SECURITY GROUP 4
The Group 4 Principal Distribution Amount and the KZ, ZJ and ZK Accrual Amounts will be
allocated as follows:
The KZ Accrual Amount, sequentially, to KA and KZ, in that order, until retired
The Group 4 Principal Distribution Amount and the ZJ and ZK Accrual Amounts in the
following order of priority:
1. Sequentially, to KA and KZ, in that order, until reduced to their Aggregate
Scheduled Principal Balance for that Distribution Date, until retired
2. Up to the ZJ Jump Percentage of the remaining Principal Distribution Amount and
the ZJ and ZK Accrual Amounts to ZJ, until retired
3. Sequentially, to ZK and ZJ, in that order, until retired
4. Sequentially, to KA and KZ, in that order, without regard to their Aggregate
Scheduled Principal Balances, until retired
For any Distribution Date, the "ZJ Jump Percentage" means the percentage equal to
the difference (not less than 0%) between (a) the lesser of (i) 99% and (ii) the
quotient of (A) the excess, if any, of the 551% PSA Group 4 Balance over the remaining
Principal Balance of the Group 4 Trust Assets, after giving effect to their reduction on
that Distribution Date (the "Group 4 Trust Asset Balance") and (B) the excess of the
551% PSA Group 4 Balance over the 700% PSA Group 4 Balance and (b) the quotient of
(A) the excess, if any, of the 800% PSA Group 4 Balance over the Group 4 Trust Asset
Balance and (B) the excess of the 800% PSA Group 4 Balance over the 900% PSA
Group 4 Balance
Scheduled Principal Balances: The Aggregate Scheduled Principal Balances for the Classes
listed below are included in Schedule II to this Supplement. They were calculated using,
among other things, the following Structuring Ranges:
Class
Structuring Ranges
PB, PC, TA, TB and TC (in the aggregate)....................................
125% PSA through 350% PSA
MA and MZ (in the aggregate) ........................................................
325% PSA through 625% PSA
HA, HB, HC, HD and HE (in the aggregate) ..............................
100% PSA through 250% PSA
YA, YB, YC and YD (in the aggregate) ..........................................
120% PSA through 200% PSA
KA and KZ (in the aggregate) ..........................................................
325% PSA through 515% PSA
Jump Balances: The 626% PSA Group 2 Balances, 700% PSA Group 2 Balances, 800% PSA
Group 2 Balances, 900% PSA Group 2 Balances, 551% PSA Group 4 Balances, 700% PSA
Group 4 Balances, 800% PSA Group 4 Balances and 900% PSA Group 4 Balances (together, the
"Jump Balances") are included in Schedule III to this Supplement. The Jump Balances were
calculated using a Structuring Rate of the respective percentage of PSA and the assumed
characteristics of the related Trust MBS to be delivered on the Closing Date. The actual
characteristics of the related Trust MBS may vary from the characteristics assumed in preparing
the Jump Balances included in Schedule III to this Supplement and, if so, the Sponsor may
recalculate such balances. The Sponsor will make them available on Ginnie Mae's Multiclass
Securities e-Access located on Ginnie Mae's website ("e-Access") shortly after the Closing
Date.
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