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)  April 25,
                             1996
                               
    Structured Asset Securities Corporation, Series 1995-2
    (Exact name of registrant as specified in its charter)
                               
Delaware                 33-48771            74-2440850
(State or other jurisdiction       (Commission
(IRS Employer
of incorporation or           File Number)
Identification
organization)                                     Number)


200 Vesey Street
New York, New York                                     10285-
0800
(Address of principal executive offices)
(Zip Code)

Registrant's telephone number including area code (212) 526-
5594


          Structured Asset Securities, Series 1995-2
                           Form 8-K
                             INDEX
                               
                               
                                             Page Number

     Item 5.        Other Events                            3

     Item 7.        Financial Statements and Exhibits
3

SIGNATURES                                        4

INDEX OF EXHIBITS                                 5






ITEM 5. OTHER EVENTS

The Structured Asset Securities, Series 1995-2 makes monthly
remittances to security holders.  The latest remittance was
made April 25, 1996.  We have furnished a monthly remittance
statement delivered to the trustee with security holder
payment instructions.


Monthly Remittance
Statement.....................................................
 ....Exhibit 21.1

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     Exhibits

     21.1 Monthly Remittance Statement dated as of April 25,
1996.


                               
                               
                               
                          SIGNATURES
                               
     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 thereunto duly
authorized.

                         Structured Asset Securities, Series
1995-2
                         (Registrant)

                         By:  Lehman Brothers


                         Name:     Michael J. O'Hanlon

                         Title:    Managing Director


                       INDEX OF EXHIBITS
                               

                                        Page of Sequentially
                                        Numbered Pages


21.1 Monthly Remittance Statement dated                6-13
     as of April 25, 1996.





                                            Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services                   Reporting
Month:         March 1996                  Phone:
(410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800


Cover Page

                          Report Name
Report Number

______________________________________________________________
________________

                          Series Structure Summary
1

                          Class Distribution Summary
2

                          Class Distribution Per 1,000 of
Original Balance                                            3

                          Class Principal Distribution
4

                          Class Interest Distribution
5

                          Fund Account Summary
6

                          Loss/Delinquency Detail
7

                          Collateral Summary
8

                          Credit Enhancement Summary
9





















Notes:
**Contact InvestorDirect (SM) at (800) 605-4167 to obtain
additional collateral and security information.

                                                Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800


Series Structure Summary


Aggregate Realized                             Aggregate
Ending
         Class
Original Principal                     Losses Principal
Aggregate Interest      Undistributed      Principal
Class    Description    Principal Type   Interest Type
Balance Pass Through Rate  Balance Reduction
Shortfall          Principal         Factor
______________________________________________________________
______________________________________________________________
___________________________________________
I-A      Senior         Shift Interest   WANR
149,022,521.00       7.14136677%               0.00
0.00               0.00   0.9548327191
I-B1     Subordinate    Prorata          WANR
12,606,143.00       7.14136677%               0.00
0.00               0.00   0.9999909417
I-B2     Subordinate    Prorata          WANR
8,554,169.00       7.14136677%               0.00
0.00               0.00   0.9999909436
I-B3     Subordinate    Prorata          WANR
4,051,975.00       7.14136677%               0.00
0.00               0.00   0.9999909402
I-B4     Subordinate    Prorata          WANR
1,890,921.00       7.14136677%               0.00
0.00               0.00   0.9999909409
I-B5     Subordinate    Prorata          WANR
3,961,930.12       7.14136677%               0.00
0.00               0.00   0.9999909413
II-A     Senior         Shift Interest   Reduced PT
74,075,139.00       7.40125720%               0.00
0.00               0.00   0.8131671569
II-AX    Senior         Interest Only    Notional IO
0.00       0.08000000%               0.00               0.00
0.00   0.0000000000
II-B1    Subordinate    Prorata          Reduced PT
812,312.00       7.58125720%               0.00
0.00               0.00   0.9924482465
II-B2    Subordinate    Prorata          Reduced PT
850,994.00       7.58125720%               0.00
0.00               0.00   0.9924482664
II-B3    Subordinate    Prorata          Reduced PT
386,815.00       7.58125720%               0.00
0.00               0.00   0.9924482763
II-B4    Subordinate    Prorata          Reduced PT
1,237,809.35       7.58125720%               0.00
0.00               0.00   0.9924482393
R        Residual       Priority Pay     WANR
100.00       0.00000000%               0.00               0.00
0.00   0.0000000000
R-1      Residual       Residual         Residual
0.00       0.00000000%               0.00               0.00
0.00   0.0000000000
R-2      Residual       Residual         Residual
0.00       0.00000000%               0.00               0.00
0.00   0.0000000000
______________________________________________________________
______________________________________________________________
___________________________________________
Totals
257,450,828.47                                 0.00
0.00               0.00   0.9200009492



























Report  1
   04/23/96 --  2:49pm
Page  1 of  1


                                           Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services                  Reporting
Month:         March 1996                Phone:
(410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

