Wells Fargo Securities

Offering Circular Supplement (To Offering Circular Dated August 1, 2014) $499,880,416 Freddie Mac Multiclass Certificates, Series 4526 Offered Classes: REMIC Classes shown below and MACR Classes shown on Appendix A Offering Terms: The underwriter named below is offering the Classes in negotiated transactions at varying prices; it is expected that we will purchase certain of the Group 2 Classes Closing Date: November 30, 2015 REMIC Classes Original Balance Principal Type(1) Class Coupon Interest Type(1) CUSIP Number Final Payment Date CA $ 7,425,000 SUP 30% 3137BL Z S 0 November 15, 2045 CD 1,008,000 PAC II 30 3137BLZT8 November 15, 2045 CZ 2,000 SUP 30 /Z 3137BLZU5 November 15, 2045 FA 40,000,000 PT (2) FLT 3137BLZV3 November 15, 2045 LA 8,802,500 SUP 30 3137BLZW1 November 15, 2045 LD 1,195,000 PAC II 30 3137BLZX9 November 15, 2045 LZ 2,500 SUP 30 /Z 3137BLZY7 November 15, 2045 MH 71,369,000 PAC I 30 3137BM2F2 February 15, 2044 MJ 10,196,000 PAC I 30 3137BM2H8 November 15, 2045 SA 40,000,000 NTL(PT) (2) INV/IO 3137BM3B0 November 15, 2045 Group 2 BA 50,000,000 40 3137BLZL5 June 15, 2043 BC 3,546,000 40 3137BLZM3 November 15, 2020 BD 43,350,000 40 3137BLZN1 June 15, 2043 BV 10,013,920 40 3137BL Z P 6 April 15, 2033 BZ 10,013,920 40 /Z 3137BLZR2 November 15, 2045 Group 3 PA 48,205,798 PAC 386302687 3137BM2L9 January 15, 2042 PQ 35,000,000 PAC 30 3137BM2Y1 January 15, 2042 PZ 9,085,219 PAC 35 /Z 3137BM2Z8 November 15, 2045 Z 20,000,000 SUP 35 /Z 3137BM3E4 November 15, 2045 Group 4 VB 11,765,559 SC/PT 40 3137BM3D6 March 15, 2033 Group 5 AB 46,800,000 30 3137BL Z 7 6 August 15, 2042 AJ 6,800,000 40 3137BLZE1 July 15, 2023 AK 40,000,000 40 3137BL Z F 8 August 15, 2042 AV 6,560,000 35 3137BL Z J 0 September 15, 2035 AZ 12,650,000 35 /Z 3137BLZK7 November 15, 2045 VA 6,090,000 AD/ 35 3137BM3C8 February 15, 2027 Residual R 0 NPR 00 NPR 3137BM3A2 November 15, 2045 (1) See Appendix II to the Offering Circular (2) See Terms Sheet Interest The Certificates may not be suitable investments for you You should not purchase Certificates unless you have carefully considered and are able to bear the associated prepayment, interest rate, yield and market risks of investing in them Certain Risk Considerations on page S-2 highlights some of these risks You should purchase Certificates only if you have read and understood this Supplement, the attached Offering Circular and the documents identified under Available Information We guarantee principal and interest payments on the Certificates These payments are not guaranteed by, and are not debts or obligations of, the United States or any federal agency or instrumentality other than Freddie Mac The Certificates are not tax-exempt Because of applicable securities law exemptions, we have not registered the Certificates with any federal or state securities commission No securities commission has reviewed this Supplement Wells Fargo Securities October 29, 2015

CERTAIN RISK CONSIDERATIONS Although we guarantee the payments on the Certificates, and so bear the associated credit risk, as an investor you will bear the other risks of owning mortgage securities This section highlights some of these risks You should also read Risk Factors and Prepayment, Yield and Suitability Considerations in the Offering Circular for further discussions of these risks The Certificates May Not be Suitable Investments for You The Certificates are complex securities You should not purchase Certificates unless you are able to understand and bear the associated prepayment, interest rate, yield and market risks In particular, the Principal Only, Interest Only, Inverse Floating Rate, Accrual, Support and Residual Classes have special risks and are not suitable for all investors Prepayments Can Reduce Your Yield expect if: The yield on your Certificates could be lower than you You buy your Certificates at a premium over their principal amount and principal payments are faster than you expect You buy your Certificates at a discount to their principal amount and principal payments are slower than you expect This is especially true for the Principal Only Class If you buy an Interest Only Class or any other Class at a significant premium and prepayments are fast, you may not even recover your investment LIBOR Levels Can Reduce Your Yield if You Own a Floating Rate or Inverse Floating Rate Class The yield on your Certificates could be lower than you expect if: You buy the Floating Rate Class and LIBOR levels are lower than you expect You buy the Inverse Floating Rate Class and LIBOR levels are higher than you expect If you buy the Inverse Floating Rate Class, you may not even recover your investment if LIBOR levels are high or prepayments are fast The Group 3 Assets are Backed By Super-Conforming Mortgages Super-Conforming Mortgages may tend to prepay differently than standard conforming Mortgages because of a number of factors, including their larger relative principal balance (and larger resulting savings in the case of refinancing in a low interest rate environment), the presence of Freddie Mac and Fannie Mae in the secondary market for such Mortgages (which may tend to reduce the prevailing interest rates offered by lenders for extending such Mortgages and to increase funds available for such Mortgages) and the possible geographic concentration of such Mortgages See Prepayment and Yield Analysis General The Certificates are Subject to Market Risks You will bear all of the market risks of your investment The market value of your Certificates will vary over time, primarily in response to changes in prevailing interest rates If you sell your Certificates when their market value is low, you may experience significant losses The underwriter named on the front cover (the Underwriter ) intends to make a market for the purchase and sale of the Certificates after they are issued, but has no obligation to do so A secondary market may not develop Even if one does develop, it may not be liquid enough to allow you to sell your Certificates easily or at your desired price Our Multiclass Certificates Offering Circular dated August 1, 2014 (the Offering Circular ), attached to this Supplement, defines many of the terms we use in this Supplement S-2

