GECMS 2000-9
                           30yr Fixed Rate Collateral


Collateral Type:                        30yr Fixed Rate

Pass-Through Coupon:                    7.750%

AAA Principal Balance:                  $240,000,000            +/- 5%

Average Loan Balance:                   $346,000 Approx.

Approx. Gross WAC:                      8.50%                   +/- 15bps

WAM:                                    357 +/- 2               max. 360

WA LTV:                                 78%                     +/- 2%

Full Doc                                89% Approx.

Cash-Out Refi.:                         12% Approx.

Single Family (including PUDS)          90% Approx.

Geographic:                             29% California          max 35%

Rating/Subordination:                   AAA/ 4.25%              +/- 50bps

Settlement:                             July 28, 2000

Whole Loan Desk                         AAA - Dan Lonski        - 449-5326
                                              Andy O'Fee
                                              Kerry Grogan



The information herein has been provided solely by Merrill Lynch, Pierce, Fenner
& Smith Incorporated ("Merrill Lynch"). Neither Merrill Lynch, the Issuer of the
securities nor any of its affiliates make any representation as to the accuracy
or completeness of the information herein. The information herein is
preliminary, and will be superseded by the applicable prospectus supplement and
by any other information subsequently filed with the Securities and Exchange
Commission.

The information contained herein will be superseded by the description of the
collateral pool contained in the prospectus supplement relating to the
securities.



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