                                                         Class
Distribution Summary

                                                    Beginning
Principal             Ending
                              Pass Through          Principal
Total Interest    Total Principal            Balance
Principal              Total
Class      Record Date                Rate            Balance
Distribution       Distribution          Reduction
Balance       Distribution
______________________________________________________________
______________________________________________________________
________________________________
I-A        03/29/1996          7.14136677%     142,628,613.09
812,218.33         373,618.55             (0.02)
142,291,578.93       1,185,836.88
I-B1       03/29/1996          7.14136677%      12,607,690.61
71,796.24           4,895.68               0.00
12,606,028.81          76,691.92
I-B2       03/29/1996          7.14136677%       8,555,219.18
48,718.88           3,322.07               0.00
8,554,091.53          52,040.95
I-B3       03/29/1996          7.14136677%       4,052,472.44
23,077.37           1,573.61               0.00
4,051,938.29          24,650.98
I-B4       03/29/1996          7.14136677%       1,891,153.14
10,769.44             734.35               0.00
1,890,903.87          11,503.79
I-B5       03/29/1996          7.14136677%       3,962,416.51
22,564.53           1,538.64               0.00
3,961,894.23          24,103.17
II-A       03/29/1996          7.40125720%      60,827,944.78
375,169.39         592,474.60               0.00
60,235,470.18         967,643.99
II-AX      03/29/1996          0.08000000%               0.00
4,272.95               0.00               0.00
0.00           4,272.95
II-B1      03/29/1996          7.58125720%         806,959.56
5,098.14             781.94               0.00
806,177.62           5,880.08
II-B2      03/29/1996          7.58125720%         845,386.70
5,340.91             819.18               0.00
844,567.52           6,160.09
II-B3      03/29/1996          7.58125720%         384,266.23
2,427.68             372.35               0.00
383,893.88           2,800.03
II-B4      03/29/1996          7.58125720%       1,229,653.24
7,768.60           1,191.53               0.00
1,228,461.71           8,960.13
R          03/29/1996          0.00000000%               0.00
0.00               0.00               0.00               0.00
0.00
R-1        03/29/1996          0.00000000%               0.00
0.00               0.00               0.00               0.00
0.00
R-2        03/29/1996          0.00000000%               0.00
0.00               0.00               0.00               0.00
0.00
______________________________________________________________
______________________________________________________________
________________________________
Totals                                         237,791,775.48
1,389,222.46         981,322.50             (0.02)
236,855,006.57       2,370,544.96



























Report  2
   04/23/96 --  2:49pm
Page  1 of  1


                                       Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services              Reporting
Month:         March 1996             Phone:
(410) 884-2114
11000 Broken Land Parkway                       Distribution
Date:     April 25, 1996             InvestorDirect:
(800) 605-4167
Columbia, MD 21044-7800

                                          Class Distribution
Per 1,000 of Original Balance


Total Other
                                                       Total
Interest       Scheduled       Principal Total Principal
Principal          Ending

Distribution       Principal    Distribution    Distribution
Balance       Principal
Class            Cusip               Original Balance
Factor          Factor          Factor          Factor
Reduction          Factor
______________________________________________________________
______________________________________________________________
_________________________
I-A              863572FZ1             149,022,521.00
5.45030593      0.37164839      2.13547971      2.50712810
(0.24549571)    0.9548327191
I-B1             863572GB3              12,606,143.00
5.69533758      0.38835669      0.00000000      0.38835669
(0.25653207)    0.9999909417
I-B2             863572GC1               8,554,169.00
5.69533756      0.38835684      0.00000000      0.38835684
(0.25653222)    0.9999909436
I-B3             863572GD9               4,051,975.00
5.69533869      0.38835630      0.00000000      0.38835630
(0.25653169)    0.9999909402
I-B4             863572GH0               1,890,921.00
5.69534105      0.38835573      0.00000000      0.38835573
(0.25653108)    0.9999909409
I-B5             863572GJ6               3,961,930.12
5.69533771      0.38835617      0.00000000      0.38835617
(0.25653153)    0.9999909413
II-A             863572GE7              74,075,139.00
5.06471395      0.79570826      7.20258385      7.99829211
0.00000000    0.8131671569
II-AX            863572GG2                       0.00
N/A             N/A             N/A             N/A
N/A             N/A
II-B1            863572GK3                 812,312.00
6.27608604      0.96261043      0.00000000      0.96261043
0.00000000    0.9924482465
II-B2            863572GL1                 850,994.00
6.27608420      0.96261548      0.00000000      0.96261548
0.00000000    0.9924482664
II-B3            863572GM9                 386,815.00
6.27607513      0.96260486      0.00000000      0.96260486
0.00000000    0.9924482763
II-B4            863572GN7               1,237,809.35
6.27608767      0.96261189      0.00000000      0.96261189
0.00000000    0.9924482393
R                863572GA5                     100.00
0.00000000      0.00000000      0.00000000      0.00000000
0.00000000    0.0000000000
R-1              N/A                             0.00
N/A             N/A             N/A             N/A
N/A             N/A
R-2              N/A                             0.00
N/A             N/A             N/A             N/A
N/A             N/A
______________________________________________________________
______________________________________________________________
_________________________
Totals                                 257,450,828.47
0.9200009492


























