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January 3, 2001 - INFORMATION ON DISTRIBUTION EXHIBIT 28.34
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 45,005,670 6.750000% 35,148 253,157 288,305 0 0 44,970,521 0
A-2 51,464,962 6.750000% 632,673 289,490 922,163 0 0 50,832,289 0
A-3 45,526,720 6.750000% 0 256,088 256,088 0 0 45,526,720 0
A-4 24,947,273 6.750000% 0 140,328 140,328 0 0 24,947,273 0
A-5 9,978,809 6.750000% 0 56,131 56,131 0 0 9,978,809 0
B 52,807,163 6.750000% 199,328 297,040 496,368 0 0 52,607,836 0
C 39,494,433 6.750000% 149,077 222,156 371,233 0 0 39,345,356 0
D 64,122,984 6.750000% 242,041 360,692 602,732 0 0 63,880,943 0
E 37,070,415 6.750000% 139,927 208,521 348,448 0 0 36,930,487 0
F 46,083,120 6.750000% 173,947 259,218 433,164 0 0 45,909,173 0
G 12,957,821 6.750000% 48,911 72,888 121,799 0 0 12,908,910 0
H 14,187,696 6.750000% 53,536 79,806 133,341 0 0 14,134,160 18
X 443,647,065 0.392839% N/A 145,235 145,235 N/A 0 441,972,478 N/A
PO 534,382 N/A 2,114 0 2,114 N/A 0 532,268
Residual R-1 0 6.750000% 0 0.00 0.00 0.00 0 0 N/A
R-2 0 6.750000% 0 0.00 0.00 0.00 0 0 N/A
R-3 0 6.750000% 0 0.00 0.00 0.00 0 0 N/A
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 6.750000% 073914F24 0.589502 4.245890 754.235440
A-2 64,862,910 6.750000% 073914F32 9.753998 4.463112 783.688079
A-3 45,526,720 6.750000% 073914F40 0.000000 5.625000 1,000.000000
A-4 24,947,273 6.750000% 073914F57 0.000000 5.625000 1,000.000000
A-5 9,978,809 6.750000% 073914F65 0.000000 5.625000 1,000.000000
B 61,399,747 6.750000% 073914C27 3.246393 4.837810 856.808669
C 45,920,819 6.750000% 073914C35 3.246393 4.837810 856.808669
D 74,556,836 6.750000% 073914C43 3.246393 4.837810 856.808668
E 43,083,016 6.750000% 073914C50 3.247852 4.839983 857.193647
F 53,402,301 6.750000% 073914C68 3.257292 4.854052 859.685299
G 14,962,963 6.750000% 073914C76 3.268806 4.871211 862.724178
H 16,510,861 6.750000% PRIVATE 3.242442 4.833533 856.052274
X 515,964,267 0.392839% 073914C84 0.000000 0.281482 856.595129
PO 2,008,801 N/A PRIVATE 1.052195 0.000000 264.968179
R-1 100 6.750000% PRIVATE 0.000000 0.000000 0.000000
R-2 100 6.750000% PRIVATE 0.000000 0.000000 0.000000
R-3 103 6.750000% 073914F73 0.000000 0.000000 0.000000
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 7,929,635 8.2182 107,201 54,119 161,320 0 188 7,822,434
BSMSI 9308 M 15,686,649 7.5000 52,130 98,042 150,172 0 0 15,634,519
CAPPTC 94C B-1 5,084,894 6.7500 13,773 28,603 42,376 0 0 5,071,121
CFC 9301 B-1 16,195,579 7.1250 85,403 96,161 181,564 0 0 16,110,177
CFC 9401 B-1 7,633,241 6.8750 19,076 43,732 62,808 0 0 7,614,165
CFC 9409 B-2 2,912,928 6.5000 16,793 15,778 32,572 0 0 2,896,135
CFC 9418 B-3 1,539,792 8.0000 4,534 10,265 14,799 0 0 1,535,258
CFC 9602 B-2 2,722,602 7.7500 3,049 17,583 20,632 0 0 2,719,553
CFC 9705 B-3 2,025,145 7.5000 4,285 12,644 16,930 0 0 2,018,860
CHASE 94E B-2 1,272,963 6.2500 10,260 6,630 16,889 0 0 1,262,704
