GUARANTY AGENCY REINSURANCE A

LOANS IN
REPAYMENT DOLLARS
GUARANTY AGENCY AS OF 9/30/2006 REQUESTED
ARKANSAS 1,471,323,199 52,789,991.90
CALIFORNIA 16,960,224,332 695,034,119.58
COLORADO 8,589,498,351 137,159,412.04
CONNECTICUT 1,222,337,478 33,078,223.35
FLORIDA 3,661,093,460 141,166,083.57
GEORGIA 630,614,720 31,327,196.79
ILLINOIS 5,374,577,430 141,281,222.18
IOWA 1,948,518,135 44,706,062.13
KENTUCKY [1] 2,490,452,059 89,281,283.81
LOUISIANA [9] 1,399,858,970 78,680,674.39
MAINE 668,812,613 16,227,515.67
MASSACHUSETTS [2] 31,328,160,067 449,786,176.33
MICHIGAN 2,120,415,965 77,834,708.12
MISSOURI 2,363,944,016 89,550,785.83
MONTANA 1,315,599,085 14,629,045.46
NEBRASKA (NSLP) 5,836,295,481 187,356,554.36
NEW HAMPSHIRE 1,082,294,881 13,383,206.03
NEW JERSEY 3,067,972,405 95,835,723.25
NEW MEXICO 587,001,868 11,805,811.24
NEW YORK 20,097,695,122 431,143,939.58
NORTH CAROLINA 1,848,474,973 20,149,075.83
NORTH DAKOTA 609,242,542 6,416,425.82
OKLAHOMA 2,212,615,571 82,733,816.18
PENNSYLVANIA [3] 36,528,748,652 867,105,873.59
RHODE ISLAND 1,148,503,678 35,178,031.45
SOUTH CAROLINA 1,793,422,277 17,208,827.98
SOUTH DAKOTA 1,967,979,959 48,308,629.15
TENNESSEE 3,108,446,765 104,455,953.25
TEXAS 14,254,833,187 540,067,672.95
USAF [4] 55,806,977,435 1,510,833,359.29
UTAH 1,733,390,012 29,156,488.95
VERMONT 1,448,106,019 14,646,051.36
WASHINGTON [5] 3,491,614,208 78,396,032.81
WISCONSIN [6] 24,663,057,520 251,759,387.65
ECMC/VA [7] 4,091,300,775 198,009,263.16
TOTALS 266,923,403,210 6,636,482,625

[1] ALABAMA HAS DESIGNATED KENTUCKY TO ACT AS ITS GUARANTOR AND REPORTS DEF
[2] D. C. HAS DESIGNATED MASSACHUSETTS TO ACT AS ITS GUARANTOR AND REPORTS DE
[3] DELAWARE AND WEST VIRGINIA HAVE DESIGNATED PENNSYLVANIA TO ACT AS ITS GUA
[4] ALASKA, ARIZONA, HAWAII, INDIANA, KANSAS, MARYLAND, MISSISSIPPI, NEVADA, AND
[5] IDAHO HAS DESIGNATED WASHINGTON TO ACT AS ITS GUARANTOR AND REPORTS DEF
 [6[ MINNESOTA, OHIO, PUERTO RICO AND VIRGIN ISLANDS HAVE DESIGNATED WISCONSIN
[7] VIRGINIA AND OREGON HAVE DESIGNATED ECMC TO ACT AS ITS GUARANTOR AND REPO
[8] THETO
[9] DUE VFA AGENCIES
HURRICANE THAT RECEIVE
KATRINA 100% REINSURANCE.
RELIEF EFFORTS, ECMC I PAID CLAIMS ON BEHALF OF LOUISIANA DU
.
LOUISIANA FOR PURPOSES OF DETERMINING THE TRIGGER.

