ALBA 2007 â 1 plc - Irish Stock Exchange

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27. Distribution by Interest Rate for Fixed Rate Reverting to LIBOR Mortgage Loans Distribution by Interest Rate for Fixed Rate Reverting to LIBOR Mortgage Loans Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Fixed rate of 5.01% to 6.00% until 01 August 2008 3,452,013.19 1.69 22 1.48 Fixed rate of 5.01% to 6.00% until 01 September 2008 32,146,326.64 15.70 232 15.65 Fixed rate of 5.01% to 6.00% until 01 October 2008 7,454,035.03 3.64 50 3.37 Fixed rate of 5.01% to 6.00% until 01 December 2008 13,225,341.58 6.46 95 6.41 Fixed rate of 5.01% to 6.00% until 01 January 2009 10,465,081.74 5.11 76 5.13 Fixed rate of 5.01% to 6.00% until 01 February 2009 4,710,744.38 2.30 44 2.97 Fixed rate of 5.01% to 6.00% until 01 February 2010 75,573.98 0.04 1 0.07 Fixed rate of 6.01% to 7.00% until 01 October 2008 4,355,007.42 2.13 29 1.96 Fixed rate of 6.01% to 7.00% until 01 December 2008 43,026,471.45 21.01 317 21.39 Fixed rate of 6.01% to 7.00% until 01 January 2009 48,619,967.99 23.74 347 23.41 Fixed rate of 6.01% to 7.00% until 01 February 2009 15,967,067.02 7.80 108 7.29 Fixed rate of 6.01% to 7.00% until 01 December 2009 5,600,849.94 2.73 41 2.77 Fixed rate of 6.01% to 7.00% until 01 January 2010 5,496,347.24 2.68 40 2.70 Fixed rate of 6.01% to 7.00% until 01 February 2010 1,969,309.22 0.96 15 1.01 Fixed rate of 7.01% to 8.00% until 01 December 2008 1,389,697.24 0.68 11 0.74 Fixed rate of 7.01% to 8.00% until 01 December 2009 3,027,507.47 1.48 26 1.75 Fixed rate of 7.01% to 8.00% until 01 February 2010 1,736,542.24 0.85 10 0.67 Fixed rate of 8.01% to 9.00% until 01 December 2009 2,073,876.69 1.01 18 1.21 Total: 204,791,760.46 100.00 1,482 100.00 28. Distribution by Index Distribution by Index Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) BBR 164,422,904.56 16.86 1,283 18.28 LIBOR 228,543,702.19 23.43 1,648 23.48 SVR 582,340,638.35 59.71 4,087 58.24 Total: 975,307,245.10 100.00 7,018 100.00 29. Distribution of Early Redemption Charges (%) Distribution of Early Redemption Charges (%) Current Balance (£) Current Balance (% Number of Loans Number of Loans (%) of Total) 3, 3, 0, 0, 0 262,445,604.67 26.91 1,820 25.93 3, 3, 3, 0, 0 376,954.94 0.04 6 0.09 4, 3, 0, 0, 0 284,043,566.05 29.12 1,982 28.24 4, 3, 2, 0, 0 44,492,532.37 4.56 339 4.83 4, 4, 0, 0, 0 72,369,881.31 7.42 511 7.28 4, 4, 4, 0, 0 75,573.98 0.01 1 0.01 6, 5, 0, 0, 0 58,438,174.52 5.99 475 6.77 6, 5, 4, 0, 0 1,359,530.44 0.14 9 0.13 6, 6, 0, 0, 0 231,406,588.75 23.73 1,721 24.52 6, 6, 1, 0, 0 5,373,226.97 0.55 45 0.64 6, 6, 6, 0, 0 14,925,611.10 1.53 109 1.55
Distribution of Early Redemption Charges (%) Current Balance (£) Current Balance (% Number of Loans Number of Loans (%) of Total) Total: 975,307,245.10 100.00 7,018 100.00 Some of the Early Redemption Charges do not apply for a complete 12 month period. 30. Distribution by Product Type Distribution by Product Type Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Near Prime 673,152,386.53 69.02 4,727 67.36 Non-Conforming 302,154,858.57 30.98 2,291 32.64 Total: 975,307,245.10 100.00 7,018 100.00
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ALBA 2007 - 1 plc (Incorporated in
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As a condition to the issue of the
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PLC (in its capacity as account ban
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In connection with the issue and di
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SUMMARY INFORMATION This summary mu
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(a) (b) (c) the Completion Mortgage
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A2 Notes will rank in priority to t
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Noteholders and (iii) limiting the
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Principal Amount Outstanding togeth
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applicable, subject to the payment
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Agreement, the Cash Management, Mas
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Loans to the extent they accrue a f
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RISK FACTORS The following is a sum
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described in the previous sentence
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the Mortgage Rate for each of which
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Payments. The actual lives of the M
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status, repayment ability, debt-to
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There are concentrations of Propert
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and the right of the relevant Borro
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contracts) has to be issued or appr
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No assurance can be given that chan
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introduce alternative penalties for
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unforeseen taxable profits in the I
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company which is a party to an arra
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CREDIT STRUCTURE General The follow
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thereon) other than, following any
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Available Redemption Funds On any P
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(c) the Liquidity Facility is not r
Page 57 and 58: (d) (e) (f) the aggregate balance o
Page 59 and 60: (d) fourth, to the C Principal Defi
Page 61 and 62: In the event that the long-term, un
Page 63 and 64: the calculation period applicable t
Page 65 and 66: Assets except to the extent of any
Page 67 and 68: (B) (C) the special servicing fee d
Page 69 and 70: (xii) (xiii) (xiv) (xv) (xvi) (xvii
Page 71 and 72: (vii) (viii) (ix) seventh, pari pas
Page 73 and 74: credit of the Reserve Ledger to the
Page 75 and 76: elated rights and powers, and other
Page 77 and 78: CAPITALISATION STATEMENT The follow
Page 79 and 80: THE SERVICER Homeloan Management Li
Page 81 and 82: THE ACCOUNT BANK AND THE GIC PROVID
Page 83 and 84: THE INTEREST RATE SWAP COUNTERPARTY
Page 85 and 86: THIRD PARTY INFORMATION The informa
Page 87 and 88: insurance or endowment policy or ot
Page 89 and 90: Approximately 49.74 per cent. by lo
Page 91 and 92: • Investment properties (resident
