Exhibit 99.30
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
November, 1998
Series 1998-11A, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1998 (the
"Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank (the "Trustee"), governing the Certificates referred to above,
the Company hereby certifies to the Trustee:
Weighted average coupon % 7.404649
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Weighted average maturity 351.74
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X. Xxxxxx of distribution allocable to principal and interest:
The amounts below are for a Single Certificate of $1,000:
1.
Principal
Principal Per Prepayments Per Interest Per
Class Certificate Certificate Certificate Payout Rate
----- ----------- ----------- ----------- -----------
1PO $ 1.04172383 $ 0.11568665 $ 0.00000000 % 0.00000000
1A1 $ 30.63396456 $ 29.56065102 $ 5.39372311 % 6.74999999
1A2 $ 22.30951771 $ 21.52786534 $ 5.45657005 % 6.74999995
1A3 $ 0.00000000 $ 0.00000000 $ 5.83333333 % 7.00000000
1A4 $ 0.00000000 $ 0.00000000 $ 5.83333417 % 7.00000101
1A5 $ 0.00000000 $ 0.00000000 $ 5.83333417 % 7.00000101
1A6 $ 0.00000000 $ 0.00000000 $ 5.83333417 % 7.00000101
1A7 $ 0.00000000 $ 0.00000000 $ 5.41666667 % 6.50000000
1A8 $ 0.00000000 $ 0.00000000 $ 5.62500002 % 6.75000002
1A9 $ 123.42447634 $ 119.10008855 $ 4.69318473 % 6.75000157
1A10 $ 0.00000000 $ 0.00000000 $ 5.62500000 % 6.75000000
1A11 $ 0.00000000 $ 0.00000000 $ 5.62500000 % 6.75000000
1A12 $ 3.79107102 $ 3.65824432 $ 5.55950568 % 6.75000010
1A13 $ 94.21047047 $ 90.90964497 $ 5.03067315 % 6.74999958
1A14 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
1A15 $ 3.81653814 $ 3.68281916 $ 5.55906554 % 6.74999990
1A16 $ 92.26676020 $ 89.03403577 $ 5.01372695 % 6.75000013
1A17 $ 0.00000000 $ 0.00000000 $ 5.62500000 % 6.75000000
1R $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
1M $ 0.79093642 $ 0.00000000 $ 5.60732122 % 6.74999982
1B1 $ 0.79093652 $ 0.00000000 $ 5.60732078 % 6.74999929
1B2 $ 0.79093562 $ 0.00000000 $ 5.60732189 % 6.75000062
1B3 $ 0.79093675 $ 0.00000000 $ 5.60732014 % 6.74999852
1B4 $ 0.79093629 $ 0.00000000 $ 5.60731660 % 6.74999426
1B5 $ 0.79093754 $ 0.00000000 $ 5.60732221 % 6.75000103
2. Unanticipated Recoveries: $ 0.00
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B. Accrual Amount
1.
Accrual Amount
Class
N/A $ N/A
2. The amount of servicing compensation received by the Company during
the month preceding the month of distribution:
$ 108,027.16
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C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 492,153,568.19
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2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,589
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3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
----- ------- ----------------- ------- -----
1PO $ 420,990.07 $ 420,549.65 $ 994.72 GE98111PO
1A1 $ 183,434,529.92 $ 177,574,252.49 $ 928.25 00000XXX0
1A2 $ 48,192,427.04 $ 47,084,090.20 $ 947.75 00000XXX0
1A3 $ 4,860,000.00 $ 4,860,000.00 $ 1,000.00 00000XXX0
1A4 $ 3,980,000.00 $ 3,980,000.00 $ 1,000.00 00000XXX0
1A5 $ 3,980,000.00 $ 3,980,000.00 $ 1,000.00 00000XXX0
1A6 $ 3,980,000.00 $ 3,980,000.00 $ 1,000.00 00000XXX0
1A7 $ 16,800,000.00 $ 16,800,000.00 $ 1,000.00 00000XXX0
1A8 $ 41,524,119.00 $ 41,524,119.00 $ 1,000.00 00000XXX0
1A9 $ 2,732,475.81 $ 2,328,260.65 $ 710.92 00000XXX0
1A10 $ 9,920,000.00 $ 9,920,000.00 $ 1,000.00 00000XXX0
1A11 $ 51,000,000.00 $ 51,000,000.00 $ 1,000.00 00000XXX0
1A12 $ 34,790,150.62 $ 34,656,704.92 $ 984.57 00000XXX0
1A13 $ 13,325,695.05 $ 11,921,959.04 $ 800.13 00000XXX0
1A14 $ 0.00 $ 0.00 $ 0.00 00000XXX0
1A15 $ 45,085,257.59 $ 44,911,147.12 $ 984.46 00000XXX0
1A16 $ 17,692,884.98 $ 15,861,389.79 $ 799.06 00000XXX0
1A17 $ 720,000.00 $ 720,000.00 $ 1,000.00 00000XXX0
SUP1 $ 479,824,408.87 $ 468,916,891.25 $ 948.38 G9811SUP1
1R $ 0.00 $ 0.00 $ 0.00 00000XXX0
1M $ 9,548,894.47 $ 9,541,318.09 $ 996.07 00000XXX0
1B1 $ 4,129,979.10 $ 4,126,702.25 $ 996.07 00000XXX0
1B2 $ 2,322,677.12 $ 2,320,834.24 $ 996.07 00000XXX0
1B3 $ 2,064,491.12 $ 2,062,853.09 $ 996.07 00000XXX0
1B4 $ 1,032,743.99 $ 1,031,924.58 $ 996.07 00000XXX0
1B5 $ 1,548,691.32 $ 1,547,462.54 $ 996.07 00000XXX0
D. 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 delinquent:
1. 30-59 days
Number 7 Principal Balance $ 2,542,338.87
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2. 60-89 days
Number 0 Principal Balance $ 0.00
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3. 90 days or more
Number 0 Principal Balance $ 0.00
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4. In Foreclosure
Number 0 Principal Balance $ 0.00
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5. Real Estate Owned
Number 0 Principal Balance $ 0.00
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6. The Scheduled Principal Balance of any Mortgage Loan replaced
pursuant to the Pooling And Servicing Agreement:
$ 0.00
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E. Other Information:
1. Special Hazard Loss Amount: $ 0.00
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2. Bankruptcy Loss Amount: $ 0.00
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3. Fraud Loss Amount: $ 0.00
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4. Certificate Interest Rate of the Class S Certificate: % 0.00000000
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