SOURCE: GUARANTY AGENCY ED FORM 2000 STATEMENT OF ACCOUNT AS 0F 12/15/2007

EINSURANCE AGREEMENT DEFAULT STATUS - FY2007

DOLLARS DOLLARS APPLIED APPLIED TRIGGER BASIS

PAID NOT PAID REFUNDS REHABS AMOUNT
50,418,977.16 2,371,014.74 65,050.46 10,350,390.10 40,003,536.60
662,212,860.08 32,821,259.50 14,592,380.58 85,780,694.99 561,839,784.51
137,154,849.91 4,562.13 7,073,453.80 17,059,434.98 113,021,961.13
31,586,053.22 1,492,170.13 12,124.01 0.00 31,573,929.21
134,071,826.38 7,094,257.19 3,919,877.88 38,950,072.99 91,201,875.51
30,007,641.90 1,319,554.89 25,630.31 9,110,292.66 20,871,718.93
135,367,768.96 5,913,453.22 121,394.63 28,675,454.25 106,570,920.08
42,739,197.58 1,966,864.55 21,810.61 9,183,140.96 33,534,246.01
85,207,087.26 4,074,196.55 1,602,779.83 12,879,262.56 70,725,044.87
75,240,337.17 3,440,337.22 1,662,701.72 4,337,344.34 69,240,291.11
15,554,030.48 673,485.19 94,158.55 3,147,818.12 12,312,053.81
449,786,176.33 0.00 13,063,292.32 83,176,872.72 353,546,011.29
74,438,384.39 3,396,323.73 79,828.05 11,017,802.69 63,340,753.65
85,507,508.21 4,043,277.62 3,164,829.21 19,876,749.28 62,465,929.72
13,958,968.96 670,076.50 6,813.02 1,935,083.70 12,017,072.24
178,678,499.17 8,678,055.19 39,690.08 21,556,794.92 157,082,014.17
12,808,170.82 575,035.21 254,156.51 3,338,751.90 9,215,262.41
91,371,082.78 4,464,640.47 1,177,750.08 7,589,742.97 82,603,589.73
11,260,336.06 545,475.18 13,543.34 1,691,415.26 9,555,377.46
411,577,953.78 19,565,985.80 15,838,905.07 99,589,977.47 296,149,071.24
19,255,534.63 893,541.20 910.14 681,666.68 18,572,957.81
6,117,487.91 298,937.91 892.14 1,397,034.40 4,719,561.37
79,229,446.17 3,504,370.01 48,208.81 15,263,962.79 63,917,274.57
825,855,376.04 41,250,497.55 12,889,442.40 95,553,833.83 717,412,099.81
33,587,385.92 1,590,645.53 22,011.06 7,226,138.04 26,339,236.82
16,509,654.95 699,173.03 355,312.55 2,443,041.19 13,711,301.21
45,950,843.25 2,357,785.90 686,733.19 2,954,226.36 42,309,883.70
99,802,613.17 4,653,340.08 1,509,626.93 31,324,165.70 66,968,820.54
540,067,672.95 0.00 8,845,365.27 102,375,313.73 428,846,993.95
1,449,369,374.25 61,463,985.04 2,574,244.44 256,795,198.55 1,189,999,931.26
27,965,993.74 1,190,495.21 1,096,350.07 3,645,952.11 23,223,691.56
13,958,688.37 687,362.99 8.26 2,221,712.58 11,736,967.53
74,995,800.89 3,400,231.92 62,045.84 19,768,777.51 55,164,977.54
241,092,592.56 10,666,795.09 136,399.52 51,184,276.39 189,771,916.65
192,306,921.14 5,702,342.02 144,468.35 53,153,006.79 139,009,446.00
6,395,013,097 241,469,528 91,202,189 1,115,235,404 5,188,575,504

R AND REPORTS DEFAULTS UNDER KENTUCKY.

OR AND REPORTS DEFAULTS UNDER MASSACHUSETTS.
A TO ACT AS ITS GUARANTOR AND REPORTS DEFAULTS UNDER PENNSYLVANIA.
SSIPPI, NEVADA, AND WYOMING HAVE DESIGNATED USAF TO ACT AS THEIR GUARANTOR AND REPO
R AND REPORTS DEFAULTS UNDER WASHINGTON.
GNATED WISCONSIN (GREAT LAKES) TO ACT AS THEIR GUARANTOR AND REPORT DEFAULTS UNDER
UARANTOR AND REPORT DEFAULTS UNDER ECMC.
HALF OF LOUISIANA DURING FY2007. THESE AMOUNTS WERE EXCLUDED FROM ECMC I'S NUMBERS AND APPLIE

T AS 0F 12/15/2007
 % OF REIN-
TRIGGER REQUESTS SURANCE
RATE PAID LEVEL
2.72% 95.30% 100% / 98% / 95%
3.31% 95.04% 100% / 98% / 95%
1.32% 100.00% 100%[8]
2.58% 95.28% 100% / 98% / 95%
2.49% 94.71% 100% / 98% / 95%
3.31% 95.60% 100% / 98% / 95%
1.98% 95.63% 100% / 98% / 95%
1.72% 95.40% 100% / 98% / 95%
2.84% 95.22% 100% / 98% / 95%
4.95% 95.43% 100% / 98% / 95%
1.84% 95.67% 100% / 98% / 95%
1.13% 100.00% 100%[8]
2.99% 95.44% 100% / 98% / 95%
2.64% 95.27% 100% / 98% / 95%
0.91% 95.20% 100% / 98% / 95%
2.69% 95.14% 100% / 98% / 95%
0.85% 95.51% 100% / 98% / 95%
2.69% 95.11% 100% / 98% / 95%
1.63% 95.16% 100% / 98% / 95%
1.47% 95.25% 100% / 98% / 95%
1.00% 95.36% 100% / 98% / 95%
0.77% 95.11% 100% / 98% / 95%
2.89% 95.58% 100% / 98% / 95%
1.96% 95.01% 100% / 98% / 95%
2.29% 95.26% 100% / 98% / 95%
0.76% 95.77% 100% / 98% / 95%
2.15% 94.87% 100% / 98% / 95%
2.15% 95.34% 100% / 98% / 95%
3.01% 100.00% 100%[8]
2.13% 95.76% 100% / 98% / 95%
1.34% 95.74% 100% / 98% / 95%
0.81% 95.08% 100% / 98% / 95%
1.58% 95.47% 100% / 98% / 95%
0.77% 95.58% 100%[8]
3.40% 97.03% 100% / 98% / 95%

HEIR GUARANTOR AND REPORT DEFAULTS UNDER USAF.

D REPORT DEFAULTS UNDER WISCONSIN (GREAT LAKES).

ECMC I'S NUMBERS AND APPLIED TO