Residential Mortgage Revenue Bonds Indentures (RMRB) (PDF - 53109)

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					BOND DISCLOSURE As of May 31, 2009

Unless otherwise specified, the information herein is provided as of the date set forth above. Although the Department
expects to update such information on a periodic basis, the Department has not undertaken or assumed any responsibility
to update such information either (i) upon the occurrence of any change therein or (ii) upon any particular date.

                                                        DISCLAIMER

“All information contained herein is obtained from sources believed to be accurate and reliable. Refer to the Official
Statement and operative documents of each series for complete information on that issue. Because of the possibility
of human and mechanical error as well as other factors, such information is provided “as is” without warranty of any
kind and, in particular, no representation or warranty, expressed or implied, is made nor to be inferred as to the
accuracy, timeliness or completeness, of any such information. Under no circumstances shall the Texas Department
of Housing and Community Affairs have any liability to any person or entity for (a) any loss or damage in whole or part
caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstances involved in
procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering
any such information, or (b) any direct, indirect, special, consequential or incidental damages whatsoever, even if the
Texas Department of Housing and Community Affairs is advised in advance of the possibility of such damages,
resulting from the use of, or inability to use, any such information.”


Individuals with disabilities are welcome to call the Bond Disclosure Manager with any questions:

Edward T. Morris
Bond Disclosure Manager
Texas Department of Housing and Community Affairs
(512) 475-3329
                                     Texas Department of Housing & Community Affairs
                                    Residential Mortgage Revenue Bond Indenture Profile
                                 1998 Series A/B RMRB (Program #54) & 1999A RMRB (Program #1034)
                                                        As of May 31, 2009

BONDS:

  Description:
                                                          Original                                          Taxable
                               Series                     Amount                    Priced at                Basis                Purpose
                               1998A             $            102,055,000           100.00%                  AMT                 New Money
                               1998B             $             14,300,000           100.00%                  AMT              Commercial Paper
                               1999A             $             25,615,000           100.00%                  AMT              Refund 1987A & D
                                Total            $            141,970,000

                  The 1998 RMRB Series A and B Bonds were issued on December 3, 1998 for $102,055,000 and
                  $14,300,000 respectively. $18,980,000 in Serial Bonds maturing July 1, 2010 were issued under
                  the 1998A Series in conjunction with the following five term bonds:
                                             1) $17,155,000 Term Bonds Due July 1, 2018
                                             2) $10,000,000 Term Bonds Due July 1, 2029
                                             3) $25,000,000 Term Bonds Due January 1, 2030
                                             4) $15,920,000 Term Bonds Due July 1, 2030
                                             5) $15,000,000 Term Bonds Due January 1, 2031

                  The $14,300,000 refunded commercial paper notes issued under the RMRB 1998B is comprised of two
                  Term Bonds, one for $9,300,000 due January 1, 2022, and the other for $5,000,000 due July 1, 2022.

                  The 1999 RMRB Series A Bonds are a series of economic refunding bonds that were issued on
                  May 20, 1999 for $25,615,000. The refunding proceeds were used to redeem all of the outstanding
                  1987 Series A and D Residential Mortgage Revenue Bonds on their first optional call date of July 1, 1999.
                  The 1999 RMRB Series A Bonds are comprised of two Term Bonds, one for $20,000,000 due July 1, 2018,
                  and the other for $5,615,000 due January 1, 2021.


  Name of Primary Underwriter:
                 Bear Stearns & Co. Inc.

  Current Balances of Bonds Outstanding:

                  RMRB 1998A:

                                                        MATURITY                   INTEREST             OUTSTANDING
                                                          DATE                      RATE (%)              BALANCE
                    Serials:
                                                          7/1/2009                   4.750             $         515,000
                                                          1/1/2010                   4.850             $         530,000
                                                          7/1/2010                   4.850             $         535,000
                                                 Total Serial                                          $       1,580,000

                                                        MATURITY                   INTEREST             OUTSTANDING
                                                          DATE                      RATE (%)              BALANCE

                    Terms:
                                                          7/1/2018                   5.250             $       6,985,000
                                                          7/1/2029                   5.350             $       4,065,000
                                                          1/1/2030                   4.550             $             -
                                                          7/1/2030                   5.350             $       6,475,000
                                                          1/1/2031                   5.250             $      14,955,000
                                                 Total Term                                            $      32,480,000

                                                                            Total 1998A Bonds                                 $     34,060,000
              RMRB 1998B:

                Terms:                         1/1/2022                  5.300          $        3,790,000
                                               7/1/2022                  5.300          $        2,045,000
                                      Total Term                                                             $      5,835,000

              RMRB 1999A:

                Terms:                         7/1/2018                  4.800          $        1,230,000
                                               1/1/2021                  5.500          $        3,190,000
                                      Total Term                                                             $      4,420,000

                                                                 Total 1998 A/B and 1999A Bond               $     44,315,000

Bond Redemption History 1998A

                         Redemption             Call                     Type of            Source of
                            Date               Amount                     Call                Funds              Balances
                                                                                          Original Issue         $102,055,000
                          1/1/2000                     925,000          Pro-rata          Repay/Prepay            101,130,000
                          7/1/2000                     680,000          Pro-rata          Repay/Prepay            100,450,000
                          1/1/2001                     760,000           Term             Repay/Prepay             99,690,000
                          7/1/2001                   2,205,000          Pro-rata          Repay/Prepay             97,485,000
                          1/1/2002                   2,520,000          Pro-rata          Repay/Prepay             94,965,000
                          6/1/2002                     275,000          Pro-rata         Excess Reserve            94,690,000
                          6/1/2002                     260,000          Pro-rata         Unexp Proceeds            94,430,000
                          7/1/2002                     900,000          Maturity          Repay/Prepay             93,530,000
                          7/1/2002                   2,905,000          Pro-rata          Repay/Prepay             90,625,000
                          1/1/2003                     910,000          Maturity          Repay/Prepay             89,715,000
                          1/1/2003                   3,370,000          Pro-rata          Repay/Prepay             86,345,000
                          7/1/2003                     915,000          Maturity          Repay/Prepay             85,430,000
                          7/1/2003                   3,250,000          Pro-rata          Repay/Prepay             82,180,000
                          1/1/2004                     920,000          Maturity          Repay/Prepay             81,260,000
                          1/1/2004                   4,975,000          Pro-rata          Repay/Prepay             76,285,000
                          7/1/2004                     880,000          Maturity          Repay/Prepay             75,405,000
                          7/1/2004                   4,235,000          Pro-rata          Repay/Prepay             71,170,000
                          1/1/2005                     865,000          Maturity          Repay/Prepay             70,305,000
                          1/1/2005                   8,645,000          Pro-rata          Repay/Prepay             61,660,000
                          7/1/2005                     755,000          Maturity          Repay/Prepay             60,905,000
                          7/1/2005                   8,160,000          Pro-rata          Repay/Prepay             52,745,000
                          1/1/2006                     660,000          Maturity          Repay/Prepay             52,085,000
                          1/1/2006                   3,525,000          Pro-rata          Repay/Prepay             48,560,000
                          7/1/2006                     635,000          Maturity          Repay/Prepay             47,925,000
                          7/1/2006                   1,850,000          Pro-rata          Repay/Prepay             46,075,000
                          1/1/2007                     650,000          Maturity          Repay/Prepay             45,425,000
                          1/1/2007                   2,630,000          Pro-rata          Repay/Prepay             42,795,000
                          7/1/2007                     625,000          Maturity          Repay/Prepay             42,170,000
                          7/1/2007                   2,065,000          Pro-rata          Repay/Prepay             40,105,000
                          1/1/2008                     585,000          Maturity          Repay/Prepay             39,520,000
                          1/1/2008                   1,385,000          Pro-rata          Repay/Prepay             38,135,000
                          7/1/2008                     570,000          Maturity          Repay/Prepay             37,565,000
                          7/1/2008                   1,275,000          Pro-rata          Repay/Prepay             36,290,000
                          1/1/2009                     555,000          Maturity          Repay/Prepay             35,735,000
                          1/1/2009                   1,675,000          Pro-rata          Repay/Prepay             34,060,000
  Bond Redemption History 1998B

                            Redemption                      Call                      Type of               Source of
                               Date                        Amount                      Call                   Funds              Balances
                                                                                                          Original Issue          $14,300,000
                              1/1/2000                             175,000            Pro-rata            Repay/Prepay             14,125,000
                              7/1/2000                              45,000            Pro-rata            Repay/Prepay             14,080,000
                              7/1/2001                             125,000            Pro-rata            Repay/Prepay             13,955,000
                              1/1/2002                             140,000            Pro-rata            Repay/Prepay             13,815,000
                              6/1/2002                              60,000            Pro-rata           Excess Reserve            13,755,000
                              6/1/2002                              40,000            Pro-rata           Unexp Proceeds            13,715,000
                              7/1/2002                             155,000            Pro-rata            Repay/Prepay             13,560,000
                              1/1/2003                             235,000            Pro-rata            Repay/Prepay             13,325,000
                              7/1/2003                             215,000            Pro-rata            Repay/Prepay             13,110,000
                              1/1/2004                             660,000            Pro-rata            Repay/Prepay             12,450,000
                              7/1/2004                             520,000            Pro-rata            Repay/Prepay             11,930,000
                              1/1/2005                           1,675,000            Pro-rata            Repay/Prepay             10,255,000
                              7/1/2005                           1,610,000            Pro-rata            Repay/Prepay               8,645,000
                              1/1/2006                             430,000            Pro-rata            Repay/Prepay               8,215,000
                              7/1/2006                              20,000            Pro-rata            Repay/Prepay               8,195,000
                              1/1/2007                             485,000            Pro-rata            Repay/Prepay               7,710,000
                              7/1/2007                             585,000            Pro-rata            Repay/Prepay               7,125,000
                              1/1/2008                             400,000            Pro-rata            Repay/Prepay               6,725,000
                              7/1/2008                             375,000            Pro-rata            Repay/Prepay               6,350,000
                              1/1/2009                             515,000            Pro-rata            Repay/Prepay               5,835,000

