Exhibit 99.46
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
February, 1999
Series 1998-13, REMIC Multi-Class Pass-Through Certificates
Pursuant to the Pooling and Servicing Agreement dated as of August 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 % 7.335907
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Weighted average maturity 352.14
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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
----- ----------- ----------- ----------- -----------
R $ 0.00000000 $ 0.00000000 $ 0.20000000 % 0.00000000
PO $ 1.00773245 $ 0.10051566 $ 0.00000000 % 0.00000000
A1 $ 13.46974612 $ 12.39441774 $ 5.06163347 % 6.74999997
A2 $ 19.61896183 $ 18.05272401 $ 4.80444505 % 6.74999990
A3 $ 11.26813909 $ 10.36857136 $ 5.15371482 % 6.75000004
A4 $ 10.14514340 $ 9.33522760 $ 5.20068360 % 6.74999998
A5 $ 0.00000000 $ 0.00000000 $ 5.62500023 % 6.75000027
A6 $ 0.00000000 $ 0.00000000 $ 5.20833329 % 6.24999995
A7 $ 0.00000000 $ 0.00000000 $ 5.20833350 % 6.25000020
A8 $ 0.00000000 $ 0.00000000 $ 5.20833333 % 6.25000000
A9 $ 0.00000000 $ 0.00000000 $ 5.20833324 % 6.24999989
A10 $ 0.00000000 $ 0.00000000 $ 4.41666671 % 5.30000005
A11 $ 0.00000000 $ 0.00000000 $ 2.66666670 % 3.20000005
A12 $ 19.80884070 $ 18.22744432 $ 4.20371087 % 5.40000002
A13 $ 19.80884048 $ 18.22744428 $ 9.30821635 %11.95714218
A14 $ 15.06610045 $ 13.86333051 $ 5.33456096 % 6.75000010
A15 $ 22.69424885 $ 20.88250206 $ 4.24193821 % 5.49999999
A16 $ 4.17548771 $ 3.84214627 $ 9.49646921 %11.57142811
A17 $ 49.05413343 $ 45.13800240 $ 9.27435284 %13.23178331
A18 $ 49.05413251 $ 45.13800121 $ 6.48346263 % 9.25000097
A19 $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
A20 $ 0.00000000 $ 0.00000000 $ 4.83333347 % 5.80000016
A21 $ 0.00000000 $ 0.00000000 $ 8.00000000 % 9.60000000
A22 $ 0.00000000 $ 0.00000000 $ 4.79166671 % 5.75000005
A23 $ 0.00000000 $ 0.00000000 $ 8.83928713 %10.60714455
A24 $ 0.00000000 $ 0.00000000 $ 5.62500013 % 6.75000016
A25 $ 0.00000000 $ 0.00000000 $ 4.83333373 % 5.80000048
A26 $ 0.00000000 $ 0.00000000 $ 8.00000000 % 9.60000000
RL $ 0.00000000 $ 0.00000000 $ 0.00000000 % 0.00000000
M $ 0.80897062 $ 0.00000000 $ 5.60290947 % 6.74999998
B1 $ 0.80897130 $ 0.00000000 $ 5.60291002 % 6.75000065
B2 $ 0.80896968 $ 0.00000000 $ 5.60290855 % 6.74999888
B3 $ 0.80896992 $ 0.00000000 $ 5.60290864 % 6.74999897
B4 $ 0.80896839 $ 0.00000000 $ 5.60291181 % 6.75000278
B5 $ 0.80897010 $ 0.00000000 $ 5.60290872 % 6.74999906
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:
$ 157,251.97
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C. The amounts below are for the aggregate of all Certificates:
1. The Pool Scheduled Principal Balance: $ 832,478,852.13
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2. The aggregate number of Mortgage Loans included in the Pool
Scheduled Principal Balance set forth above: 2,532
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3.
