ALBA 2007 â 1 plc - Irish Stock Exchange

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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 December 2008 409,674.36 3.03 2 2.15 Discount of 1.00% to 1.20% until 01 August 2008 331,173.65 2.45 1 1.08 Discount of 1.00% to 1.20% until 01 November 2008 255,326.27 1.89 2 2.15 Discount of 1.00% to 1.20% until 01 December 2008 5,896,466.71 43.57 40 43.01 Discount of 1.00% to 1.20% until 01 January 2009 5,114,050.50 37.79 36 38.71 Discount of 1.00% to 1.20% until 01 February 2009 1,114,908.17 8.24 8 8.60 Discount of 1.20% to 2.40% until 01 September 2008 411,304.32 3.04 4 4.30 Total: 13,532,903.98 100.00 93 100.00 24. Distribution by Interest Rate for Fixed Rate Reverting to Tracker Mortgage Loans Distribution by Interest Rate for Fixed Rate Reverting to Tracker Mortgage Loans Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Fixed rate of 5.01% to 6.00% until 01 October 2008 2,114,857.23 2.18 19 2.54 Fixed rate of 6.01% to 7.00% until 01 July 2008 2,330,364.99 2.40 19 2.54 Fixed rate of 6.01% to 7.00% until 01 October 2008 3,352,863.75 3.46 23 3.07 Fixed rate of 6.01% to 7.00% until 01 January 2009 87,185,370.13 89.91 669 89.44 Fixed rate of 7.01% to 8.00% until 01 January 2009 1,733,500.06 1.79 16 2.14 Fixed rate of 8.01% to 9.00% until 01 January 2009 249,754.20 0.26 2 0.27 Total: 96,966,710.36 100.00 748 100.00 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 January 2009 1,147,293.14 0.87 13 1.34 Fixed rate of 5.01% to 6.00% until 01 February 2009 1,039,025.64 0.79 15 1.55 Fixed rate of 6.01% to 7.00% until 01 October 2008 923,298.59 0.70 7 0.72 Fixed rate of 6.01% to 7.00% until 01 December 2008 43,026,471.45 32.59 317 32.75 Fixed rate of 6.01% to 7.00% until 01 January 2009 48,619,967.99 36.83 347 35.85 Fixed rate of 6.01% to 7.00% until 01 February 2009 15,967,067.02 12.09 108 11.16 Fixed rate of 6.01% to 7.00% until 01 December 2009 5,600,849.94 4.24 41 4.24 Fixed rate of 6.01% to 7.00% until 01 January 2010 5,496,347.24 4.16 40 4.13 Fixed rate of 6.01% to 7.00% until 01 February 2010 1,969,309.22 1.49 15 1.55 Fixed rate of 7.01% to 8.00% until 01 December 2008 1,389,697.24 1.05 11 1.14 Fixed rate of 7.01% to 8.00% until 01 December 2009 3,027,507.47 2.29 26 2.69 Fixed rate of 7.01% to 8.00% until 01 February 2010 1,736,542.24 1.32 10 1.03 Fixed rate of 8.01% to 9.00% until 01 December 2009 2,073,876.69 1.57 18 1.86 Total: 132,017,253.87 100.00 968 100.00 26. Distribution by Index Distribution by Index Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) BBR 155,404,884.88 51.43 1,223 53.38 LIBOR 146,749,973.69 48.57 1,068 46.62 Total: 302,154,858.57 100.00 2,291 100.00
27. Distribution of Early Redemption Charges (%) Distribution of Early Current Balance (£) Current Balance (% of Total) Number of Loans Number of Loans (%) Redemption Charges (%) 6, 5, 0, 0, 0 58,438,174.52 19.34 475 20.73 6, 5, 4, 0, 0 1,359,530.44 0.45 9 0.39 6, 6, 0, 0, 0 222,058,315.54 73.49 1,653 72.15 6, 6, 1, 0, 0 5,373,226.97 1.78 45 1.96 6, 6, 6, 0, 0 14,925,611.10 4.94 109 4.76 Total: 302,154,858.57 100.00 2,291 100.00 Some of the Early Redemption Charges do not apply for a complete 12 month period.
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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
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Assets except to the extent of any
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(B) (C) the special servicing fee d
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(xii) (xiii) (xiv) (xv) (xvi) (xvii
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(vii) (viii) (ix) seventh, pari pas
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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 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: 20. Distribution by Stabilised Marg
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
Page 167 and 168: (a) (b) amounts (other than in resp
Page 169 and 170: The Trustee shall not be responsibl
Page 171 and 172: (e) the Rate of Interest for any In
Page 173 and 174: (i) (ii) in the event that the aggr
Page 175 and 176: 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