  Bond Redemption History 1999A

                            Redemption                      Call                      Type of               Source of
                               Date                        Amount                      Call                   Funds              Balances
                                                                                                          Original Issue          $25,615,000
                              1/1/2000                           2,035,000            Pro-rata            Repay/Prepay             23,580,000
                              7/1/2000                           1,500,000            Pro-rata            Repay/Prepay             22,080,000
                              1/1/2001                           1,395,000            Pro-rata            Repay/Prepay             20,685,000
                              7/1/2001                           1,190,000            Pro-rata            Repay/Prepay             19,495,000
                              1/1/2002                           1,280,000            Pro-rata            Repay/Prepay             18,215,000
                              6/1/2002                              80,000            Pro-rata           Excess Reserve            18,135,000
                              6/1/2002                              55,000            Pro-rata           Unexp Proceeds            18,080,000
                              7/1/2002                           1,710,000            Pro-rata            Repay/Prepay             16,370,000
                              1/1/2003                           1,415,000            Pro-rata            Repay/Prepay             14,955,000
                              7/1/2003                           2,355,000            Pro-rata            Repay/Prepay             12,600,000
                              1/1/2004                           1,785,000            Pro-rata            Repay/Prepay             10,815,000
                              7/1/2004                           1,085,000            Pro-rata            Repay/Prepay               9,730,000
                              1/1/2005                           1,095,000            Pro-rata            Repay/Prepay               8,635,000
                              7/1/2005                             850,000            Pro-rata            Repay/Prepay               7,785,000
                              1/1/2006                             755,000            Pro-rata            Repay/Prepay               7,030,000
                              7/1/2006                             315,000            Pro-rata            Repay/Prepay               6,715,000
                              1/1/2007                             500,000            Pro-rata            Repay/Prepay               6,215,000
                              7/1/2007                             350,000            Pro-rata            Repay/Prepay               5,865,000
                              1/1/2008                             605,000            Pro-rata            Repay/Prepay               5,260,000
                              7/1/2008                             285,000            Pro-rata            Repay/Prepay               4,975,000
                              7/1/2008                              90,000            Pro-rata            Sinking Fund               4,885,000
                              1/1/2009                             380,000            Pro-rata            Repay/Prepay               4,505,000
                              1/1/2009                              85,000            Pro-rata            Sinking Fund               4,420,000

MORTGAGES (Whole Loans):       For Program 1034 (Mortgage Loans transferred from 1987 Series A)

                                                                  Whole Loans
  Interest Rate                                                                                                         8.05%
  Bond Issue Original Amount                                                                                         $30,000,000
  Total Proceeds Utilized For Mortgage Loans                                                                         $25,038,498
  Original Loan Count                                                                                                    475
  Servicing Fee Retained                                                                                               0.375%
  Note:
  All loans are FHA loans. The Series 1987A Mortgage Loans are additionally secured by the Self-Insurance Fund in lieu of acquiring a
  mortgage pool insurance policy. These loans were transferred to the Series 1999A on July 1, 1999.
  Delinquency Statistics:
  (From RMRB 1987A Loans)                                                      TOTAL
                                                                   UPB                          Loan Count
                 Current                       $          568,813.55      62.55%        27                79.41%
                 30 Day                        $          190,181.32      20.91%         4                11.76%
                 60 Day                        $           83,659.09      9.20%          2                5.88%
                 90 Days +                     $           66,667.29      7.33%          1                2.94%
                 Foreclosure                   $                 -        0.00%          0                0.00%
                 Bankruptcy                    $           34,496.75      3.79%          1                2.94%
                   Total                       $          909,321.25     100.00%        34               100.00%

                 Total Delinquency             $          340,507.70     37.45%          7                   20.59%

MORTGAGES CERTIFICATES:
  (Mortgage Certificates transferred from 1987 Series D)
                                              Ginnie Mae Pool Numbers
      277293                  281860                     281868          281876        302279
      281853                  281861                     281870          281877        302291
      281854                  281863                     281871          295535        302292
      281856                  281865                     281872          295548        302293
      281857                  281866                     281873          295549

  For Program 1034
                                             Ginnie Mae Pool Numbers
      545395                547467                    557904
      545396                557883                    584702

                                             Fannie Mae Pool Numbers
      572356                581675

MORTGAGES (Certificated):   For Program 54

                                             Ginnie Mae Pool Numbers
      466263                513254                    526843             543542        545620
      469233                518835                    526987             545295        545651
      501737                522301                    532203             545333
      508131                522377                    532373             545395
      508245                526603                    532448             545451
      513173                526737                    540839             545534

                                             Fannie Mae Pool Numbers
      494854                513522                    529787             538930        562289
      503786                520249                    530436             543889
      508425                520494                    530932             544485
      508909                521327                    538546             554391
CURRENT INVESTMENT STATUS:


  Program 54 represent funds held under the 1998A and 1998B Bond structure and Program 1034 represent funds
                  held under the 1999A Bond structure which was a refunding of the 1987A and 1987D Bonds.

                                                      Investment                 Interest               Maturity         Amount
       Issue               Fund                           Type                     Rate                  Date          (Face Value)
  1998 A/B RMRB Escrow Fund                     Repurchase Agreement                         0.18           6/1/2009 $             -
                Revenue Fund                    Guarantd Inv Certificates                    5.04           1/1/2031 $    5,402,022.13
                                                Repurchase Agreement                         0.18           6/1/2009 $            9.10
                  Mortgage Reserve Fund         FNMA                                                                 $             -
                                                GNMA                                                                 $             -
                                                Guarantd Inv Certificates                   5.121           2/1/2001 $             -
                                                Repurchase Agreement                         5.25           2/1/2007 $             -
                  Debt Service Reserve Fund     FNMA                                                                 $             -
                                                GNMA                                                                 $             -
                                                Guarantd Inv Certificates                   5.121           2/1/2001 $             -
                                                Repurchase Agreement                         5.25           2/1/2007 $             -
                  Residual Fund                 Guarantd Inv Certificates                    5.04           1/1/2031 $    1,536,431.34
                                                Repurchase Agreement                         0.27           2/2/2009 $             -
                  Mortgage Loan Fund            FNMA                                                                 $    4,067,358.85
                                                GNMA                                                                 $ 38,536,756.11
                                                Guarantd Inv Certificates                   5.121           2/1/2001 $             -
                                                Repurchase Agreement                         5.25           2/1/2007 $             -
                  Self Insurance Fund           Repurchase Agreement                         5.25           2/1/2007 $             -
                  Special Mortgage Loan Fund    Repurchase Agreement                         0.18           6/1/2009 $    1,375,534.30
                  Expense Fund                  Repurchase Agreement                         0.27           2/2/2009 $             -
                  Cost of Issuance              Repurchase Agreement                         5.31           3/1/2007 $             -
                  2002A RMRB Buydown (59)       FNMA                                                                 $       16,565.03
                                                GNMA                                                                 $      206,956.65
  1998 A/B RMRB Total                                                                                                $ 51,141,633.51

  1999 A RMRB     Escrow Fund                   Treasury Bill                                4.24             7/1/1999 $             -
                  Mortgage Loan Fund            FNMA                                                                   $      203,901.87
                                                GNMA                                                                   $    3,231,251.72
                                                Guarantd Inv Certificates                   5.121             2/1/2001 $             -
                                                Repurchase Agreement                         5.25             2/1/2007 $             -
                Self Insurance Fund             Repurchase Agreement                         0.18             6/1/2009 $      401,199.23
                Cost of Issuance                Repurchase Agreement                         5.31             3/1/2007 $             -
  1999 A RMRB Total                                                                                                    $    3,836,352.82

        Total Invested Funds                                                                                          $    54,977,986.33

FEES:

                                                 1998A&B and 1999A
  Fee                                                     %                     Based On                  Paid
  Servicing Fee                                        0.500%                   Loan UPB                 Monthly


CONTACTS:

  Disclosure Manager:                           Trustee:                                            Loan Administrator:

  Mr. Edward Morris                             Ms. Johanna Kennelly                                Ms. Stephanie D'Couto
  TDHCA                                         Bank of New York - Mellon                           TDHCA
  P.O. Box 13941                                601 Travis, Floor 18                                P.O. Box 13941
  Austin, Texas 78711-3941                      Houston, TX 77002                                   Austin, Texas 78711-3941
  (512) 475-3329                                (713) 483-7017                                      (512) 475-3957
                                       Texas Department of Housing & Community Affairs
                                      Residential Mortgage Revenue Bond Indenture Profile
                                             1999 Series B-1, B-2, C, D RMRB (Program #550)
                                                           As of May 31, 2009

BONDS:

  Description:
                                                          Original                                      Taxable
                             Series                       Amount                Priced at                Basis                  Purpose
                            1999B-1               $            52,260,000       107.373%                 AMT                   New Money
                            1999B-2               $            50,000,000        100.00%                 AMT                New Money-COB
                             1999C                $            12,150,000        100.00%                 AMT                Commercial Paper
                             1999D                $            26,355,000        100.00%                 AMT             Rfnd 89 A&B Ginnie Mae
                              Total               $           140,765,000

                 The RMRB 1999 Series B-1, and B-2 were issued on December 2, 1999 for $52,260,000 and $50,000,000
                 respectively. The 1999B-1 Bonds are comprised of two Term Bonds, one due July 1, 2021 for $20,000,000 and
                 priced at 107.373% and one due July 1, 2032 for $32,260,000. The 1999B-2 Bonds are comprised of one Term
                 Bond due January 1, 2033 and priced at 100% with a Mandatory Tender Date of May 1, 2000.

                 The $12,150,000 refunded commercial paper notes issued under the RMRB 1999 Series C is comprised of one
                 Serial Bond for $2,045,000 due July 1, 2014, and one Term Bond for $10,105,000 due July 1, 2024.

                 The RMRB 1999 Series D Bonds are a series of economic refunding bonds that were issued on December 2,
                 1999 for $26,355,000. The refunding proceeds were used to redeem all of the outstanding 1989 Series A and
                 1989 Series B Ginnie Mae Collateralized Home Mortgage Revenue Bonds and transfer the outstanding Mortgage
                 Certificates to the RMRB 1999 Series D Bonds. The RMRB 1999 Series D Bonds are comprised of one
                 Serial Bond for $7,520,000 due July 1, 2014 and three Term Bonds. One Term Bond is for $8,195,000 due
                 July, 1, 2012, one is for $7,525,000 due July 1, 2020 and one is for $3,115,000 due July 1, 2021.

