Exhibit 99.14
GE CAPITAL MORTGAGE SERVICES, INC.
DISTRIBUTION DATE STATEMENT
March 1998
REMIC Multi-Class Pass-Through Certificates
Series 1997-6
Pursuant to the Pooling and Servicing Agreement dated as of June 1, 1997
(the "Agreement") between GE Capital Mortgage Services, Inc. (the "Company") and
State Street Bank and Trust Company (the "Trustee"), governing the Certificates
referred to above, the Company hereby certifies to the Trustee:
(a) The amounts below (other than for Class R) are for a Single Certificate of
$1,000:
i) The amount of such distribution allocable to principal:
Class 6-A1........$ 72.51221032 Class 6-A13....$ 0.00000000
Class 6-A2........$ 0.00000000 Class 6-A14....$ 0.00000000
Class 6-A3........$ 0.00000000 Class 6-A15....$ 0.00000000
Class 6-A4........$ 0.68775211 Class 6-A16....$ 72.51221031
Class 6-A5........$ 0.00000000 Class 6-A17....$ 72.51221036
Class 6-A6........$ 93.98595053 Class 6-A18....$ 72.51221028
Class 6-A7........$ 0.00000000 Class 6-PO.....$ 2.23803434
Class 6-A8........$ 0.68775198 Class 6-M......$ 0.68775255
Class 6-A9........$ 0.00000000 Class 6-B1.....$ 0.68775178
Class 6-A10.......$ 132.32088522 Class 6-B2.....$ 0.68775267
Class 6-A11.......$ 0.00000000 Class 6-B3.....$ 0.68775444
Component A11A....$ 0.00000000 Class 6-B4.....$ 0.68774647
Component A11B....$ 0.00000000 Class 6-B5.....$ 0.68774113
Class 6-A12.......$ 14.43114754 Class 6-R......$ 0.00000000
ii) Principal Prepayments included in the above principal distribution
(including the Scheduled Principal Balances of all Defaulted Mortgage
Loans and Defective Mortgage Loans purchased pursuant to Section 2.02,
2.03 (b) or 3.16, respectively, and any amounts deposited pursuant to
Section 2.03(b) in connection with the substitution of any Mortgage
Loans pursuant to Section 2.02 or 2.03(a), the proceeds of which are
being distributed on such Distribution Date):
Class 6-A1........$ 71.60837858 Class 6-A14....$ 0.00000000
Class 6-A2........$ 0.00000000 Class 6-A15....$ 0.00000000
Class 6-A3........$ 0.00000000 Class 6-A16....$ 71.60837857
Class 6-A4........$ 0.67917959 Class 6-A17....$ 71.60837861
Class 6-A5........$ 0.00000000 Class 6-A18....$ 71.60837854
Class 6-A6........$ 92.81445837 Class 6-PO.....$ 2.21013826
Class 6-A7........$ 0.00000000 Class 6-M......$ 0.00000000
Class 6-A8........$ 0.67917946 Class 6-B1.....$ 0.00000000
Class 6-A9........$ 0.00000000 Class 6-B2.....$ 0.00000000
Class 6-A10.......$ 130.67156553 Class 6-B3.....$ 0.00000000
Class 6-A11.......$ 0.00000000 Class 6-B4.....$ 0.00000000
Component A11A....$ 0.00000000 Class 6-B5.....$ 0.00000000
Component A11B....$ 0.00000000 Class 6-R......$ 0.00000000
Class 6-A12.......$ 14.25126984
Class 6-A13.......$ 0.00000000
iii) The amount of such distribution to the Certificateholders of each
class, allocable to Interest:
Class 6-A1........$ 5.04056786 Class 6-A15....$ 6.24999972
Class 6-A2........$ 6.25000000 Class 6-A16....$ 4.80534141
Class 6-A3........$ 6.25000000 Class 6-A17....$ 4.87254886
Class 6-A4........$ 6.21581702 Class 6-A18....$ 6.04868130
Class 6-A5........$ 6.25000062 Class 6-M......$ 6.21581749
Class 6-A6........$ 5.00428777 Class 6-B1.....$ 6.21581718
Class 6-A7........$ 6.25000000 Class 6-B2.....$ 6.21581686
Class 6-A8........$ 6.21581689 Class 6-B3.....$ 6.21581124
Class 6-A9........$ 6.24999966 Class 6-B4.....$ 6.21581434
Class 6-A10.......$ 4.20631874 Class 6-B5.....$ 6.21576615
Class 6-A11.......$ 0.00000000 Class 6-R......$ 0.00000000
Component A11A....$ 0.00000000 Class 6-S......$ 0.53440564
Component A11B....$ 0.00000000
