2005-79 AUTHORIZING THE ISSUANCE OF BONDS AND AGREEMENTS

Home Browse Search

REGARDING USE OF THIS OFFICIAL STATEMENT This Official Sta.tement dces not constitute an offering of any security other than the offering of the Bonds of the Issuer identified on the cover page hereof. No person has been authorized by the Issuer or the Undervvriter to , give any information or to make any representation other than that contained in this Official Statement,and if given ' or made such other information or representaxion must not be relied upon as having been given or autharized by the Issuer or the Underwriter. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, and there shall not be any sale of the Bonds by any person in any jurisdiction in which it is unlawful to make such offer,solicitation or sa1e. This Official Statement speaks only as of its date, and the information and expressions of opinion herein are subject to change without notice and neither the delivery of this Official Statement nor any sale made hereunder sha11,under any circumstances,create any implication that there has been no change in the affairs of the Issuer since the date hereof. THIS OFFICIAL STATEMENT CONTAINS STATEMENTS RELATING TO THE ISSUER'S ACQUISITION OF FANIVIE MAE CERTIFICATES AND GNMA CERTIFICATES AND RECEIPT OF FUTURE REVENUES THAT ARE"FORWARD-LOOKING STATEMENTS"AS DEFINED IN THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. WHEN USED IN THIS OFFICIAL STATEMENT, THE WORDS "ESTIMATE," "INTEND," "EXPECT," AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS. SUCH STATEMENTS ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTEMPLATED IN SUCH FORWARD-LOOKING STATEMENTS. READERS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE HEREOF. Upon issuance,the Bonds will not be registered under the Securities Act of 1933, as amended,or under any state securities law and will not be listed on any stock or other securities exchange. Neither the Securities and Exchange Commission nor any other federal, state or other governmental entity or agency, except the Issuer, will pass upon the accuracy or adequacy of this Official Statement or approve the Bonds for sale. The Underwriter has provided the following sentence for inclusion in this Official Statement. The Underwriter has reviewed the information in this Official Statement in accordance with, and as part of, their responsibility to investors under the federal securities laws as applied to the facts and circumstances of this transaction, but the Underwriter dces not guazantee the accuracy or completeness of such information. The information and expressions of opinion herein are subject to change without notice, and neither the delivery of this Official Statement nor any sale made hereunder shall under any circumstances create any implication that there has not been any change in the affairs of the Issuer since the date hereof. IN CONNECTION WITH THIS OFFERING, THE UNDERWRITER MAY OVER-ALLOT OR EFFECT TRANSACTIONS THAT STABILIZE OR MAINTAIN THE MARKET PRICES OF THE BONDS AT LEVELS ABOVE THOSE WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET. SUCH STABILIZING,IF COMMENCED,MAY BE DISCONTINUED AT ANY TIlv1E. This Official Statement includes the front cover page immediately preceding this page and all Appendices hereto. i