Exhibit 99.14
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
December 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
$1,000:
i) The amount of such distribution allocable to principal:
Class 6-A1.......$ 18.09125743 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.......$ 0.69522579 Class 6-A16....$ 18.09125739
Class 6-A5.......$ 0.00000000 Class 6-A17....$ 18.09125744
Class 6-A6.......$ 23.40514494 Class 6-A18....$ 18.09125789
Class 6-A7.......$ 0.00000000 Class 6-PO.....$ 0.89154686
Class 6-A8.......$ 0.69522586 Class 6-M......$ 0.69522545
Class 6-A9.......$ 0.00000000 Class 6-B1.....$ 0.69522634
Class 6-A10......$ 33.31009764 Class 6-B2.....$ 0.69522723
Class 6-A11......$ 0.00000000 Class 6-B3.....$ 0.69522401
Component A11A...$ 0.00000000 Class 6-B4.....$ 0.69523101
Component A11B...$ 0.00000000 Class 6-B5.....$ 0.69522564
Class 6-A12......$ 14.16098361 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.......$ 17.12885594 Class 6-A14....$ 0.00000000
Class 6-A2.......$ 0.00000000 Class 6-A15....$ 0.00000000
Class 6-A3.......$ 0.00000000 Class 6-A16....$ 17.12885590
Class 6-A4.......$ 0.65824183 Class 6-A17....$ 17.12885595
Class 6-A5.......$ 0.00000000 Class 6-A18....$ 17.12885637
Class 6-A6.......$ 22.16006032 Class 6-PO.....$ 0.84411920
Class 6-A7.......$ 0.00000000 Class 6-M......$ 0.00000000
Class 6-A8.......$ 0.65824190 Class 6-B1.....$ 0.00000000
Class 6-A9.......$ 0.00000000 Class 6-B2.....$ 0.00000000
Class 6-A10......$ 31.53809878 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......$ 13.40766108
Class 6-A13......$ 0.00000000
iii) The amount of such distribution to the Certificateholders of each
class, allocable to Interest:
Class 6-A1.......$ 5.56923313 Class 6-A15....$ 6.24868083
Class 6-A2.......$ 6.24868076 Class 6-A16....$ 5.30933580
Class 6-A3.......$ 6.24868122 Class 6-A17....$ 5.38359205
Class 6-A4.......$ 6.22757053 Class 6-A18....$ 6.68307995
Class 6-A5.......$ 6.24868087 Class 6-M......$ 6.22757154
Class 6-A6.......$ 5.68916434 Class 6-B1.....$ 6.22757040
Class 6-A7.......$ 6.24868189 Class 6-B2.....$ 6.22757258
Class 6-A8.......$ 6.22757028 Class 6-B3.....$ 6.22759690
Class 6-A9.......$ 6.24867935 Class 6-B4.....$ 6.22767319
Class 6-A10......$ 5.17664554 Class 6-B5.....$ 6.22761307
Class 6-A11......$ 0.00000000 Class 6-R......$ 0.00000000
Component A11A...$ 0.00000000 Class 6-S......$ 0.57646638
Component A11B...$ 0.00000000
Class 6-A12......$ 5.81442623
Class 6-A13......$ 6.24868088
Class 6-A14......$ 0.00000000
iv) Accrual Amount:
Class A11A Component ............... $ 0.00
Class A11B Component ............... $ 0.00
Class A14 Component ............... $ 863.82
v) The amount of servicing compensation received by the Company during
the month preceding the month of distribution:.........$ 75,464.87
(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:...........$368,101,835.32
The aggregate number of Mortgage Loans included in the Scheduled
Principal Balance set forth above:..................... 1,250
vii) The Class Certificate Principal Balance of each Class and the
Certificate Principal Balance of a Single Certificate of each Class
after giving effect to (i) all distributions allocable to principal
made on such Distribution Date and (ii) the allocation of any Realized
Losses and any Subordinate Writedown Certificate Amount for such
Distribution Date:
Class Certificate Single
Principal Balance Certificate Balance
----------------- -------------------
Class 6-A1..................$ 48,380,527.98 $ 873.17
Class 6-A2..................$ 27,152,000.00 $ 1,000.00
Class 6-A3..................$ 8,015,000.00 $ 1,000.00
Class 6-A4..................$ 56,767,804.25 $ 995.93
Class 6-A5..................$ 6,001,105.00 $ 1,000.00
Class 6-A6..................$ 36,037,446.20 $ 887.05
Class 6-A7..................$ 1,927,000.00 $ 1,000.00
Class 6-A8..................$ 19,732,289.57 $ 995.93
Class 6-A9..................$ 3,680,965.00 $ 1,000.00
Class 6-A10.................$ 8,461,722.22 $ 795.13
Class 6-A11.................$ 0.00 $ 0.00
Component A11A..............$ 0.00 $ 0.00
Component A11B..............$ 0.00 $ 0.00
Class 6-A12.................$ 55,896.52 $ 916.34
Class 6-A13.................$ 14,305,000.00 $ 1,000.00
Class 6-A14.................$ 139,103.48 $ 1,038.09
Class 6-A15.................$ 8,802,874.00 $ 1,000.00
Class 6-A16.................$ 21,902,449.03 $ 873.17
Class 6-A17.................$ 72,215,514.88 $ 873.17
Class 6-A18.................$ 17,146,471.11 $ 873.17
Class 6-PO..................$ 412,938.48 $ 987.09
Class 6-M...................$ 5,987,902.85 $ 995.93
Class 6-B1..................$ 3,991,934.90 $ 995.93
Class 6-B2..................$ 2,993,950.92 $ 995.93
Class 6-B3..................$ 1,995,966.96 $ 995.93
Class 6-B4..................$ 598,789.79 $ 995.93
Class 6-B5..................$ 1,397,182.18 $ 995.93
Class 6-R...................$ 0.00 $ 0.00
Class 6-S...................$ 349,234,307.09 $ 915.24
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
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 13 Principal Balance $ 3,796,478.38
(2) 60-89 days
Number 2 Principal Balance $ 468,320.29
(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: ........................ 0.391747%
xiii) Senior Percentage for such Distribution Date: .......... 95.44063700%
xiv) Category A-Senior Percentage for such Distribution Date: 68.46121200%
xv) Category B-Senior Percentage for such Distribution Date: 19.72927700%
xvi) Category C-Senior Percentage for such Distribution Date: 7.25014800%
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: .. 70.98802500%
xxi) Category A-Group I Senior Percentage for such
Distribution Date: ..................................... 53.20545400%
xxii) Category B-Group I Senior Percentage for such
Distribution Date: ..................................... 14.42642900%
xxiii) Category C-Group I Senior Percentage for such
Distribution Date: ..................................... 3.35614200%
xxiv) Category C-Group I Scheduled Distribution Percentage
for such Distribution Date: ............................ 7.25014800%
xxv) Group II Senior Percentage for such Distribution Date: . 24.45261200%
xxvi) Category A-Group II Senior Percentage for such
Distribution Date: ..................................... 15.25575800%
xxvii) Category B-Group II Senior Percentage for such
Distribution Date: ..................................... 5.30284800%
xxviii)Category C-Group II Senior Percentage for such
Distribution Date: ..................................... 3.89400600%
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: .......... 4.55936300%
xxxxiii)Junior Prepayment Percentage for such Distribution Date: 0.00000000%