Base Offering Circular – Multifamily 86 TAC Component....................... A Component that is designed to receive distributions of principal using a predetermined schedule derived by assuming a single constant prepayment rate for the underlying Mortgage Loans. Tax Administrator....................  With respect to a Trust or MX Trust, the Person designated in the related Trust Agreement or MX Trust Agreement, as the case may be, to perform certain tax administrative functions for such trust. Tax Matters Person ................  The Person or Persons designated from time to time in the Trust Agreement to act as tax matters person (within the meaning of the REMIC Provisions) of a Trust REMIC. Terms Sheet ...........................  With respect to each Series, the portion of the Offering Circular Supplement summarizing the basic terms of the transaction. Transfer.................................  Any direct or indirect transfer, sale or other form of assignment of any Ownership Interest. Transfer Affidavit ...................  An affidavit, in the form provided in the REMIC Standard Trust Provisions, required in connection with any Transfer from the related Transferor. Transferee ..............................  Any Person who is acquiring an Ownership Interest. Transferor...............................  Any Person who is disposing of an Ownership Interest. Treasury ................................  The United States Treasury Department. Treasury Index .......................  Either (i) the auction average (investment) yield on three-month or six-month U.S. Treasury bills or (ii) the weekly average yield on U.S. Treasury securities adjusted to a constant maturity of one, three, five, seven or ten years or to some other constant maturity, in each case as specified in the related Trust Agreement. Treasury Index Class................  A Class bearing interest at a rate determined by reference to the applicable Treasury Index. Treasury Regulations ..............  The regulations, including proposed regulations and temporary regulations, promulgated under the Code from time to time. Trust .....................................  A Ginnie Mae REMIC Trust.