SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported) November 25, 1998

                       GE CAPITAL MORTGAGE SERVICES, INC.
                    (as Seller and Servicer under Pooling and
                   Servicing Agreements each providing for the
           issuance of a Series of Mortgage Pass-Through Certificates)

                       GE Capital Mortgage Services, Inc.
                       ----------------------------------
              (formerly known as Travelers Mortgage Services, Inc.)
             (Exact name of registrant as specified in its charter)

             New Jersey            33-5042                21-0627285
             ----------            -------                ----------
          (State or Other        (Commission          (I.R.S. Employer
          Jurisdiction of        File Number)         Identification No.)
           Incorporation)

          Three Executive Campus
          Cherry Hill, New Jersey                    08002
          -----------------------                    -----
          (Address of Principal                    (Zip Code)
           Executive Offices)

                    Registrant's telephone number, including
                            area code (609) 661-6100



Item 5.  Other Events
- -------  ------------

     On November 25, 1998 GE Capital Mortgage Services,  Inc.  ("GECMSI") passed
through to Certificateholders of Mortgage  Pass-Through  Certificates  principal
and  interest   payments  as  required  for  the  various   Series  of  Mortgage
Pass-Through  Certificates  listed  below and as detailed  in Item 7,  Financial
Statements, Pro Forma Financial Information and Exhibits, of this Report.

Series                                 Distribution on Series
- ------                                 ----------------------
Series 1998-01                              $5,895,285.08
                                            -------------
Series 1998-02                             $13,292,629.34
                                           --------------
Series 1998-03                             $11,568,104.07
                                           --------------
Series 1998-04                             $17,447,999.75
                                           --------------
Series 1998-HE1                             $3,706,127.62
                                            -------------
Series 1998-HE2                             $4,549,922.67
                                            -------------
Series 1998-05                             $16,170,344.94
                                           --------------
Series 1998-6A                              $5,073,461.15
                                            -------------
Series 1998-6B                             $16,724,494.71
                                           --------------
Series 1998-07                              $5,513,544.12
                                            -------------
Series 1998-08A                            $16,596,889.42
                                           --------------
Series 1998-08B                             $5,516,573.22
                                            -------------
Series 1998-09                             $21,464,440.35
                                           --------------
Series 1998-10A                            $14,126,562.98
                                           --------------
Series 1998-10B                             $4,137,903.30
                                            -------------
Series 1998-11A                            $13,759,930.08
                                           --------------
Series 1998-11B                             $6,194,931.02
                                            -------------
Series 1998-11C                             $2,719,605.58
                                            -------------
Series 1998-12A                            $12,084,916.89
                                           --------------
Series 1998-12-B                            $6,305,888.68
                                            -------------
Series 1998-12C                             $5,776,150.54
                                            -------------
Series 1998-12D                             $3,976,961.34
                                            -------------
Series 1998-13                             $27,258,529.76
                                           --------------
Series 1998-14                             $13,879,212.87
                                           --------------
Series 1998-15                             $11,544,908.92
                                           --------------
Series 1998-16                              $4,574,616.02
                                            -------------
Series 1998-17                              $7,367,098.51
                                            -------------
Series 1998-18                              $6,785,072.97
                                            -------------
Series 1998-19                              $6,728,792.78
                                            -------------
Series 1998-20                              $9,713,939.63
                                            -------------

Item 7.  Financial Statements and Exhibits
- -------  ---------------------------------

     Attached  as Exhibits to Item 7 are the  "Servicer's  Certificate"  and the
"Distribution Date Statement" filed as part of this Report.

  Series                     Exhibit No.            Description
  ------                     -----------            -----------
Series 1998-01                   99.1          Servicer's Certificate
                                 99.2          Distribution Date Statment
Series 1998-02                   99.3          Servicer's Certificate
                                 99.4          Distribution Date Statment
Series 1998-03                   99.5          Servicer's Certificate
                                 99.6          Distribution Date Statment
Series 1998-04                   99.7          Servicer's Certificate
                                 99.8          Distribution Date Statment
Series 1998-HE1                  99.9          Servicer's Certificate
                                99.10          Distribution Date Statement
Series 1998-05                  99.11          Servicer's Certificate
                                99.12          Distribution Date Statment
Series 1998-6A                  99.13          Servicer's Certificate
                                99.14          Distribution Date Statment
Series 1998-6B                  99.15          Servicer's Certificate
                                99.16          Distribution Date Statment
Series 1998-07                  99.17          Servicer's Certificate
                                99.18          Distribution Date Statment
Series 1998-08A                 99.19          Servicer's Certificate
                                99.20          Distribution Date Statment
Series 1998-08B                 99.21          Servicer's Certificate
                                99.22          Distribution Date Statment
Series 1998-09                  99.23          Servicer's Certificate
                                99.24          Distribution Date Statment
Series 1998-10A                 99.25          Servicer's Certificate
                                99.26          Distribution Date Statment
Series 1998-10B                 99.27          Servicer's Certificate
                                99.28          Distribution Date Statment
Series 1998-11A                 99.29          Servicer's Certificate
                                99.30          Distribution Date Statment
Series 1998-11B                 99.31          Servicer's Certificate
                                99.32          Distribution Date Statment
Series 1998-11C                 99.33          Servicer's Certificate
                                99.34          Distribution Date Statment
Series 1998-HE2                 99.35          Servicer's Certificate
                                99.36          Distribution Date Statment
Series 1998-12A                 99.37          Servicer's Certificate
                                99.38          Distribution Date Statment
Series 1998-12B                 99.39          Servicer's Certificate
                                99.40          Distribution Date Statment
Series 1998-12C                 99.41          Servicer's Certificate
                                99.42          Distribution Date Statment
Series 1998-12D                 99.43          Servicer's Certificate
                                99.44          Distribution Date Statment
Series 1998-13                  99.45          Servicer's Certificate
                                99.46          Distribution Date Statment
Series 1998-14                  99.47          Servicer's Certificate
                                99.48          Distribution Date Statment
Series 1998-15                  99.49          Servicer's Certificate
                                99.50          Distribution Date Statment
Series 1998-16                  99.51          Servicer's Certificate
                                99.52          Distribution Date Statment
Series 1998-17                  99.53          Servicer's Certificate
                                99.54          Distribution Date Statment
Series 1998-18                  99.55          Servicer's Certificate
                                99.56          Distribution Date Statment
Series 1998-19                  99.57          Servicer's Certificate
                                99.58          Distribution Date Statment
Series 1998-20                  99.59          Servicer's Certificate
                                99.60          Distribution Date Statment


