Exhibit 99.14
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
January 1998
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
$1,000:
i) The amount of such distribution allocable to principal:
Class 6-A1.......$ 22.65417447 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.......$ 0.69988386 Class 6-A16...$ 22.65417455
Class 6-A5.......$ 0.00000000 Class 6-A17...$ 22.65417454
Class 6-A6.......$ 29.32254207 Class 6-A18...$ 22.65417484
Class 6-A7.......$ 0.00000000 Class 6-PO....$ 0.97666895
Class 6-A8.......$ 0.69988391 Class 6-M.....$ 0.69988416
Class 6-A9.......$ 0.00000000 Class 6-B1....$ 0.69988421
Class 6-A10......$ 41.61464038 Class 6-B2....$ 0.69988427
Class 6-A11......$ 0.00000000 Class 6-B3....$ 0.69988439
Component A11A...$ 0.00000000 Class 6-B4....$ 0.69988806
Component A11B...$ 0.00000000 Class 6-B5....$ 0.69988029
Class 6-A12......$ 14.25245902 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......$ 21.69512587 Class 6-A14....$ 0.00000000
Class 6-A2......$ 0.00000000 Class 6-A15....$ 0.00000000
Class 6-A3......$ 0.00000000 Class 6-A16....$ 21.69512594
Class 6-A4......$ 0.67025477 Class 6-A17....$ 21.69512593
Class 6-A5......$ 0.00000000 Class 6-A18....$ 21.69512622
Class 6-A6......$ 28.08119280 Class 6-PO.....$ 0.93532235
Class 6-A7......$ 0.00000000 Class 6-M......$ 0.00000000
Class 6-A8......$ 0.67025482 Class 6-B1.....$ 0.00000000
Class 6-A9......$ 0.00000000 Class 6-B2.....$ 0.00000000
Class 6-A10.....$ 39.85291374 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.....$ 13.64909115
Class 6-A13.....$ 0.00000000
iii) The amount of such distribution to the Certificateholders of each
class, allocable to Interest:
Class 6-A1......$ 5.45733847 Class 6-A15....$ 6.24999972
Class 6-A2......$ 6.25000000 Class 6-A16....$ 5.20266259
Class 6-A3......$ 6.25000000 Class 6-A17....$ 5.27542720
Class 6-A4......$ 6.22454000 Class 6-A18....$ 6.54880599
Class 6-A5......$ 6.25000062 Class 6-M......$ 6.22453947
Class 6-A6......$ 5.54408319 Class 6-B1.....$ 6.22453916
Class 6-A7......$ 6.25000000 Class 6-B2.....$ 6.22453884
Class 6-A8......$ 6.22453995 Class 6-B3.....$ 6.22453323
Class 6-A9......$ 6.24999966 Class 6-B4.....$ 6.22446315
Class 6-A10.....$ 4.96955025 Class 6-B5.....$ 6.22450521
Class 6-A11.....$ 0.00000000 Class 6-R......$ 0.00000000
Component A11A..$ 0.00000000 Class 6-S......$ 0.56812762
Component A11B..$ 0.00000000
Class 6-A12.....$ 5.72704918
Class 6-A13.....$ 6.25000000
Class 6-A14.....$ 0.00000000
iv) Accrual Amount:
Class A11A Component $ 0.00
Class A11B Component $ 0.00
Class A14 Component $ 869.40
v) The amount of servicing compensation received by the Company during
the month preceding the month of distribution:......$ 86,973.45
(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:........$ 362,259,695.94
The aggregate number of Mortgage Loans included in the Scheduled
Principal Balance set forth above:.................. 1,233
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.....................$ 47,125,313.41 $ 850.52
Class 6-A2.....................$ 27,152,000.00 $ 1,000.00
Class 6-A3.....................$ 8,015,000.00 $ 1,000.00
Class 6-A4.....................$ 56,727,910.87 $ 995.23
Class 6-A5.....................$ 6,001,105.00 $ 1,000.00
Class 6-A6.....................$ 34,846,187.99 $ 857.73
Class 6-A7.....................$ 1,927,000.00 $ 1,000.00
Class 6-A8.....................$ 19,718,422.77 $ 995.23
Class 6-A9.....................$ 3,680,965.00 $ 1,000.00
Class 6-A10....................$ 8,018,860.84 $ 753.51
Class 6-A11....................$ 0.00 $ 0.00
Component A11A.................$ 0.00 $ 0.00
Component A11B.................$ 0.00 $ 0.00
Class 6-A12....................$ 55,027.12 $ 902.08
Class 6-A13....................$ 14,305,000.00 $ 1,000.00
Class 6-A14....................$ 139,972.88 $ 1,044.57
Class 6-A15....................$ 8,802,874.00 $ 1,000.00
Class 6-A16....................$ 21,334,198.24 $ 850.52
Class 6-A17....................$ 70,341,910.55 $ 850.52
Class 6-A18....................$ 16,701,612.37 $ 850.52
Class 6-PO.....................$ 412,529.90 $ 986.11
Class 6-M......................$ 5,983,694.87 $ 995.23
Class 6-B1.....................$ 3,989,129.58 $ 995.23
Class 6-B2.....................$ 2,991,846.93 $ 995.23
Class 6-B3.....................$ 1,994,564.30 $ 995.23
Class 6-B4.....................$ 598,368.99 $ 995.23
Class 6-B5.....................$ 1,396,200.33 $ 995.23
Class 6-R......................$ 0.00 $ 0.00
Class 6-S......................$ 343,409,550.82 $ 899.97
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 5 Principal Balance $ 1,147,929.61
(2) 60-89 days
Number 0 Principal Balance $ 0.00
(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: ........................ 0.391234%
xiii) Senior Percentage for such Distribution Date: .......... 95.38584700%
xiv) Category A-Senior Percentage for such Distribution Date: 68.42191000%
xv) Category B-Senior Percentage for such Distribution Date: 19.71795100%
xvi) Category C-Senior Percentage for such Distribution Date: 7.24598600%
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: . 70.63663800%
xxi) Category A-Group I Senior Percentage for such
Distribution Date: .................................... 52.98282500%
xxii) Category B-Group I Senior Percentage for such
Distribution Date: .................................... 14.35137800%
xxiii)Category C-Group I Senior Percentage for such
Distribution Date: .................................... 3.30243500%
xxiv)Category C-Group I Scheduled Distribution Percentage
for such Distribution Date: ........................... 7.24598600%
xxv) Group II Senior Percentage for such Distribution Date: 24.74920900%
xxvi)Category A-Group II Senior Percentage for such
Distribution Date: .................................... 15.43908500%
xxvii)Category B-Group II Senior Percentage for such
Distribution Date: .................................... 5.36657300%
xxviii)Category C-Group II Senior Percentage for such
Distribution Date: .................................... 3.94355100%
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: .......... 4.61415300%
xxxxiii)Junior Prepayment Percentage for such Distribution Date: 0.00000000%