TERMS SHEET This Terms Sheet contains selected information about this Series You should refer to the remainder of this Supplement for further information In this Supplement, we refer to Classes only by their letter designations For example, R refers to the R Class of this Series Payment Dates We make payments of principal and interest on the Certificates on each monthly Payment Date beginning in December 2015 Form of Classes Regular and MACR Classes: Residual Class: Certificated Book-entry on Fed System Interest The Fixed Rate Classes bear interest at the Class Coupons shown on the front cover and Appendix A PO is a Principal Only MACR Class and does not bear interest The Floating Rate and Inverse Floating Rate Classes bear interest as shown in the following table The initial Class Coupons apply only to the first Accrual Period As used in this table, LIBOR means one-month LIBOR We determine LIBOR using the ICE Method Class Initial Class Coupon Class Coupon Formula Class Coupon Subject to Minimum Rate Maximum Rate FA 0505% LIBOR + 035% 035% 65% SA 5995 615% LIBOR 0 615 See Appendix V to the Offering Circular and Payments Interest Notional Classes Class Original Notional Principal Amount Reduces Proportionately With MI* $26,763,375 MH (PAC I) SA 40,000,000 FA (PT) Group 3 PI* $53,205,797 PA (PAC) Group 5 AI* $20,057,142 AB () * MACR Class See Payments Interest Notional Classes S-3

MACR Classes This Series includes MACR Classes Appendix A shows the characteristics of the MACR Classes and the Combinations of REMIC and MACR Classes See Appendix III to the Offering Circular for a description of MACR Certificates and exchange procedures and fees Principal REMIC Classes On each Payment Date, we pay: Support and Accrual Pass- Through The CZ Accrual Amount to CA, until retired, and then to CZ The LZ Accrual Amount to LA, until retired, and then to LZ 285714285714% of the Asset Principal Amount to FA, until retired 714285714286% of the Asset Principal Amount in the following order of priority: Type I PAC Type II PAC 1 To MH and MJ, in that order, until reduced to their Aggregate Targeted Balance 2 Concurrently: a 457553566585% as follows: i To CD, until reduced to its Targeted Balance Support ii To CA and CZ, in that order, until retired Type II PAC Type II PAC iii To CD, until retired b 542446433415% as follows: i To LD, until reduced to its Targeted Balance Support ii To LA and LZ, in that order, until retired Type II PAC Type I PAC iii To LD, until retired 3 To MH and MJ, in that order, until retired Group 2 Sequential Pay and Accrual The BZ Accrual Amount to BV, until retired, and then to BZ S-4

Sequential Pay The Group 2 Asset Principal Amount in the following order of priority: 1 Concurrently: a 516017173052% to BA, until retired b 483982826948% to BC and BD, in that order, until retired 2 To BV and BZ, in that order, until retired Group 3 PAC and Accrual PAC The PZ Accrual Amount to PA and PQ, pro rata, until retired, and then to PZ The Z Accrual Amount and the Group 3 Asset Principal Amount in the following order of priority: 1 To the PAC Classes, until reduced to their Aggregate Targeted Balance, allocated as follows: a To PA and PQ, pro rata, while outstanding b To PZ, while outstanding Support 2 To Z, until retired PAC 3 To the PAC Classes, as described in step 1 above, but without regard to their Aggregate Targeted Balance, until retired Group 4 SC/Pass- Through The Group 4 Asset Principal Amount to VB, until retired Group 5 Sequential Pay and Accrual Sequential Pay The AZ Accrual Amount to VA and AV, in that order, until retired, and then to AZ The Group 5 Asset Principal Amount in the following order of priority: 1 Concurrently: a 50% to AB, until retired b 50% to AJ and AK, in that order, until retired 2 To VA, AV and AZ, in that order, until retired S-5

The Aggregate Targeted Balances and Targeted Balances are in Appendix B They were calculated using the following Structuring Ranges Type I PAC Type II PAC (CD) Type II PAC (LD) Group 3 PAC See Payments Principal and Prepayment and Yield Analysis MACR Classes Structuring Range 125% PSA - 225% PSA 135% PSA - 225% PSA 135% PSA - 225% PSA 118% PSA - 250% PSA On each Payment Date when any outstanding MACR Certificates are entitled to principal payments, we allocate such payments from the applicable REMIC Certificates to those MACR Certificates, as described under MACR Certificates in the Offering Circular REMIC Status We will form a Single-Tier REMIC Pool for this Series We will elect to treat the REMIC Pool as a REMIC under the Code R will be the Residual Class and the other Classes shown on the front cover will be Regular Classes The Residual Class will be subject to transfer restrictions See Certain Federal Income Tax Consequences in this Supplement and the Offering Circular Weighted Average Lives (in years)* 0% 125% 190% 225% 400% CA 289 192 73 23 07 CD 275 101 28 28 13 CZ 300 283 283 109 14 FA, SA and Assets 196 89 68 60 36 LA 289 192 73 23 07 LD 275 101 28 28 13 LZ 300 283 283 107 14 MA, MB, MC, MD, ME, MG, MH, MI, MKandML 162 53 53 53 33 MJ 265 178 178 178 111 Group 2 0% 100% 260% 450% 600% BA 177 79 41 27 21 BC 26 08 05 03 03 BD 189 85 44 29 23 BV 97 97 80 57 46 BW 288 235 145 90 68 BZ 288 235 156 102 78 Group 2 Assets 196 106 59 38 29 * We calculate weighted average lives based on the assumptions described in Prepayment and Yield Analysis The actual weighted average lives are likely to differ from those shown, perhaps significantly S-6

Group 3 0% 118% 200% 250% 400% PA, PB, PC, PD, PE, PI, PJ, PK, PL, PM, PN, POandPQ 119 54 54 54 40 PZ 220 166 166 166 118 Z 268 189 87 29 16 Group 3 Assets 193 99 73 63 44 Group 4 0% 100% 200% 300% 400% VB and Group 4 Assets 139 139 125 96 76 Group 5 0% 100% 177% 300% 400% AB,AC,AD,AE,AG,AH,AI,APandAQ 168 63 42 26 20 AJ 41 07 04 03 02 AK 190 73 48 30 23 AV 158 147 116 79 61 AZ 284 206 171 124 98 VA 60 60 60 51 43 Group 5 Assets 193 92 67 44 33 The Assets The, 2, 3 and 5 Assets (the PC Assets ) consist of Freddie Mac PCs with the following characteristics: Group Principal Balance Original Term (in years) Interest Rate 1 $140,000,000 30 40% 2 116,923,840 30 40 3* 112,291,017 30 35 5 118,900,000 30 35 * Backed by Super-Conforming Mortgages See General Information The Mortgages S-7