Report  3
   04/23/96 --  2:49pm
Page  1 of  1


                                               Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800


Class Principal Distribution

                   Beginning
Principal           Ending          Current
                   Principal        Scheduled      Unscheduled
Other  Total Principal          Balance        Principal
Undistributed
Class                Balance        Principal        Principal
Accretion        Principal     Distribution       Reduction*
Balance        Principal
______________________________________________________________
______________________________________________________________
________________________________________
I-A           142,628,613.09        55,383.98       318,234.57
0.00             0.00       373,618.55      (36,584.39)
142,291,578.93             0.00
I-B1           12,607,690.61         4,895.68             0.00
0.00             0.00         4,895.68       (3,233.88)
12,606,028.81             0.00
I-B2            8,555,219.18         3,322.07             0.00
0.00             0.00         3,322.07       (2,194.42)
8,554,091.53             0.00
I-B3            4,052,472.44         1,573.61             0.00
0.00             0.00         1,573.61       (1,039.46)
4,051,938.29             0.00
I-B4            1,891,153.14           734.35             0.00
0.00             0.00           734.35         (485.08)
1,890,903.87             0.00
I-B5            3,962,416.51         1,538.64             0.00
0.00             0.00         1,538.64       (1,016.36)
3,961,894.23             0.00
II-A           60,827,944.78        58,942.20       533,532.40
0.00             0.00       592,474.60             0.00
60,235,470.18             0.00
II-AX                   0.00             0.00             0.00
0.00             0.00             0.00             0.00
0.00             0.00
II-B1             806,959.56           781.94             0.00
0.00             0.00           781.94             0.00
806,177.62             0.00
II-B2             845,386.70           819.18             0.00
0.00             0.00           819.18             0.00
844,567.52             0.00
II-B3             384,266.23           372.35             0.00
0.00             0.00           372.35             0.00
383,893.88             0.00
II-B4           1,229,653.24         1,191.53             0.00
0.00             0.00         1,191.53             0.00
1,228,461.71             0.00
R                       0.00             0.00             0.00
0.00             0.00             0.00             0.00
0.00             0.00
R-1                     0.00             0.00             0.00
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             0.00
0.00             0.00
______________________________________________________________
______________________________________________________________
________________________________________
Totals        237,791,775.48       129,555.53       851,766.97
0.00             0.00       981,322.50      (44,553.59)
236,855,006.57             0.00


*Principal Balance Reduction

Realized Losses Principal Balance Reduction
(0.02)
Negative Amortization Principal Balance Reduction
(44,553.57)
Other
0.00




















Report  4
   04/23/96 --  2:49pm
Page  1 of  1


                                               Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800


Class Interest Distribution

                                     Beginning
Negative                            Ending
                                    Principal/
Interest                                       Amortization
Principal/
                                      Notional
Interest       Shortfall/                             Other
Interest   Total Interest         Notional
Class       Pass-Through Rate          Balance
Accrual       (Recovery)        Accretion         Interest
Reduction     Distribution          Balance
______________________________________________________________
______________________________________________________________
_________________________________________
I-A               7.14136677%   142,628,613.09
848,802.70             0.00             0.00             0.00
36,584.37       812,218.33   142,291,578.93
I-B1              7.14136677%    12,607,690.61
75,030.12             0.00             0.00             0.00
3,233.88        71,796.24    12,606,028.81
I-B2              7.14136677%     8,555,219.18
50,913.30             0.00             0.00             0.00
2,194.42        48,718.88     8,554,091.53
I-B3              7.14136677%     4,052,472.44
24,116.83             0.00             0.00             0.00
1,039.46        23,077.37     4,051,938.29
I-B4              7.14136677%     1,891,153.14
11,254.52             0.00             0.00             0.00
485.08        10,769.44     1,890,903.87
I-B5              7.14136677%     3,962,416.51
23,580.89             0.00             0.00             0.00
1,016.36        22,564.53     3,961,894.23
II-A              7.40125720%    60,827,944.78
375,169.39             0.00             0.00             0.00
0.00       375,169.39    60,235,470.18
II-AX             0.08000000%    64,094,210.52
4,272.95             0.00             0.00             0.00
0.00         4,272.95    63,498,570.92
II-B1             7.58125720%       806,959.56
5,098.14             0.00             0.00             0.00
0.00         5,098.14       806,177.62
II-B2             7.58125720%       845,386.70
5,340.91             0.00             0.00             0.00
0.00         5,340.91       844,567.52
II-B3             7.58125720%       384,266.23
2,427.68             0.00             0.00             0.00
0.00         2,427.68       383,893.88
II-B4             7.58125720%     1,229,653.24
7,768.60             0.00             0.00             0.00
0.00         7,768.60     1,228,461.71
R                 0.00000000%             0.00
0.00             0.00             0.00             0.00
0.00             0.00             0.00
R-1               0.00000000%             0.00
0.00             0.00             0.00             0.00
0.00             0.00             0.00
R-2               0.00000000%             0.00
0.00             0.00             0.00             0.00
0.00             0.00             0.00
______________________________________________________________
______________________________________________________________
_________________________________________
Totals
1,433,776.03             0.00             0.00
0.00        44,553.57     1,389,222.46


























Report  5
   04/23/96 --  2:49pm
Page  1 of  1


                                                    Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800


Fund Account Summary

______________________________________________________________
______________________________________________________________
__________________________________________________

Proceeds Account
   Beginning Balance
(0.00)

   DEPOSITS:
WITHDRAWALS:
    Interest Net of Servicing Fee               1,446,241.36
Interest Payments                              1,389,222.46
    Scheduled Principal                           129,555.53
Scheduled Principal Payment                      129,555.53
    Other Principal                               851,766.97
Other Principal Payments                         851,766.97
    Negative Amortization                        (44,553.59)
Reserve Fund 1                                         0.00
    Deposits from Reserve Fund                          0.00
Fees and Expenses                                 12,465.31
    Gain/Loss Adjustment                                0.00
Other Withdrawals                                      0.00
    Other Deposits                                      0.00

   Total Deposit
2,383,010.27                Total Withdrawals
2,383,010.27


Ending Balance
(0.00)
______________________________________________________________
______________________________________________________________
__________________________________________________






























Report  6
   04/23/96 --  2:49pm
Page  1 of  1


                                                 Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800


Loss/Delinquency Detail

                  Current         Current         Current
Current           Total       Aggregate       Aggregate
Aggregate       Aggregate           Total
                    Fraud      Bankruptcy  Special Hazard
Credit         Current           Fraud      Bankruptcy
Special Hazard          Credit       Aggregate
Pool #             Losses          Losses          Losses
Losses          Losses          Losses          Losses
Losses          Losses          Losses
______________________________________________________________
______________________________________________________________
_____________________________________________

