NEWGATE FUNDING PLC - Irish Stock Exchange

Level: 8 – From: 8 – Wednesday, December 19, 2007 – 9:34 pm – mac8 – 3894 Section 11 : 3894 Section 11
MPLC Historical Portfolio Performance
Defaults & Losses on the MPLC RMBS Programme
Issuance Date
Sep-07
Transaction (1) NF 2007-2
Mar-07
NF 2007-1
Nov-06
NF 2006-3
Jun-06
NF 2006-2
Mar-06
NF 2006-1
Aug-05
MPLC 7
Nov-04
MPLC 6
Jun-03
MPLC 5
Nov-02
MPLC 4
Nov-01
MPLC 3
Nov-00
MPLC 2
May-00
MPLC 1
Initial Deal Size £450,000,000 £575,000,000 £650,000,000 £500,000,000 £575,000,000 £750,000,000 £590,000,000 £250,000,000 £250,000,000
£320,000,000 £220,000,000 £178,000,000
Closing Date 13-Jun-07 15-Mar-07 02-Nov-06 29-Jun-06 30-Mar-06 08-Aug-05 07-Dec-04 8-Jul-03 29-Nov-02 27-Nov-01 15-Nov-00 16-May-00
Interest Payment Date Sep-07 Sep-07 Nov-07 Oct-07 Sep-07 Oct-07 Oct-07 Sep-06 Feb-06 Feb-06 Aug-04 Apr-04
Balance of Loans ever taken
into Repossession
% Loans taken into
Repossession
Unsold Repossessions
(% of Initial Deal Size)
£0 £166,497 £8,835,653 £6,583,100 £11,700,373 £31,501,102 £31,169,559 £13,804,231 £8,304,943 £10,770,252 £9,862,431 £6,897,731
0.00% 0.03% 1.36% 1.32% 2.03% 4.2% 5.28% 5.52% 3.32% 3.37% 4.48% 3.88%
0.00% 0.03% 1.06% 0.70% 1.11% 1.24% 0.25% 1.26% 0.78% 0.28% 0% 0.07%
Unsold Balance £0 £166,497 £6,868,901 £3,475,030 £6,394,620 £9,323,994 £1,485,896 £3,137,939 £1,957,292 £911,817 £683,127.01 £124,742.38
Sold Balance £0 £0 £1,966,751 £3,108,070 £5,305,753 £22,177,108 £29,683,662 £10,666,292 £6,347,650 £9,858,435 £9,179,304 £6,772,971
Cumulative Loss (2) £0 £0 £348,675 £245,687 £554,067 £1,893,861 £2,700,015 £976,617 £356,453 £548,505 £482,691 £940,272
Loss Severity 0 0 17.73% 7.90% 10.44% 8.54% 9.10% 9.16% 5.62% 5.56% 5.26% 13.88%
Total Realized Loss as % of
(2) 0.000% Original Pool
0.000% 0.054% 0.049% 0.096% 0.25% 0.46% 0.39% 0.14% 0.17% 0.219% 0.53%
Fully Redeemed Dec-06 May-06 May-06 Nov-04 Jul-04
Mortgages No. 1 to 5 have been called with all investors repaid in full
Weighted Average Loss Severity stands at 7.98% through the MPLC and Newgate programmes
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(1) Source: MPLC investor reports as at respective Interest Payment Dates, Bloomberg
(2) Includes only repossession losses
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