8-K 1 sam01003_sep.txt SEPTEMBER 8-K UNITED STATES 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): September 27, 2004 STRUCTURED ASSET MORTGAGE INVESTMENTS INC. Mortgage Pass-Through Certificates, Series 2001-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 033-44658-28 52-2267484 Pooling and Servicing Agreement) (Commission 52-2267485 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On September 27, 2004 a distribution was made to holders of STRUCTURED ASSET MORTGAGE INVESTMENTS INC., Mortgage Pass-Through Certificates, Series 2001-3 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-3 Trust, relating to the September 27, 2004 distribution. 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 hereunto duly authorized. STRUCTURED ASSET MORTGAGE INVESTMENTS INC. Mortgage Pass-Through Certificates, Series 2001-3 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 10/4/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2001-3 Trust, relating to the September 27, 2004 distribution. EX-99.1

Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Record Date: 78/31/2004 Distribution Date: 89/2527/2004 SAM Series: 2001-3 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 86358HLR8 SEN 8.25000% 0.00 0.00 0.00 A-2 86358HLS6 SEN 8.12500% 0.00 0.00 0.00 M-1 86358HLT4 SUB 7.57000% 2,~~816~~558,~~637~~250.6135 1716,~~768~~138.2930 ~~258~~990,~~387~~322.2654 M-2 86358HLU1 SUB 8.02000% 2,994,000.00 20,009.90 0.00 B 86358HLV9 SUB 8.56000% 3,422,000.00 3327,~~041~~316.0061 0.00 C 86358HLW7 OC 0.00000% 234,413.68 0.0001 0.00 R-1 SAM0101R1 RES 0.00000% 0.00 0.00 0.00 R-2 SAM0101R2 RES 0.00000% 0.00 0.00 0.00 Totals 9,~~467~~208,~~051~~664.2903 7063,~~819~~464.1982 ~~258~~990,~~387~~322.2654

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 0.00 0.00 0.00 A-2 0.00 0.00 0.00 0.00 M-1 0.00 21,~~558~~567,~~250~~927.3581 ~~276~~1,~~155~~006,460.5584 0.00 M-2 0.00 2,994,000.00 20,009.90 0.00 B 0.00 3,422,000.00 3327,~~041~~316.0061 0.00 C 0.00 ~~234~~241,~~413~~939.68 0.0001 102,650.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 Totals 0.00 98,~~208~~225,~~664~~867.0349 ~~329~~1,~~206~~053,787.4536 102,650.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 94,275,000.00 0.00 0.00 0.00 0.00 0.00 A-2 66,974,000.00 0.00 0.00 0.00 0.00 0.00 M-1 3,422,000.00 2,~~816~~558,~~637~~250.6135 0.00 ~~258~~990,~~387~~322.2654 0.00 0.00 M-2 2,994,000.00 2,994,000.00 0.00 0.00 0.00 0.00 B 3,422,000.00 3,422,000.00 0.00 0.00 0.00 0.00 C 584.87 234,413.68 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 Totals 171,087,584.87 9,~~467~~208,~~051~~664.2903 0.00 ~~258~~990,~~387~~322.2654 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 0.00 0.00 0.00000000 0.00 A-2 0.00 0.00 0.00000000 0.00 M-1 ~~258~~990,~~387~~322.2654 21,~~558~~567,~~250~~927.3581 0.~~74758923~~45819048 ~~258~~990,~~387~~322.2654 M-2 0.00 2,994,000.00 1.00000000 0.00 B 0.00 3,422,000.00 1.00000000 0.00 C 0.00 ~~234~~241,~~413~~939.68 ~~400~~413.~~79621112~~66402790 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 Totals ~~258~~990,~~387~~322.2654 98,~~208~~225,~~664~~867.0349 0.~~05382427~~04807986 ~~258~~990,~~387~~322.2654

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 94,275,000.00 0.00000000 0.00000000 0.00000000 0.00000000 A-2 66,974,000.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 3,422,000.00 ~~823~~747.~~09690532~~58923144 0.00000000 75289.~~50767387~~39875511 0.00000000 M-2 2,994,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 3,422,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 584.87 400796.21112384 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 75289.~~50767387~~39875511 ~~747~~458.~~58923144~~19047633 0.~~74758923~~45819048 75289.~~50767387~~39875511 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 ~~400~~413,~~796~~664.~~21112384~~02790364 ~~400~~413.~~79621112~~66402790 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 94,275,000.00 8.25000% 0.00 0.00 0.00 0.00 A-2 66,974,000.00 8.12500% 0.00 0.00 0.00 0.00 M-1 3,422,000.00 7.57000% 2,~~816~~558,~~637~~250.6135 1716,~~768~~138.2930 0.00 0.00 M-2 2,994,000.00 8.02000% 2,994,000.00 20,009.90 0.00 0.00 B 3,422,000.00 8.56000% 3,422,000.00 24,410.27 83,~~630~~732.7367 0.00 C 584.87 0.00000% 234,413.68 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 171,087,584.87 6260,~~188~~558.4647 83,~~630~~732.7367 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 0.00 0.00 0.00 A-2 0.00 0.00 0.00 0.00 0.00 M-1 0.00 0.00 1716,~~768~~138.2930 0.00 21,~~558~~567,~~250~~927.3581 M-2 0.00 0.00 20,009.90 0.00 2,994,000.00 B 0.00 0.00 3327,~~041~~316.0061 106,~~492~~834.7391 3,422,000.00 C 0.00 0.00 0.0001 0.00 ~~234~~241,~~413~~939.68 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 7063,~~819~~464.1982 106,~~492~~834.7391 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 94,275,000.00 8.25000% 0.00000000 0.00000000 0.00000000 0.00000000 A-2 66,974,000.00 8.12500% 0.00000000 0.00000000 0.00000000 0.00000000 M-1 3,422,000.00 7.57000% ~~823~~747.~~09690532~~58923144 54.~~19236996~~71604325 0.00000000 0.00000000 M-2 2,994,000.00 8.02000% 1000.00000000 6.68333333 0.00000000 0.00000000 B 3,422,000.00 8.56000% 1000.00000000 7.13333431 21.~~52213033~~09078609 0.00000000 C 584.87 0.00000% 400796.21112384 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1000 denomination

