Base Offering Circular - Single Family 4 Reporting and Tax Administration................................................................................................................  40 Backup Withholding .....................................................................................................................................  41 STATE TAX CONSIDERATIONS............................................................................................................................  42 ERISA CONSIDERATIONS......................................................................................................................................  42 LEGAL INVESTMENT CONSIDERATIONS..........................................................................................................  42 SECONDARY MARKET...........................................................................................................................................  43 APPENDIX I...................................................................................................................................................... 44 CLASS TYPES .................................................................................................................................................. 44 APPENDIX II .................................................................................................................................................... 45 GLOSSARY ....................................................................................................................................................... 45