The Group 4 Assets (the Multiclass Assets ) consist of: Class Percentage of Class in This Series Balance in This Series Class Factor for Month of Closing Date Class Coupon Principal/ Interest Type(1) Final Payment Date 4437-VB(2) 100% $2,892,559 100000000 40% / July 15, 2032 4445-NV 100 1,599,000 100000000 40 / August 15, 2032 4445-VB 100 1,225,000 100000000 40 / August 15, 2032 4470-GV 100 1,778,000 100000000 40 / October 15, 2032 4482-VH 100 849,000 100000000 40 / November 15, 2032 4492-JV 100 533,000 100000000 40 AD// December 15, 2032 4506-JV 100 966,000 100000000 40 AD// January 15, 2033 4506-KV 100 1,274,000 100000000 40 / January 15, 2033 4522-LV 100 649,000 100000000 40 AD// March 15, 2033 (1) This Supplement contains no information as to whether there have been changes in the payment behavior of the Multiclass Assets since we prepared the Multiclass Asset Offering Circulars You may obtain additional information regarding the payment behavior of the Multiclass Assets by analyzing the Class Factors for the applicable Classes in light of the payment rules described in the Multiclass Asset Offering Circulars See Payments Class Factors and Prepayment and Yield Analysis Prepayment and Weighted Average Life Considerations The Multiclass Assets (2) MACR Class We have agreed to sell the Group 2 Assets to the Underwriter for inclusion in this Series See General Information Structure of Transaction and Exhibits I through VII We will publish a Supplemental Statement applicable to this Series shortly after the Closing Date The Supplemental Statement will contain a schedule of the Assets and other information See Available Information Mortgage Characteristics (as of November 1, 2015) PC Assets Assumed Mortgage Characteristics Group Principal Balance Remaining Term to Maturity (in months) Loan Age (in months) Per Annum Interest Rate Per Annum Interest Rate of Related PCs 1 $140,000,000 340 15 4544% 40% 2 116,923,840 355 5 4624 40 3 112,291,017 359 1 4200 35 5 118,900,000 316 36 4037 35 Multiclass Assets Mortgage Characteristics Series Weighted Average Remaining Term to Maturity (in months) Weighted Average Loan Age (in months) Weighted Average Per Annum Interest Rate Per Annum Interest Rate of Related PCs 4437 346 12 4648% 40% 4445(NV) 343 13 4745 40 4445(VB) 349 10 4660 40 4470 350 8 4653 40 4482 352 6 4617 40 4492 353 5 4570 40 4506 354 4 4583 40 4522 354 4 4583 40 The actual characteristics of the Mortgages are likely to differ from those shown, in some cases significantly See General Information The Mortgages S-8

AVAILABLE INFORMATION We incorporate by reference in this Supplement the Incorporated Documents listed under Additional Information in the Offering Circular For purposes of this Supplement, the Incorporated Documents also include, if you are investing in the Group 4 Class, our Offering Circular Supplements for the Multiclass Assets (each, a Multiclass Asset Offering Circular ), the front covers, Terms Sheets and, if applicable, MACR table from which are in Exhibits I through VII When we incorporate documents by reference, that means we are disclosing information to you by referring to those documents rather than by providing you with separate copies The Incorporated Documents are considered part of this Supplement You should purchase Certificates only if you have read and understood this Supplement, the Offering Circular and the Incorporated Documents Information that we incorporate by reference will automatically update information in this Supplement We will also publish a Supplemental Statement applicable to this Series shortly after the Closing Date The Supplemental Statement will contain a schedule of the Assets and other information You should rely only on the most current information provided or incorporated by reference in this Supplement and any applicable Supplemental Statement You may read and copy any document we file with the SEC at the SEC s public reference room at 100 F Street, NE, Washington, DC 20549 Please call the SEC at 1-800-SEC-0330 for further information on the public reference room The SEC also maintains a website at http://wwwsecgov that contains reports, proxy and information statements, and other information regarding companies that file electronically with the SEC You can obtain, without charge, copies of the Incorporated Documents, any documents we subsequently file with the SEC, the Trust Agreement and current information concerning the Assets and Certificates, as well as the disclosure documents and current information for any other securities we issue, from our Investor Inquiry Department or our internet website as described on pages 6 and 7 of the Offering Circular You can also obtain the documents listed above from the Underwriter at: Wells Fargo Securities, LLC Customer Service MAC N9303-054 608 2nd Avenue South, Suite 500 Minneapolis, Minnesota 55479 US and International Callers: (800) 645-3751, option 5 WFSCustomerService@wellsfargocom The Trust Agreement GENERAL INFORMATION We will form a trust fund to hold the Assets and to issue the Certificates, each pursuant to the Multiclass Certificates Master Trust Agreement dated August 1, 2014 and a Terms Supplement dated the Closing Date (together, the Trust Agreement ) We will act as Trustee and Administrator under the Trust Agreement You should refer to the Trust Agreement for a complete description of your rights and obligations and those of Freddie Mac You will acquire your Certificates subject to the terms and conditions of the Trust Agreement, including the Terms Supplement S-9

Form of Certificates The Regular and MACR Classes are issued, held and transferable on the Fed System The Residual Class is issued and held in certificated form and is transferable at the office of the Registrar Only a Fed Participant can be a Holder of a Regular or MACR Class As an investor in Certificates, you are not necessarily the Holder See Description of Certificates Form, Holders and Payment Procedures in the Offering Circular Denominations of Certificates See Description of Certificates Form, Holders and Payment Procedures in the Offering Circular for the minimum denominations of the Classes Structure of Transaction General This Series is a Single-Tier Series See Description of Certificates REMIC Pool Structures in the Offering Circular The PC Assets The PC Assets are Gold PCs and/or Gold Giant PCs We act in multiple roles in connection with the PCs that we issue: trustee, depositor, administrator and guarantor See the PC Offering Circular for information regarding possible conflicts of interest pertaining to these roles The Multiclass Assets The Multiclass Assets consist of previously issued Freddie Mac REMIC and MACR Certificates, which represent interests in their underlying PCs For additional information about the Multiclass Assets, see the Multiclass Asset Offering Circulars and other related information on our internet website We have attached the front covers, Term Sheets and, if applicable, MACR table from the Multiclass Asset Offering Circulars as Exhibits to this Supplement There may have been material changes since we prepared the Multiclass Asset Offering Circulars, including changes in payment behavior of the Multiclass Assets and changes in prepayment rates, prevailing interest rates and other economic factors These changes may limit the usefulness of, and be inconsistent with the assumptions used in preparing, the Multiclass Asset Offering Circulars The Mortgages The Mortgages underlying the Assets (the Mortgages ) are fixed-rate, first lien residential mortgages and mortgage participations For purposes of this Supplement, we have made certain assumptions regarding the Mortgages underlying the PC Assets, as shown under Terms Sheet Mortgage Characteristics The weighted average remaining terms to maturity, weighted average loan ages and weighted average interest rates of the Mortgages underlying the Multiclass Assets, as of November 1, 2015, are shown under Terms Sheet Mortgage Characteristics However, the actual characteristics of the Mortgages S-10

