8-K 1 sam01003_nov.txt NOVEMBER 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): November 26, 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 November 26, 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 November 26, 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: 12/4/2004 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 November 26, 2004 distribution. EX-99.1

Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Record Date: 810/31/2004 Distribution Date: 911/2726/2004 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% 21,~~558~~139,~~250~~658.3580 167,~~138~~189.3035 ~~990~~334,~~322~~457.5414 M-2 86358HLU1 SUB 8.02000% 2,994,000.00 20,009.90 0.00 B 86358HLV9 SUB 8.56000% 3,422,000.00 2724,~~316~~410.6127 0.00 C 86358HLW7 OC 0.00000% ~~234~~242,~~413~~210.68 0.0100 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 97,~~208~~797,~~664~~869.0348 6351,~~464~~609.8252 ~~990~~334,~~322~~457.5414

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 1805,~~567,927~~201.8167 1341,~~006,460~~646.8449 0.00 M-2 0.00 2,994,000.00 20,009.90 0.00 B 0.00 3,422,000.00 2724,~~316~~410.6127 0.00 C 0.00 ~~241~~248,~~939~~853.6821 0.0100 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 87,~~225~~470,~~867~~054.4988 1386,~~053,787~~066.3666 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 21,~~558~~139,~~250~~658.3580 0.00 ~~990~~334,~~322~~457.5414 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~~242,~~413~~210.68 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 97,~~208~~797,~~664~~869.0348 0.00 ~~990~~334,~~322~~457.5414 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 ~~990~~334,~~322~~457.5414 1805,~~567,927~~201.8167 0.~~45819048~~23530148 ~~990~~334,~~322~~457.5414 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 ~~241~~248,~~939~~853.6821 ~~413~~425.~~66402790~~48465471 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 Totals ~~990~~334,~~322~~457.5414 87,~~225~~470,~~867~~054.4988 0.~~04807986~~04366217 ~~990~~334,~~322~~457.5414

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 ~~747~~333.~~58923144~~03880771 0.00000000 ~~289~~97.~~39875511~~73732905 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~~414127.~~21112384~~37873374 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 ~~289~~97.~~39875511~~73732905 ~~458~~235.~~19047633~~30148159 0.~~45819048~~23530148 ~~289~~97.~~39875511~~73732905 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 ~~413~~425,~~664~~484.~~02790364~~65470959 ~~413~~425.~~66402790~~48465471 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% 21,~~558~~139,~~250~~658.3580 167,~~138~~189.3035 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 ~~3,732~~0.6700 0.00 C 584.87 0.00000% ~~234~~242,~~413~~210.68 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 6051,~~558~~609.4752 ~~3,732~~0.6700 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 0.00 167,~~138~~189.3035 0.00 1805,~~567,927~~201.8167 M-2 0.00 0.00 20,009.90 0.00 2,994,000.00 B 0.00 0.00 2724,~~316~~410.6127 ~~6,834~~0.9100 3,422,000.00 C 0.00 0.00 0.0100 0.00 ~~241~~248,~~939~~853.6821 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 6351,~~464~~609.8252 ~~6,834~~0.9100 (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% ~~747~~333.~~58923144~~03880771 42.~~71604325~~10092051 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 10.~~09078609~~00000000 0.00000000 C 584.87 0.00000% ~~400796~~414127.~~21112384~~37873374 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 42.~~71604325~~10092051 0.00000000 ~~458~~235.~~19047633~~30148159 M-2 0.00000000 0.00000000 6.68333333 0.00000000 1000.00000000 B 0.00000000 0.00000000 7.~~98264465~~13333431 10.~~99734366~~00000000 1000.00000000 C 0.00000000 0.00000000 0.~~01709782~~00000000 0.00000000 ~~413664~~425484.~~02790364~~65470959 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 1396,~~018,424~~544.4511 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 6418,~~752~~798.9732 Realized Loss (Gains, Subsequent Expenses & Recoveries) ~~7,526~~0.00 Prepayment Penalties 0.00 Total Deposits 1415,~~090,703~~342.4243 Withdrawals Reimbursement for Servicer Advances 3225,~~990~~951.8793 Payment of Service Fee 3,~~925~~323.1984 Payment of Interest and Principal 1386,~~053,787~~066.3666 Total Withdrawals (Pool Distribution Amount) 1415,~~090,703~~342.4243 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 3,~~836~~249.9411 Special Servicing Fee 0.00 Trustee Fee 8874.2573 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 3,~~925~~323.1984