1                    0.00            0.00            0.00
0.00            0.00            0.00            0.00
0.00            0.00            0.00
2                    0.00            0.00            0.00
0.00            0.00            0.00            0.00
0.00            0.00            0.00
______________________________________________________________
______________________________________________________________
_____________________________________________
Totals               0.00            0.00            0.00
0.00            0.00            0.00            0.00
0.00            0.00            0.00





______________________________________________________________
______________________________________________________________
____________________________________
             30  Days  Delinquent    60  Days  Delinquent
90  Days  Delinquent             Foreclosures            REO's
Totals
               Number       Balance    Number       Balance
Number       Balance    Number       Balance    Number
Balance    Number            Balance
1                  51 10,339,315.73        10  2,400,551.80
8  2,580,498.50        17  4,878,994.53         3
754,547.53        89      20,953,908.09
2                  12  1,411,494.36         6  1,036,346.69
2    108,956.62        12  1,098,088.65         1
25,924.08        33       3,680,810.40
______________________________________________________________
______________________________________________________________
____________________________________
Totals             63 11,750,810.09        16  3,436,898.49
10  2,689,455.12        29  5,977,083.18         4
780,471.61       122      24,634,718.49



























Report  7
   04/23/96 --  2:49pm
Page  1 of  1


                                        Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services               Reporting
Month:         March 1996              Phone:
(410) 884-2114
11000 Broken Land Parkway                        Distribution
Date:     April 25, 1996              InvestorDirect:
(800) 605-4167
Columbia, MD 21044-7800


Collateral Summary


Total|              Pool 1               Pool 2

______________________________________________________________
___________________________________________
Monthly P&I Constant
1,625,989.73|        1,111,597.33           514,392.40

|
Positive Amortization
129,555.53|           67,448.33            62,107.20
Negative Amortization
(44,553.59)|         (44,553.59)                 0.00
Regular Curtailments
33,247.91|           30,122.21             3,125.70
Regular Curtailment Interest
209.98|              188.67                21.31
Prepaid Curtailments
5,893.42|              200.00             5,693.42
Prepaid Curtailment Interest
33.49|                0.00                33.49
Liquidations
811,941.40|          287,387.25           524,554.15
Principal Adjustments
440.77|              336.44               104.33
   Total Principal Trust Distribution
936,768.91|          341,129.31           595,639.60

|
Scheduled Interest
1,540,987.79|        1,088,702.59           452,285.20
Servicing Fee
74,309.96|           54,280.52            20,029.44
Master Servicing Fee
3,341.12|              723.72             2,617.40
Spread
20,436.50|                0.00            20,436.50
     Total Pass-Through Interest
1,442,900.21|        1,033,698.35           409,201.86

|
Beginning Balance
237,791,775.48|      173,697,564.96        64,094,210.52
Ending Balance
236,855,006.57|      173,356,435.65        63,498,570.92
Gross P&I Distribution
2,403,446.74|        1,375,551.38         1,027,895.36
Realized Losses/(Gains)
0.00|                0.00                 0.00
Net P&I Trust Distribution
2,403,446.74|        1,375,551.38         1,027,895.36

|
Beginning Loan Count
1164|                 661                  503
Number of Loan Payoffs
4|                   1                    3
Ending Loan Count
1160|                 660                  500

|
Weighted Average Maturity
363.8179742500|      380.6500694100       318.2024043300
Weighted Average Gross Rate
7.776489930%|        7.521366850%         8.467882440%
Weighted Average Net Rate
7.401489780%|        7.146366640%         8.092882450%
Weighted Average Pass-Through Rate
7.281497640%|        7.141366770%         7.661257200%
Weighted Average Margin
2.593100000%|        2.398900000%         2.848400000%

|
Advances on Delinquencies
|
  Current Period Principal
6,746.63|            3,203.92             3,542.71
  Current Period Interest
149,807.54|          124,663.56            25,143.98

|

|







Report  8
   04/23/96 --  2:49pm
Page  1 of  1


                                              Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800


Credit Enhancement Summary

                                                       Initial
Current         Current                           Current
Current            Current
                                                      Coverage
Period          Period      Cumulative          Coverage
Coverage               Pool
Type/Purpose                                            Amount
Losses       Additions          Losses        Percentage
Amount            Balance
______________________________________________________________
______________________________________________________________
_______________________________________
Subordination                                    34,353,068.47
0.00            0.00            0.00      14.49323700%
34,327,957.46     236,855,006.57






Scheduled   Unscheduled

Principal     Principal

Percentage    Percentage
 Pool #
______________________________________________________________
_____________________________________
1        Senior
82.11319089% 100.00000000%
1        Subordinate
17.88680911%   0.00000000%
2        Senior
94.90396135% 100.00000000%
2        Subordinate
5.09603865%   0.00000000%





























Report  9
   04/23/96 --  2:50pm
Page  1 of  1
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 31551}]
{"company-data": {"conformed-name": "STRUCTURED ASSET SECURITIES CORP SERIES 1995-2", "cik": "0001006208", "assigned-sic": "[]", "irs-number": "521949524", "state-of-incorporation": "DE", "fiscal-year-end": "1130"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-48771-04", "film-number": "96559631"}, "business-address": {"street1": "C/O NORWEST BANK MINNESOTA TAX DEPT", "street2": "11000 BROKEN LAND PKWY", "city": "COLUMBIA", "state": "MD", "zip": "21044", "phone": "4108842076"}, "mail-address": {"street1": "C/O NORWEST BANK MINNESOTA TAX DEPT", "street2": "11000 BROKEN LAND PKWY", "city": "COLUMBIA", "state": "MD", "zip": "21044"}}
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)  April 25,
                             1996
                               