                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                 GE CAPITAL MORTGAGE SERVICES, INC.

                                 By:    /s/ Tim Neer
                                       --------------------------------
                                 Name:   Tim Neer
                                 Title:  Vice President, Investor Relations

Dated as of :  November 25, 1998


                                 EXHIBIT INDEX

EXHIBIT NO.                      DESCRIPTION
- -----------                      -----------
   99.1               Series 1998-01 Servicer's Certificate
   99.2               Series 1998-01 Distribution Date Statement
   99.3               Series 1998-02 Servicer's Certificate
   99.4               Series 1998-02 Distribution Date Statement
   99.5               Series 1998-03 Servicer's Certificate
   99.6               Series 1998-03 Distribution Date Statement
   99.7               Series 1998-04 Servicer's Certificate
   99.8               Series 1998-04 Distribution Date Statement
   99.9               Series 1998-HE1 Servicer's Certificate
   99.10              Series 1998-HE1 Distribution Date Statement
   99.11              Series 1998-05 Servicer's Certificate
   99.12              Series 1998-05 Distribution Date Statement
   99.13              Series 1998-6A Servicer's Certificate
   99.14              Series 1998-6A Distribution Date Statement
   99.15              Series 1998-6B Servicer's Certificate
   99.16              Series 1998-6B Distribution Date Statement
   99.17              Series 1998-07 Servicer's Certificate
   99.18              Series 1998-07 Distribution Date Statement
   99.19              Series 1998-08A Servicer's Certificate
   99.20              Series 1998-08A Distribution Date Statement
   99.21              Series 1998-08B Servicer's Certificate
   99.22              Series 1998-08B Distribution Date Statement
   99.23              Series 1998-09 Servicer's Certificate
   99.24              Series 1998-09 Distribution Date Statement
   99.25              Series 1998-10A Servicer's Certificate
   99.26              Series 1998-10A Distribution Date Statement
   99.27              Series 1998-10B Servicer's Certificate
   99.28              Series 1998-10B Distribution Date Statement
   99.29              Series 1998-11A Servicer's Certificate
   99.30              Series 1998-11A Distribution Date Statement
   99.31              Series 1998-11B Servicer's Certificate
   99.32              Series 1998-11B Distribution Date Statement
   99.33              Series 1998-11C Servicer's Certificate
   99.34              Series 1998-11C Distribution Date Statement
   99.35              Series 1998-HE2 Servicer's Certificate
   99.36              Series 1998-HE2 Distribution Date Statement
   99.37              Series 1998-12A Servicer's Certificate
   99.38              Series 1998-12A Distribution Date Statement
   99.39              Series 1998-12B Servicer's Certificate
   99.40              Series 1998-12B Distribution Date Statement
   99.41              Series 1998-12C Servicer's Certificate
   99.42              Series 1998-12C Distribution Date Statement
   99.43              Series 1998-12D Servicer's Certificate
   99.44              Series 1998-12D Distribution Date Statement
   99.45              Series 1998-13 Servicer's Certificate
   99.46              Series 1998-13 Distribution Date Statement
   99.47              Series 1998-14 Servicer's Certificate
   99.48              Series 1998-14 Distribution Date Statement
   99.49              Series 1998-15 Servicer's Certificate
   99.50              Series 1998-15 Distribution Date Statement
   99.51              Series 1998-16 Servicer's Certificate
   99.52              Series 1998-16 Distribution Date Statement
   99.53              Series 1998-17 Servicer's Certificate
   99.54              Series 1998-17 Distribution Date Statement
   99.55              Series 1998-18 Servicer's Certificate
   99.56              Series 1998-18 Distribution Date Statement
   99.57              Series 1998-19 Servicer's Certificate
   99.58              Series 1998-19 Distribution Date Statement
   99.59              Series 1998-20 Servicer's Certificate
   99.60              Series 1998-20 Distribution Date Statement