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December 26, 2000 - INFORMATION ON DISTRIBUTION EXHIBIT 28.24
TO CERTIFICATEHOLDERS
Structured Asset Mortgage Investments, Inc
Mortgage Pass-Through Certificates, Series 1998-12
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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>
A-1 $ 11,195,000 6.00000% $ 55,975.00 $ 0.00 $ 55,975.00 $ 11,195,000.00
A-2 20,107,000 6.05000% 101,372.79 0.00 101,372.79 20,107,000.00
A-3 55,214,000 6.20000% 285,272.33 0.00 285,272.33 55,214,000.00
A-4 71,225,747 6.00000% 356,128.73 1,945,371.30 2,301,500.03 69,280,376.08
A-5 58,142,752 2.23325% 418,443.31 (286,219.67) 132,223.64 58,428,971.88
A-6 2,325,709 0.13001% 16,737.73 (11,448.79) 5,288.94 2,337,158.15
A-7 11,184,176 7.47000% 69,621.49 0.00 69,621.49 11,184,175.61
A-8 3,728,059 4.59000% 14,259.82 0.00 14,259.82 3,728,058.54
A-9 2,087,339 6.75000% 11,741.28 (11,741.28) 0.00 2,099,080.10
R-I 0 6.75000% 0.00 0.00 0.00 0.00
R-II 0 6.75000% 0.03 0.00 0.03 0.00
X 0 0.13790% 17,417.02 0.00 17,417.02 0.00
B-1 5,178,960 6.75000% 29,131.65 5,363.68 34,495.33 5,173,596.20
B-2 2,589,480 6.75000% 14,565.82 2,681.84 17,247.66 2,586,798.10
B-3 1,090,328 6.75000% 6,133.09 1,129.22 7,262.31 1,089,198.73
B-4 817,746 6.75000% 4,599.82 846.91 5,446.73 816,899.05
B-5 545,164 6.75000% 3,066.55 564.61 3,631.16 544,599.37
B-6 681,492 6.75000% 3,833.39 705.80 4,539.19 680,786.11
$ 246,112,952 $ 1,408,299.85 $1,647,253.62 $ 3,055,553.47 $244,465,697.92
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