are likely to differ from those assumed or shown, perhaps significantly This is the case even if the weighted average characteristics of the Mortgages are the same as those of mortgages having the characteristics assumed or shown The Group 3 Assets are backed by Super-Conforming Mortgages See Terms Sheet The Assets A Super-Conforming Mortgage is a Mortgage secured by a property located in a designated highcost area with an original principal balance exceeding the base conforming loan limit ($417,000 for a one-family residence, or up to 125% of the median house price for certain geographic areas, not to exceed $729,750 for a one family residence) We will furnish some of the Assets from our own portfolio Assets from our portfolio, or from other sources, may emphasize specific Mortgage characteristics, such as loan purpose, source of origination, geographic distribution or loan size, or specific borrower characteristics, such as credit score or equity in the property You can obtain information about the underlying Mortgage characteristics for the Assets from our internet website Payment Dates; Record Dates PAYMENTS We make payments of principal and interest on the Certificates on each Payment Date, beginning in the month following the Closing Date A Payment Date is the 15th of each month or, if the 15th is not a Business Day, the next Business Day On each Payment Date, any payment on a Certificate is made to the Holder of record as of the end of the preceding calendar month Method of Payment You will receive payments on your Certificates in the manner described under Description of Certificates Form, Holders and Payment Procedures in the Offering Circular Categories of Classes For purposes of principal and interest payments, we have categorized the Classes as shown under Principal Type and Interest Type on the front cover and Appendix A Appendix II to the Offering Circular explains the abbreviations used for categories of Classes Interest We pay 30 days interest on each Payment Date to the Holders of each Class on which interest has accrued, except that the Accrual Classes receive payments as described below We calculate each interest payment on the outstanding balance of the Class immediately before the Payment Date and on the basis of a 360-day year of twelve 30-day months Accrual Period The Accrual Period for each Payment Date is: For Fixed Rate Classes the preceding calendar month For Floating Rate and Inverse Floating Rate Classes from the 15th of the preceding month to the 15th of the month of that Payment Date S-11

Fixed Rate Classes The Fixed Rate Classes bear interest at the Class Coupons shown on the front cover and Appendix A Notional Classes The Notional Classes do not receive principal payments For calculating interest payments, the Notional Classes have notional principal amounts that will reduce as shown under Terms Sheet Notional Classes Principal Only Class The Principal Only Class is shown under Terms Sheet Interest It does not bear interest Floating Rate and Inverse Floating Rate Classes The Floating Rate and Inverse Floating Rate Classes bear interest as shown under Terms Sheet Interest Their Class Coupons are based on LIBOR We determine LIBOR and calculate the Class Coupons for the Floating Rate and Inverse Floating Rate Classes as described in Appendix V to the Offering Circular Accrual Classes AZ, BZ, CZ, LZ, PZ and Z are Accrual Classes The Accrual Classes do not receive interest payments; rather, interest accrued on an Accrual Class during each Accrual Period is added to its principal amount on the related Payment Date We pay principal on each Accrual Class, including accrued interest that has been added to its principal amount, as described under Terms Sheet Principal Principal We pay principal on each Payment Date to the Holders of the Classes on which principal is then due Holders receive principal payments on a pro rata basis among the Certificates of their Class Amount of Payments The principal payments on the Certificates on each Payment Date equal: The amount of interest accrued on each Accrual Class during the related Accrual Period and not payable as interest on that Payment Date (the AZ Accrual Amount, the BZ Accrual Amount and so forth) The amount of principal required to be paid in the same month on the Assets of each Group (the Asset Principal Amount, the Group 2 Asset Principal Amount and so forth) Allocation of Payments On each Payment Date, we pay the Accrual Amounts and the Asset Principal Amounts for that Payment Date as described under Terms Sheet Principal Principal allocable to the Classes receiving payments from a particular Asset Group will be allocated only to those Classes and will not be available for Classes receiving payments from the other Asset Groups S-12

Class Factors General We make Class Factors available on or about the fifth business day of each month after the Closing Date See Description of Certificates Payments Class Factors in the Offering Circular Use of Factors You can calculate principal and interest payments by using the Class Factors For example, the reduction (or for an Accrual Class, the increase) in the balance of a Certificate in February will equal its original balance times the difference between its January and February Class Factors The amount of interest to be paid on (or for an Accrual Class, added to the principal balance of) a Certificate in February will equal 30 days interest at its Class Coupon, accrued during the related Accrual Period, on the balance of that Certificate determined by its January Class Factor Guarantees We guarantee to each Holder of a Certificate the timely payment of interest at its Class Coupon and the payment of its principal amount as described in this Supplement See Description of Certificates Payments Guarantees in the Offering Circular 1% Clean-up Call We have a 1% Clean-up Call Right If we exercise this right, all of the Classes then outstanding will be paid in full and will retire Depending upon the principal payment priorities and the original balances of the Classes in their own Series, the Multiclass Assets may or may not become subject to the similar 1% Clean-up Call Rights in their Series See Description of Certificates Payments 1% Clean-up Call in the Offering Circular Residual Proceeds Upon surrender of their Certificates to the Registrar, the Holders of the Residual Class will receive the proceeds of any remaining assets of the REMIC Pool after all required principal and interest payments on the Classes have been made Any remaining assets are likely to be insignificant See Description of Certificates Payments Residual Classes in the Offering Circular General Mortgage Prepayments PREPAYMENT AND YIELD ANALYSIS The rates of principal payments on the Assets and the Certificates will depend on the rates of principal payments, including prepayments, on the underlying Mortgages The Mortgages are subject to prepayment at any time without penalty Mortgage prepayment rates fluctuate continuously and, in some market conditions, substantially See Prepayment, Yield and Suitability Considerations Prepayments in the Offering Circular for a discussion of Mortgage prepayment considerations and risks S-13