Beginning Aggregate Class Ending Aggregate Ending
Certificate Principal Class Certificate Single Certificate
Class Balance Principal Balance Balance Cusip
- ----- ------- ----------------- ------- -----
R $ 0.00 $ 0.00 $ 0.00 36157RQN8
PO $ 1,232,139.66 $ 1,230,891.67 $ 993.93 GEC9813PO
A1 $ 45,899,342.45 $ 45,212,277.64 $ 886.38 36157RPL3
A2 $ 25,241,059.92 $ 24,661,280.35 $ 834.50 36157RPM1
A3 $ 100,783,755.87 $ 99,544,260.57 $ 904.95 36157RPN9
A4 $ 92,456,597.61 $ 91,442,083.27 $ 914.42 36157RPP4
A5 $ 21,901,000.00 $ 21,901,000.00 $ 1,000.00 36157RPQ2
A6 $ 40,997,000.00 $ 40,997,000.00 $ 1,000.00 36157RPR0
A7 $ 20,000,000.00 $ 20,000,000.00 $ 1,000.00 36157RPS8
A8 $ 30,000,000.00 $ 30,000,000.00 $ 1,000.00 36157RPT6
A9 $ 32,615,223.00 $ 32,615,223.00 $ 1,000.00 36157RPU3
A10 $ 35,317,777.00 $ 35,317,777.00 $ 1,000.00 36157RPV1
A11 $ 35,317,777.00 $ 35,317,777.00 $ 1,000.00 36157RPW9
A12 $ 60,681,590.88 $ 59,394,836.39 $ 914.35 36157RPX7
A13 $ 15,732,264.55 $ 15,398,661.52 $ 914.35 36157RPY5
A14 $ 54,931,277.43 $ 54,058,618.76 $ 933.30 36157RPZ2
A15 $ 69,973,461.96 $ 68,257,663.48 $ 902.82 36157RQA6
A16 $ 11,338,221.93 $ 11,290,149.54 $ 980.64 36157RQB4
A17 $ 3,966,255.40 $ 3,734,937.19 $ 792.04 36157RQC2
A18 $ 2,836,790.62 $ 2,671,344.57 $ 792.04 36157RQD0
A19 $ 0.00 $ 0.00 $ 0.00 36157RQE8
A20 $ 36,642,750.00 $ 36,642,750.00 $ 1,000.00 36157RQF5
A21 $ 12,214,250.00 $ 12,214,250.00 $ 1,000.00 36157RQG3
A22 $ 27,794,118.00 $ 27,794,118.00 $ 1,000.00 36157RQH1
A23 $ 7,205,882.00 $ 7,205,882.00 $ 1,000.00 36157RQJ7
A24 $ 38,395,000.00 $ 38,395,000.00 $ 1,000.00 36157RQK4
A25 $ 12,453,750.00 $ 12,453,750.00 $ 1,000.00 36157RQL2
A26 $ 4,151,250.00 $ 4,151,250.00 $ 1,000.00 36157RQM0
SUP $ 784,092,532.77 $ 775,944,707.94 $ 918.56 GE9813SUP
RL $ 0.00 $ 0.00 $ 0.00 36157RQP3
M $ 16,614,494.28 $ 16,601,000.64 $ 995.26 36157RQQ1
B1 $ 7,184,673.09 $ 7,178,837.99 $ 995.26 36157RQR9
B2 $ 4,041,067.34 $ 4,037,785.35 $ 995.26 36157RQS7
B3 $ 3,592,336.55 $ 3,589,418.99 $ 995.26 36157RQT5
B4 $ 1,795,919.26 $ 1,794,460.68 $ 995.26 36157RQU2
B5 $ 2,694,531.93 $ 2,692,343.54 $ 995.26 36157RQV0
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 9 Principal Balance $ 2,830,234.82
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2. 60-89 days
Number 0 Principal Balance $ 0.00
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3. 90 days or more
Number 1 Principal Balance $ 279,307.42
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4. In Foreclosure
Number 1 Principal Balance $ 235,798.38
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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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7. The Certificate Interest Rate applicable to the Interest Accrual
Period relating to such Distribution Date applicable to any floating
index certificate:
Certificate Interest
Class Rates
A10 % 5.30000005
A11 % 3.20000005
A12 % 5.40000002
A13 % 11.95714218
A15 % 5.49999999
A16 % 11.57142811
A17 % 13.23178331
A18 % 9.25000097
A20 % 5.80000016
A21 % 9.60000000
A22 % 5.75000005
A23 % 10.60714455
A25 % 5.80000048
A26 % 9.60000000
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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