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:    Banc of America Securities LLC Co-Sponsor:    Loop Capital Markets, LLC Trustee:    Wells Fargo Bank, N.A. Tax Administrator:    The Trustee Closing Date:    May 29, 2008 Distribution Date:    The 16th day of each month or, if the 16th day is not a Business Day, the first Business Day thereafter, commencing in June 2008. Composition of the Trust Assets: The Ginnie Mae Multifamily Certificates will consist of 75 fixed rate Ginnie Mae Project Loan Certificates, which have an aggregate balance of approximately $265,560,678 as of the Cut-off Date. Certain Characteristics of the Ginnie Mae Multifamily Certificates and the Related Mortgage Loans Underlying the Trust Assets(1): The Ginnie Mae Multifamily Certificates and the related Mortgage Loans will have the following characteristics, aggregated on the basis of the applicable FHA insurance program or Section 538 Guarantee Program: FHA Insurance Program/ Section 538 Guarantee Program Principal Balance Number of Trust Assets Percent of Total Balance Weighted Average Mortgage Interest Rate Weighted Average Certificate Rate Weighted Average Original Term to Maturity(2) (in months) Weighted Average Remaining Term to Maturity (in months) Weighted Average Period from Issuance(2) (in months) Weighted Average Remaining Lockout Period (in months) Weighted Average Total Remaining Lockout and Prepayment Penalty Period (in months) 232/223(f) . . . . . . . . . . . .   $ 67,613,998 12 25.46% 6.143% 5.831% 389 387 3 16 119 207/223(f) . . . . . . . . . . . . 44,154,445 16 16.63 6.285 5.999 389 385 4 22 117 223(a)(7). . . . . . . . . . . . . 39,735,743 15 14.96 6.202 5.924 332 320 12 12 98 223(f) . . . . . . . . . . . . . . . 38,522,294 9 14.51 6.000 5.750 417 412 5 16 116 221(d)(4)   . . . . . . . . . . . . 33,450,273 8 12.60 5.653 5.400 474 448 26 13 103 232/223(a)(7) . . . . . . . . . . 14,795,723 2 5.57 6.264 5.861 328 324 4 8 116 232 . . . . . . . . . . . . . . . . 7,761,524 2 2.92 7.514 7.260 414 375 39 59 59 221(d)(4)/223(a)(7)  . . . . . . 5,529,321 3 2.08 6.290 5.800 341 333 8 4 102 220 . . . . . . . . . . . . . . . . 5,074,587 1 1.91 5.750 5.500 476 466 10 10 106 538 . . . . . . . . . . . . . . . . 5,023,618 5 1.89 7.003 6.272 448 446 2 41 116 241(f)/223(a)(7) . .  . . . . . . 2,845,363 1 1.07 5.770 5.470 327 325 2 11 119 241 . . . . . . . . . . . . . . . . 1,053,790 1 0.40 6.250 6.000 308 293 15 4 100 Total/Weighted Average:. . $265,560,678 75 100.00% 6.148%    5.849% 393 384 9 17 110 (1) As of May 1, 2008 (the “Cut-off Date”); includes Ginnie Mae Multifamily Certificates added to pay the Trustee Fee. Some of the columns may not foot due to rounding. (2) Based on the issue date of the related Ginnie Mae Multifamily Certificate. The information contained in this chart has been collected and summarized by the Sponsor based on publicly available information, including the disclosure documents for the Ginnie Mae Multifamily Certificates. See “The Ginnie Mae Multifamily Certificates — The Mortgage Loans” and Exhibit A to this Supplement. Lockout Periods and Prepayment Penalties:    Certain of the Mortgage Loans prohibit voluntary prepayments during specified lockout periods with remaining terms that range from 0 to 115 months. S-3