TERMS SHEET This terms sheet contains selected information for quick reference only. You should read this Supplement, particularly "Risk Factors," and each of the other documents listed under "Available Information." Sponsor:    Merrill Lynch, Pierce, Fenner & Smith Incorporated Trustee:    Wells Fargo Bank, National Association Tax Administrator:    The Trustee Closing Date:    August 30, 2007 Distribution Date:    The 20th day of each month or if the 20th day is not a Business Day, the first Business Day thereafter, commencing in September 2007. Trust Assets: Trust Asset Group Trust Asset Type Certificate Rate Original Term To Maturity (in years) 1 Ginnie Mae II 6.5% 30 2 Underlying Certificates (1)    (1) 3 Underlying Certificates (1)    (1) (1)  Certain information regarding the Underlying Certificates is set forth in Exhibits A and B to this Supplement. Security  Groups:  This  series  of  Securities  consists  of  multiple  Security  Groups  (each,  a "Group"),  as  shown  on  the  front  cover  of  this  Supplement  and  on  Schedule  I  to  this Supplement. Payments on each Group will be based solely on payments on the Trust Asset Group with the same numerical designation. Assumed Characteristics of the Mortgage Loans Underlying the Group 1 Trust Assets1: Principal Balance2 Weighted Average Remaining Term to Maturity (in months) Weighted Average Loan Age (in months) Weighted Average Mortgage Rate3 Group 1 Trust Assets $166,840,125 358 2 6.88% 1As of August 1, 2007. 2Does not include the Trust Assets that will be added to pay the Trustee Fee. 3The Mortgage Loans underlying the Group 1 Trust Assets may bear interest at rates ranging from 0.25% to 1.50% per annum above the related Certifi- cate Rate. The actual remaining terms to maturity, loan ages and Mortgage Rates of many of the Mortgage Loans underlying the Group 1 Trust Assets will differ from the weighted averages shown above, perhaps significantly. See "The Trust Assets – The Mortgage Loans" in this Supplement. See Exhibit  A  to  this  Supplement  for  certain  information  regarding  the  characteristics  of  the Mortgage Loans included in the related Underlying Trusts. Issuance of Securities: The Securities, other than the Residual Securities, will initially be issued in book-entry form through the book-entry system of the U.S. Federal Reserve Banks (the S-3