Page 93 and 94: • Reference from current landlord
Page 95 and 96: • Properties under 10 years old w
Page 97 and 98: (a) (b) CCJs/Defaults will only be
Page 99 and 100: CHARACTERISTICS OF THE PRELIMINARY
Page 101 and 102: Distribution by Current Loan to Val
Page 103 and 104: Distribution by Property Type Curre
Page 105 and 106: 19. Distribution by Current Margin
Page 107: Distribution by Discount over Rever
Page 111 and 112: Distribution by Original Loan to Cu
Page 113 and 114: 9. Shared Ownership Status Shared O
Page 115 and 116: 17. Distribution by Arrears Multipl
Page 117 and 118: 24. Distribution by Interest Rate f
Page 119 and 120: Section C: Non-Conforming Mortgage
Page 121 and 122: Distribution by Total Number of Cou
Page 123 and 124: Distribution by Region Current Bala
Page 125 and 126: 20. Distribution by Stabilised Marg
Page 127 and 128: 27. Distribution of Early Redemptio
Page 129 and 130: companies and the Seller (or GMAC-R
Page 131 and 132: 1. Lending Criteria Subject to GMAC
Page 133 and 134: SERVICING AND SPECIAL SERVICING OF
Page 135 and 136: The Servicer is, under the Servicin
Page 137 and 138: (m) (n) (o) (p) (q) (r) (s) (t) (u)
Page 139 and 140: (k) (l) (m) (n) the total balance o
Page 141 and 142: (o) (p) (q) the balance of the Port
Page 143 and 144: Any credit agreement intended to be
Page 145 and 146: Arrears must be dealt with sympathe
Page 147 and 148: (p) (q) (r) (s) interest on the Not
Page 149 and 150: Weighted Average Life of D Notes in
Page 151 and 152: SUMMARY OF PROVISIONS RELATING TO T
Page 153 and 154: TERMS AND CONDITIONS OF THE NOTES T
Page 155 and 156: In accordance with this Condition 2
Page 157 and 158: (g) (h) (i) (j) (k) (l) (m) (n) (o)
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(A) (B) (C) (D) (E) other than in r
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(xxi) (xxii) twenty-first, to pay a
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E = the aggregate Principal Amount
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Contract and the Corporate Services
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(a) (b) amounts (other than in resp
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The Trustee shall not be responsibl
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(e) the Rate of Interest for any In
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(i) (ii) in the event that the aggr
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amount of any Note Principal Paymen
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All of the B Noteholders and/or the
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Condition 8: Taxation All payments
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of such Noteholders of the relevant
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authorisation of any breach or prop
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No rights are conferred on any thir
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TERMS AND CONDITIONS OF THE MERCs T
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(i) (ii) (iii) a first fixed charge
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provided by the Cross Currency Swap
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to do so by the holders of at least
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Sunday on which banks are open for
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such MERCs, the alteration of the m
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tax) which would not be suffered we
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TERMS AND CONDITIONS OF THE SUBORDI
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Subordinated Notes scheduled to the
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and/or the Issuer Security Deed tog
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(vii) (viii) (ix) (x) (xi) (xii) (x
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Agreements, the Paying Agents, the
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(xii) (xiii) twelfth, to pay pari p
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In giving any consent to the forego
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LIBOR in effect for the Interest Pe
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(a) Final Redemption of the Subordi
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close of business on the sixth Busi
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indemnified and/or secured to its s
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Trustee will not be responsible for
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(b) Notwithstanding the other provi
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TERMS AND CONDITIONS OF THE R CERTI
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As security for the payment of all
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(B) (C) (D) amounts due and payable
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Mortgage Loans at the end of the pr
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(vii) seventh, to pay pro rata and
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(b) Restrictions on Activities (i)
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(c) Determination and Calculation b
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adjourned meeting, two or more pers
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If Definitive R Certificates are is
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UNITED KINGDOM TAXATION The followi
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EU DIRECTIVE ON THE TAXATION OF SAV
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or other person to which it sells t
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GENERAL INFORMATION 1. The issue of
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GLOSSARY £ .......................
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Cap Provider and Liquidity Facility
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E Principal Deficiency.............
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Interest Only Mortgage Loan........
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Noteholders .......................
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Receiptholders ....................
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Subordinated Noteholders ..........
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ALBA 2007 â 1 plc - Irish Stock Exchange