Standard&Poor's Ratings Services placed its rating on Wachovia MERLOTS' series 2006B11, relating to Georgia Housing and Finance Authority's single-family mortgage bonds series 2006A, on CreditWatch with negative implications. This action follows Standard&Poor's Aug. 8, 2011, placement of its rating on the underlying bonds on CreditWatch with negative implications. The long-term component of the rating is based on the rating on the underlying bonds (CUSIP #: 373539LY9, 373539LZ6, 373539MA0, 373539MB8). The short-term component of the rating is based on the liquidity facility provided by Wells Fargo Bank N.A., South Dakota. USPF Criteria: Secondary Market Derivative Products, June 27, 2007
