AVAILABLE INFORMATION You  should  purchase  the  securities  only  if  you  have  read  and  understood  the  following documents: •  this Offering Circular Supplement (this "Supplement") and •  the Base Offering Circular. The    Base    Offering    Circular    is    available    on    Ginnie    Mae's    website    located    at http://www.ginniemae.gov. If  you  do  not  have  access  to  the  internet,  call  JPMorgan  Chase  Bank,  which  will  act  as information agent for the Trust, at (800) 234-GNMA, to order copies of the Base Offering Circular. Please consult the standard abbreviations of Class Types included in the Base Offering Circular as Appendix I and the Glossary included in the Base Offering Circular as Appendix II for definitions of capitalized terms. TABLE OF CONTENTS Page Page Terms Sheet .......................................... S-  4 Risk Factors  .......................................... S-  7 The Trust Assets  .................................. S-  8 Ginnie Mae Guaranty .......................... S-  9 Description of the Securities ............ S-10 Yield, Maturity and Prepayment Considerations .................................. S-14 Certain Federal Income Tax Consequences  .................................. S-22 ERISA Matters........................................ S-24 Legal Investment Considerations  .... S-24 Plan of Distribution ............................ S-25 Increase in Size .................................... S-25 Legal Matters  ........................................ S-25 Schedule I: Available Combinations S-I-1 Schedule II: Scheduled Principal Balances.............................................. S-II-1 S-3