Super-Conforming Mortgages may tend to prepay differently than standard conforming Mortgages because of a number of factors, including their larger relative principal balance (and larger resulting savings in the case of refinancing in a low interest rate environment), the presence of Freddie Mac and Fannie Mae in the secondary market for such Mortgages (which may tend to reduce the prevailing interest rates offered by lenders for extending such Mortgages and to increase funds available for such Mortgages) and the possible geographic concentration of such Mortgages Yield As an investor in the Certificates, your yield will depend on: Your purchase price The rate of principal payments on the underlying Mortgages The actual characteristics of the underlying Mortgages If you own a Floating Rate or Inverse Floating Rate Class, the level of LIBOR If you own a Fixed Rate Class, the delay between its Accrual Period and the related Payment Date If you own the Group 4 Class, the payment characteristics of the Multiclass Assets in their own Series, as described in the Terms Sheets of the Multiclass Asset Offering Circulars See Prepayment, Yield and Suitability Considerations Yields in the Offering Circular for a discussion of yield considerations and risks Suitability The Certificates may not be suitable investments for you See Prepayment, Yield and Suitability Considerations Suitability in the Offering Circular for a discussion of suitability considerations and risks Modeling Assumptions To prepare the tables in this Supplement, we have made several assumptions Unless otherwise noted, each table employs the following assumptions (the Modeling Assumptions ), among others: The Mortgages underlying the PC Assets have the characteristics shown under Terms Sheet Mortgage Characteristics As of November 1, 2015, each Mortgage underlying the Multiclass Assets has a remaining term to maturity equal to the weighted average remaining term to maturity, a loan age equal to the weighted average loan age, and an interest rate equal to the weighted average interest rate, of all the Mortgages underlying the same PC As of the Closing Date, the Assets have the balances shown under Terms Sheet The Assets The Multiclass Assets receive payments as described in the Multiclass Asset Offering Circulars The Classes and Assets always receive payments on the 15th of the month, whether or not a Business Day S-14

We do not exercise our 1% Clean-up Call Right Each Class is outstanding from the Closing Date to retirement and no exchanges occur The Modeling Assumptions, like any other stated assumptions, are likely to differ from actual experience in many cases For example, the Mortgages have characteristics more diverse than those assumed, many Payment Dates will occur on a Business Day after the dates assumed and we may exercise our 1% Clean-up Call Right Moreover, Mortgage prepayment rates will differ from the percentages of PSA shown in the tables These differences will affect the actual payment behavior, weighted average lives and yields of the Classes, perhaps significantly See Prepayment, Yield and Suitability Considerations Tabular Information in Supplements in the Offering Circular for descriptions of weighted average life and yield calculations and the PSA prepayment model Prepayment and Weighted Average Life Considerations The following discussion in this Prepayment and Weighted Average Life Considerations section relates to the REMIC Classes The principal payment behavior of the MACR Classes reflects the principal payment behavior of their related REMIC Classes See MACR Classes below Accretion Directed Class Payments of principal on the Accretion Directed Class should be stable under relatively slow prepayment scenarios because the AZ Accrual Amount will be dedicated to making principal payments on that Class until it retires The weighted average life of the Accretion Directed Class cannot exceed its weighted average life as shown in the following table under any prepayment scenario, even a scenario where there are no prepayments Based on the Modeling Assumptions, the Accretion Directed Class would retire on, but not before, its Final Payment Date if the underlying Mortgages were to prepay at any constant rate at or below the rate shown for that Class until it retires The principal payment stability of the Accretion Directed Class is supported primarily by its receipt of the AZ Accrual Amount It is protected against early retirement by the Classes shown in the table below When those Classes retire, however, the Accretion Directed Class, if outstanding, will become sensitive to Mortgage prepayments and may retire before its Final Payment Date Class Accretion Directed Class Maximum Weighted Average Life (in years) Final Payment Date Prepayment Rate at or below Protected By VA 60 February 15, 2027 168% PSA AB, AJ and AK The underlying Mortgages have characteristics that differ from the Modeling Assumptions As a result, even if the Mortgages prepay at a rate at or somewhat below the rate shown for the Accretion Directed Class, that Class could retire before its Final Payment Date and its weighted average life could shorten S-15

PAC Classes Principal payments on the PAC Classes should be more stable than would be the case if they did not receive such payments, to the extent of available principal, in accordance with their schedules Moreover, they will have cumulative priorities for future payments if they fall behind their schedules Based on the Modeling Assumptions, each of these Classes has a range of constant Mortgage prepayment rates (an Effective Range ) at which it would receive scheduled payments The Effective Range at any time depends on the actual or assumed characteristics of the underlying Mortgages at that time Based on the Modeling Assumptions, each PAC Class would receive scheduled payments until retirement if the underlying Mortgages were to prepay at any constant percentage of PSA within its initial Effective Range shown in the following table Class Initial Effective Ranges Type I PAC MH MJ Type II PAC CDandLD Group 3 PAC PAandPQ PZ Range 125% PSA - 225% PSA 107% PSA - 225% PSA 135% PSA - 225% PSA 118% PSA - 250% PSA 92%PSA-250% PSA The initial Effective Ranges, if calculated using the actual characteristics of the Mortgages, could differ from those shown in the table Even if the Mortgages were to prepay at a constant rate within the initial Effective Range shown for any Class, but near the upper or lower end of that Effective Range, that Class might not receive scheduled payments Non-constant prepayment rates can cause any Class not to receive scheduled payments, even if such rates remain within its initial Effective Range shown above The Effective Ranges can narrow or drift upward or downward over time Under many scenarios the Classes shown in the table, especially the Type II PAC Classes, would not receive scheduled payments Other Classes support the principal payment stability of the PAC Classes, as shown below When its supporting Classes all retire, any outstanding PAC Class will become more sensitive to Mortgage prepayments and its Effective Range will no longer exist If a Type II PAC Class supports any other Class at that time, its principal payment behavior will become similar to that of a Support Class, as described below Classes Supporting Classes Type I PAC Type II PAC (CD) Type II PAC (LD) Group 3 PAC Supported by Type II PAC and Support CAandCZ LAandLZ Support S-16