Class 6-A12.......$ 5.54836066
Class 6-A13.......$ 6.25000000
Class 6-A14.......$ 0.00000000
iv) Accrual Amount:
Class A11A Component $ 0.00
Class A11B Component $ 0.00
Class A14 Component $ 880.30
v) The amount of servicing compensation received by the Company during
the month preceding the month of distribution:......$ 75,161.22
(b) The amounts below are for the aggregate of all Certificates.
vi) The Pool Scheduled Principal Balances of each Mortgage Pool on the
preceding Due Date after giving effect to all distributions allocable
to principal made on such Distribution Date:........$ 332,419,998.65
The aggregate number of Mortgage Loans included in the Scheduled
Principal Balance set forth above:.................. 1,140
vii) The Class Certificate Principal Balance of each Class and the
Certificate Principal Balance of a Single Certificate of each Class
after giving effect to (i) all distributions allocable to principal
made on such Distribution Date and (ii) the allocation of any Realized
Losses and any Subordinate Writedown Certificate Amount for such
Distribution Date:
Class Certificate Single
Principal Balance Certificate Balance
----------------- -------------------
Class 6-A1...................$ 40,668,031.86 $ 733.98
Class 6-A2...................$ 27,152,000.00 $ 1,000.00
Class 6-A3...................$ 8,015,000.00 $ 1,000.00
Class 6-A4...................$ 56,649,049.44 $ 993.84
Class 6-A5...................$ 6,001,105.00 $ 1,000.00
Class 6-A6...................$ 28,710,413.39 $ 706.70
Class 6-A7...................$ 1,927,000.00 $ 1,000.00
Class 6-A8...................$ 19,691,010.82 $ 993.84
Class 6-A9...................$ 3,680,965.00 $ 1,000.00
Class 6-A10..................$ 5,754,002.60 $ 540.69
Class 6-A11..................$ 0.00 $ 0.00
Component A11A...............$ 0.00 $ 0.00
Component A11B...............$ 0.00 $ 0.00
Class 6-A12..................$ 53,271.99 $ 873.31
Class 6-A13..................$ 14,305,000.00 $ 1,000.00
Class 6-A14..................$ 141,728.01 $ 1,057.67
Class 6-A15..................$ 8,802,874.00 $ 1,000.00
Class 6-A16..................$ 18,410,908.94 $ 733.98
Class 6-A17..................$ 60,703,406.56 $ 733.98
Class 6-A18..................$ 14,413,096.80 $ 733.98
Class 6-PO...................$ 410,897.89 $ 982.21
Class 6-M....................$ 5,975,376.52 $ 993.84
Class 6-B1...................$ 3,983,584.01 $ 993.84
Class 6-B2...................$ 2,987,687.75 $ 993.84
Class 6-B3...................$ 1,991,791.51 $ 993.84
Class 6-B4...................$ 597,537.16 $ 993.84
Class 6-B5...................$ 1,394,259.40 $ 993.84
Class 6-R....................$ 0.00 $ 0.00
Class 6-S....................$ 313,634,898.95 $ 821.94
viii)The following pertains to any real estate acquired on behalf of
Certificateholders through foreclosure, or grant of a deed in lieu of
foreclosure or otherwise, of any REO Mortgage Loan:
book value.....................................$ 0.00
unpaid principal balance.......................$ 0.00
number of related mortgage loans............... 0
ix) 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:
(a) delinquent
(1) 30-59 days
Number 9 Principal Balance $ 2,309,535.39
(2) 60-89 days
Number 1 Principal Balance $ 115,487.03
(3) 90 days or more
Number 0 Principal Balance $ 0.00
(b) in foreclosure
Number 0 Principal Balance $ 0.00
x) The Scheduled Principal Balance of any Mortgage Loan and number of
replaced pursuant to Section 2.03(b), and of any Modified Mortgage
Loan purchased pursuant to Section 3.01(c): ..............
