Exhibit 99.14
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
NOVEMBER 1997
REMIC Multi-Class Pass-Through Certificates
Series 1997-6
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1997
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank and Trust Company (the "Trustee"), governing the Certificates
referred to above, the Company hereby certifies to the Trustee:
(a) The amounts below (other than for Class R) are for a Single Certificate of
$1,000:
i) The amount of such distribution allocable to principal:
Class 6-A1.....$ 32.37828946 Class 6-A13..$ 0.00000000
Class 6-A2.....$ 0.00000000 Class 6-A14..$ 0.00000000
Class 6-A3.....$ 0.00000000 Class 6-A15..$ 0.00000000
Class 6-A4.....$ 0.68457404 Class 6-A16..$ 32.37828955
Class 6-A5.....$ 0.00000000 Class 6-A17..$ 32.37828950
Class 6-A6.....$ 41.93531751 Class 6-A18..$ 32.37828974
Class 6-A7.....$ 0.00000000 Class 6-PO...$ 0.90988122
Class 6-A8.....$ 0.68457427 Class 6-M....$ 0.68457412
Class 6-A9.....$ 0.00000000 Class 6-B1...$ 0.68457334
Class 6-A10....$ 59.29828722 Class 6-B2...$ 0.68457257
Class 6-A11....$ 0.00000000 Class 6-B3...$ 0.68457601
Component A11A.$ 0.00000000 Class 6-B4...$ 0.68456970
Component A11B.$ 0.00000000 Class 6-B5...$ 0.68457625
Class 6-A12....$ 14.07327869 Class 6-R....$ 0.00000000
ii) Principal Prepayments included in the above principal distribution
(including the Scheduled Principal Balances of all Defaulted Mortgage
Loans and Defective Mortgage Loans purchased pursuant to Section 2.02,
2.03 (b) or 3.16, respectively, and any amounts deposited pursuant to
Section 2.03(b) in connection with the substitution of any Mortgage
Loans pursuant to Section 2.02 or 2.03(a), the proceeds of which are
being distributed on such Distribution Date):
Class 6-A1.....$ 31.40394431 Class 6-A14..$ 0.00000000
Class 6-A2.....$ 0.00000000 Class 6-A15..$ 0.00000000
Class 6-A3.....$ 0.00000000 Class 6-A16..$ 31.40394440
Class 6-A4.....$ 0.66397346 Class 6-A17..$ 31.40394435
Class 6-A5.....$ 0.00000000 Class 6-A18..$ 31.40394458
Class 6-A6.....$ 40.67337706 Class 6-PO...$ 0.88250058
Class 6-A7.....$ 0.00000000 Class 6-M....$ 0.00000000
Class 6-A8.....$ 0.66397369 Class 6-B1...$ 0.00000000
Class 6-A9.....$ 0.00000000 Class 6-B2...$ 0.00000000
Class 6-A10....$ 57.51385081 Class 6-B3...$ 0.00000000
Class 6-A11....$ 0.00000000 Class 6-B4...$ 0.00000000
Component A11A.$ 0.00000000 Class 6-B5...$ 0.00000000
Component A11B.$ 0.00000000 Class 6-R....$ 0.00000000
Class 6-A12....$ 13.64977791
Class 6-A13....$ 0.00000000
iii) The amount of such distribution to the Certificateholders of each
class, allocable to Interest:
Class 6-A1.....$ 5.77172268 Class 6-A15..$ 6.24886259
Class 6-A2.....$ 6.24886270 Class 6-A16..$ 5.50237580
Class 6-A3.....$ 6.24886338 Class 6-A17..$ 5.57933196
Class 6-A4.....$ 6.23202947 Class 6-A18..$ 6.92606736
Class 6-A5.....$ 6.24886417 Class 6-M....$ 6.23202900
Class 6-A6.....$ 5.95137806 Class 6-B1...$ 6.23202869
Class 6-A7.....$ 6.24886352 Class 6-B2...$ 6.23203004
Class 6-A8.....$ 6.23202948 Class 6-B3...$ 6.23205270
Class 6-A9.....$ 6.24886137 Class 6-B4...$ 6.23211402
Class 6-A10....$ 5.54734414 Class 6-B5...$ 6.23206813
Class 6-A11....$ 0.00000000 Class 6-R....$ 0.00000000
Component A11A.$ 0.00000000 Class 6-S....$ 0.59408768
Component A11B.$ 0.00000000
Class 6-A12....$. 5.90245902
Class 6-A13....$. 6.24886264
Class 6-A14....$. 0.00000000
iv) Accrual Amount:
Class A11A Component $ 0.00
Class A11B Component $ 0.00
Class A14 Component $ 858.47
v) The amount of servicing compensation received by the Company during
the month preceding the month of distribution: $ 82,469.68
(b) The amounts below are for the aggregate of all Certificates.