    Structured Asset Securities Corporation, Series 1995-2
    (Exact name of registrant as specified in its charter)
                               
Delaware                 33-48771            74-2440850
(State or other jurisdiction       (Commission
(IRS Employer
of incorporation or           File Number)
Identification
organization)                                     Number)

200 Vesey Street
New York, New York                                     10285-
0800
(Address of principal executive offices)
(Zip Code)

Registrant's telephone number including area code (212) 526-
5594

          Structured Asset Securities, Series 1995-2
                           Form 8-K
                             INDEX
                               
                               
                                             Page Number

     Item 5.        Other Events                            3

     Item 7.        Financial Statements and Exhibits
3

SIGNATURES                                        4

INDEX OF EXHIBITS                                 5

ITEM 5. OTHER EVENTS

The Structured Asset Securities, Series 1995-2 makes monthly
remittances to security holders.  The latest remittance was
made April 25, 1996.  We have furnished a monthly remittance
statement delivered to the trustee with security holder
payment instructions.

Monthly Remittance
Statement.....................................................
 ....Exhibit 21.1

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     Exhibits

     21.1 Monthly Remittance Statement dated as of April 25,
1996.

                               
                               
                               
                          SIGNATURES
                               
     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 thereunto duly
authorized.

                         Structured Asset Securities, Series
1995-2
                         (Registrant)

                         By:  Lehman Brothers

                         Name:     Michael J. O'Hanlon

                         Title:    Managing Director

                       INDEX OF EXHIBITS
                               

                                        Page of Sequentially
                                        Numbered Pages

21.1 Monthly Remittance Statement dated                6-13
     as of April 25, 1996.

                                            Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services                   Reporting
Month:         March 1996                  Phone:
(410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

Cover Page

                          Report Name
Report Number

______________________________________________________________
________________

                          Series Structure Summary
1

                          Class Distribution Summary
2

                          Class Distribution Per 1,000 of
Original Balance                                            3

                          Class Principal Distribution
4

                          Class Interest Distribution
5

                          Fund Account Summary
6

                          Loss/Delinquency Detail
7

                          Collateral Summary
8

                          Credit Enhancement Summary
9

Notes:
**Contact InvestorDirect (SM) at (800) 605-4167 to obtain
additional collateral and security information.

                                                Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

Series Structure Summary

Aggregate Realized                             Aggregate
Ending
         Class
Original Principal                     Losses Principal
Aggregate Interest      Undistributed      Principal
Class    Description    Principal Type   Interest Type
Balance Pass Through Rate  Balance Reduction
Shortfall          Principal         Factor
______________________________________________________________
______________________________________________________________
___________________________________________
I-A      Senior         Shift Interest   WANR
149,022,521.00       7.14136677%               0.00
0.00               0.00   0.9548327191
I-B1     Subordinate    Prorata          WANR
12,606,143.00       7.14136677%               0.00
0.00               0.00   0.9999909417
I-B2     Subordinate    Prorata          WANR
8,554,169.00       7.14136677%               0.00
0.00               0.00   0.9999909436
I-B3     Subordinate    Prorata          WANR
4,051,975.00       7.14136677%               0.00
0.00               0.00   0.9999909402
I-B4     Subordinate    Prorata          WANR
1,890,921.00       7.14136677%               0.00
0.00               0.00   0.9999909409
I-B5     Subordinate    Prorata          WANR
3,961,930.12       7.14136677%               0.00
0.00               0.00   0.9999909413
II-A     Senior         Shift Interest   Reduced PT
74,075,139.00       7.40125720%               0.00
0.00               0.00   0.8131671569
II-AX    Senior         Interest Only    Notional IO
0.00       0.08000000%               0.00               0.00
0.00   0.0000000000
II-B1    Subordinate    Prorata          Reduced PT
812,312.00       7.58125720%               0.00
0.00               0.00   0.9924482465
II-B2    Subordinate    Prorata          Reduced PT
850,994.00       7.58125720%               0.00
0.00               0.00   0.9924482664
II-B3    Subordinate    Prorata          Reduced PT
386,815.00       7.58125720%               0.00
0.00               0.00   0.9924482763
II-B4    Subordinate    Prorata          Reduced PT
1,237,809.35       7.58125720%               0.00
0.00               0.00   0.9924482393
R        Residual       Priority Pay     WANR
100.00       0.00000000%               0.00               0.00
0.00   0.0000000000
R-1      Residual       Residual         Residual
0.00       0.00000000%               0.00               0.00
0.00   0.0000000000
R-2      Residual       Residual         Residual
0.00       0.00000000%               0.00               0.00
0.00   0.0000000000
______________________________________________________________
______________________________________________________________
___________________________________________
Totals
257,450,828.47                                 0.00
0.00               0.00   0.9200009492

Report  1
   04/23/96 --  2:49pm
Page  1 of  1

                                           Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services                  Reporting
Month:         March 1996                Phone:
(410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