If the underlying Mortgages prepay at rates that are generally below the Effective Range for any Class, the available principal may be insufficient to produce scheduled payments on that Class and its weighted average life may extend, perhaps significantly If the underlying Mortgages prepay at rates that are generally above the Effective Range for any Class, its weighted average life may shorten, perhaps significantly However, the weighted average life of any PAC Class could extend (or shorten) under some scenarios, including whipsaw scenarios, involving Mortgage prepayments at rates that, on average, are above (or below) its Effective Range We distribute all available principal monthly on each Payment Date and do not retain it for distribution on subsequent Payment Dates As a result, the likelihood that the PAC Classes will receive scheduled payments will not benefit from averaging high and low principal payments in different months Support Classes The Support Classes support the principal payment stability of the PAC Classes as described above As a result, each Support Class is likely to be much more sensitive to Mortgage prepayments than is any Class it supports The Support Classes may receive no principal payments for extended periods of time, and their principal payment rates may vary widely from month to month Relatively fast Mortgage prepayments may significantly shorten, and relatively slow Mortgage prepayments may significantly extend, the weighted average lives of the Support Classes Sequential Pay Classes The Sequential Pay Classes receive principal payments from their related Assets in a prescribed sequence Pass-Through Classes Each Pass-Through Class receives all or a specified portion of the principal payments made on its related Assets The sensitivity of each Pass-Through Class to prepayments on the underlying Mortgages is the same as that of its related Assets The Multiclass Assets This Supplement contains no information as to whether there have been changes in the payment behavior of the Multiclass Assets since we prepared the Multiclass Asset Offering Circulars Any such changes could result in the Multiclass Assets receiving payments in a manner not consistent with the related Principal Type classifications shown in the Multiclass Asset Offering Circulars You may obtain additional information regarding the payment behavior of the Multiclass Assets by analyzing the Class Factors for the applicable Classes in light of the payment rules described in the Multiclass Asset Offering Circulars See Payments Class Factors in this Supplement and see Prepayment and Yield Analysis in the Multiclass Asset Offering Circulars MACR Classes The payment characteristics of the MACR Classes reflect the payment characteristics of their related REMIC Classes S-17

Declining Balances Table The following table shows: Percentages of original balances (as of the Closing Date) that would be outstanding after each of the Payment Dates shown at various percentages of PSA Corresponding weighted average lives We have prepared this table using the Modeling Assumptions However, for 0% PSA, we have assumed that each Mortgage underlying the PC Assets has (a) an interest rate 25% higher than that of the related PCs and (b) a remaining term to maturity of 360 months and a loan age of 0 months We have calculated weighted average lives for each Notional Class assuming that a reduction in its notional principal amount is a reduction in principal balance S-18

Percentages of Original Balances Outstanding* and Weighted Average Lives CA CD CZ Date 0% 125% 190% 225% 400% 0% 125% 190% 225% 400% 0% 125% 190% 225% 400% Closing Date 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 November 15, 2016 100 100 86 77 31 100 100 81 81 81 103 103 103 103 103 November 15, 2017 100 100 69 50 0 100 100 58 58 0 106 106 106 106 0 November 15, 2018 100 100 57 30 0 100 100 40 40 0 109 109 109 109 0 November 15, 2019 100 100 47 17 0 100 100 25 25 0 113 113 113 113 0 November 15, 2020 100 100 41 8 0 100 100 15 15 0 116 116 116 116 0 November 15, 2021 100 100 37 2 0 100 100 7 7 0 120 120 120 120 0 November 15, 2022 100 100 35 0 0 100 100 2 2 0 123 123 123 123 0 November 15, 2023 100 100 34 0 0 100 98 0 0 0 127 127 127 21 0 November 15, 2024 100 100 33 0 0 100 84 0 0 0 131 131 131 21 0 November 15, 2025 100 100 31 0 0 100 58 0 0 0 135 135 135 21 0 November 15, 2026 100 100 29 0 0 100 22 0 0 0 139 139 139 21 0 November 15, 2027 100 97 26 0 0 100 0 0 0 0 143 143 143 21 0 November 15, 2028 100 91 24 0 0 100 0 0 0 0 148 148 148 21 0 November 15, 2029 100 84 22 0 0 100 0 0 0 0 152 152 152 21 0 November 15, 2030 100 77 19 0 0 100 0 0 0 0 157 157 157 21 0 November 15, 2031 100 70 17 0 0 100 0 0 0 0 162 162 162 21 0 November 15, 2032 100 63 15 0 0 100 0 0 0 0 166 166 166 21 0 November 15, 2033 100 56 13 0 0 100 0 0 0 0 171 171 171 21 0 November 15, 2034 100 49 11 0 0 100 0 0 0 0 177 177 177 21 0 November 15, 2035 100 42 9 0 0 100 0 0 0 0 182 182 182 21 0 November 15, 2036 100 36 8 0 0 100 0 0 0 0 188 188 188 21 0 November 15, 2037 100 30 6 0 0 100 0 0 0 0 193 193 193 21 0 November 15, 2038 100 24 5 0 0 100 0 0 0 0 199 199 199 21 0 November 15, 2039 100 19 4 0 0 100 0 0 0 0 205 205 205 21 0 November 15, 2040 100 14 3 0 0 100 0 0 0 0 212 212 212 21 0 November 15, 2041 100 9 2 0 0 100 0 0 0 0 218 218 218 21 0 November 15, 2042 100 5 1 0 0 100 0 0 0 0 225 225 225 21 0 November 15, 2043 87 1 0 0 0 0 0 0 0 0 231 231 231 21 0 November 15, 2044 45 0 0 0 0 0 0 0 0 0 238 0 0 0 0 November 15, 2045 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Weighted Average Life (Years) 289 192 73 23 07 275 101 28 28 13 300 283 283 109 14 FA, SA and Assets LA LD Date 0% 125% 190% 225% 400% 0% 125% 190% 225% 400% 0% 125% 190% 225% 400% Closing Date 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 November 15, 2016 99 93 90 89 81 100 100 86 77 31 100 100 81 81 81 November 15, 2017 98 84 78 75 61 100 100 69 50 0 100 100 58 58 0 November 15, 2018 96 76 68 64 45 100 100 57 30 0 100 100 40 40 0 November 15, 2019 95 69 59 54 34 100 100 47 17 0 100 100 25 25 0 November 15, 2020 94 63 51 46 25 100 100 41 8 0 100 100 15 15 0 November 15, 2021 92 56 44 39 19 100 100 37 2 0 100 100 7 7 0 November 15, 2022 90 51 38 32 14 100 100 35 0 0 100 100 2 2 0 November 15, 2023 89 46 33 27 10 100 100 34 0 0 100 98 0 0 0 November 15, 2024 87 41 28 23 7 100 100 33 0 0 100 84 0 0 0 November 15, 2025 85 37 24 19 5 100 100 31 0 0 100 58 0 0 0 November 15, 2026 83 33 21 16 4 100 100 29 0 0 100 22 0 0 0 November 15, 2027 80 29 18 13 3 100 97 26 0 0 100 0 0 0 0 November 15, 2028 78 26 15 11 2 100 91 24 0 0 100 0 0 0 0 November 15, 2029 75 23 13 9 2 100 84 22 0 0 100 0 0 0 0 November 15, 2030 73 20 11 7 1 100 77 19 0 0 100 0 0 0 0 November 15, 2031 70 17 9 6 1 100 70 17 0 0 100 0 0 0 0 November 15, 2032 66 15 7 5 1 100 63 15 0 0 100 0 0 0 0 November 15, 2033 63 13 6 4 0 100 56 13 0 0 100 0 0 0 0 November 15, 2034 59 11 5 3 0 100 49 11 0 0 100 0 0 0 0 November 15, 2035 56 9 4 3 0 100 42 9 0 0 100 0 0 0 0 November 15, 2036 52 8 3 2 0 100 36 8 0 0 100 0 0 0 0 November 15, 2037 47 6 2 1 0 100 30 6 0 0 100 0 0 0 0 November 15, 2038 43 5 2 1 0 100 24 5 0 0 100 0 0 0 0 November 15, 2039 38 4 1 1 0 100 19 4 0 0 100 0 0 0 0 November 15, 2040 32 3 1 1 0 100 14 3 0 0 100 0 0 0 0 November 15, 2041 27 2 1 0 0 100 9 2 0 0 100 0 0 0 0 November 15, 2042 21 1 0 0 0 100 5 1 0 0 100 0 0 0 0 November 15, 2043 14 0 0 0 0 87 1 0 0 0 0 0 0 0 0 November 15, 2044 7 0 0 0 0 45 0 0 0 0 0 0 0 0 0 November 15, 2045 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Weighted Average Life (Years) 196 89 68 60 36 289 192 73 23 07 275 101 28 28 13 * Rounded to nearest whole percentage S-19

