Effective Range for any PAC or Scheduled Class can narrow, shift over time or cease to exist
depending on the actual characteristics of the related Mortgage Loans.
If the related Mortgage Loans prepay at rates that are generally below the Effective Range
for any PAC or Scheduled Class, the amount available to pay principal on the Securities may be
insufficient to produce Scheduled Payments on such related PAC or Scheduled Class, if any, and
its Weighted Average Life may be extended, perhaps significantly.
If the related Mortgage Loans prepay at rates that are generally above the Effective Range
for any PAC or Scheduled Class, its supporting Classes may be retired earlier than that PAC or
Scheduled Class, and its Weighted Average Life may be shortened, perhaps significantly.
Assumability
Each Mortgage Loan may be assumed, subject to HUD review and approval, upon the sale
of the related Mortgaged Property. See "Yield, Maturity and Prepayment Considerations
Assumability of Government Loans" in the Base Offering Circular.
Final Distribution Date
The Final Distribution Date for each Class, which is set forth on the front cover of this
Supplement or on Schedule I to this Supplement, is the latest date on which the related
Class Principal Balance or Class Notional Balance will be reduced to zero.
The actual retirement of any Class may occur earlier than its Final Distribution Date.
According to the terms of the Ginnie Mae Guaranty, Ginnie Mae will guarantee payment
in full of the Class Principal Balance of each Class of Securities no later than its Final
Distribution Date.
Modeling Assumptions
Unless otherwise indicated, the tables that follow have been prepared on the basis of the
characteristics of the Underlying Certificates, the priorities of distributions on the Underlying
Certificates and the following assumptions (the "Modeling Assumptions"), among others:
1. The Mortgage Loans underlying the Group 1 Trust Assets have the assumed characteris-
tics shown under "Assumed Characteristics of the Mortgage Loans Underlying the Group 1
Trust Assets" in the Terms Sheet, except in the case of information set forth under the 0% PSA
Prepayment Assumption Rate, for which each Mortgage Loan underlying a Group 1 Trust Asset
is assumed to have an original and a remaining term to maturity of 360 months and a Mortgage
Rate of 1.50% per annum higher than the related Certificate Rate.
2. The Mortgage Loans prepay at the constant percentages of PSA (described below)
shown in the related table.
3. Distributions on the Securities are always received on the 20th day of the month,
whether or not a Business Day, commencing in September 2007.
4. A termination of the Trust or the Underlying Trusts does not occur.
5. The Closing Date for the Securities is August 30, 2007.
6. No expenses or fees are paid by the Trust other than the Trustee Fee.
7. Distributions on the Underlying Certificates are made as described in the related
Underlying Certificate Disclosure Documents.
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