  Name of Primary Underwriter:
                M.R. Beal & Company

  Current Balances of Bonds Outstanding:

                 RMRB 1999B-1:

                                                        MATURITY               INTEREST               OUTSTANDING
                                                          DATE                  RATE (%)                BALANCE
                  Terms:
                                                          7/1/2021                7.100           $         5,170,000
                                                          7/1/2032                6.320           $        14,590,000
                                                 Total Term                                       $        19,760,000

                                                                            Total 1999B-1 Bonds                          $           19,760,000

                 RMRB 1999B-2:

                  Terms:                                 1/1/2023                  3.900                          0.00
                                                                            Total 1999B-2 Bonds                                            0.00
              RMRB 1999C:

                                              MATURITY                INTEREST            OUTSTANDING
                                                DATE                   RATE (%)             BALANCE
               Serials:
                                                7/1/2004                5.200         $                 -
                                                7/1/2005                5.300         $                 -
                                                7/1/2006                5.400         $                 -
                                                7/1/2007                5.500         $                 -
                                                7/1/2008                5.600         $                 -
                                                7/1/2009                5.700         $                 -
                                                7/1/2010                5.800         $                 -
                                                7/1/2011                5.900         $                 -
                                                7/1/2012                6.000         $                 -
                                                7/1/2013                6.100         $                 -
                                                7/1/2014                6.200         $                 -
                                       Total Serial                                   $                 -

               Terms:                          7/1/2024                  6.250      $             3,400,000
                                                                  Total 1999C Bonds                           $         3,400,000

              RMRB 1999D:

                                              MATURITY                INTEREST            OUTSTANDING
                                                DATE                   RATE (%)             BALANCE

               Serials:                         7/1/2003                5.050         $                 -
                                                7/1/2004                5.200         $                 -
                                                7/1/2005                5.300         $                 -
                                                    ****                 ****                  ****
                                                7/1/2013                6.100         $                 -
                                                7/1/2014                6.200         $                 -
                                       Total Serial                                   $                 -

               Terms:                           7/1/2012                6.000         $                 -
                                                7/1/2020                5.700         $                 -
                                                7/1/2021                6.250         $                 -
                                       Total Term                                     $                 -
                                                                  Total 1999D Bonds                           $               -


                                                                  Total 1999 B-1, B-2, C, and D Bonds         $        23,160,000


Bond Redemption History 1999B-1

                          Redemption             Call                  Type of               Source of
                             Date               Amount                  Call                   Funds              Balances
                                                                                           Original Issue     $        52,260,000
                           7/1/2000    $                335,000         Term               Pre/repymnts                51,925,000
                           1/1/2001    $                405,000         Term               Pre/repymnts                51,520,000
                           7/1/2001    $                510,000         Term               Pre/repymnts                51,010,000
                           1/1/2002    $                660,000         Term               Pre/repymnts                50,350,000
                           7/1/2002    $                830,000         Term               Pre/repymnts                49,520,000
                           1/1/2003    $                950,000         Term               Pre/repymnts                48,570,000
                           5/1/2003    $                 85,000         Term              Unexp Proceeds               48,485,000
                           7/1/2003    $              1,035,000         Term               Pre/repymnts                47,450,000
                           1/1/2004    $              4,505,000         Term               Pre/repymnts                42,945,000
                           7/1/2004    $              5,900,000         Term               Pre/repymnts                37,045,000
                           1/1/2005    $              3,740,000         Term               Pre/repymnts                33,305,000
                           7/1/2005    $              3,105,000         Term               Pre/repymnts                30,200,000
                           1/1/2006    $              2,725,000         Term               Pre/repymnts                27,475,000
                           7/1/2006    $              1,725,000         Term               Pre/repymnts                25,750,000
                           1/1/2007    $              1,540,000         Term               Pre/repymnts                24,210,000
                           7/1/2007    $              1,795,000         Term               Pre/repymnts                22,415,000
                           1/1/2008    $                865,000         Term               Pre/repymnts                21,550,000
                           7/1/2008    $                725,000         Term               Pre/repymnts                20,825,000
                           1/1/2009    $              1,065,000         Term               Pre/repymnts                19,760,000
  Bond Redemption History 1999B-2

                         Redemption                     Call                 Type of            Source of
                            Date                       Amount                 Call                Funds            Balances
                                                                                              Original Issue $          50,000,000
                          3/1/2000             $           50,000,000       Optional      Rfnd by RMRB 2000A $                   -

  Bond Redemption History 1999C

                         Redemption                     Call                 Type of            Source of
                            Date                       Amount                 Call                Funds            Balances
                                                                                              Original Issue   $        12,150,000
                          7/1/2003             $               90,000       Pro-rata          Pre/repymnts     $        12,060,000
                          7/1/2003             $               95,000       Maturity          Pre/repymnts     $        11,965,000
                          1/1/2004             $            5,260,000       Maturity          Pre/repymnts     $         6,705,000
                          7/1/2004             $            1,120,000       Maturity          Pre/repymnts     $         5,585,000
                          1/1/2005             $              620,000       Maturity          Pre/repymnts     $         4,965,000
                          7/1/2005             $              485,000       Maturity          Pre/repymnts     $         4,480,000
                          1/1/2006             $              410,000       Maturity          Pre/repymnts     $         4,070,000
                          7/1/2006             $              190,000       Maturity          Pre/repymnts     $         3,880,000
                          1/1/2007             $              155,000       Maturity          Pre/repymnts     $         3,725,000
                          7/1/2007             $              225,000       Maturity          Pre/repymnts     $         3,500,000
                          1/1/2008             $               15,000       Maturity          Pre/repymnts     $         3,485,000
                          1/1/2009             $               85,000       Maturity          Pre/repymnts     $         3,400,000

  Bond Redemption History 1999D

                         Redemption                     Call                 Type of            Source of
                            Date                       Amount                 Call                Funds            Balances
                                                                                              Original Issue   $        26,355,000
                          7/1/2000             $              295,000       Maturity          Pre/repymnts     $        26,060,000
                          7/1/2000             $              890,000       Pro-rata          Pre/repymnts     $        25,170,000
                          1/1/2001             $            1,250,000       Pro-rata          Pre/repymnts     $        23,920,000
                          7/1/2001             $              680,000       Maturity          Pre/repymnts     $        23,240,000
                          7/1/2001             $            1,130,000       Pro-rata          Pre/repymnts     $        22,110,000
                          1/1/2002             $            2,150,000       Pro-rata          Pre/repymnts     $        19,960,000
                          7/1/2002             $              600,000       Maturity          Pre/repymnts     $        19,360,000
                          7/1/2002             $            6,820,000       Pro-rata          Pre/repymnts     $        12,540,000
                          1/1/2003             $            5,365,000       Pro-rata          Pre/repymnts     $         7,175,000
                          7/1/2003             $              265,000       Maturity          Pre/repymnts     $         6,910,000
                          7/1/2003             $            6,535,000       Pro-rata          Pre/repymnts     $           375,000
                          1/1/2004             $              375,000       Pro-rata          Pre/repymnts     $                 -

MORTGAGES CERTIFICATES:     For Mortgage Certificates transferred from 1989 Series A/B Ginnie Mae

                                            Ginnie Mae Pool Numbers
     238886                277524                       281859               289701                 302280
     276575                279238                       281862               289722                 302283
     276992                279247                       281864               295529                 302427
     277000                279255                       281867               295536
     277031                279276                       281875               295545
     277518                281855                       281878               295550
     277520                281858                       289675               302270

MORTGAGE CERTIFICATES:     For Program 55

                                            Ginnie Mae Pool Numbers
     466268                543568                       557826               580912                 590719
     532157                545334                       557884               581318                 597050
     532222                545364                       557937               584586                 597180
     532332                545622                       558106               584703                 596868
     532374                545652                       571001               584830                 601193
     540675                547116                       571506               584896
     540840                547260                       571524               584977
     543498                547296                       571582               590563
     543543                547468                       571618               590627

                                            Fannie Mae Pool Numbers
     531001                543892                       562226               572360                 636748
     538548                551473                       562290               607086
     539006                554392                       562538               625239
CURRENT INVESTMENT STATUS:
  Program 55 represent funds held under the 1999B-1, B-2, C, and D Bond structure.

                                                    Investment                       Interest                 Maturity                Amount
       Issue                   Fund                     Type                           Rate                    Date                 (Face Value)
   1999 B-D RMRB Escrow Fund                  Repurchase Agreement                               0.18                6/1/2009   $                 -
                 Down Payment Assistance Fund Guarantd Inv Certificates                         6.291              8/15/2001    $                 -
                                              Repurchase Agreement                               0.18                6/1/2009   $                 -
                 Revenue Fund                 Guarantd Inv Certificates                           6.4                7/1/2032   $        2,375,257.21
                                              Repurchase Agreement                               0.18                6/1/2009   $                0.91
                 Bond Proceeds Fund           Guarantd Inv Certificates                           3.9                5/1/2000   $                 -
                 Residual Fund                Guarantd Inv Certificates                           6.4                7/1/2032   $        1,879,201.01
                                              Repurchase Agreement                               0.27                2/2/2009   $                 -
                 Mortgage Loan Fund           FNMA                                                                              $        2,170,091.28
                                              GNMA                                                                              $       19,228,034.11
                                              Guarantd Inv Certificates                         6.291              8/15/2001    $                 -
                                              Repurchase Agreement                               5.25               2/1/2007    $                 -
                 Expense Fund                 Repurchase Agreement                               0.18               6/1/2009    $              310.37
                 Cost of Issuance             Repurchase Agreement                               5.31               3/1/2007    $                 -
   1999 B-D RMRB Total                                                                                                          $       25,652,894.89


FEES:

                                                   1999B-1 and 1999C
   Fee                                                        %                      Based On                  Paid
   Servicing Fee                                           0.500%                    Loan UPB                 Monthly

CONTACTS:

   Disclosure Manager:                              Trustee:                                            Loan Administrator:

   Mr. Edward Morris                                Ms. Johanna Kennelly                                Ms. Stephanie D'Couto
   TDHCA                                            Bank of New York - Mellon                           TDHCA
   P.O. Box 13941                                   601 Travis, Floor 18                                P.O. Box 13941
   Austin, Texas 78711-3941                         Houston, TX 77002                                   Austin, Texas 78711-3941
   (512) 475-3329                                   (713) 483-7017                                      (512) 475-3957
                                           Texas Department of Housing & Community Affairs
                                          Residential Mortgage Revenue Bond Indenture Profile
                                                      2000 Series A RMRB (Program #551)
                                                              As of May 31, 2009

BONDS:
  Description:
                                                          Original                                     Taxable
                               Series                     Amount                Priced at               Basis                  Purpose
                               2000A              $            50,000,000       100.00%                 AMT            New Money-COB Conversion
                 The RMRB 2000 Series A were issued on May 1, 2000 for $50,000,000 and comprised of one Serial Bond, due
                 July 1, 2009 for $4,775,000 and four Term Bonds for $45,225,000. One Term Bond, due January 1, 2019 for
                 $6,385,000, one due July 1, 2019 for $2,000,000, another due January 1, 2031 for $12,320,000 and the final
                 Term Bond due July 1, 2031 for $24,520,000.

