Master Servicing Agreement

• Legal Form Number: HUD-11707
• Issuer: Ginnie Mae
• Section: Ginnie Mae

For Reference Purposes Only – Not Valid for Submission

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U.S. Department of Housing

and Urban Development

Government National Mortgage Association

OMB Approval No. 2503-0033 (Exp.04/30/2026)

Master Servicing Agreement

Initial Renewal

Public reporting burden for this collection of information is estimated to average 1 minute per response, including the time for revi ewing instructions,

searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may

not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.

The information is required by Sec. 306(g) of the National Housing Act or by Ginnie Mae Handbook 5500.3, Rev. 1. The information collected is to

provide assurance to Ginnie Mae that the servicing of mortgages for each of the issuer’s Ginnie Mae MBS is performed in accordance with acceptable

standards of mortgage servicing. The information collected will not be disclosed outside the Department except as required by law. Issuers must renew

this form annually.

Issuer ID Number The attached list of Pools and Loan Packages is covered by this Agreement

The Issuer:

will service the mortgages subject to the referenced Ginnie Mae pool/Loan Package Numbers as designated on the

form HUD-11705 or form HUD 11705H, for each securities issue.

will not service the mortgages subject to the referenced Ginnie Mae Pool/Loan Package Numbers as designated on the

form HUD-11705 or the form HUD 11705H, for each securities issue, and has arranged with a subservicer for the servicing

of the mortgages.

It is agreed that the mortgages submitted with each Schedule of Pooled Mortgages or Schedule of Pooled Participations &

Mortgages are to be serviced, whether by the Issuer or by a subservicer in accordance with the requirements set forth in the Ginnie

Mae Mortgage-Backed Securiti es Guide, Rev. 1. The Issuer agrees to be responsible and liable for servicing the mortgages,

including any acts or omissions of any subservicer in connection therewith.

Name of Issuer

Date

By

Title

Any servicing agreement between the Issuer and a subservicer shall be subject to and subordinate to the Guaranty Agreement

between the Issuer and Ginnie Mae. It is certified that the subservicer satisfies the requirements contained in the Ginnie Mae

Mortgage-Backed Securities Guide, Rev. 1 and will perform only those functions that are permitted by the Guide.

SubServicer

Date

Ginnie Mae Issuer ID Number

By

Title

form HUD-11707 (10/2007)

Previous editions are obsolete; replaces HUD-11707-M 1 ref. Ginnie Mae Handbook 5500.3, Rev. 1