                                                         Class
Distribution Summary

                                                    Beginning
Principal             Ending
                              Pass Through          Principal
Total Interest    Total Principal            Balance
Principal              Total
Class      Record Date                Rate            Balance
Distribution       Distribution          Reduction
Balance       Distribution
______________________________________________________________
______________________________________________________________
________________________________
I-A        03/29/1996          7.14136677%     142,628,613.09
812,218.33         373,618.55             (0.02)
142,291,578.93       1,185,836.88
I-B1       03/29/1996          7.14136677%      12,607,690.61
71,796.24           4,895.68               0.00
12,606,028.81          76,691.92
I-B2       03/29/1996          7.14136677%       8,555,219.18
48,718.88           3,322.07               0.00
8,554,091.53          52,040.95
I-B3       03/29/1996          7.14136677%       4,052,472.44
23,077.37           1,573.61               0.00
4,051,938.29          24,650.98
I-B4       03/29/1996          7.14136677%       1,891,153.14
10,769.44             734.35               0.00
1,890,903.87          11,503.79
I-B5       03/29/1996          7.14136677%       3,962,416.51
22,564.53           1,538.64               0.00
3,961,894.23          24,103.17
II-A       03/29/1996          7.40125720%      60,827,944.78
375,169.39         592,474.60               0.00
60,235,470.18         967,643.99
II-AX      03/29/1996          0.08000000%               0.00
4,272.95               0.00               0.00
0.00           4,272.95
II-B1      03/29/1996          7.58125720%         806,959.56
5,098.14             781.94               0.00
806,177.62           5,880.08
II-B2      03/29/1996          7.58125720%         845,386.70
5,340.91             819.18               0.00
844,567.52           6,160.09
II-B3      03/29/1996          7.58125720%         384,266.23
2,427.68             372.35               0.00
383,893.88           2,800.03
II-B4      03/29/1996          7.58125720%       1,229,653.24
7,768.60           1,191.53               0.00
1,228,461.71           8,960.13
R          03/29/1996          0.00000000%               0.00
0.00               0.00               0.00               0.00
0.00
R-1        03/29/1996          0.00000000%               0.00
0.00               0.00               0.00               0.00
0.00
R-2        03/29/1996          0.00000000%               0.00
0.00               0.00               0.00               0.00
0.00
______________________________________________________________
______________________________________________________________
________________________________
Totals                                         237,791,775.48
1,389,222.46         981,322.50             (0.02)
236,855,006.57       2,370,544.96

Report  2
   04/23/96 --  2:49pm
Page  1 of  1

                                       Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services              Reporting
Month:         March 1996             Phone:
(410) 884-2114
11000 Broken Land Parkway                       Distribution
Date:     April 25, 1996             InvestorDirect:
(800) 605-4167
Columbia, MD 21044-7800

                                          Class Distribution
Per 1,000 of Original Balance

Total Other
                                                       Total
Interest       Scheduled       Principal Total Principal
Principal          Ending

Distribution       Principal    Distribution    Distribution
Balance       Principal
Class            Cusip               Original Balance
Factor          Factor          Factor          Factor
Reduction          Factor
______________________________________________________________
______________________________________________________________
_________________________
I-A              863572FZ1             149,022,521.00
5.45030593      0.37164839      2.13547971      2.50712810
(0.24549571)    0.9548327191
I-B1             863572GB3              12,606,143.00
5.69533758      0.38835669      0.00000000      0.38835669
(0.25653207)    0.9999909417
I-B2             863572GC1               8,554,169.00
5.69533756      0.38835684      0.00000000      0.38835684
(0.25653222)    0.9999909436
I-B3             863572GD9               4,051,975.00
5.69533869      0.38835630      0.00000000      0.38835630
(0.25653169)    0.9999909402
I-B4             863572GH0               1,890,921.00
5.69534105      0.38835573      0.00000000      0.38835573
(0.25653108)    0.9999909409
I-B5             863572GJ6               3,961,930.12
5.69533771      0.38835617      0.00000000      0.38835617
(0.25653153)    0.9999909413
II-A             863572GE7              74,075,139.00
5.06471395      0.79570826      7.20258385      7.99829211
0.00000000    0.8131671569
II-AX            863572GG2                       0.00
N/A             N/A             N/A             N/A
N/A             N/A
II-B1            863572GK3                 812,312.00
6.27608604      0.96261043      0.00000000      0.96261043
0.00000000    0.9924482465
II-B2            863572GL1                 850,994.00
6.27608420      0.96261548      0.00000000      0.96261548
0.00000000    0.9924482664
II-B3            863572GM9                 386,815.00
6.27607513      0.96260486      0.00000000      0.96260486
0.00000000    0.9924482763
II-B4            863572GN7               1,237,809.35
6.27608767      0.96261189      0.00000000      0.96261189
0.00000000    0.9924482393
R                863572GA5                     100.00
0.00000000      0.00000000      0.00000000      0.00000000
0.00000000    0.0000000000
R-1              N/A                             0.00
N/A             N/A             N/A             N/A
N/A             N/A
R-2              N/A                             0.00
N/A             N/A             N/A             N/A
N/A             N/A
______________________________________________________________
______________________________________________________________
_________________________
Totals                                 257,450,828.47
0.9200009492

