Base Offering Circular Multifamily
91
Weighted Average Period
From Issuance ...........................
With respect to designated Ginnie Mae Multifamily Certificates
and a Cut-off Date, the average, expressed in months, of the
period from issuance, as of the Cut-off Date, of the Mortgage
Loans underlying the Ginnie Mae Multifamily Certificates,
weighted on the basis of the respective current principal balances
of those Mortgage Loans after giving effect to all payments of
principal due on or before the Cut-off Date.
Weighted Average Remaining
Period from Issuance.................
With respect to designated Ginnie Mae Multifamily Certificates
and a Cut-off Date, the average, expressed in months, of the
remaining period from issuance, as of the Cut-off Date, of all the
Mortgage Loans underlying the Ginnie Mae Multifamily
Certificates, weighted on the basis of the respective current
principal balances of those Mortgage Loans after giving effect to
all payments of principal due on or before the Cut-off Date. For
purposes of this definition issuance means the later of (a) one
month prior to the first interest rate payment date after the most
recent FHA endorsement and (b) the Cut-off Date of the related
Ginnie Mae Multifamily Certificate, unless otherwise indicated
in the Offering Circular Supplement.
Weighted Average Remaining
Prepayment Penalty Period.......
With respect to designated Ginnie Mae Multifamily Certificates
and a Cut-off Date, the average, expressed in months, of the
remaining periods during which Prepayment Penalties will be
payable, as of the Cut-off Date, of all the Mortgage Loans
underlying the Ginnie Mae Multifamily Certificates, weighted
on the basis of the respective current principal balances of those
Mortgage Loans after giving affect to all payments of principal
due on or before the related Cut-off Date.
48464.000245 RICHMOND 1030684v2