Scheduled Principal Balances:
The Aggregate Scheduled Principal Balances for the Classes
listed below are included in Schedule II to this Supplement. They were calculated using,
among other things, the following Structuring Ranges or Rate:
Class
Structuring Ranges or Rate
PAC I Classes
FM and PO (in the aggregate)..........................................................
100% PSA through 350% PSA
PAC II Classes
TG, TK and TL (in the aggregate) ..................................................
140% PSA through 372% PSA
TAC Classes
YC and YD (in the aggregate)..........................................................
235% PSA
Accrual Classes: Interest will accrue on each Accrual Class identified on the front cover of this
Supplement at the per annum rate set forth on that page. However, no interest will be
distributed to the Accrual Classes as interest. Interest so accrued on each Accrual Class on each
Distribution Date will constitute an Accrual Amount, which will be added to the Class Principal
Balance of that Class on each Distribution Date and will be distributable as principal as set forth
in this Terms Sheet under "Allocation of Principal."
Notional Classes: The Notional Classes will not receive distributions of principal but have
Class Notional Balances for convenience in describing their entitlements to interest. The Class
Notional Balance of each Notional Class represents the percentage indicated below of, and
reduces to that extent with, the Class Principal Balance indicated:
Class
Original Class
Notional Balance
Represents Approximately
IO........................................................
$
3,255,384
3.255384% of FA (PT Class)
MI........................................................
2,045,454
2.727272% of MB (SEQ Class)
SA ........................................................
100,000,000
100% of FA (PT Class)
SB ........................................................
50,000,000
100% of FB (PT Class)
SH........................................................
40,868,571
100% of FM (PAC I Class)
SI ........................................................
40,868,571
100% of FM (PAC I Class)
TI ........................................................
40,868,571
100% of FM (PAC I Class)
Tax Status: Double REMIC Series. See "Certain Federal Income Tax Consequences" in this
Supplement and in the Base Offering Circular.
Regular and Residual Classes: Class RR is a Residual Class and includes the Residual Interest
of the Issuing REMIC and the Pooling REMIC; all other Classes of REMIC Securities are Regular
Classes.
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