02/04/05 OPEN 0.000 -1 -17,600,000 38374F067 SERIES 2004-5 CLASS P 4.3518 02/20/33 TOTAL REVERSE REPURCHASETRANSACTIONS GOVERNMENT NATIONAL MTG ASSOC $0 $0 TOTAL REPURCHASETRANSACTIONS $.1 $0 'As C sialomooi Syr End of Statement SIK TNT suwouNHOT OfernabCnil Dams cely Hot retooled as a u.

RNMENT NATIONAL MTG ASSN 3.9400 48,577.07 SERIES 2004-035 CLASS SP DUE 12/20/2029 3940 INTEREST PAYMENT 0t-20.05 07/20/05 GOVERNMENT NATIONAL MTG ASSOC 48.59814 SERIES 2004-041 CLASS SE DUE 05/20/2030 0,000 INTEREST PAYMENT 07-20.05 027 07,3005:10:09 001 V895 EFTA00196065 B STURNS OFFICE

XIMYEPI µAveCA On /1111 wr STArriars' Ain* 30.2004 slewrny RAM RI DM MOM M7 ALOIS 07/09/04 HIM PGC015990926 0215212820 GOVERNMENT NAnONAL MTG ASSOC POOL 0034473 COUPON 5.9475 EINANCWG IC PNROFr OFF 31.42 07/15104 FEDERAL HOME LOAN MTG CORP SERIES 2471 CUSS)? DUE 03/15/2032 1.000 INT RA)

CE AMOUNT) CUSP DESCRIPTOR YOU SOLD (REPO) 0720904 10/1254 1.790 .3.739.000 -4.461 .44.389.962 GOVERNMENT NATIONAL SERIES 2004-2 CLASS S MTG ASSOC 5.8100 01/16/34 YOU SOLD (REPO) 07/09/04 10/12/04 1.790 -5.866.000 -7.000 .44.000.000 GOVERNMENT NATIONAL SERIES 2004-5 CLASS P MTG ASSOC