STRUCTURED ASSET MORTGAGE INVESTMENTS INC
8-K, EX-28.25, 2000-06-16
ASSET-BACKED SECURITIES
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                 May 25, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.25
                                TO CERTIFICATEHOLDERS



Structured Asset Mortgage Investments, Inc.
Mortgage Pass-Through Certificates, Series 1998-5
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                     Beginning      Pass Thru   Principal    Interest      Total         Ending Cert./
   Type      Class   Cert. Bal.        Rate     Dist. Amt.   Dist. Amt.     Dist.        Notional Bal.
 <S>          <C>  <C>              <C>      <C>              <C>         <C>          <C>
  Senior       A-1    7,635,803      6.51%      122,235         41,427       163,662     7,513,568
               A-2   39,623,135      6.51%      584,800        214,968       799,769    39,038,335
               A-3   19,326,942      6.51%      421,311        104,855       526,167    18,905,631
               A-4    9,865,250      6.51%            0         53,522        53,522     9,865,250
               B-1      590,034      6.51%        4,889          3,201         8,090       585,145
               B-2      295,059      6.51%        2,445          1,601         4,045       292,614
               B-3      236,030      6.51%        1,956          1,280         3,236       234,075
               B-4      118,057      6.51%          978            640         1,619       117,079
               B-5      117,973      6.51%          977            640         1,618       116,995
               B-6      118,057      6.51%          978            640         1,619       117,079
               R-1            0      6.51%            0              0             0          0.00
               R-11           0      6.51%            0              0             0          0.00
               R-111          0      6.51%            0              0             0          0.00

                     77,926,342               1,140,570        422,776     1,563,347    76,785,771


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