ALBA 2007 â 1 plc - Irish Stock Exchange

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2.05% - 2.05% 81,793,728.50 12.15 580 12.27 Total: 673,152,386.53 100.00 4,727 100.00 Weighted Average: 1.98% 21. Distribution by Rate Type Distribution by Rate Type Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) LIBOR Discount 9,019,221.91 1.34 66 1.40 LIBOR Fixed 72,774,506.59 10.81 514 10.87 SVR Discount 91,182,714.83 13.55 596 12.61 SVR Fixed 491,157,923.52 72.96 3,491 73.85 Tracker 9,018,019.68 1.34 60 1.27 Total: 673,152,386.53 100.00 4,727 100.00 22. Distribution by Discount over Reversionary Margin for Discount SVR Mortgage Loans Distribution by Discount over Reversionary Margin for Discount SVR Mortgage Loans Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Discount of 0.00% to 1.00% until 01 July 2008 5,727,811.61 6.28 40 6.71 Discount of 0.00% to 1.00% until 01 October 2008 9,274,466.97 10.17 65 10.91 Discount of 1.00% to 1.20% until 01 July 2008 10,779,817.57 11.82 61 10.23 Discount of 1.00% to 1.20% until 01 October 2008 15,290,841.07 16.77 94 15.77 Discount of 1.00% to 1.20% until 01 January 2009 3,400,180.29 3.73 29 4.87 Discount of 1.20% to 1.40% until 01 July 2008 3,288,983.82 3.61 21 3.52 Discount of 1.20% to 1.40% until 01 October 2008 5,145,360.50 5.64 33 5.54 Discount of 1.20% to 1.40% until 01 April 2009 2,841,847.66 3.12 20 3.36 Discount of 1.40% to 1.60% until 01 April 2008 5,584,242.27 6.12 35 5.87 Discount of 1.40% to 1.60% until 01 July 2008 6,476,518.80 7.10 39 6.54 Discount of 1.40% to 1.60% until 01 October 2008 14,826,032.16 16.26 101 16.95 Discount of 1.40% to 1.60% until 01 April 2009 8,546,612.11 9.37 58 9.73 Total: 91,182,714.83 100.00 596 100.00 23. Distribution by Discount over Reversionary Margin for Discount LIBOR Mortgage Loans Distribution by Discount over Reversionary Margin for Discount LIBOR Mortgage Loans Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Discount of 0.00% to 1.00% until 01 October 2008 552,767.06 6.13 4 6.06 Discount of 1.00% to 1.20% until 01 August 2008 459,120.10 5.09 3 4.55 Discount of 1.00% to 1.20% until 01 September 2008 5,104,601.71 56.60 34 51.52 Discount of 1.00% to 1.20% until 01 November 2008 1,467,071.72 16.27 13 19.70 Discount of 1.20% to 2.40% until 01 September 2008 809,386.69 8.97 6 9.09 Discount of 1.20% to 2.40% until 01 January 2009 626,274.63 6.94 6 9.09 Total: 9,019,221.91 100.00 66 100.00
24. Distribution by Interest Rate for Fixed Rate Reverting to SVR Mortgage Loans Distribution by Interest Rate for Fixed Rate Reverting to SVR Mortgage Loans Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Fixed rate of 4.01% to 5.00% until 01 January 2008 1,028,677.45 0.21 8 0.23 Fixed rate of 4.01% to 5.00% until 01 April 2008 2,140,482.65 0.44 15 0.43 Fixed rate of 4.01% to 5.00% until 01 July 2008 4,201,469.04 0.86 31 0.89 Fixed rate of 5.01% to 6.00% until 01 January 2008 2,180,803.93 0.44 12 0.34 Fixed rate of 5.01% to 6.00% until 01 April 2008 12,722,307.45 2.59 95 2.72 Fixed rate of 5.01% to 6.00% until 01 July 2008 96,669,121.75 19.68 668 19.13 Fixed rate of 5.01% to 6.00% until 01 October 2008 190,770,366.61 38.84 1,377 39.44 Fixed rate of 5.01% to 6.00% until 01 January 2009 141,381,961.18 28.79 973 27.87 Fixed rate of 5.01% to 6.00% until 01 April 2009 5,600,532.55 1.14 41 1.17 Fixed rate of 5.01% to 6.00% until 01 July 2009 17,995,871.72 3.66 143 4.10 Fixed rate of 5.01% to 6.00% until 01 October 2009 14,395,515.96 2.93 110 3.15 Fixed rate of 5.01% to 6.00% until 01 January 2010 1,948,658.63 0.40 17 0.49 Fixed rate of 6.01% to 7.00% until 01 October 2008 122,154.60 0.02 1 0.03 Total: 491,157,923.52 100.00 3,491 100.00 25. 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 4.74 22 4.28 Fixed rate of 5.01% to 6.00% until 01 September 2008 32,146,326.64 44.17 232 45.14 Fixed rate of 5.01% to 6.00% until 01 October 2008 7,454,035.03 10.24 50 9.73 Fixed rate of 5.01% to 6.00% until 01 December 2008 13,225,341.58 18.17 95 18.48 Fixed rate of 5.01% to 6.00% until 01 January 2009 9,317,788.60 12.80 63 12.26 Fixed rate of 5.01% to 6.00% until 01 February 2009 3,671,718.74 5.05 29 5.64 Fixed rate of 5.01% to 6.00% until 01 February 2010 75,573.98 0.10 1 0.19 Fixed rate of 6.01% to 7.00% until 01 October 2008 3,431,708.83 4.72 22 4.28 Total: 72,774,506.59 100.00 514 100.00 26. Distribution by Index Distribution by Index Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) BBR 9,018,019.68 1.34 60 1.27 LIBOR 81,793,728.50 12.15 580 12.27 SVR 582,340,638.35 86.51 4,087 86.46 Total: 673,152,386.53 100.00 4,727 100.00 27. Distribution of Early Redemption Charges (%) Distribution of Early Redemption Charges (%) Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) 3, 3, 0, 0, 0 262,445,604.67 38.99 1,820 38.50 3, 3, 3, 0, 0 376,954.94 0.06 6 0.13 4, 3, 0, 0, 0 284,043,566.05 42.20 1,982 41.93
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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
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(d) (e) (f) the aggregate balance o
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(d) fourth, to the C Principal Defi
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In the event that the long-term, un
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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 and 108: Distribution by Discount over Rever
Page 109 and 110: Distribution of Early Redemption Ch
Page 111 and 112: Distribution by Original Loan to Cu
Page 113 and 114: 9. Shared Ownership Status Shared O
Page 115: 17. Distribution by Arrears Multipl
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)
Page 159 and 160: (A) (B) (C) (D) (E) other than in r
Page 161 and 162: (xxi) (xxii) twenty-first, to pay a
Page 163 and 164: E = the aggregate Principal Amount
Page 165 and 166: 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