  Name of Primary Underwriter:
                M.R. Beal & Company

  Current Balances of Bonds Outstanding:

                 RMRB 2000A:
                                                        MATURITY               INTEREST             OUTSTANDING
                                                          DATE                  RATE (%)              BALANCE
                  Serials:
                                                          7/1/2009                5.700         $            120,000
                                                 Total Serial                                   $            120,000

                  Terms:                                  1/1/2019                6.200         $          2,850,000
                                                          7/1/2019                6.200         $            885,000
                                                          1/1/2031                5.750         $                -
                                                          7/1/2031                6.300         $         10,910,000
                                                 Total Term                                     $         14,645,000
                                                                            Total 2000A Bonds                          $              14,765,000

  Bond Redemption History 2000A

                             Redemption                    Call                  Type of              Source of
                                Date                      Amount                  Call                   Funds                 Balances
                                                                                                     Original Issue    $              50,000,000
                              7/1/2001                            225,000        Pro-rata            Pre\repymts                      49,775,000
                              1/1/2002                          1,290,000        Pro-rata            Pre\repymts                      48,485,000
                              7/1/2002                          2,275,000        Pro-rata            Pre\repymts                      46,210,000
                              1/1/2003                            260,000        Maturity            Pre\repymts                      45,950,000
                              1/1/2003                          3,315,000        Pro-rata            Pre\repymts                      42,635,000
                              5/1/2003                             30,000         Term              Unexp Proceeds                    42,605,000
                              7/1/2003                            245,000        Maturity            Pre\repymts                      42,360,000
                              7/1/2003                          3,695,000        Pro-rata            Pre\repymts                      38,665,000
                              1/1/2004                            230,000        Maturity            Pre\repymts                      38,435,000
                              1/1/2004                          5,455,000        Pro-rata            Pre\repymts                      32,980,000
                              7/1/2004                            185,000        Maturity            Pre\repymts                      32,795,000
                              7/1/2004                          5,040,000        Pro-rata            Pre\repymts                      27,755,000
                              1/1/2005                            165,000        Maturity            Pre\repymts                      27,590,000
                              1/1/2005                          2,775,000        Pro-rata            Pre\repymts                      24,815,000
                              7/1/2005                            160,000        Maturity            Pre\repymts                      24,655,000
                              7/1/2005                          2,925,000        Pro-rata            Pre\repymts                      21,730,000
                              1/1/2006                            140,000        Maturity            Pre\repymts                      21,590,000
                              1/1/2006                          1,750,000        Pro-rata            Pre\repymts                      19,840,000
                              7/1/2006                            130,000        Maturity            Pre\repymts                      19,710,000
                              7/1/2006                          1,300,000        Pro-rata            Pre\repymts                      18,410,000
                              1/1/2007                            130,000        Maturity            Pre\repymts                      18,280,000
                              1/1/2007                          1,005,000        Pro-rata            Pre\repymts                      17,275,000
                              7/1/2007                            125,000        Maturity            Pre\repymts                      17,150,000
                              7/1/2007                            820,000        Pro-rata            Pre\repymts                      16,330,000
                              1/1/2008                            125,000        Maturity            Pre\repymts                      16,205,000
                              1/1/2008                            565,000        Pro-rata            Pre\repymts                      15,640,000
                              7/1/2008                            120,000        Maturity            Pre\repymts                      15,520,000
                              7/1/2008                            215,000        Pro-rata            Pre\repymts                      15,305,000
                              1/1/2009                            120,000        Maturity            Pre\repymts                      15,185,000
                              1/1/2009                            420,000        Pro-rata            Pre\repymts                      14,765,000
MORTGAGES (Certificated):

                                             Ginnie Mae Pool Numbers
        466265                545653                     558105              581195                 590740
        540676                547117                     570885              581319                 590875
        540841                547181                     570944              584539                 596867
        543499                547261                     571000              584587                 597181
        543569                547297                     571507              584704                 597237
        545296                547415                     571525              584831                 600851
        545365                557827                     571583              584895                 601031
        545454                557885                     571619              584976                 601129
        545535                557938                     571668              590511                 601165
        545621                557995                     580913              590562                 607860

                                            Fannie Mae Pool Numbers
        543891                554945                    572484               607087
        551474                562225                    581887               617555
        554393                562539                    606842               636744


CURRENT INVESTMENT STATUS:


                                                    Investment              Interest                Maturity                Amount
       Issue                  Fund                      Type                  Rate                   Date                 (Face Value)
   2000 A RMRB   Rebate Fund                  Repurchase Agreement                     0.18                6/1/2009   $             51,358.86
                 Escrow Fund                  Repurchase Agreement                     0.18                6/1/2009   $                   -
                 Down Payment Assistance Fund Repurchase Agreement                     0.18                6/1/2009   $                   -
                 Revenue Fund                 Guarantd Inv Certificates                6.51                7/1/2031   $          1,213,849.21
                                              Repurchase Agreement                     0.18                6/1/2009   $            193,307.15
                 Residual Fund                Guarantd Inv Certificates                6.51                7/1/2031   $            313,768.53
                                              Repurchase Agreement                     0.18                6/1/2009   $                   -
                 Mortgage Loan Fund           FNMA                                                                    $          1,485,578.74
                                              GNMA                                                                    $         12,479,665.24
                                              Guarantd Inv Certificates                6.81               2/1/2002    $                   -
                                              Repurchase Agreement                     5.25               2/1/2007    $                   -
                 Expense Fund                 Repurchase Agreement                     0.18               6/1/2009    $                401.93
                 Cost of Issuance             Repurchase Agreement                     5.31               3/1/2007    $                   -
   2000 A RMRB Total                                                                                                  $         15,737,929.66

FEES:

                                                      2000A
   Fee                                                     %                Based On                 Paid
   Servicing Fee                                        0.500%              Loan UPB                Monthly


CONTACTS:

   Disclosure Manager:                          Trustee:                                      Loan Administrator:

   Mr. Edward Morris                            Ms. Johanna Kennelly                          Ms. Stephanie D'Couto
   TDHCA                                        Bank of New York - Mellon                     TDHCA
   P.O. Box 13941                               601 Travis, Floor 18                          P.O. Box 13941
   Austin, Texas 78711-3941                     Houston, TX 77002                             Austin, Texas 78711-3941
   (512) 475-3329                               (713) 483-7017                                (512) 475-3957
                                   Texas Department of Housing & Community Affairs
                                  Residential Mortgage Revenue Bond Indenture Profile
                                           2000 Series B, C, D, E RMRB (Program #56)
                                                       As of May 31, 2009

BONDS:

  Description:
                                                              Original                                Taxable
                                  Series                      Amount               Priced at           Basis            Purpose
                                  2000B               $            82,975,000      101.50%              AMT            New Money
                                  2000C               $            13,675,000      100.00%              AMT          Commercial Paper
                                  2000D               $            18,265,000      100.00%              AMT          Commercial Paper
                                  2000E               $            10,000,000      100.00%            Non-AMT          New Money

                     The RMRB 2000 Series B, C, D and E were issued on October 26, 2000 for $124,915,000. The 2000B
                     Term Bonds are due July 1, 2025 for $12,000,000, July 1, 2032 for $35,200,000, and one Premium Bond
                     due January 1, 2033 for $35,775,000 priced at 101.5%. The 2000C Term Bonds are due July 1, 2020
                     for $10,000,000 and January 1, 2025 for $3,675,000. The 2000D Serial Bonds totaled $16,215,000
                     and the 2000D Term Bonds are due January 1, 2020 for $2,050,000. The 2000E Term Bond are due
                     January 1, 2033 for $10,000,000.


  Name of Primary Underwriter:
                     George K. Baum & Company

  Current Balances of Bonds Outstanding:

                     RMRB 2000B:
                                                            MATURITY               INTEREST       OUTSTANDING
                                                              DATE                  RATE (%)        BALANCE

                       Term:                                 7/1/2025                 5.820      $     12,000,000
                                                             7/1/2032                 5.920      $     16,260,000
                                                             1/1/2033                 5.700      $     13,325,000
                                                                                Total 2000B Bonds                   $       41,585,000

                     RMRB 2000C:
                                                            MATURITY               INTEREST       OUTSTANDING
                                                              DATE                  RATE (%)        BALANCE

                       Term:                                 7/1/2020                 5.850      $      4,710,000
                                                             1/1/2025                 5.820      $      3,675,000
                                                                                Total 2000C Bonds                   $        8,385,000

                     RMRB 2000D:
                                                            MATURITY               INTEREST       OUTSTANDING
                                                              DATE                  RATE (%)        BALANCE
                       Serials:
                                                             7/1/2009                5.000        $       295,000
                                                             1/1/2010                5.100        $       305,000
                  RMRB 2000D:                     MATURITY               INTEREST      OUTSTANDING
                  Continued                          DATE                 RATE (%)       BALANCE
                                                   7/1/2010                5.100       $     315,000
                                                   1/1/2011                5.150       $     325,000
                                                   7/1/2011                5.150       $     335,000
                                                   1/1/2012                5.250       $     345,000
                                                   7/1/2012                5.250       $     355,000
                                                   1/1/2013                5.350       $     375,000
                                                   7/1/2013                5.350       $     390,000
                                                   1/1/2014                5.450       $     405,000
                                                   7/1/2014                5.450       $     415,000
                                                   1/1/2015                5.500       $     425,000
                                                   7/1/2015                5.500       $     430,000
                                           Total Serial                                $   4,715,000

                    Terms:                         1/1/2020                5.850       $           965,000
                                           Total Term                                  $           965,000
                                                                      Total 2000D Bonds                      $       5,680,000

                  RMRB 2000E:
                                                 MATURITY                INTEREST       OUTSTANDING
                                                   DATE                   RATE (%)        BALANCE

                    Term:                         1/1/2033                  7.450       $               -
                                                                      Total 2000E Bonds                      $             -


