Final Distribution Date
The Final Distribution Date for each Class, which is set forth on the inside cover page of
this Supplement or on Schedule I to this Supplement, is the latest date on which the related
Class Principal Balance or Class Notional Balance will be reduced to zero.
The actual retirement of any Class may occur earlier than its Final Distribution Date.
According to the terms of the Ginnie Mae Guaranty, Ginnie Mae will guarantee payment
in full of the Class Principal Balance of each Class of Securities no later than its Final
Distribution Date.
Modeling Assumptions
Unless otherwise indicated, the tables that follow have been prepared on the basis of the
following assumptions (the "Modeling Assumptions"), among others:
1. The Mortgage Loans underlying the Trust Assets have the assumed characteristics shown
under "Assumed Characteristics of the Mortgage Loans Underlying the Trust Assets" in the
Terms Sheet, except in the case of information set forth under the 0% PSA Prepayment
Assumption Rate, for which each Mortgage Loan is assumed to have an original and a remaining
term to maturity of 360 months.
2. The Mortgage Loans prepay at the constant percentages of PSA (described below)
shown in the related table.
3. Distributions on the Securities are always received on the 16th day of the month
whether or not a Business Day, commencing in March 2002.
4. A termination of the Trust does not occur.
5. The Closing Date for the Securities is February 22, 2002.
6. No expenses or fees are paid by the Trust other than the Trustee Fee.
7. Each Class is held from the Closing Date and is not exchanged in whole or in part.
When reading the tables and the related text, investors should bear in mind that the
Modeling Assumptions, like any other stated assumptions, are unlikely to be entirely consistent
with actual experience.
For example, most of the Mortgage Loans will not have the characteristics assumed, many
Distribution Dates will occur on a Business Day after the 16th of the month, and the
Trustee may cause a termination of the Trust as described under "Description of the
Securities Termination" in this Supplement.
In addition, distributions on the Securities are based on Certificate Factors and
Calculated Certificate Factors, if applicable, which may not reflect actual receipts on the
Trust Assets.
See "Description of the Securities Distributions" in the Base Offering Circular.
Decrement Tables
Prepayments of mortgage loans are commonly measured by a prepayment standard or
model. The model used in this Supplement ("PSA") is the standard prepayment assumption
model of The Bond Market Association. PSA represents an assumed rate of prepayment each
month relative to the then outstanding principal balance of the Mortgage Loans to which the
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