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 0.00000000 54.~~19236996~~71604325 0.00000000 ~~747~~458.~~58923144~~19047633 M-2 0.00000000 0.00000000 6.68333333 0.00000000 1000.00000000 B 0.00000000 0.00000000 97.~~65546464~~98264465 31.~~06625658~~99734366 1000.00000000 C 0.00000000 0.00000000 0.~~00000000~~01709782 0.00000000 ~~400796~~413664.~~21112384~~02790364 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal ~~335~~1,~~617~~018,424.3345 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 3264,~~990~~752.8797 Realized Loss (Gains, Subsequent Expenses & Recoveries) 07,526.00 Prepayment Penalties 0.00 Total Deposits ~~368~~1,~~608~~090,703.2042 Withdrawals Reimbursement for Servicer Advances 3532,~~366~~990.4487 Payment of Service Fee 43,~~035~~925.3119 Payment of Interest and Principal ~~329~~1,~~206~~053,787.4536 Total Withdrawals (Pool Distribution Amount) ~~368~~1,~~608~~090,703.2042 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 3,~~944~~836.6094 Special Servicing Fee 0.00 Trustee Fee 9088.7125 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 43,~~035~~925.3119

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 328 0 0 0 328 ~~776~~4,~~646~~489,689.9839 0.00 0.00 0.00 ~~776~~4,~~646~~489,689.9839 60 Days 47 0 0 0 47 ~~654~~1,~~263~~616,886.8443 0.00 0.00 0.00 ~~654~~1,~~263~~616,886.8443 90 Days 12 0 0 0 12 ~~499~~398,~~812~~514.6903 0.00 0.00 0.00 ~~499~~398,~~812~~514.6903 120 Days 10 0 0 0 10 ~~304,702~~0.6200 0.00 0.00 0.00 ~~304,702~~0.6200 150 Days 10 0 0 0 10 ~~132,570~~0.0100 0.00 0.00 0.00 ~~132,570~~0.0100 180+ Days 6 0 0 0 6 1,~~359~~109,~~617~~126.8229 0.00 0.00 0.00 1,~~359~~109,~~617~~126.8229 Totals 1643 0 0 0 1643 37,~~727~~614,~~613~~216.9614 0.00 0.00 0.00 37,~~727~~614,~~613~~216.9614 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 659.~~000000~~574468% 0.000000% 0.000000% 0.000000% 659.~~000000~~574468% 854.~~433872~~580133% 0.000000% 0.000000% 0.000000% 854.~~433872~~580133% 60 Days 814.~~000000~~893617% 0.000000% 0.000000% 0.000000% 814.~~000000~~893617% 719.~~104873~~656121% 0.000000% 0.000000% 0.000000% 719.~~104873~~656121% 90 Days 24.~~000000~~255319% 0.000000% 0.000000% 0.000000% 24.~~000000~~255319% 54.~~427635~~844644% 0.000000% 0.000000% 0.000000% 54.~~427635~~844644% 120 Days 20.000000% 0.000000% 0.000000% 0.000000% 20.000000% 30.~~308869~~000000% 0.000000% 0.000000% 0.000000% 30.~~308869~~000000% 150 Days 20.000000% 0.000000% 0.000000% 0.000000% 20.000000% 10.~~439623~~000000% 0.000000% 0.000000% 0.000000% 10.~~439623~~000000% 180+ Days 12.~~000000~~765957% 0.000000% 0.000000% 0.000000% 12.~~000000~~765957% 1413.~~764550~~483396% 0.000000% 0.000000% 0.000000% 1413.~~764550~~483396% Totals 3291.~~000000~~489362% 0.000000% 0.000000% 0.000000% 3291.~~000000~~489362% 4092.~~479422~~564294% 0.000000% 0.000000% 0.000000% 4092.~~479422~~564294%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3264,~~990~~752.8797

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 98.~~488214~~781731% Weighted Average Net Coupon 8.~~988215~~281732% Weighted Average Pass-Through Rate 8.~~976714~~270231% Weighted Average Maturity(Stepdown Calculation ) ~~277~~276 Beginning Scheduled Collateral Loan Count 5350 Number Of Loans Paid In Full 3 Ending Scheduled Collateral Loan Count 5047 Beginning Scheduled Collateral Balance 9,~~467~~208,~~051~~664.2903 Ending Scheduled Collateral Balance 98,~~208~~225,~~664~~867.0349 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 98,~~208~~225,~~664~~867.0349 Monthly P &I Constant 8375,~~814~~923.2242 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0(7,526.00) Cumulative Realized Loss 1,~~534~~526,~~034~~508.42 Ending Scheduled Balance for Premium Loans 98,~~208~~225,~~664~~867.0349 Scheduled Principal 8,~~959~~533.7141 Unscheduled Principal ~~249~~974,~~427~~263.5513 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 855,437.92 Overcollateralized Amount ~~234~~241,~~413~~939.68 Overcollateralized Deficiency Amount ~~621~~613,~~024~~498.24 Base Overcollateralized Amount 0.00

Filing Compare · STRUCTURED ASSET MORTGAGE INV INC MOR PAS-THR CER SER 2001-3