Base Offering Circular - Multifamily
482090
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Scheduled Class .........................
A Class that is designed to receive distributions of principal
using a predetermined schedule, but that fits neither the
definition of a PAC Class, nor the definition of a TAC
Class.
Scheduled Component ...............
A Component that is designed to receive distributions of
principal using a predetermined schedule, but that fits
neither the definition of a PAC Component, nor the
definition of a TAC Component.
Scheduled Principal Balance......
For any PAC, Scheduled or TAC Class or Component and
any Distribution Date, an amount indicated for such
Distribution Date on the Final Schedule.
Securities Structure ....................
The structure of a particular Series, including, as applicable,
the designation, Original Class Principal Balance or original
Class Notional Balance, Interest Rate and Class Type of
each Class, the priority of distributions among the Classes
and any call rights related to a Class.
Security.......................................
A Ginnie Mae Guaranteed Multifamily REMIC Pass-
Through Security including an MX or Modifiable Security
or a Ginnie Mae Guaranteed Callable Pass-Through
Security.
Security Group ...........................
One of two or more groups into which the Securities of a
Series may be segregated as described in the related Trust
Agreement and Offering Circular Supplement.
Series..........................................
A series of Securities issued pursuant to the terms of a Trust
Agreement and having the numerical or other designation
specified in such Trust Agreement.
Single REMIC Series .................
A Series as to which one REMIC election is made (or, in
the case of a single tier of side-by-side Trust REMICs, as to
which a corresponding number of REMIC elections are
made).
Special Excess Distribution .......
With respect to a Series, a distribution of principal and/or
Prepayment Penalties, if applicable, made on a Special
Excess Distribution Date.
Special Excess Distribution
Amount.......................................
With respect to each Trust MBS, each REMIC Series (or, if
the Series is segregated into Security Groups, for each Trust
MBS included in the related Trust Asset Group) and each
Special Excess Distribution Date, the sum of (a) the