Resolution of Board of Directors and Certificate of Authorized Signatures

• Legal Form Number: HUD-11702
• Issuer: Ginnie Mae
• Section: Ginnie Mae

For Reference Purposes Only – Not Valid for Submission

Name and Title of Officer

U.S. Department of Housing

and Urban Development

Government National Mort gage Association

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

Resolution of Board of Directors

and Certificate of Authorized

Signatures

(Please type all entries)

Public reporting burden for this collection of information is estimated to average 5 minutes per response, including the time for reviewing 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 current OMB control number.

Ginnie Mae is authorized to collect the information on this form as required by Section 306(g) of the National Housing Act and/or the Ginnie Mae

Handbook, 5500.3, Rev. 1. Ginnie Mae maintains this information to ensure that the persons identified below perform in accordance with acceptable

business standards. The information collected will not be disclosed outside the Department except as required by law.

Name of Issuer

Resolved First, that

Name and Title of Officer Signature

Issuer ID Number

Name and Title of Officer Signature

Name and Title of Officer Signature

Name and Title of Officer Signature

Name and Title of Officer Signature

Name and Title of Officer Signature

Name and Title of Officer Signature

Signature

of this corporation, or any one or more of them, be and each of them is

hereby authorized and empowered in the name of and on behalf of this

corporation and under its corporate seal, from time to time while these

resolutions are in effect, to execute and deliver to the Government

National Mortgage Association, in the form prescribed by said Association,

with respect to the issue(s) by this corporation, under Section 306(g) of

the National Housing Act and the Regulations pertaining thereto, of

mortgage-backed securities to be guaranteed by the Association, any

documents required to: (a) make applications to Ginnie Mae in the name

of and on behalf of this corporation for approval to become an issuer and

for Ginnie Mae commitments to guarantee such mortgage-backed

securities issued by this corporation; (b) enter into contracts with Ginnie

Mae for the latter's guaranty of mortgage-backed securities issued in

accordance with the terms and conditions of commitments to guarantee,

issued by the Association to this corporation; (c) merge mortgage notes,

deeds of trust and bonds now owned or hereafter acquired by this

corporation into pools or loan packages, against which this corporation

may issue mortgage-backed securities; (d) enter into any agreements,

execute any documents or papers, and furnish any information required or

deemed necessary or proper by the Association in connection with any of

the foregoing; and (e) abide by all the terms and conditions set forth in the

Ginnie Mae Mortgage-Backed Securities Guide.

Resolved Second, that the above named officers, be and they are hereby

authorized and empowered in their discretion and as occasion may arise

to receive and endorse the name of this corporation on any checks or

drafts representing the proceeds from collections made by servicers of

mortgages pertaining to pools or loan packages, and to issue and sign any

checks or drafts issued to pay to the security holders their pro rata shares

in these proceeds, and to do and perform any and all acts and to execute

any and all additional instruments or agreements, from time to time, in the

name of and on behalf of this corporation under its corporate seal or

otherwise, deemed necessary or proper by the Association in connection

with the formation of mortgage pools or loan packages, the issuance of

mortgage-backed securities, the guaranty of mortgage-backed securities

by the Association and the discharge of the duties and obligations of this

corporation, as issuer, until the proceeds of the last maturing mortgage in

any pool or loan package is remitted to registered security holders.

Resolved Third, that any contracts or agreements heretofore made with

said Association on behalf of this corporation, and all acts of officers or

agents of this corporation in connection with any contracts to be entered

into for the guaranty by the Association of mortgage-backed securities to

be issued by this corporation are hereby ratified and confirmed.

Resolved Fourth, that Ginnie Mae is authorized to rely upon the aforesaid

resolution until receipt by it of written notice thirty days in advance of any

proposed change therein.

Previous editions are obsolete. form HUD-11702 (01/2006)

Page 1 of 2 ref. Ginnie Mae Handbook 5500.3, Rev. 1