$ 0.00 $ 0.00
xi) The Scheduled Principal Balance of any Mortgage Loan and number of any
Modified Mortgage Loan purchased pursuant to Section 3.01(c):
$ 0.00 $ 0.00
xii) The Certificate Interest Rates, applicable to the Interest Accrual
Period relating to such Distribution Date:
Class 6-S: ........................ 0.386942%
xiii) Senior Percentage for such Distribution Date:........... 95.16714300%
xiv) Category A-Senior Percentage for such Distribution Date: 68.26503000%
xv) Category B-Senior Percentage for such Distribution Date: 19.67274000%
xvi) Category C-Senior Percentage for such Distribution Date: 7.22937200%
xvii) Category A-Percentage for such Distribution Date: ...... 71.73172200%
xviii)Category B-Percentage for such Distribution Date: ...... 20.67177800%
xix) Category C-Percentage for such Distribution Date: ...... 7.59650000%
xx) Group I Senior Percentage for such Distribution Date: .. 69.23906000%
xxi) Category A-Group I Senior Percentage for such
Distribution Date: ..................................... 52.09415300%
xxii) Category B-Group I Senior Percentage for such
Distribution Date: ..................................... 14.05180100%
xxiii) Category C-Group I Senior Percentage for such
Distribution Date: ..................................... 3.09310600%
xxiv) Category C-Group I Scheduled Distribution Percentage
for such Distribution Date: ............................ 7.22937200%
xxv) Group II Senior Percentage for such Distribution Date: . 25.92808300%
xxvi) Category A-Group II Senior Percentage for such
Distribution Date: ..................................... 16.17087700%
xxvii) Category B-Group II Senior Percentage for such
Distribution Date: ..................................... 5.62093900%
xxviii) Category C-Group II Senior Percentage for such
Distribution Date: ..................................... 4.13626600%
xxix) Category C-Group II Scheduled Distribution Percentage
for such Distribution Date: ............................ 0.00000000%
xxx) Senior Prepayment Percentage for such Distribution Date:100.00000000%
xxxi) Category A-Senior Prepayment Percentage
for such Distribution Date: ............................ 71.73172200%
xxxii) Category B-Senior Prepayment Percentage
for such Distribution Date: ............................ 20.67177800%
xxxiii) Category C-Senior Prepayment Percentage
for such Distribution Date: ............................ 7.59650000%
xxxiv) Group I Senior Prepayment Percentage for such
Distribution Date: .....................................100.00000000%
xxxv) Category A-Group I Senior Prepayment Percentage for such
Distribution Date: ..................................... 71.73172200%
xxxvi) Category B-Group I Senior Prepayment Percentage for such
Distribution Date: ..................................... 20.67177800%
xxxvii) Category C-Group I Senior Prepayment Percentage for such
Distribution Date: ..................................... 7.59650000%
xxxviii) Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxix) Category A-Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxx) Category B-Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxxi) Category C-Group II Senior Prepayment Percentage for such
Distribution Date: ..................................... 0.00000000%
xxxxii) Junior Percentage for such Distribution Date: .......... 4.83285700%
xxxxiii)Junior Prepayment Percentage for such Distribution Date: 0.00000000%