Report  3
   04/23/96 --  2:49pm
Page  1 of  1

                                               Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

Class Principal Distribution

                   Beginning
Principal           Ending          Current
                   Principal        Scheduled      Unscheduled
Other  Total Principal          Balance        Principal
Undistributed
Class                Balance        Principal        Principal
Accretion        Principal     Distribution       Reduction*
Balance        Principal
______________________________________________________________
______________________________________________________________
________________________________________
I-A           142,628,613.09        55,383.98       318,234.57
0.00             0.00       373,618.55      (36,584.39)
142,291,578.93             0.00
I-B1           12,607,690.61         4,895.68             0.00
0.00             0.00         4,895.68       (3,233.88)
12,606,028.81             0.00
I-B2            8,555,219.18         3,322.07             0.00
0.00             0.00         3,322.07       (2,194.42)
8,554,091.53             0.00
I-B3            4,052,472.44         1,573.61             0.00
0.00             0.00         1,573.61       (1,039.46)
4,051,938.29             0.00
I-B4            1,891,153.14           734.35             0.00
0.00             0.00           734.35         (485.08)
1,890,903.87             0.00
I-B5            3,962,416.51         1,538.64             0.00
0.00             0.00         1,538.64       (1,016.36)
3,961,894.23             0.00
II-A           60,827,944.78        58,942.20       533,532.40
0.00             0.00       592,474.60             0.00
60,235,470.18             0.00
II-AX                   0.00             0.00             0.00
0.00             0.00             0.00             0.00
0.00             0.00
II-B1             806,959.56           781.94             0.00
0.00             0.00           781.94             0.00
806,177.62             0.00
II-B2             845,386.70           819.18             0.00
0.00             0.00           819.18             0.00
844,567.52             0.00
II-B3             384,266.23           372.35             0.00
0.00             0.00           372.35             0.00
383,893.88             0.00
II-B4           1,229,653.24         1,191.53             0.00
0.00             0.00         1,191.53             0.00
1,228,461.71             0.00
R                       0.00             0.00             0.00
0.00             0.00             0.00             0.00
0.00             0.00
R-1                     0.00             0.00             0.00
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             0.00
0.00             0.00
______________________________________________________________
______________________________________________________________
________________________________________
Totals        237,791,775.48       129,555.53       851,766.97
0.00             0.00       981,322.50      (44,553.59)
236,855,006.57             0.00

*Principal Balance Reduction

Realized Losses Principal Balance Reduction
(0.02)
Negative Amortization Principal Balance Reduction
(44,553.57)
Other
0.00

Report  4
   04/23/96 --  2:49pm
Page  1 of  1

                                               Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

Class Interest Distribution

                                     Beginning
Negative                            Ending
                                    Principal/
Interest                                       Amortization
Principal/
                                      Notional
Interest       Shortfall/                             Other
Interest   Total Interest         Notional
Class       Pass-Through Rate          Balance
Accrual       (Recovery)        Accretion         Interest
Reduction     Distribution          Balance
______________________________________________________________
______________________________________________________________
_________________________________________
I-A               7.14136677%   142,628,613.09
848,802.70             0.00             0.00             0.00
36,584.37       812,218.33   142,291,578.93
I-B1              7.14136677%    12,607,690.61
75,030.12             0.00             0.00             0.00
3,233.88        71,796.24    12,606,028.81
I-B2              7.14136677%     8,555,219.18
50,913.30             0.00             0.00             0.00
2,194.42        48,718.88     8,554,091.53
I-B3              7.14136677%     4,052,472.44
24,116.83             0.00             0.00             0.00
1,039.46        23,077.37     4,051,938.29
I-B4              7.14136677%     1,891,153.14
11,254.52             0.00             0.00             0.00
485.08        10,769.44     1,890,903.87
I-B5              7.14136677%     3,962,416.51
23,580.89             0.00             0.00             0.00
1,016.36        22,564.53     3,961,894.23
II-A              7.40125720%    60,827,944.78
375,169.39             0.00             0.00             0.00
0.00       375,169.39    60,235,470.18
II-AX             0.08000000%    64,094,210.52
4,272.95             0.00             0.00             0.00
0.00         4,272.95    63,498,570.92
II-B1             7.58125720%       806,959.56
5,098.14             0.00             0.00             0.00
0.00         5,098.14       806,177.62
II-B2             7.58125720%       845,386.70
5,340.91             0.00             0.00             0.00
0.00         5,340.91       844,567.52
II-B3             7.58125720%       384,266.23
2,427.68             0.00             0.00             0.00
0.00         2,427.68       383,893.88
II-B4             7.58125720%     1,229,653.24
7,768.60             0.00             0.00             0.00
0.00         7,768.60     1,228,461.71
R                 0.00000000%             0.00
0.00             0.00             0.00             0.00
0.00             0.00             0.00
R-1               0.00000000%             0.00
0.00             0.00             0.00             0.00
0.00             0.00             0.00
R-2               0.00000000%             0.00
0.00             0.00             0.00             0.00
0.00             0.00             0.00
______________________________________________________________
______________________________________________________________
_________________________________________
Totals
1,433,776.03             0.00             0.00
0.00        44,553.57     1,389,222.46

Report  5
   04/23/96 --  2:49pm
Page  1 of  1

                                                    Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

Fund Account Summary

______________________________________________________________
______________________________________________________________
__________________________________________________

Proceeds Account
   Beginning Balance
(0.00)

   DEPOSITS:
WITHDRAWALS:
    Interest Net of Servicing Fee               1,446,241.36
Interest Payments                              1,389,222.46
    Scheduled Principal                           129,555.53
Scheduled Principal Payment                      129,555.53
    Other Principal                               851,766.97
Other Principal Payments                         851,766.97
    Negative Amortization                        (44,553.59)
Reserve Fund 1                                         0.00
    Deposits from Reserve Fund                          0.00
Fees and Expenses                                 12,465.31
    Gain/Loss Adjustment                                0.00
Other Withdrawals                                      0.00
    Other Deposits                                      0.00

   Total Deposit
2,383,010.27                Total Withdrawals
2,383,010.27

Ending Balance
(0.00)
______________________________________________________________
______________________________________________________________
__________________________________________________

