Investors may obtain current Class Factors on e-Access.
See "Description of the Securities Distributions" in the Base Offering Circular.
Trading
For the sole purpose of facilitating trading and settlement, the Principal Only Class will be
treated as a non-delay class.
Termination
The Trustee, at its option, may purchase or cause the sale of the Trust Assets and thereby
terminate the Trust on any Distribution Date on which the aggregate of the Class Principal
Balances of the Securities is less than 1% of the aggregate Original Class Principal Balances of
the Securities. The Trustee will terminate the Trust and retire the Securities on any Distribution
Date upon the Trustee's determination that the REMIC status of either Trust REMIC has been
lost or that a substantial risk exists that this status will be lost for the then current taxable year.
Upon any termination of the Trust, the Holder of any outstanding Security (other than a
Residual or Notional Class Security) will be entitled to receive that Holder's allocable share of
the Class Principal Balance of that Class plus any accrued and unpaid interest thereon at the
applicable Interest Rate, and any Holder of any outstanding Notional Class Security will be
entitled to receive that Holder's allocable share of any accrued and unpaid interest thereon at
the applicable Interest Rate. The Residual Holders will be entitled to their pro rata share of any
assets remaining in the Trust REMICs after payment in full of the amounts described in the
foregoing sentence. However, any remaining assets are not likely to be significant.
Modification and Exchange
All or a portion of the Classes of REMIC Securities specified on the front cover of the
Supplement may be exchanged for a proportionate interest in the related MX Class shown on
Schedule I to this Supplement. Similarly, all or a portion of the related MX Class may be
exchanged for proportionate interests in the related Classes of REMIC Securities. This process
may occur repeatedly.
Each exchange may be effected only in proportions that result in the principal and interest
entitlements of the Securities received being equal to the entitlements of the Securities
surrendered.
A Beneficial Owner proposing to effect an exchange must notify the Trustee through the
Beneficial Owner's Book-Entry Depository participant. This notice must be received by the
Trustee not later than two Business Days before the proposed exchange date. The exchange
date can be any Business Day other than the last Business Day of the month. The notice must
contain the outstanding principal balance of the Securities to be included in the exchange and
the proposed exchange date. The notice is required to be delivered to the Trustee in writing at
its Corporate Trust Office at 45 Broadway, 12th Floor, New York, NY 10006, Attention:
Administration Ginnie Mae 2007-061. The Trustee may be contacted by telephone at
(212) 515-5262 and by fax at (212) 509-1042.
A fee will be payable to the Trustee in connection with each exchange equal to 1/32 of 1%
of the outstanding principal balance (or notional balance) of the Securities surrendered for
exchange (but not less than $2,000 or more than $25,000); provided, however that no fee will
be payable in respect of an interest only security, unless all securities involved in the exchange
are interest only securities. If the notional balance of the interest only securities surrendered
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