6.50000% 72,406.95 72,406.95 0.00 13,367,436.00
3-A-4 6,462,480 5,839,190 6.50000% 31,628.94 31,628.94 25,978.22 5,813,211.32
3-A-5 78,300,000 54,018,205 6.92499% 311,729.54 311,729.54 389,481.17 53,628,723.82
3-X 0 0 0.46503% 16,342.21 16,342.21 0.00 0.00
4-A-1 84,943,000 47,558,051 6.75000% 267,514.04 267,514.04 824,457.73 46,733,593.45
4-A-2 18,672,000 18,672,000 6.75000% 105,030.00 105,030.00 0.00 18,672,000.00
4-A-3 19,920,950 19,920,950 6.75000% 112,055.34 112,055.34 0.00 19,920,950.00
4-X 0 0 0.96028% 76,648.91 76,648.91 0.00 0.00
R-I 50 0 7.00000% 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 6.50000% 0.00 0.00 0.00 0.00
R-IV 50 0 6.75000% 0.00 0.00 0.00 0.00
R-V 50 0 7.00000% 0.00 0.00 0.00 0.00
R-VI 50 0 7.00000% 0.83 0.83 0.00 0.00
B-1 5,141,000 5,022,675 6.89844% 28,873.85 28,873.85 5,020.02 5,017,655.42
B-2 2,281,291 2,272,465 6.89844% 13,063.72 13,063.72 2,271.26 2,270,193.84
B-3 1,347,000 1,315,998 6.89844% 7,565.27 7,565.27 1,315.30 1,314,682.33
<PAGE>
October 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.28
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-8
<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>
B-4 $ 1,102,000 $ 1,076,637 6.89844% $ 6,189.26 $ 6,189.26 $ 1,076.07 $ 1,075,560.45
B-5 734,000 717,106 6.89844% 4,122.43 4,122.43 716.73 716,389.63
B-6 980,595 958,026 6.89844% 5,507.40 5,507.40 957.52 957,068.40
3-B-1 2,180,000 1,976,495 6.73603% 11,044.25 11,044.25 8,842.14 1,958,653.08
3-B-2 726,000 655,230 6.73603% 3,678.04 3,678.04 2,944.68 652,285.38
3-B-3 436,000 393,499 6.73603% 2,208.85 2,208.85 1,768.43 391,730.62
3-B-4 364,000 328,518 6.73603% 1,844.09 1,844.09 1,476.39 327,041.16
3-B-5 291,000 262,634 6.73603% 1,474.26 1,474.26 1,180.30 261,453.23
3-B-6 352,474 327,971 6.73603% 1,841.02 1,841.02 1,473.94 326,496.60
4-B-1 4,821,000 4,718,864 6.75000% 26,543.61 26,543.61 4,297.43 4,714,567.05
4-B-2 2,210,000 2,163,180 6.75000% 12,167.89 12,167.89 1,969.99 2,161,209.95
4-B-3 1,540,000 1,507,374 6.75000% 8,478.98 8,478.98 1,372.75 1,506,001.51
4-B-4 804,000 786,967 6.75000% 4,426.69 4,426.69 716.68 786,250.14
4-B-5 401,000 392,505 6.75000% 2,207.84 2,207.84 357.45 392,147.15
4-B-6 603,571 590,784 6.75000% 3,323.16 3,323.16 538.02 590,246.00
$374,130,974 $2,270,994.06 $2,270,994.06 $3,504,696.91 $370,626,277.15
</TABLE>