vi) The Pool Scheduled Principal Balances of each Mortgage Pool on the
preceding Due Date after giving effect to all distributions allocable
to principal made on such Distribution Date: $ 372,780,473.67
The aggregate number of Mortgage Loans included in the Scheduled
Principal Balance set forth above: 1,264
vii) The Class Certificate Principal Balance of each Class and the
Certificate Principal Balance of a Single Certificate of each Class
after giving effect to (i) all distributions allocable to principal
made on such Distribution Date and (ii) the allocation of any Realized
Losses and any Subordinate Writedown Certificate Amount for such
Distribution Date:
Class Certificate Single
Principal Balance Certificate Balance
----------------- -------------------
Class 6-A1.....................$ 49,382,922.04 $ 891.27
Class 6-A2.....................$ 27,152,000.00 $ 1,000.00
Class 6-A3.....................$ 8,015,000.00 $ 1,000.00
Class 6-A4.....................$ 56,807,432.12 $ 996.62
Class 6-A5.....................$ 6,001,105.00 $ 1,000.00
Class 6-A6.....................$ 36,988,304.11 $ 910.46
Class 6-A7.....................$ 1,927,000.00 $ 1,000.00
Class 6-A8.....................$ 19,746,064.08 $ 996.62
Class 6-A9.....................$ 3,680,965.00 $ 1,000.00
Class 6-A10....................$ 8,816,206.98 $ 828.44
Class 6-A11....................$ 0.00 $ 0.00
Component A11A.................$ 0.00 $ 0.00
Component A11B.................$ 0.00 $ 0.00
Class 6-A12....................$ 56,760.34 $ 930.50
Class 6-A13....................$ 14,305,000.00 $ 1,000.00
Class 6-A14....................$ 138,239.66 $ 1,031.64
Class 6-A15....................$ 8,802,874.00 $ 1,000.00
Class 6-A16....................$ 22,356,244.92 $ 891.27
Class 6-A17....................$ 73,711,745.00 $ 891.27
Class 6-A18....................$ 17,501,728.11 $ 891.27
Class 6-PO.....................$ 413,311.45 $ 987.98
Class 6-M......................$ 5,992,082.82 $ 996.62
Class 6-B1.....................$ 3,994,721.55 $ 996.62
Class 6-B2.....................$ 2,996,040.91 $ 996.62
Class 6-B3.....................$ 1,997,360.28 $ 996.62
Class 6-B4.....................$ 599,207.79 $ 996.62
Class 6-B5.....................$ 1,398,157.51 $ 996.62
Class 6-R......................$ 0.00 $ 0.00
Class 6-S......................$ 353,896,546.23 $ 927.46
viii)The following pertains to any real estate acquired on behalf of
Certificateholders through foreclosure, or grant of a deed in lieu of
foreclosure or otherwise, of any REO Mortgage Loan:
book value.........................................$ 0.00
unpaid principal balance...........................$ 0.00
number of related mortgage loans................... 0
ix) The aggregate number and aggregate Principal Balances of Mortgage
Loans which, as of the close of business on the last day of the month
preceding the related Determination Date, were:
(a) delinquent
(1) 30-59 days
Number 7 Principal Balance $ 1,997,843.56
(2) 60-89 days
Number 1 Principal Balance $ 226,215.49
(3) 90 days or more
Number 0 Principal Balance $ 0.00
(b) in foreclosure
Number 1 Principal Balance $ 240,000.00
x) The Scheduled Principal Balance of any Mortgage Loan and number of
replaced pursuant to Section 2.03(b), and of any Modified Mortgage
Loan purchased pursuant to Section 3.01(c): $ 0.00 $ 0.00
xi) The Scheduled Principal Balance of any Mortgage Loan and number of any
Modified Mortgage Loan purchased pursuant to Section 3.01(c):
$ 0.00 $ 0.00
xii) The Certificate Interest Rates, applicable to the Interest Accrual
Period relating to such Distribution Date:
Class 6-S: ........................ 0.394467%
xiii) Senior Percentage for such Distribution Date: ......... 95.53720500%
xiv) Category A-Senior Percentage for such Distribution Date: 68.53048200%
xv) Category B-Senior Percentage for such Distribution Date: 19.74923900%
xvi) Category C-Senior Percentage for such Distribution Date: 7.25748400%
xvii) Category A-Percentage for such Distribution Date: ..... 71.73172200%
xviii) Category B-Percentage for such Distribution Date: .... 20.67177800%
xix) Category C-Percentage for such Distribution Date: ...... 7.59650000%
xx) Group I Senior Percentage for such Distribution Date: ... 71.60512100%
xxi) Category A-Group I Senior Percentage for such
Distribution Date: ...................................... 53.59784400%
xxii) Category B-Group I Senior Percentage for such
Distribution Date: ..................................... 14.55870600%
xxiii) Category C-Group I Senior Percentage for such
Distribution Date: ..................................... 3.44857000%
xxiv) Category C-Group I Scheduled Distribution Percentagefor such
Distribution Date: ..................................... 7.25748400%
xxv) Group II Senior Percentage for such Distribution Date: . 23.93208400%
xxvi) Category A-Group II Senior Percentage for such
Distribution Date: .................................... 14.93263800%
xxvii) Category B-Group II Senior Percentage for such
Distribution Date: .................................... 5.19053300%
xxviii) Category C-Group II Senior Percentage for such
Distribution Date: .................................... 3.80891400%
xxix) Category C-Group II Scheduled Distribution Percentage for such
Distribution Date: .................................... 0.00000000%
xxx) Senior Prepayment Percentage for such Distribution Date: 100.00000000%
xxxi) Category A-Senior Prepayment Percentage for such
Distribution Date: ...................................... 71.73172200%
xxxii) Category B-Senior Prepayment Percentage for such
Distribution Date: ...................................... 20.67177800%
xxxiii) Category C-Senior Prepayment Percentage
for such Distribution Date: ........................... 7.59650000%
xxxiv) Group I Senior Prepayment Percentage for such
Distribution Date: .....................................100.00000000%
xxxv) Category A-Group I Senior Prepayment Percentage for such
Distribution Date: ..................................... 71.73172200%
xxxvi) Category B-Group I Senior Prepayment Percentage for such
Distribution Date: ..................................... 20.67177800%
xxxvii) Category C-Group I Senior Prepayment Percentage for such
Distribution Date: ..................................... 7.59650000%
xxxviii) Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxix) Category A-Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxx) Category B-Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxxi) Category C-Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxxii) Junior Percentage for such Distribution Date: ....... 4.46279500%
xxxxiii) Junior Prepayment Percentage for such Distribution
Date: .................................................. 0.00000000%