LZ MA, MB, MC, MD, ME, MG, MH, MI, MK and ML MJ Date 0% 125% 190% 225% 400% 0% 125% 190% 225% 400% 0% 125% 190% 225% 400% Closing Date 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 November 15, 2016 103 103 103 103 103 98 90 90 90 90 100 100 100 100 100 November 15, 2017 106 106 106 106 0 97 78 78 78 71 100 100 100 100 100 November 15, 2018 109 109 109 109 0 95 67 67 67 49 100 100 100 100 100 November 15, 2019 113 113 113 113 0 93 57 57 57 33 100 100 100 100 100 November 15, 2020 116 116 116 116 0 91 48 48 48 21 100 100 100 100 100 November 15, 2021 120 120 120 120 0 89 39 39 39 12 100 100 100 100 100 November 15, 2022 123 123 123 123 0 87 31 31 31 5 100 100 100 100 100 November 15, 2023 127 127 127 20 0 84 24 24 24 0 100 100 100 100 99 November 15, 2024 131 131 131 20 0 81 18 18 18 0 100 100 100 100 73 November 15, 2025 135 135 135 20 0 79 13 13 13 0 100 100 100 100 54 November 15, 2026 139 139 139 20 0 76 8 8 8 0 100 100 100 100 39 November 15, 2027 143 143 143 20 0 72 4 4 4 0 100 100 100 100 29 November 15, 2028 148 148 148 20 0 69 1 1 1 0 100 100 100 100 21 November 15, 2029 152 152 152 20 0 65 0 0 0 0 100 89 89 89 15 November 15, 2030 157 157 157 20 0 62 0 0 0 0 100 73 73 73 11 November 15, 2031 162 162 162 20 0 57 0 0 0 0 100 60 60 60 8 November 15, 2032 166 166 166 20 0 53 0 0 0 0 100 48 48 48 6 November 15, 2033 171 171 171 20 0 48 0 0 0 0 100 39 39 39 4 November 15, 2034 177 177 177 20 0 43 0 0 0 0 100 31 31 31 3 November 15, 2035 182 182 182 20 0 38 0 0 0 0 100 25 25 25 2 November 15, 2036 188 188 188 20 0 32 0 0 0 0 100 19 19 19 1 November 15, 2037 193 193 193 20 0 26 0 0 0 0 100 15 15 15 1 November 15, 2038 199 199 199 20 0 20 0 0 0 0 100 11 11 11 1 November 15, 2039 205 205 205 20 0 13 0 0 0 0 100 8 8 8 0 November 15, 2040 212 212 212 20 0 5 0 0 0 0 100 5 5 5 0 November 15, 2041 218 218 218 20 0 0 0 0 0 0 81 3 3 3 0 November 15, 2042 225 225 225 20 0 0 0 0 0 0 21 2 2 2 0 November 15, 2043 231 231 231 20 0 0 0 0 0 0 0 0 0 0 0 November 15, 2044 238 0 0 0 0 0 0 0 0 0 0 0 0 0 0 November 15, 2045 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Weighted Average Life (Years) 300 283 283 107 14 162 53 53 53 33 265 178 178 178 111 Group 2 BA BC BD Date 0% 100% 260% 450% 600% 0% 100% 260% 450% 600% 0% 100% 260% 450% 600% Closing Date 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 November 15, 2016 99 95 91 86 82 82 38 0 0 0 100 100 98 93 88 November 15, 2017 97 88 76 62 51 63 0 0 0 0 100 95 82 67 56 November 15, 2018 96 80 59 38 25 43 0 0 0 0 100 86 64 41 27 November 15, 2019 94 72 45 22 8 21 0 0 0 0 100 78 49 23 8 November 15, 2020 92 64 34 10 0 0 0 0 0 0 100 70 37 10 0 November 15, 2021 90 57 24 1 0 0 0 0 0 0 98 62 26 1 0 November 15, 2022 88 51 16 0 0 0 0 0 0 0 96 55 18 0 0 November 15, 2023 86 45 10 0 0 0 0 0 0 0 93 49 11 0 0 November 15, 2024 84 39 4 0 0 0 0 0 0 0 91 43 5 0 0 November 15, 2025 82 34 0 0 0 0 0 0 0 0 88 37 0 0 0 November 15, 2026 79 29 0 0 0 0 0 0 0 0 86 31 0 0 0 November 15, 2027 76 24 0 0 0 0 0 0 0 0 83 26 0 0 0 November 15, 2028 73 20 0 0 0 0 0 0 0 0 79 22 0 0 0 November 15, 2029 70 16 0 0 0 0 0 0 0 0 76 17 0 0 0 November 15, 2030 67 12 0 0 0 0 0 0 0 0 72 13 0 0 0 November 15, 2031 63 9 0 0 0 0 0 0 0 0 69 10 0 0 0 November 15, 2032 60 6 0 0 0 0 0 0 0 0 64 6 0 0 0 November 15, 2033 55 3 0 0 0 0 0 0 0 0 60 3 0 0 0 November 15, 2034 51 0 0 0 0 0 0 0 0 0 55 0 0 0 0 November 15, 2035 47 0 0 0 0 0 0 0 0 0 50 0 0 0 0 November 15, 2036 42 0 0 0 0 0 0 0 0 0 45 0 0 0 0 November 15, 2037 36 0 0 0 0 0 0 0 0 0 39 0 0 0 0 November 15, 2038 31 0 0 0 0 0 0 0 0 0 33 0 0 0 0 November 15, 2039 25 0 0 0 0 0 0 0 0 0 27 0 0 0 0 November 15, 2040 18 0 0 0 0 0 0 0 0 0 20 0 0 0 0 November 15, 2041 11 0 0 0 0 0 0 0 0 0 12 0 0 0 0 November 15, 2042 4 0 0 0 0 0 0 0 0 0 5 0 0 0 0 November 15, 2043 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 November 15, 2044 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 November 15, 2045 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Weighted Average Life (Years) 177 79 41 27 21 26 08 05 03 03 189 85 44 29 23 S-20