CHEMPT 9601 B-3 2,276,227 7.2500 2,953 13,752 16,706 0 0 2,273,261
CITIMT 9016 B 0 9.5000 0 0 0 0 0 0
CITIMT 9205 B 0 8.0000 0 0 0 0 0 0
CITIMT 9219 B 6,874,487 7.5000 114,073 42,966 157,039 0 0 6,760,413
CITIMT 9401 B-1 9,051,277 6.5000 20,028 49,028 69,056 0 0 9,031,249
CITIMT 9405 B-1 14,270,750 6.2500 66,240 74,327 140,567 0 0 14,204,510
CITIMT 9407 B-1 8,354,352 6.2500 27,086 43,512 70,598 0 0 8,327,267
CITIMT 9410 B-1 7,705,671 6.2500 25,018 40,134 65,151 0 0 7,680,654
CITIMT 9411 B-1 13,576,597 6.2500 86,830 70,711 157,542 0 0 13,489,767
CITIMT 9413 B-2 1,092,197 6.5000 2,621 5,916 8,537 0 0 1,089,576
CITIMT 9502 B-3 1,231,241 7.5000 1,827 7,695 9,523 0 0 1,229,414
CITIMT 9601 B-1 2,399,106 7.5000 2,772 14,994 17,7666 0 0 2,396,335
CITIMT 9703 B-1 1,951,972 7.2500 2,081 11,793 13,875 0 0 1,949,890
CITIMT 9703 B-2 1,951,972 7.2500 2,081 11,793 13,875 0 00 1,949,890
CITIMT 9707 B-1 1,959,332 7.0000 2,019 11,429 13,449 0 0 1,957,313
CWD 94A B-3 1,668,027 6.7500 6,947 9,383 16,329 0 0 1,661,080
CWD 94C B-2 2,611,873 6.5000 18,452 14,148 32,600 0 0 2,593,421
CWD 94G B-1 3,894,991 6.5000 23,373 21,098 44,471 0 0 3,871,618
DLJ 9403 B-1 6,156,421 6.5000 23,402 33,347 56,749 0 0 6,133,019
FBCS 9302R 1 7,168,513 7.4250 40,335 44,355 84,690 0 0 7,128,178
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 6,652,635 6.5000 27,040 35,931 62,971 0 104 6,625,595
GECAP 9416 B-2 2,770,280 6.5000 8,709 15,006 23,715 0 0 2,761,571
GECAP 9427 B-2 2,043,041 6.5000 10,965 11,066 22,031 0 0 2,032,076
GECAP 9507 B-2 4,506,454 7.5000 23,376 28,165 51,542 0 0 4,483,078
GECAP 9615 B-1 2,968,511 7.7500 9,037 19,172 28,209 0 0 2,959,474
GECAP 9616 B-2 2,3240670 7.7500 2,548 15,320 17,868 0 0 2,369,519
GECAP 9701 B-1 3,586,978 7.5000 3,368 19,723 23,092 0 2,695 3,583,149
GECAP 9702 1-B-2 4,299,888 7.5000 4,874 26,874 31,748 0 0 4,295,014
GECAP 9709 1-B-1 4,590,517 7.2500 4,767 27,734 32,501 0 0 4,585,750
GECAP 9709 1-B-2 3,623,915 7.2500 3,763 21,894 25,657 0 0 3,623,915
GECAP 9709 2-B-2 2,537,941 7.0000 2,615 14,805 17,420 0 0 2,535,325
GECAP 9712 B-1 5,940,744 7.0000 6,201 34,654 40,856 0 0 5,934,542
GECAP 9712 B-2 4,690,060 7.0000 4,896 27,359 32,255 0 0 4,690,060
HMSI 9705 B-2 4,779,714 7.2500 5,652 28,877 34,530 0 0 4,774,062
MORSRV 9602 B-1 1,867,829 7.2500 4,760 11,285 16,045 0 0 1,863,069
MSCAPI 9601 B-2 2,230,519 7.2500 2,889 13,476 16,366 0 0 2,227,629
NSCOR 9604 B-1 4,574,273 7.7500 5,570 29,542 35,112 0 0 4,568,703
NSCOR 9605 B-1 4,386,160 8.0000 4,736 29,241 33,976 0 0 4,381,424
PHMSC 93E 2-B 15,704,927 7.3942 75,840 96,656 172,496 0 116 15,629,087
PHMSC 93L 3-B-3 5,000,000 6.6412 0 27,669 27,669 0 3 5,000,000
PHMSC 94A 5-B 18,022,674 6.7984 78,665 102,105 180,770 0 0 17,944,008
PHMSC 94E 2-B 29,030,860 7.3392 96,243 177,553 273,796 0 0 28,934,617
PHMSC 95A 3-B 6,004,826 8.6840 8,398 44,939 53,337 0 (1,484) 5,996,428
PNC 9502 B-3 2,515,541 7.5000 6,021 15,722 21,744 0 0 2,509,520