Bond Redemption History 2000B

                             Redemption             Call                   Type of         Source of
                                Date               Amount                   Call             Funds               Balances
                                                                                         Original Issue $           82,975,000
                              7/1/2001                     15,000           Term         Pre\repymts                82,960,000
                              1/1/2002                     45,000           Term         Pre\repymts                82,915,000
                              7/1/2002                    960,000           Term         Pre\repymts                81,955,000
                              1/1/2003                  1,530,000           Term         Pre\repymts                80,425,000
                              7/1/2003                  1,650,000           Term         Pre\repymts                78,775,000
                              1/1/2004                  4,060,000           Term         Pre\repymts                74,715,000
                              7/1/2004                  4,110,000           Term         Pre\repymts                70,605,000
                              1/1/2005                  3,805,000           Term         Pre\repymts                66,800,000
                              7/1/2005                  3,780,000           Term         Pre\repymts                63,020,000
                              1/1/2006                  4,570,000           Term         Pre\repymts                58,450,000
                              4/1/2006                    370,000           Term         Unexpended                 58,080,000
                              7/1/2006                  3,335,000           Term         Pre\repymts                54,745,000
                              1/1/2007                  2,910,000           Term         Pre\repymts                51,835,000
                              7/1/2007                  3,670,000           Term         Pre\repymts                48,165,000
                              1/1/2008                  2,420,000           Term         Pre\repymts                45,745,000
                              7/1/2008                    140,000           Term         Sinking Fund               45,605,000
                              7/1/2008                  1,270,000           Term         Pre\repymts                44,335,000
                             11/1/2008                  1,590,000           Term       Residual Revenue             42,745,000
                              1/1/2009                    125,000           Term         Pre\repymts                42,620,000
                              1/1/2009                  1,035,000           Term       Residual Revenue             41,585,000

Bond Redemption History 2000C

                             Redemption             Call                   Type of           Source of
                                Date               Amount                   Call                Funds            Balances
                                                                                            Original Issue   $      13,675,000
                                7/1/2001                      5,000         Term            Pre\repymts             13,670,000
                                1/1/2002                      5,000         Term            Pre\repymts             13,665,000
                                7/1/2002                    240,000         Term            Pre\repymts             13,425,000
                                1/1/2003                    375,000         Term            Pre\repymts             13,050,000
                                7/1/2003                    260,000         Term            Pre\repymts             12,790,000
Bond Redemption History 2000C (continued)

                            Redemption       Call             Type of        Source of
                                Date        Amount             Call           Funds             Balances
                              1/1/2004            1,015,000    Term        Pre\repymts             11,775,000
                              7/1/2004              870,000    Term        Pre\repymts             10,905,000
                              1/1/2005              920,000    Term        Pre\repymts              9,985,000
                              7/1/2005              405,000    Term        Pre\repymts              9,580,000
                              1/1/2006              495,000    Term        Pre\repymts              9,085,000
                              7/1/2006              170,000    Term        Pre\repymts              8,915,000
                              1/1/2007               70,000    Term        Pre\repymts              8,845,000
                              7/1/2007              315,000    Term        Pre\repymts              8,530,000
                             11/1/2008              145,000    Term      Residual Revenue           8,385,000

Bond Redemption History 2000D

                            Redemption       Call             Type of        Source of
                               Date         Amount             Call            Funds            Balances
                                                                           Original Issue $        18,265,000
                              1/1/2002               5,000     Term        Pre\repymts             18,260,000
                              7/1/2002             445,000    Pro-rata     Pre\repymts             17,815,000
                              1/1/2003             685,000    Pro-rata     Pre\repymts             17,130,000
                              7/1/2003             395,000    Maturity     Pre\repymts             16,735,000
                              7/1/2003             465,000    Pro-rata     Pre\repymts             16,270,000
                              1/1/2004             410,000    Maturity     Pre\repymts             15,860,000
                              1/1/2004           1,760,000    Pro-rata     Pre\repymts             14,100,000
                              7/1/2004             380,000    Maturity     Pre\repymts             13,720,000
                              7/1/2004           1,465,000    Pro-rata     Pre\repymts             12,255,000
                              1/1/2005             345,000    Maturity     Pre\repymts             11,910,000
                              1/1/2005           1,520,000    Pro-rata     Pre\repymts             10,390,000
                              7/1/2005             315,000    Maturity     Pre\repymts             10,075,000
                              7/1/2005             645,000    Pro-rata     Pre\repymts              9,430,000
                              1/1/2006             305,000    Maturity     Pre\repymts              9,125,000
                              1/1/2006             770,000    Pro-rata     Pre\repymts              8,355,000
                              7/1/2006             290,000    Maturity     Pre\repymts              8,065,000
                              7/1/2006             265,000    Pro-rata     Pre\repymts              7,800,000
                              1/1/2007             280,000    Maturity     Pre\repymts              7,520,000
                              1/1/2007             105,000    Pro-rata     Pre\repymts              7,415,000
                              7/1/2007             285,000    Maturity     Pre\repymts              7,130,000
                              7/1/2007             435,000    Pro-rata     Pre\repymts              6,695,000
                              1/1/2008             270,000    Maturity     Pre\repymts              6,425,000
                              7/1/2008             285,000    Maturity     Pre\repymts              6,140,000
                             11/1/2008             180,000    Pro-rata   Residual Revenue           5,960,000
                              1/1/2009             280,000    Maturity     Pre\repymts              5,680,000

Bond Redemption History 2000E

                            Redemption       Call             Type of      Source of
                               Date         Amount             Call           Funds             Balances
                                                                          Original Issue    $      10,000,000
                                1/1/2002           160,000     Term       Pre\repymts               9,840,000
                                7/1/2002           625,000     Term       Pre\repymts               9,215,000
                                1/1/2003         1,165,000     Term       Pre\repymts               8,050,000
                                7/1/2003         2,175,000     Term       Pre\repymts               5,875,000
                                1/1/2004         1,515,000     Term       Pre\repymts               4,360,000
                                7/1/2004         1,845,000     Term       Pre\repymts               2,515,000
                                1/1/2005         1,975,000     Term       Pre\repymts                 540,000
                                7/1/2005           540,000     Term       Pre\repymts                       0
MORTGAGES (Certificated):

                                           Ginnie Mae Pool Numbers
         547102                  558109                     597182     620692    630461**
         547103                  570886                     597238     620714    630479**
         547104                  570887                     597275     620736    630506**
         547197                  570888                     600795     620767    630540**
         547198                  571508                     600853     620784    630574**
         547199                  571509                     600896     620868    633829**
         547262                  571510                     600954     620913    633854**
         547263                  571574                     600992     622690    633906**
         547298                  571585                     601032    622750**   633918**
         547299                  571586                     601046     622751    633954**
         547326                  571669                     601069    622781**   633988**
         547327                  571670                     601130     622782    634024**
         547416                  580914                     601166    622804**   634052**
         547417                  581320                     601257     622805    634090**
         547418                  584543                     607861    622863**   634110**
         547469                  584588                     607899     622864    634144**
         547470                  584705                     607991    622884**   634185**
         557774                  584832                     608031    622914**   634200**
         557775                  584897                     608070    622947**   637186**
         557776                  584975                     608115    622969**   637234**
         557828                  584978                     611632    625694**   637451**
         557829                  590512                     611653    625708**   637525**
         557830                  590564                     611687    625729**   637553**
         557886                  590585                     611713    625774**   637656**
         557887                  590628                     611737    628154**   639948**
         557888                  590690                     611767     628162    640742**
         557906                  590741                     611803    628347**   643136**
         557907                  590814                     611840    628361**   646948**
         557908                  590843                     614663    630214**   649556**
         557939                  590876                     614706    630232**   649622**
         557940                  590916                     614748    630249**   650650**
         557941                  590987                     614760    630283**   650804**
         557996                  596869                     614791    630318**   652365**
         557997                  596929                     614826    630342**
         557998                  596986                     614845    630370**
         558107                  597051                     614875    630394**
         558108                  597122                     614917    630434**

                                           Fannie Mae Pool Numbers
          562650                   607088                   699989    765967**   800073**
          572361                   617556                   726280    775812**   809636**
          580934                   645961                   733751    779635**   821685**
          581337                   651743                   739152    786652**   843999**
          581888                   661561                   754200    790654**   865125**
          587242                   666691                  758913**   794713**
   **Contained in the 2000 BCDE RMRB Buydown 56 Fund
CURRENT INVESTMENT STATUS:


                                                          Investment            Interest               Maturity             Amount
        Issue                       Fund                     Type                 Rate                  Date              (Face Value)
  2000 BCDE RMRB        Rebate Fund                 Repurchase Agreement                    0.18           6/1/2009   $        253,254.67
                        Service Release Premium     Repurchase Agreement                    0.18           6/1/2009   $        583,383.76
                        Revenue Fund                Investment Agreement                    6.22        12/31/2032    $                -
                                                    Repurchase Agreement                    0.18           6/1/2009   $      3,599,537.57
                        Buy Down Program            Investment Agreement                    2.48          1/31/2006   $                -
                                                    Repurchase Agreement                    5.25           2/1/2007   $                -
                        Redemption Fund             Investment Agreement                    6.22        12/31/2032    $                -
                                                    Repurchase Agreement                    0.18           6/1/2009   $          1,228.19
                        Residual Fund               Investment Agreement                    6.22        12/31/2032    $                -
                                                    Repurchase Agreement                    0.18           6/1/2009   $        197,069.93
                        Mortgage Loan Fund          FNMA                                                              $      5,526,269.75
                                                    GNMA                                                              $     49,060,965.51
                                                    Investment Agreement                    2.48          1/31/2006   $                -
                                                                                           6.731           4/1/2004   $                -
                                                    Repurchase Agreement                    0.27           2/2/2009   $                -
                        Expense Fund                Repurchase Agreement                    0.18           6/1/2009   $          1,957.32
                        Cost of Issuance            Repurchase Agreement                    5.31           3/1/2007   $                -
                        2000 BCDE RMRB Buydown 56   FNMA                                                              $         92,849.69
                                                    GNMA                                                              $        765,834.78
  2000 BCDE RMRB Total                                                                                                $     60,082,351.17

FEES:

                                                    2000B-E
  Fee                                                             %             Based On                Paid
  Servicing Fee                                                0.500%           Loan UPB               Monthly

CONTACTS:

  Disclosure Manager:                               Trustee:                                       Loan Administrator:

  Mr. Edward Morris                                 Ms. Johanna Kennelly                           Ms. Stephanie D'Couto
  TDHCA                                             Bank of New York - Mellon                      TDHCA
  P.O. Box 13941                                    601 Travis, Floor 18                           P.O. Box 13941
  Austin, Texas 78711-3941                          Houston, TX 77002                              Austin, Texas 78711-3941
  (512) 475-3329                                    (713) 483-7017                                 (512) 475-3957
                                 Texas Department of Housing & Community Affairs
                                Residential Mortgage Revenue Bond Indenture Profile
                                          2001 Series A, B, C, D, E RMRB (Program #57)
                                                       As of May 31, 2009

BONDS:

 Description:
                                                         Original                                Taxable
                             Series                      Amount               Priced at           Basis                Purpose
                             2001A               $            52,715,000      100.00%              AMT                New Money
                             2001B               $            15,585,000      100.00%*             AMT             Commercial Paper
                             2001C               $            32,225,000      100.00%            Non-AMT           1988A/1989A Rfdg
                             2001D               $               300,000      100.00%              AMT                New Money
                             2001E               $            54,300,000      100.00%              AMT                   COB

                 The RMRB 2001 Series A, B, C, and D, E were issued on October 30, 2001 for $155,125,000 under 2 tax plans.
                 Series A is comprised of $2,495,000 Serial Bonds; $18,400,000 Premium PAC Bonds due January 1, 2033
                 priced at 107%*; $5,000,000 Term Bonds due January 1, 2033 and $26,820,000 Term Bonds due July 1, 2033.
                 Series B includes $6,370,000 Term Bonds due July 1, 2016 and $9,215,000 Term Bonds due July 1, 2022.
                 Series C includes $23,940,000 in Serial Bonds and $8,285,000 Super-Sinker Term Bonds. Series D is
                 comprised of $300,000 Term Bonds due July 1, 2033 and the Series E includes $54,300,000 Term Bonds due
                 January 1, 2034, however the Series E Bonds are subject to mandatory redemption, at par, as a whole,
                 on July 1, 2002.


 Name of Primary Underwriter:
                 Salomon Smith Barney

 Current Balances of Bonds Outstanding:

                 RMRB 2001A:
                                                       MATURITY               INTEREST         OUTSTANDING
                                                         DATE                  RATE (%)          BALANCE
                  Serials:
                                                        1/1/2010                4.450        $       300,000
                                                Total Serial                                 $       300,000

                   Premium PAC:                          1/1/2033               5.700        $     4,020,000

                  Term:                                 1/1/2033                5.350        $     3,665,000
                                                        7/1/2033                5.350        $    19,680,000
                                                Total Term                                   $    23,345,000

                                                                           Total 2001A Bonds                   $          27,665,000
               RMRB 2001B:
                                              MATURITY              INTEREST       OUTSTANDING
                                                DATE                 RATE (%)        BALANCE

                Term:                          7/1/2016                5.000      $     4,665,000
                                               7/1/2022                5.250      $     6,765,000
                                                                 Total 2001B Bonds                  $       11,430,000

               RMRB 2001C:
                                              MATURITY              INTEREST       OUTSTANDING
                                                DATE                 RATE (%)        BALANCE
                Serials:
                                                1/1/2010              4.200       $     1,030,000
                                                1/1/2011              4.300       $     1,065,000
                                                1/1/2012              4.400       $     1,120,000
                                        Total Serial                              $     3,215,000

                 Super Sinker Term             7/1/2015                4.625      $     3,185,000
                                                                 Total 2001C Bonds                  $        6,400,000

               RMRB 2001D:
                                              MATURITY              INTEREST       OUTSTANDING
                                                DATE                 RATE (%)        BALANCE

                Term:                          7/1/2033                5.350      $      230,000
                                                                 Total 2001D Bonds                  $              -

               RMRB 2001E:
                                              MATURITY              INTEREST       OUTSTANDING
                                                DATE                 RATE (%)        BALANCE

                Term:                          1/1/2034                2.200       $          -
                                                                 Total 2001E Bonds                  $              -

Bond Redemption History 2001A

                           Redemption            Call                 Type of        Source of
                              Date              Amount                 Call            Funds            Balances
                                                                                   Original Issue  $        52,715,000
                             1/1/03                    535,000       Pro-rata      Repay/prepay             52,180,000
                             7/1/03                    930,000       Pro-rata      Repay/prepay             51,250,000
                             1/1/04                    285,000       Pro-rata         Maturity              50,965,000
                             1/1/04                  1,740,000       Pro-rata      Repay/prepay             49,225,000
                             7/1/04                    395,000       Pro-rata         Maturity              48,830,000
                             7/1/04                  1,480,000       Pro-rata      Repay/prepay             47,350,000
                             7/1/04                    805,000       Pro-rata     Unexp Proceeds            46,545,000
                             1/1/05                    395,000       Pro-rata         Maturity              46,150,000
                             1/1/05                  2,750,000       Pro-rata      Repay/prepay             43,400,000
                             7/1/05                    370,000       Pro-rata         Maturity              43,030,000
                             7/1/05                  2,435,000       Pro-rata      Repay/prepay             40,595,000
                             1/1/06                    370,000       Pro-rata         Maturity              40,225,000
                             1/1/06                  1,795,000       Pro-rata      Repay/prepay             38,430,000
                            71/106                     325,000       Pro-rata         Maturity              38,105,000
                            7/1/06                   1,380,000       Pro-rata      Repay/prepay             36,725,000
                            1/1/07                     375,000       Pro-rata         Maturity              36,350,000
                            1/1/07                   1,220,000       Pro-rata      Repay/prepay             35,130,000
                            7/1/07                     275,000       Pro-rata         Maturity              34,855,000
                            7/1/07                   1,355,000       Pro-rata      Repay/prepay             33,500,000
                            1/1/07                     380,000       Pro-rata         Maturity              33,120,000
                            1/1/07                   1,380,000       Pro-rata      Repay/prepay             31,740,000
                            7/1/07                     210,000       Pro-rata         Maturity              31,530,000
                            7/1/07                     850,000       Pro-rata      Repay/prepay             30,680,000
                            11/1/08                  1,835,000       Pro-rata    Residual Revenues          28,845,000
                             1/1/09                    355,000       Pro-rata         Maturity              28,490,000
                             1/1/09                    825,000       Pro-rata      Repay/prepay             27,665,000
Bond Redemption History 2001B

                        Redemption    Call                 Type of        Source of
                           Date      Amount                 Call             Funds            Balances
                                                                         Original Issue   $       15,585,000
                          1/1/03              180,000     Pro-rata       Repay/prepay             15,405,000
                          7/1/03              340,000     Pro-rata       Repay/prepay             15,065,000
                          1/1/04              495,000     Pro-rata       Repay/prepay             14,570,000
                          7/1/04              645,000     Pro-rata       Repay/prepay             13,925,000
                          1/1/05              705,000     Pro-rata       Repay/prepay             13,220,000
                          7/1/05              540,000     Pro-rata       Repay/prepay             12,680,000
                          1/1/06              230,000     Pro-rata       Repay/prepay             12,450,000
                          7/1/06               60,000     Pro-rata       Repay/prepay             12,390,000
                          1/1/07                5,000     Pro-rata       Repay/prepay             12,385,000
                          7/1/07               85,000     Pro-rata       Repay/prepay             12,300,000
                          1/1/08              120,000     Pro-rata       Repay/prepay             12,180,000
                          11/1/08             750,000 Residual Revenue   Repay/prepay             11,430,000

Bond Redemption History 2001C

                        Redemption    Call                 Type of        Source of
                           Date      Amount                 Call             Funds            Balances
                                                                         Original Issue   $       32,225,000
                          1/1/03          1,795,000       Maturity       Repay/prepay             30,430,000
                          1/1/03          1,685,000       Pro-rata       Repay/prepay             28,745,000
                          7/1/03          2,120,000       Pro-rata       Repay/prepay             26,625,000
                          1/1/04          1,820,000       Maturity       Repay/prepay             24,805,000
                          1/1/04          3,095,000       Pro-rata       Repay/prepay             21,710,000
                          7/1/04          2,170,000       Pro-rata       Repay/prepay             19,540,000
                          1/1/05          1,480,000       Maturity       Repay/prepay             18,060,000
                          1/1/05          1,640,000       Pro-rata       Repay/prepay             16,420,000
                          7/1/05          1,575,000       Pro-rata       Repay/prepay             14,845,000
                          1/1/06          1,270,000       Maturity       Repay/prepay             13,575,000
                          1/1/06          1,055,000       Pro-rata       Repay/prepay             12,520,000
                          7/1/06            700,000       Pro-rata       Repay/prepay             11,820,000
                          1/1/07          1,145,000       Maturity       Repay/prepay             10,675,000
                          1/1/07            460,000       Pro-rata       Repay/prepay             10,215,000
                          7/1/07            525,000       Pro-rata       Repay/prepay              9,690,000
                          1/1/08          1,095,000       Maturity       Repay/prepay              8,595,000
                          1/1/08            445,000       Pro-rata       Repay/prepay              8,150,000
                          7/1/08            175,000       Maturity       Repay/prepay              7,975,000
                          7/1/08            230,000       Pro-rata       Repay/prepay              7,745,000
                          1/1/09          1,025,000       Maturity       Repay/prepay              6,720,000
                          1/1/09            320,000       Pro-rata       Repay/prepay              6,400,000

Bond Redemption History 2001D

                        Redemption    Call                Type of         Source of
                           Date      Amount                Call              Funds            Balances
                                                                         Original Issue   $          300,000
                          7/1/03               65,000     Pro-rata       Repay/prepay                235,000
                          7/1/08                5,000      Maturity      Repay/prepay                230,000
                          11/1/08             230,000 Residual Revenue   Repay/prepay                      -

Bond Redemption History 2001E

                        Redemption    Call                Type of          Source of
                           Date      Amount                Call              Funds            Balances
                                                                         Original Issue   $       54,300,000
                          7/1/02         54,300,000         Term         Bond proceeds                     -
MORTGAGES (Certificated):

                 (Mortgage Certificates transferred from 1988 Series A)

                                                            Ginnie Mae Pool Numbers
                            281880                      281892              281907           295531   302285
                            281881                      281895              281908           295537   302288
                            281883                      281896              281911           295538   302289
                            281884                      281899              295524           295539   302290
                            281887                      281900              295525           295546   311091
                            281888                      281903              295528           302271   311094
                            281891                      281904              295530           302272