BV BW BZ Date 0% 100% 260% 450% 600% 0% 100% 260% 450% 600% 0% 100% 260% 450% 600% Closing Date 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 November 15, 2016 96 96 96 96 96 100 100 100 100 100 104 104 104 104 104 November 15, 2017 92 92 92 92 92 100 100 100 100 100 108 108 108 108 108 November 15, 2018 87 87 87 87 87 100 100 100 100 100 113 113 113 113 113 November 15, 2019 83 83 83 83 83 100 100 100 100 100 117 117 117 117 117 November 15, 2020 78 78 78 78 50 100 100 100 100 86 122 122 122 122 122 November 15, 2021 73 73 73 73 0 100 100 100 100 54 127 127 127 127 108 November 15, 2022 68 68 68 16 0 100 100 100 74 34 132 132 132 132 67 November 15, 2023 62 62 62 0 0 100 100 100 53 21 138 138 138 106 42 November 15, 2024 57 57 57 0 0 100 100 100 37 13 143 143 143 75 26 November 15, 2025 51 51 49 0 0 100 100 99 27 8 149 149 149 53 16 November 15, 2026 45 45 7 0 0 100 100 81 19 5 155 155 155 38 10 November 15, 2027 39 39 0 0 0 100 100 66 13 3 161 161 132 26 6 November 15, 2028 32 32 0 0 0 100 100 54 9 2 168 168 107 19 4 November 15, 2029 25 25 0 0 0 100 100 43 6 1 175 175 87 13 2 November 15, 2030 18 18 0 0 0 100 100 35 5 1 182 182 70 9 1 November 15, 2031 11 11 0 0 0 100 100 28 3 0 189 189 56 6 1 November 15, 2032 3 3 0 0 0 100 100 22 2 0 197 197 45 4 1 November 15, 2033 0 0 0 0 0 100 100 18 1 0 200 200 36 3 0 November 15, 2034 0 0 0 0 0 100 99 14 1 0 200 197 28 2 0 November 15, 2035 0 0 0 0 0 100 86 11 1 0 200 171 22 1 0 November 15, 2036 0 0 0 0 0 100 74 8 0 0 200 147 17 1 0 November 15, 2037 0 0 0 0 0 100 63 6 0 0 200 125 13 1 0 November 15, 2038 0 0 0 0 0 100 52 5 0 0 200 104 10 0 0 November 15, 2039 0 0 0 0 0 100 43 4 0 0 200 85 7 0 0 November 15, 2040 0 0 0 0 0 100 34 2 0 0 200 67 5 0 0 November 15, 2041 0 0 0 0 0 100 25 2 0 0 200 50 3 0 0 November 15, 2042 0 0 0 0 0 100 17 1 0 0 200 35 2 0 0 November 15, 2043 0 0 0 0 0 83 10 1 0 0 166 21 1 0 0 November 15, 2044 0 0 0 0 0 43 4 0 0 0 86 7 0 0 0 November 15, 2045 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Weighted Average Life (Years) 97 97 80 57 46 288 235 145 90 68 288 235 156 102 78 Group 2 Assets Date 0% 100% 260% 450% 600% Closing Date 100 100 100 100 100 November 15, 2016 99 96 92 88 85 November 15, 2017 98 90 80 68 60 November 15, 2018 96 83 66 49 37 November 15, 2019 95 77 55 35 24 November 15, 2020 94 70 45 25 15 November 15, 2021 92 65 37 18 9 November 15, 2022 90 59 31 13 6 November 15, 2023 89 54 25 9 4 November 15, 2024 87 50 21 6 2 November 15, 2025 85 45 17 5 1 November 15, 2026 83 41 14 3 1 November 15, 2027 80 37 11 2 1 November 15, 2028 78 34 9 2 0 November 15, 2029 75 31 7 1 0 November 15, 2030 73 27 6 1 0 November 15, 2031 70 24 5 1 0 November 15, 2032 66 22 4 0 0 November 15, 2033 63 19 3 0 0 November 15, 2034 59 17 2 0 0 November 15, 2035 56 15 2 0 0 November 15, 2036 52 13 1 0 0 November 15, 2037 47 11 1 0 0 November 15, 2038 43 9 1 0 0 November 15, 2039 38 7 1 0 0 November 15, 2040 32 6 0 0 0 November 15, 2041 27 4 0 0 0 November 15, 2042 21 3 0 0 0 November 15, 2043 14 2 0 0 0 November 15, 2044 7 1 0 0 0 November 15, 2045 0 0 0 0 0 Weighted Average Life (Years) 196 106 59 38 29 S-21