•   Investors in the Interest Only Class should also consider the risk that rapid rates of principal  payments  could  result  in  the  failure  of  investors  to  recover  fully  their investments. •   In the case of Regular Securities purchased at a discount, slower than anticipated rates of principal  payments  could  result  in  actual  yields  to  investors  that  are  lower  than  the anticipated yields. See   "Risk   Factors – Rates   of   principal   payments   can   reduce   your   yield"   in   this Supplement. For Security Group 1, certain of the Mortgage Loans prohibit voluntary prepayment during specified lockout periods with remaining terms that range from 0 to 56 months. The Mortgage Loans have a weighted average remaining lockout period of approximately 12 months and a weighted average remaining term to maturity of approximately 425 months. For Security Group 2, certain of the Mortgage Loans prohibit voluntary prepayment during specified  lockout  periods  with  remaining  terms  that  range  from  0  to  76  months.  See  the Updated Exhibits A in Exhibit D for additional information with respect to remaining lockout periods. •   Certain  of  the  Mortgage  Loans  also  provide  for  payment  of  a  Prepayment  Penalty  in connection with prepayments for a period extending beyond the lockout period. See "The Ginnie Mae Multifamily Certificates – Certain Additional Characteristics of the Mortgage Loans" in this Supplement, "Characteristics of the Ginnie Mae Multifamily Certificates and the Related Mortgage Loans" in, in the case of the Group 1 Securities, Exhibit A to this Supplement and, in the case of the Group 2 Securities, the Updated Exhibits  A  in  Exhibit  D  to  this  Supplement.  The  required  payment  of  a  Prepayment Penalty  may  not  be  a  sufficient  disincentive  to  prevent  a  borrower  from  voluntarily prepaying a Mortgage Loan. •   In addition, in some circumstances FHA may permit a Mortgage Loan to be refinanced or partially prepaid without regard to lockout or Prepayment Penalty provisions. Notwithstanding  the  foregoing,  the  Trust  will  not  be  entitled  to  receive  any  principal prepayments or any applicable Prepayment Penalties with respect to the Trust CLC Mortgage Loans until the earliest of (i) the liquidation of such Mortgage Loans, (ii) at the related Ginnie Mae Issuer's option, either (a) the first Ginnie Mae Certificate Payment Date of the Ginnie Mae Project  Loan  Certificate  following  the  conversion  of  the  Ginnie  Mae  Construction  Loan Certificate or (b) the date of conversion of the Ginnie Mae Construction Loan Certificate to a Ginnie  Mae  Project  Loan  Certificate,  and  (iii)  the  applicable  Maturity  Date.  However,  the Holders of the Securities will not receive any such amounts until the next Distribution Date and will not be entitled to receive any interest on such amounts. Information  relating  to  lockout  periods  and  Prepayment  Penalties  is  contained  under "Certain Additional Characteristics of the Mortgage Loans" and "Yield, Maturity and Prepay- ment Considerations" in this Supplement and in the applicable Exhibit A to this Supplement. Rapid rates of prepayments on the Mortgage Loans are likely to coincide with periods of low prevailing interest rates. •   During periods of low prevailing interest rates, the yields at which an investor may be able  to  reinvest  amounts  received  as  principal  payments  on  the  investor's  Class  of Securities may be lower than the yield on that Class. S-32