                 (Mortgage Certificates transferred from 1989 Series A & B)

                                                            Ginnie Mae Pool Numbers
                            220387                      281889              281902           295540   302282
                            281885                      281890              281905           295541   302286
                            281912                      281893              281906           295547   302287
                            295532                      281894              281909           295551   311093
                            295533                      281897              281910           295552
                            311092                      281898              295526           302274
                            281886                      281901              295527           302275

                 For Program 57

                                                      Ginnie Mae Pool Numbers - Program 57
                            581321                      590629             597053            601167   614707
                            581322                      590630             597123            601168   614761
                            584541                      590691             597124            601194   614792
                            584542                      590692             597183            601195   614827
                            584589                      590742             597184            601258   614846
                            584590                      590743             597239            601259   614876
                            584706                      590780             597240            607862   620715
                            584707                      590781             597276            607900   620869
                            584708                      590815             597277            607901   622752
                            584833                      590816             600796            607950   622865
                            584834                      590844             600797            607992   622880
                            584835                      590845             600854            607995   622911
                            584898                      590877             600855            608032   622913
                            584899                      590878             600897            608071   622948
                            584900                      590917             600942            608119   625732
                            584901                      590918             600956            611654   625775
                            584972                      590988             600993            611688   625776
                            584973                      590989             600994            611689   628155
                            584974                      596870             601033            611717   628187
                            590513                      596930             601047            611738   628308
                            590514                      596931             601048            611768   628310
                            590565                      596987             601070            611804   630247
                            590566                      596988             601131            611841   630282
                            590587                      597052             601132            614664

                                                      Fannie Mae Pool Numbers - Program 57
                            641956                      651642             682950          754201
                            645494                      661720             730630          766615
                            645960                      661960             742890          774855
CURRENT INVESTMENT STATUS:

                                                      Investment            Interest               Maturity             Amount
       Issue               Fund                          Type                 Rate                  Date              (Face Value)
  1989 A&B RMRB Revenue Fund                    Guarantd Inv Certificates              7.875           7/1/2018 $                   -
                                                Repurchase Agreement                    0.18           6/1/2009 $              2,722.20
                   Redemption Fund              Repurchase Agreement                    5.25           2/1/2007 $                   -
                   Residual Fund                Guarantd Inv Certificates                  0                N/A $                   -
                                                                                       7.875           7/1/2018 $                   -
                                                Repurchase Agreement                    0.27           2/2/2009 $                   -
                Mortgage Loan Fund              GNMA                                                            $                   -
                Expense Fund                    Repurchase Agreement                    5.25           2/1/2007 $                   -
                Escrow Fund                     Repurchase Agreement                    5.31           3/1/2007 $                   -
  1989 A&B RMRB Total                                                                                           $              2,722.20

  2001 A-E RMRB Rebate Fund                  Repurchase Agreement                       0.18           6/1/2009   $            5,028.88
                Service Release Premium      Repurchase Agreement                       0.18           6/1/2009   $              400.15
                Down Payment Assistance Fund Guarantd Inv Certificates                  2.54          4/29/2003   $                 -
                                             Repurchase Agreement                       0.18           6/1/2009   $                 -
                Revenue Fund                 Guarantd Inv Certificates                  4.71           7/1/2033   $                 -
                                             Repurchase Agreement                       0.18           6/1/2009   $        3,050,139.21
                                                                                        5.25           2/1/2007   $                 -
                   Subaccount                   Guarantd Inv Certificates              2.435           7/1/2002   $                 -
                   Interest Fund                Guarantd Inv Certificates               4.71           7/1/2033   $                 -
                                                Repurchase Agreement                    5.25           2/1/2007   $                 -
                   Residual Fund                Guarantd Inv Certificates               4.71           7/1/2033   $                 -
                                                Repurchase Agreement                    0.18           6/1/2009   $          406,455.61
                                                                                        0.27           2/2/2009   $                 -
                   Mortgage Loan Fund       FNMA                                                                  $        1,485,006.75
                                            GNMA                                                                  $       36,330,620.72
                                            Guarantd Inv Certificates                   2.54          4/29/2003   $                 -
                                            Repurchase Agreement                        5.25           2/1/2007   $                 -
                 Special Mortgage Loan Fund Guarantd Inv Certificates                   2.54          4/29/2003   $                 -
                                            Repurchase Agreement                        0.27           2/2/2009   $                 -
                 Expense Fund               Repurchase Agreement                        0.18           6/1/2009   $              679.78
                 Escrow Fund                Treasury Note                              5.875         11/30/2001   $                 -
                 Cost of Issuance           Repurchase Agreement                        5.31           3/1/2007   $                 -
                 2001ABC RMRB Buydown (59) FNMA                                                                   $          176,550.77
                                            GNMA                                                                  $        2,745,742.24
  2001 A-E RMRB Total                                                                                             $       44,200,624.11

        Total Invested Funds                                                                                      $       44,203,346.31

FEES:

                                                 2001A-E
  Fee                                                         %             Based On                Paid
  Servicing Fee                                            0.500%           Loan UPB               Monthly

CONTACTS:

  Disclosure Manager:                           Trustee:                                       Loan Administrator:

  Mr. Edward Morris                             Ms. Johanna Kennelly                           Ms. Stephanie D'Couto
  TDHCA                                         Bank of New York - Mellon                      TDHCA
  P.O. Box 13941                                601 Travis, Floor 18                           P.O. Box 13941
  Austin, Texas 78711-3941                      Houston, TX 77002                              Austin, Texas 78711-3941
  (512) 475-3329                                (713) 483-7017                                 (512) 475-3957
                                     Texas Department of Housing & Community Affairs
                                    Residential Mortgage Revenue Bond Indenture Profile
                                                  2002 Series A / B RMRB (Program #59)
                                                            As of May 31, 2009

BONDS:

  Description:
                                                             Original                                 Taxable
                               Series                        Amount                Priced at           Basis                Purpose
                               2002A                 $            42,310,000       100.00%             AMT                 New Money
                               2002B                 $            74,655,000       100.00%             AMT                   COB

                 The RMRB 2002 Series A and B were issued on December 18, 2002 for $116,965,000 under 2 tax plans.
                 Series A is comprised of $2,405,000 Serial Bonds; $985,000 Term Bonds due January 1, 2022, $3,125,000
                 Term Bonds due July 1, 2022, $14,895,000 Premium PAC Term Bond due Janaury 1, 2025 priced at 105.351%,
                 $10,025,000 Term Bonds due July 1, 2033 and $10,875,000 due January 1, 2034. Series B is one Term Bond
                 for $74,655,000 due July 1, 2034 with a special mandatory redemption at par on or after April 1, 2003 but not
                 later than October 1, 2003.

  Name of Primary Underwriter:
              Bear, Stearns & Co. Inc.

  Current Balances of Bonds Outstanding:

                 RMRB 2002A:
                                                            MATURITY              INTEREST         OUTSTANDING
                                                              DATE                 RATE (%)          BALANCE
                  Serial:
                                                             7/1/2009               3.900         $       125,000
                                                             1/1/2010               4.150         $       125,000
                                                             7/1/2010               4.150         $       125,000
                                                             1/1/2011               4.350         $       130,000
                                                             7/1/2011               4.350         $       130,000
                                                             1/1/2012               4.500         $       135,000
                                                             7/1/2012               4.500         $       135,000
                                                     Total Serial                                 $       905,000

                  Term:                                      1/1/2022               5.250         $       865,000

                  Term:                                      7/1/2022               5.250         $      2,760,000

                  Premium PAC:                               1/1/2025               5.200         $      4,805,000

                  Term:                                      7/1/2033               5.350         $      8,840,000

                  Term:                                      1/1/2034               5.350         $      9,595,000

                                                                               Total 2002A Bonds                     $           27,770,000

                 RMRB 2002B:
                                                           MATURITY               INTEREST         OUTSTANDING
                                                             DATE                  RATE (%)          BALANCE

                  Term:                                      1/1/2035               1.250         $             -

                                                                               Total 2002B Bonds                     $                  -
Bond Redemption History 2002A

                     Redemption    Call              Type of         Source of
                        Date      Amount              Call              Funds            Balances
                                                                    Original Issue   $        42,310,000
                       07/01/03           5,000       Term          Repay/prepay              42,305,000
                       01/01/04         110,000      Maturity       Repay/prepay              42,195,000
                       01/01/04         135,000       Term          Repay/prepay              42,060,000
                       05/01/04         220,000       Term          Repay/prepay              41,840,000
                       07/01/04         115,000      Maturity       Repay/prepay              41,725,000
                       07/01/04         340,000       Term          Repay/prepay              41,385,000
                       01/01/05         115,000      Maturity       Repay/prepay              41,270,000
                       01/01/05         795,000       Term          Repay/prepay              40,475,000
                       07/01/05         120,000      Maturity       Repay/prepay              40,355,000
                       07/01/05       1,295,000       Term          Repay/prepay              39,060,000
                       01/01/06         120,000      Maturity       Repay/prepay              38,940,000
                       01/01/06       1,950,000       Term          Repay/prepay              36,990,000
                       06/01/06       1,195,000       Term          Unexpended                35,795,000
                       07/01/06         120,000      Maturity       Repay/prepay              35,675,000
                       07/01/06       1,495,000       Term          Repay/prepay              34,180,000
                       01/01/07         115,000      Maturity       Repay/prepay              34,065,000
                       01/01/07       1,130,000       Term          Repay/prepay              32,935,000
                       07/01/07         115,000      Maturity       Repay/prepay              32,820,000
                       07/01/07       1,350,000       Term          Repay/prepay              31,470,000
                       01/01/08         120,000      Maturity       Repay/prepay              31,350,000
                       01/01/08       1,225,000       Term          Repay/prepay              30,125,000
                       01/01/08         145,000 Sinking Funf Mat.   Repay/prepay              29,980,000
                       07/01/08         125,000       Term          Repay/prepay              29,855,000
                       07/01/08         690,000 Sinking Funf Mat.   Repay/prepay              29,165,000
                       01/01/09         245,000 Sinking Funf Mat.   Repay/prepay              28,920,000
                       01/01/09       1,150,000       Term          Repay/prepay              27,770,000


