AVAILABLE INFORMATION You  should  purchase  the  securities  only  if  you  have  read  and  understood  the  following documents: •  this Offering Circular Supplement (this "Supplement"), •  the Base Offering Circular and •  in the case of the Group 2, 3, 4 and 10 securities, each disclosure document relating to the Underlying Certificates. 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. In addition, you can obtain copies of any other document listed above by contacting JPMorgan Chase Bank at the telephone number listed above. 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 Terms Sheet .......................................... S-4 Risk Factors  .......................................... S-11 The Trust Assets  .................................. S-13 Ginnie Mae Guaranty .......................... S-14 Description of the Securities ............ S-15 Yield, Maturity and Prepayment Considerations .................................. S-20 Certain Federal Income Tax Consequences  .................................. S-38 ERISA Matters........................................ S-41 Legal Investment Considerations  .... S-41 Page Plan of Distribution  ............................ S-42 Increase in Size .................................... S-42 Legal Matters  ........................................ S-42 Schedule I: Available Combinations S-I-1 Schedule II: Scheduled Principal Balances..............................................   S-II-1 Schedule III: Jump Balances ............   S-III-1 Exhibit A: Underlying Certificates.... A-1 Exhibit B: Cover Pages and Terms Sheets from Underlying Certificate Disclosure Documents B-1 S-3