PNC 9702 B-2 1,679,322 7.5000 1,782 10,496 12,278 0 0 1,677,540
PNC 9705 B-2 2,543,478 7.2500 2,569 15,367 17,935 0 0 2,540,909
PNC 9705 B-3 3,391,304 7.2500 3,425 20,489 23,914 0 0 3,387,879
PWMAC 9307 M-3 1,406,455 7.5000 8,586 8,790 17,377 0 0 1,397,869
PWMAC 9402 M-2 2,945,693 6.5000 7,494 15,956 23,451 0 0 2,938,198
PWMAC 9402 M-3 2,169,059 6.5000 5,519 11,749 17,268 0 0 2,163,540
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 4,308,377 7.2500 4,029 26,020 30,049 0 10 4,304,348
RAST 96A3 B-1-B 6,667,195 7.5000 6,671 41,670 48,341 0 0 6,660,525
RAST 96A4 B-2 4,796,851 7.5000 4,677 29,980 34,657 0 0 4,792,174
RFC 93S10 M-2 1,731,869 8.5000 2,523 12,263 14,786 0 5 1,729,346
RFC 93S18 M-2 5,336,774 7.5000 33,869 33,221 67,090 0 (33,221) 5,302,905
RFC 93S18 M-3 3,226,754 7.5000 20,478 20,866 40,564 0 81 3,206,276
RFC 93S21 M-3 2,376,796 7.5000 10,748 14,781 25,528 0 74 2,366,048
RFC 93S22 M-2 3,790,209 7.0000 11,038 22,081 33,119 0 29 3,779,171
RFC 93S22 M-3 2,284,722 7.0000 6,654 13,310 19,964 0 18 2,278,068
RFC 93S24 M-3 3,372,770 7.0000 13,599 19,618 33,217 0 56 3,359,171
RFC 93S26 M-2 4,900,722 7.5000 51,894 30,369 82,263 0 260 4,848,828
RFC 93S26 M-3 3,337,170 7.5000 35,337 20,680 56,017 0 177 3,301,833
RFC 93S27 M-3 1,823,824 7.5000 12,629 11,297 23,926 0 102 1,811,194
RFC 93S28 M-2 2,516,434 7.0000 16,703 14,584 31,287 0 95 2,499,731
RFC 93S28 M-3 1,678,407 7.0000 11,140 9,727 20,868 0 64 1,667,266
RFC 93S34 M-3 1,927,803 7.0000 10,084 11,191 21,275 0 54 1,917,719
RFC 94S3 M-3 1,362,777 6.6981 2,201 7,577 9,779 0 29 1,360,576
RFC 95R20 M-3 3,073,329 7.5000 4,123 19,180 23,303 0 28 3,069,206
RFC 96S10 M-2 6,349,538 7.5000 7,938 39,668 47,607 0 16 6,341,600
RFC 96S14 M-2 3,456,681 7.5000 5,189 21,596 26,774 0 8 3,451,503
RFC 96S14 M-3 1,728,341 7.5000 2,589 10,798 13,387 0 4 1,725,752
RFC 96S16 M-2 4,259,836 7.7500 4,378 27,508 31,885 0 4 4,255,458
RFC 96S18 M-2 2,536,446 8.0000 2,735 16,906 19,640 0 4 2,533,711
RFC 96S23 M-2 3,057,276 7.7500 3,114 19,740 22,854 0 5 3,054,137
RFC 96S25 M-2 3,055,430 7.7500 3,475 19,649 23,124 0 84 3,051,955
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 10,320 10,320 0 50 1,500,000
RYLPT 9304 B-2 4,181,151 7.5000 23,906 26,132 50,038 0 0 4,157,245
SASCO 9601 B-1 3,048,336 7.2500 3,741 18,417 22,158 0 0 3,044,594
SASCO 9601 B-2 1,567,797 7.2500 1,924 9,472 11,396 0 0 1,565,873
SASCO 9602 B-2 2,362,342 7.0000 3,849 13,780 17,629 0 0 2,358,493
SASI 9405 B-2 4,329,302 7.0000 17,792 25,254 43,046 0 0 4,311,510
SASI 9405 B-3 3,246,977 7.0000 13,344 18,941 32,285 0 0 3,233,633
SASI 9504 B-2 4,132,650 7.5000 8,447 25,829 34,276 0 0 4,124,203
SASI 93J 3-B 13,872,848 6.8081 68,135 78,636 146,771 0 69 13,804,713
SBMSI 92D B-4 2,617,227 8.0143 20,073 17,045 37,118 0 434 2,591,108
SBMSI 9409 B-2 3,745,513 7.0000 12,750 21,849 34,599 0 0 3,732,763
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