Report  6
   04/23/96 --  2:49pm
Page  1 of  1

                                                 Structured
Asset Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

Loss/Delinquency Detail

                  Current         Current         Current
Current           Total       Aggregate       Aggregate
Aggregate       Aggregate           Total
                    Fraud      Bankruptcy  Special Hazard
Credit         Current           Fraud      Bankruptcy
Special Hazard          Credit       Aggregate
Pool #             Losses          Losses          Losses
Losses          Losses          Losses          Losses
Losses          Losses          Losses
______________________________________________________________
______________________________________________________________
_____________________________________________

1                    0.00            0.00            0.00
0.00            0.00            0.00            0.00
0.00            0.00            0.00
2                    0.00            0.00            0.00
0.00            0.00            0.00            0.00
0.00            0.00            0.00
______________________________________________________________
______________________________________________________________
_____________________________________________
Totals               0.00            0.00            0.00
0.00            0.00            0.00            0.00
0.00            0.00            0.00

______________________________________________________________
______________________________________________________________
____________________________________
             30  Days  Delinquent    60  Days  Delinquent
90  Days  Delinquent             Foreclosures            REO's
Totals
               Number       Balance    Number       Balance
Number       Balance    Number       Balance    Number
Balance    Number            Balance
1                  51 10,339,315.73        10  2,400,551.80
8  2,580,498.50        17  4,878,994.53         3
754,547.53        89      20,953,908.09
2                  12  1,411,494.36         6  1,036,346.69
2    108,956.62        12  1,098,088.65         1
25,924.08        33       3,680,810.40
______________________________________________________________
______________________________________________________________
____________________________________
Totals             63 11,750,810.09        16  3,436,898.49
10  2,689,455.12        29  5,977,083.18         4
780,471.61       122      24,634,718.49

Report  7
   04/23/96 --  2:49pm
Page  1 of  1

                                        Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services               Reporting
Month:         March 1996              Phone:
(410) 884-2114
11000 Broken Land Parkway                        Distribution
Date:     April 25, 1996              InvestorDirect:
(800) 605-4167
Columbia, MD 21044-7800

Collateral Summary

Total|              Pool 1               Pool 2

______________________________________________________________
___________________________________________
Monthly P&I Constant
1,625,989.73|        1,111,597.33           514,392.40

|
Positive Amortization
129,555.53|           67,448.33            62,107.20
Negative Amortization
(44,553.59)|         (44,553.59)                 0.00
Regular Curtailments
33,247.91|           30,122.21             3,125.70
Regular Curtailment Interest
209.98|              188.67                21.31
Prepaid Curtailments
5,893.42|              200.00             5,693.42
Prepaid Curtailment Interest
33.49|                0.00                33.49
Liquidations
811,941.40|          287,387.25           524,554.15
Principal Adjustments
440.77|              336.44               104.33
   Total Principal Trust Distribution
936,768.91|          341,129.31           595,639.60

|
Scheduled Interest
1,540,987.79|        1,088,702.59           452,285.20
Servicing Fee
74,309.96|           54,280.52            20,029.44
Master Servicing Fee
3,341.12|              723.72             2,617.40
Spread
20,436.50|                0.00            20,436.50
     Total Pass-Through Interest
1,442,900.21|        1,033,698.35           409,201.86

|
Beginning Balance
237,791,775.48|      173,697,564.96        64,094,210.52
Ending Balance
236,855,006.57|      173,356,435.65        63,498,570.92
Gross P&I Distribution
2,403,446.74|        1,375,551.38         1,027,895.36
Realized Losses/(Gains)
0.00|                0.00                 0.00
Net P&I Trust Distribution
2,403,446.74|        1,375,551.38         1,027,895.36

|
Beginning Loan Count
1164|                 661                  503
Number of Loan Payoffs
4|                   1                    3
Ending Loan Count
1160|                 660                  500

|
Weighted Average Maturity
363.8179742500|      380.6500694100       318.2024043300
Weighted Average Gross Rate
7.776489930%|        7.521366850%         8.467882440%
Weighted Average Net Rate
7.401489780%|        7.146366640%         8.092882450%
Weighted Average Pass-Through Rate
7.281497640%|        7.141366770%         7.661257200%
Weighted Average Margin
2.593100000%|        2.398900000%         2.848400000%

|
Advances on Delinquencies
|
  Current Period Principal
6,746.63|            3,203.92             3,542.71
  Current Period Interest
149,807.54|          124,663.56            25,143.98

|

|

Report  8
   04/23/96 --  2:49pm
Page  1 of  1

                                              Structured Asset
Securities Corporation Series 1995-02
Norwest Bank Minnesota, N.A.
Contact:                         Andy Rosenfeld
Securities Administration Services
Reporting   Month:         March 1996
Phone:                           (410) 884-2114
11000 Broken Land Parkway
Distribution Date:     April 25, 1996
InvestorDirect:                  (800) 605-4167
Columbia, MD 21044-7800

Credit Enhancement Summary

                                                       Initial
Current         Current                           Current
Current            Current
                                                      Coverage
Period          Period      Cumulative          Coverage
Coverage               Pool
Type/Purpose                                            Amount
Losses       Additions          Losses        Percentage
Amount            Balance
______________________________________________________________
______________________________________________________________
_______________________________________
Subordination                                    34,353,068.47
0.00            0.00            0.00      14.49323700%
34,327,957.46     236,855,006.57

Scheduled   Unscheduled

Principal     Principal

Percentage    Percentage
 Pool #
______________________________________________________________
_____________________________________
1        Senior
82.11319089% 100.00000000%
1        Subordinate
17.88680911%   0.00000000%
2        Senior
94.90396135% 100.00000000%
2        Subordinate
5.09603865%   0.00000000%

Report  9
   04/23/96 --  2:50pm
Page  1 of  1