on your security may occur much earlier than the final distribution date. Support securities will be more sensitive to rates of principal payments than other securities. If principal prepayments result in principal distributions on any distribution date equal to or less than the amount needed to produce scheduled payments on the PAC and TAC classes, the related support classes will not receive any principal distribution on that date (other than from any applicable accrual amounts). If prepayments result in principal distributions on any distribution date greater than the amount needed to pro- duce scheduled payments on the related PAC and TAC classes for that distribution date, this excess will be distributed to the related support classes. The securities may not be a suitable invest- ment for you. The securities, in particular, the support, principal only, interest only, inverse floating rate, accrual, special and residual classes, are not suitable investments for all investors. In addition, although the sponsor intends to make a market for the purchase and sale of the securities after their initial issuance, it has no obligation to do so. There is no assur- ance that a secondary market will develop, that any secondary market will continue, or that the price at which you can sell an invest- ment in any class will enable you to realize a desired yield on that investment. You will bear the market risks of your invest- ment. The market values of the classes are likely to fluctuate. These fluctuations may be significant and could result in significant losses to you. The secondary markets for mortgage-related securities have experienced periods of illi- quidity and can be expected to do so in the future. Illiquidity can have a severely adverse effect on the prices of classes that are espe- cially sensitive to prepayment or interest rate risk or that have been structured to meet the investment requirements of limited catego- ries of investors. The residual securities may experience sig- nificant adverse tax timing consequences. Ac- cordingly,  you  are  urged  to  consult  tax advisors and to consider the after-tax effect of ownership of a residual security and the suit- ability of the residual securities to your in- vestment objectives. See "Certain Federal Income Tax Consequences" in this supple- ment and in the base offering circular. You are encouraged to consult advisors re- garding the financial, legal, tax and other aspects of an investment in the securities. You should not purchase the securities of any class unless you understand and are able to bear the prepayment, yield, liquidity and market risks associated with that class. The actual characteristics of the underly- ing mortgage loans will affect the weighted average lives and yields of your securities. The yield and decrement tables in this sup- plement are based on assumed characteris- tics which are likely to be different from the actual characteristics. As a result, the yields on your securities could be lower than you expected, even if the mortgage loans prepay at the constant prepayment rates set forth in the applicable table. It is highly unlikely that the underlying mort- gage loans will prepay at any of the prepay- ment rates assumed in this supplement, or at any constant prepayment rate. THE TRUST ASSETS General The Sponsor intends to acquire the Trust Assets in privately negotiated transactions prior to the Closing Date and to sell them to the Trust according to the terms of a Trust Agreement between the Sponsor and the Trustee. The Sponsor will make certain representations and S-8