Sensitivity of Class OT to Prepayments
Assumed Price 60.671875%
PSA Prepayment Assumption Rates
100%
180%
250%
400%
2.8%
19.4%
21.7%
38.8%
Sensitivity of Class PO to Prepayments
Assumed Price 64.3125%
PSA Prepayment Assumption Rates
100%
180%
250%
400%
2.9%
8.3%
22.5%
44.5%
Sensitivity of Class TS to Prepayments
Assumed Price 9.690625%
PSA Prepayment Assumption Rates
LIBOR
100%
180%
250%
400%
7.000% and below ....................................
**
**
**
**
7.005% ..........................................................
38.1%
3.8%
(2.3)%
(59.9)%
7.010% and above......................................
80.5%
48.4%
44.3%
0.9%
Sensitivity of Class TX to Prepayments
Assumed Price 98.68750%*
PSA Prepayment Assumption Rates
LIBOR
100%
180%
250%
400%
7.000% and below ....................................
7.2%
7.5%
7.5%
7.8%
7.005% ..........................................................
3.6%
3.9%
4.0%
4.4%
7.010% and above......................................
0.1%
0.4%
0.5%
0.9%
Sensitivity of Class XF to Prepayments
Assumed Price 118.820313%
PSA Prepayment Assumption Rates
LIBOR
100%
180%
250%
400%
7.000% and below ....................................
(0.9)%
(5.3)%
(6.1)%
(11.4)%
7.005% ..........................................................
18.0%
12.9%
12.1%
6.6%
7.010%and above ......................................
37.3%
31.9%
31.2%
25.6%
* The price does not include accrued interest. Accrued interest has been added to the price in
calculating the yields set forth in the table.
** Indicates that investors will suffer a loss of virtually all of their investment.
CERTAIN FEDERAL INCOME TAX CONSEQUENCES
The following tax discussion, when read in conjunction with the discussion of "Certain
Federal Income Tax Consequences" in the Base Offering Circular, describes the material
federal income tax considerations for investors in the Securities. However, these two tax
S-24