Bond Redemption History 2002B

                     Redemption    Call              Type of         Source of
                        Date      Amount              Call              Funds            Balances
                                                                    Original Issue   $        74,655,000
                       08/21/03      74,655,000      Pro-rata       Repay/prepay                       0
MORTGAGES (Certificated):
               For Program 59
                                        Ginnie Mae Pool Numbers
                            607952   614763              622912   630368   639993
                            607998   614795              622946   630369   640048
                            608035   614829              622949   630402   640078
                            608036   614830              622970   630463   640796
                            608075   614848              622972   630478   643094
                            608076   614877              625695   630573   643138
                            608117   614878              625696   633828   645079
                            608118   614918              625709   633858   645084
                            611636   614919              625730   633901   645151
                            611656   620693              625773   633951   649618
                            611657   620717              625789   633952   646947
                            611693   620739              628153   633989   646990
                            611715   620770              628156   633990   647120
                            611716   620771              628184   634022   649689
                            611740   620785              628185   634055   649690
                            611741   620786              628245   634094   650524
                            611770   620880              628246   634108   650615
                            611771   620881              628305   634183   650651
                            611808   622692              628306   634202   650757
                            611809   622783              628344   637184   650809
                            611843   622784              628355   637185   650865
                            611844   622807              630212   637452   652247
                            614667   622808              630217   637510   652260
                            614668   622866              630248   637524   652454
                            614709   622867              630316   637531   654083
                            614710   622881              630317   637556   654143
                            614749   622888              630350   639979   654167
                            614762   622909              630352   639982


                                        Fannie Mae Pool Numbers
                            708778   766616              800074   844259   872270
                            742892   774856              814962   848554
                            754202   790949              826554   848557
                            759568   794714              826558   872269
CURRENT INVESTMENT STATUS:
                                                 Investment            Interest              Maturity             Amount
     Issue                Fund                      Type                 Rate                 Date              (Face Value)
  2002 RMRB Service Release Premium        Repurchase Agreement                   0.18           6/1/2009   $                0.15
            Down Payment Assistance Fund   Guarantd Inv Certificates              1.63           8/1/2004   $                 -
                                           Repurchase Agreement                   0.18           6/1/2009   $                 -
                  Revenue Fund             Guarantd Inv Certificates               4.2           4/1/2034   $        1,675,908.97
                                           Repurchase Agreement                   0.18           6/1/2009   $                1.66
                  Subaccount               Guarantd Inv Certificates              1.31          10/1/2003   $                 -
                  Interest Fund            Guarantd Inv Certificates              1.63           8/1/2004   $                 -
                                           Mutual Fund                            4.88           2/1/2007   $                 -
                                           Repurchase Agreement                   5.25           2/1/2007   $                 -
                  Redemption Fund          Mutual Fund                            4.88           2/1/2007   $                 -
                  Residual Fund            Guarantd Inv Certificates               4.2           4/1/2034   $                9.92
                                           Repurchase Agreement                   0.27           2/2/2009   $                 -
                  Mortgage Loan Fund       FNMA                                                             $        1,578,587.78
                                           GNMA                                                             $       24,369,153.57
                                           Guarantd Inv Certificates              1.63           8/1/2004   $                 -
                                           Repurchase Agreement                   5.25           2/1/2007   $                 -
             Expense Fund                  Repurchase Agreement                   0.18           6/1/2009   $            6,096.32
             Cost of Issuance              Repurchase Agreement                   5.31           3/1/2007   $                 -
  2002 RMRB Total                                                                                           $       27,629,758.37

FEES:

                                             2002AB
  Fee                                                    %             Based On               Paid
  Servicing Fee                                       0.500%           Loan UPB              Monthly


CONTACTS:

  Disclosure Manager:                      Trustee:                                      Loan Administrator:

  Mr. Edward Morris                        Ms. Johanna Kennelly                          Ms. Stephanie D'Couto
  TDHCA                                    Bank of New York - Mellon                     TDHCA
  P.O. Box 13941                           601 Travis, Floor 18                          P.O. Box 13941
  Austin, Texas 78711-3941                 Houston, TX 77002                             Austin, Texas 78711-3941
  (512) 475-3329                           (713) 483-7017                                (512) 475-3957
                                    Texas Department of Housing & Community Affairs
                                   Residential Mortgage Revenue Bond Indenture Profile
                                                2003 Series A RMRB (Program #59A)
                                                         As of May 31, 2009

BONDS:

  Description:
                                                             Original                                 Taxable
                               Series                        Amount                Priced at           Basis              Purpose
                               2003A                $              73,630,000      100.00%             AMT               New Money

                  The RMRB 2003 Series A was issued on August 20, 2003 for $73,630,000. Series A is comprised
                  of $5,985,000 Serial Bonds; $10,095,000 Term Bonds due July 1, 2023, $17,475,000 Premium PAC
                  Term Bond due Janaury 1, 2025 priced at 105.842%, and $40,075,000 Term Bonds due July 1, 2034.

  Name of Primary Underwriter:
                 Bear, Stearns & Co. Inc.

  Current Balances of Bonds Outstanding:

                  RMRB 2003A:
                                                           MATURITY                INTEREST         OUTSTANDING
                                                             DATE                   RATE (%)          BALANCE
                   Serial:
                                                             1/1/2010                3.500      $          650,000
                                                             1/1/2011                3.750      $          665,000
                                                             1/1/2012                3.900      $          675,000
                                                             1/1/2013                4.000      $          685,000

                                                   Total Serial                                 $        2,675,000

                   Term:                                     7/1/2023                4.850      $        9,720,000

                   Premium PAC:                              1/1/2025                4.750      $        5,450,000

                   Term:                                     7/1/2034                5.000      $      38,590,000

                                                                                Total 2003A Bonds                    $       56,435,000

  Bond Redemption History 2003A

                             Redemption                       Call                  Type of          Source of
                                Date                         Amount                  Call               Funds            Balances
                                                                                                    Original Issue   $       73,630,000
                              07/01/04                                25,000        Pro-rata        Repay/prepay             73,605,000
                              01/01/05                               625,000        Maturity        Repay/prepay             72,980,000
                              01/01/05                               450,000        Pro-rata        Repay/prepay             72,530,000
                              07/01/05                               795,000        Pro-rata        Repay/prepay             71,735,000
                              01/01/06                               630,000        Maturity        Repay/prepay             71,105,000
                              01/01/06                             1,000,000        Pro-rata        Repay/prepay             70,105,000
                              07/01/06                               875,000        Pro-rata        Repay/prepay             69,230,000
                              01/01/07                               640,000        Maturity        Repay/prepay             68,590,000
                              01/01/07                             2,265,000         Term           Repay/prepay             66,325,000
                              07/01/07                             1,560,000        Pro-rata        Repay/prepay             64,765,000
                              01/01/08                               655,000        Maturity        Repay/prepay             64,110,000
                              01/01/08                             2,240,000         Term           Repay/prepay             61,870,000
                              01/01/08                               385,000        Pro-rata        Repay/prepay             61,485,000
                              07/01/08                             2,200,000         Term           Repay/prepay             59,285,000
                              01/01/09                               795,000        Pro-rata        Repay/prepay             58,490,000
                              01/01/09                             2,055,000         Term           Repay/prepay             56,435,000
MORTGAGES (Certificated):

                                          Ginnie Mae Pool Numbers
       628346                    633902                  637450             640845            647244
       628360                    933905                  637504             640849            649579
       630211                    933917                  637505             643045            649624
       630213                    633920                  637527             643096            649645
       630234                    633950                  637532             643112            649693
       630235                    633953                  637557             643116            649724
       630246                    633991                  637558             643155            649727
       630281                    633993                  637579             643184            650523
       630287                    634023                  637580             645080            650556
       630315                    634027                  637622             645095            650560
       630341                    634051                  637623             645120            650589
       630351                    634054                  637659             645122            650617
       630367                    634089                  637660             645165            650621
       630393                    634093                  639980             645192            650652
       630401                    634107                  639981             645235            650805
       630433                    634109                  639994             646949            650862
       630460                    634143                  640045             646991            650864
       630477                    634147                  640049             647017            652246
       630505                    634184                  640074             647049            652276
       630539                    634188                  640081             647052            652398
       630572                    637189                  640676             647076            652476
       630575                    637201                  640678             647121            654082
       633827                    637233                  640744             647152            654144
       633853                    637238                  640748             647167            654204
       633857                    637449                  640797             647242            654299

                                          Fannie Mae Pool Numbers
       770453                    794712                  814829             833232            848555
       789986                    794905                  825990             836764            849043
       790767                    800075                  832620             843943            865126

CURRENT INVESTMENT STATUS:

                                                       Investment           Interest          Maturity             Amount
       Issue                   Fund                       Type                Rate             Date              (Face Value)
   2003A RMRB    Service Release Premium        Repurchase Agreement                   0.18       6/1/2009   $              14.83
                 Down Payment Assistance Fund   Guarantd Inv Certificates              2.88      1/31/2006   $                 -
                                                Repurchase Agreement                   0.18       6/1/2009   $                 -
                 Revenue Fund                   Guarantd Inv Certificates              4.13      6/28/2034   $                 -
                                                Repurchase Agreement                   0.18       6/1/2009   $       2,426,285.20
                 Interest Fund                  Guarantd Inv Certificates              4.13       7/1/2034   $                 -
                                                Repurchase Agreement                   0.27       2/2/2009   $                 -
                 Residual Fund                  Repurchase Agreement                   0.18       6/1/2009   $                0.77
                 Mortgage Loan Fund             FNMA                                                         $       3,461,442.24
                                                GNMA                                                         $      49,779,264.94
                                                Guarantd Inv Certificates              2.88      1/31/2006   $                 -
                                                Repurchase Agreement                   5.25       2/1/2007   $                 -
                Expense Fund                    Repurchase Agreement                   0.18       6/1/2009   $           4,118.79
                Cost of Issuance                Repurchase Agreement                   5.31       3/1/2007   $                 -
   2003A RMRB Total                                                                                          $      55,671,126.77
FEES:

                                2003A
  Fee                                      %             Based On        Paid
  Servicing Fee                         0.500%           Loan UPB       Monthly


CONTACTS:

  Disclosure Manager:        Trustee:                               Loan Administrator:

  Mr. Edward Morris          Ms. Johanna Kennelly                   Ms. Stephanie D'Couto
  TDHCA                      Bank of New York - Mellon              TDHCA
  P.O. Box 13941             601 Travis, Floor 18                   P.O. Box 13941
  Austin, Texas 78711-3941   Houston, TX 77002                      Austin, Texas 78711-3941
  (512) 475-3329             (713) 483-7017                         (512) 475-3957