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 284 0 0 0 28 4 580,~~489,689~~785.3951 0.00 0.00 0.00 4580,~~489,689~~785.3951 60 Days 70 0 0 0 70 ~~1,616,886~~0.4300 0.00 0.00 0.00 ~~1,616,886~~0.4300 90 Days 21 0 0 0 21 ~~398~~498,~~514~~683.0392 0.00 0.00 0.00 ~~398~~498,~~514~~683.0392 120 Days 01 0 0 0 01 088,081.0006 0.00 0.00 0.00 088,081.0006 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 6 0 0 0 6 1,~~109~~107,~~126~~608.2948 0.00 0.00 0.00 1,~~109~~107,~~126~~608.2948 Totals 4312 0 0 0 4312 72,~~614~~275,~~216~~158.1497 0.00 0.00 0.00 72,~~614~~275,~~216~~158.1497 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 599.~~574468~~302326% 0.000000% 0.000000% 0.000000% 599.~~574468~~302326% 547.~~580133~~774849% 0.000000% 0.000000% 0.000000% 547.~~580133~~774849% 60 Days 140.~~893617~~000000% 0.000000% 0.000000% 0.000000% 140.~~893617~~000000% 190.~~656121~~000000% 0.000000% 0.000000% 0.000000% 190.~~656121~~000000% 90 Days 42.~~255319~~325581% 0.000000% 0.000000% 0.000000% 42.~~255319~~325581% 46.~~844644~~675773% 0.000000% 0.000000% 0.000000% 46.~~844644~~675773% 120 Days 02.~~000000~~325581% 0.000000% 0.000000% 0.000000% 02.~~000000~~325581% 01.~~000000~~179122% 0.000000% 0.000000% 0.000000% 01.~~000000~~179122% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 1213.~~765957~~953488% 0.000000% 0.000000% 0.000000% 1213.~~765957~~953488% 1314.~~483396~~827314% 0.000000% 0.000000% 0.000000% 1314.~~483396~~827314% Totals 9127.~~489362~~906977% 0.000000% 0.000000% 0.000000% 9127.~~489362~~906977% 9230.~~564294~~457058% 0.000000% 0.000000% 0.000000% 9230.~~564294~~457058%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 6418,~~752~~798.9732

COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 89.~~781731~~475802% Weighted Average Net Coupon 8.~~281732~~975802% Weighted Average Pass-Through Rate 8.~~270231~~964302% Weighted Average Maturity(Stepdown Calculation ) ~~276~~274 Beginning Scheduled Collateral Loan Count 5044 Number Of Loans Paid In Full 31 Ending Scheduled Collateral Loan Count 4743 Beginning Scheduled Collateral Balance 97,~~208~~797,~~664~~869.0348 Ending Scheduled Collateral Balance 87,~~225~~470,~~867~~054.4988 Ending Actual Collateral Balance at 31-~~Aug~~Oct-2004 87,~~225~~470,~~867~~054.4988 Monthly P &I Constant 7569,~~923~~697.4217 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount ~~(7,526~~0.00) Cumulative Realized Loss 1,526,508.42 Ending Scheduled Balance for Premium Loans 87,~~225~~470,~~867~~054.4988 Scheduled Principal 8,~~533~~121.4128 Unscheduled Principal ~~974~~319,~~263~~693.1332 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 06,642.0054 Overcollateralized reduction Amount 0.00 Specified O/C Amount 855,437.92 Overcollateralized Amount ~~241~~248,~~939~~853.6821 Overcollateralized Deficiency Amount 613,~~498~~227.24 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 6,642.54

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