Exhibit 99.30
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 1999
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 % 7.394025
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Weighted average maturity 348.79
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A. Amount 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 $ 1.00702493 $ 0.06341360 $ 0.00000000 % 0.00000000
1A1 $ 20.51018045 $ 19.45764705 $ 4.99664804 % 6.75000003
1A2 $ 14.93676188 $ 14.17024295 $ 5.16739593 % 6.75000012
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 $ 82.63567328 $ 78.39500763 $ 3.09336489 % 6.74999958
1A10 $ 0.00000000 $ 0.00000000 $ 5.62500000 % 6.75000000
1A11 $ 0.00000000 $ 0.00000000 $ 5.62500000 % 6.75000000
1A12 $ 4.83639119 $ 4.58819915 $ 5.48963466 % 6.75000000
1A13 $ 57.64693826 $ 54.68863490 $ 3.85850067 % 6.74999988
1A14 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
1A15 $ 4.86888097 $ 4.61902170 $ 5.48872534 % 6.75000004
1A16 $ 56.45759043 $ 53.56032191 $ 3.86573804 % 6.75000025
1A17 $ 0.00000000 $ 0.00000000 $ 5.62500000 % 6.75000000
1R $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
1M $ 0.81635348 $ 0.00000000 $ 5.59379685 % 6.74999955
1B1 $ 0.81635288 $ 0.00000000 $ 5.59379677 % 6.74999946
1B2 $ 0.81635193 $ 0.00000000 $ 5.59379828 % 6.75000130
1B3 $ 0.81635442 $ 0.00000000 $ 5.59379527 % 6.74999764
1B4 $ 0.81635135 $ 0.00000000 $ 5.59379344 % 6.74999544
1B5 $ 0.81634991 $ 0.00000000 $ 5.59379856 % 6.75000159
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:
$ 91,100.44
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C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 470,555,949.58
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2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 1,525
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3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
1PO $ 419,647.82 $ 419,222.07 $ 991.58 GE98111PO
1A1 $ 169,930,447.32 $ 166,006,849.80 $ 867.78 36157RJC0
1A2 $ 45,638,440.06 $ 44,896,381.73 $ 903.71 36157RJD8
1A3 $ 4,860,000.00 $ 4,860,000.00 $ 1,000.00 36157RJE6
1A4 $ 3,980,000.00 $ 3,980,000.00 $ 1,000.00 36157RJF3
1A5 $ 3,980,000.00 $ 3,980,000.00 $ 1,000.00 36157RJG1
1A6 $ 3,980,000.00 $ 3,980,000.00 $ 1,000.00 36157RJH9
1A7 $ 16,800,000.00 $ 16,800,000.00 $ 1,000.00 36157RJJ5
1A8 $ 41,524,119.00 $ 41,524,119.00 $ 1,000.00 36157RJK2
1A9 $ 1,801,025.89 $ 1,530,394.06 $ 467.30 36157RJL0
1A10 $ 9,920,000.00 $ 9,920,000.00 $ 1,000.00 36157RJM8
1A11 $ 51,000,000.00 $ 51,000,000.00 $ 1,000.00 36157RJN6
1A12 $ 34,352,913.78 $ 34,182,672.81 $ 971.10 36157RJP1
1A13 $ 10,220,739.73 $ 9,361,800.35 $ 628.31 36157RJQ9
1A14 $ 0.00 $ 0.00 $ 0.00 36157RJR7
1A15 $ 44,514,781.99 $ 44,292,663.64 $ 970.90 36157RJS5
1A16 $ 13,641,759.50 $ 12,521,076.33 $ 630.78 36157RJT3
1A17 $ 720,000.00 $ 720,000.00 $ 1,000.00 36157RJU0
SUP1 $ 454,696,467.73 $ 447,394,332.83 $ 904.85 G9811SUP1
1R $ 0.00 $ 0.00 $ 0.00 36157RJY2
1M $ 9,525,863.74 $ 9,518,043.90 $ 993.64 36157RJV8
1B1 $ 4,120,018.11 $ 4,116,635.96 $ 993.64 36157RJW6
1B2 $ 2,317,075.11 $ 2,315,173.01 $ 993.64 36157RJX4
1B3 $ 2,059,511.83 $ 2,057,821.16 $ 993.64 36157RLG8
1B4 $ 1,030,253.14 $ 1,029,407.40 $ 993.64 36157RLH6
1B5 $ 1,544,956.08 $ 1,543,687.81 $ 993.64 36157RLJ2
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 10 Principal Balance $ 3,219,701.81
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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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