2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches-1
2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches-1
2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches-1
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Footnote Exhibits - Page 0950<br />
Strictly private & confidential<br />
HEL ABS sector has been experiencing fast growth in<br />
recent years<br />
700.- <strong>Home</strong> equity ABS issuance volume<br />
600 -2<br />
500 -<br />
o<br />
.0<br />
400 -<br />
u 300 -<br />
O 200 -<br />
100 - Fuf<br />
0 I 1<br />
1998 1999<br />
Sources: Thompson Financial Securities Data, Deutsche Bank<br />
* Data as of end of December 2006. " Projected by Deutsche Bank<br />
2000 2001 2002 2003 2004 2005 2006<br />
Note: Thompson Financial Securities Data changed its criteria of home equity ABS in January 2006. The new criteria excludes certain deals with<br />
relatively high FICO scores. It also no longer include overseas mortgages securitized in the US as home equity ABS, as it used to do. As a result,<br />
issuance figures shown here are generally lower than what may have been previously shown.<br />
Deutsche Bank [.<br />
All numbers shown in this presentation are indicative and are based on a sample portfolio. Actual numbers will be<br />
different and will depend on the actual portfolios selected.
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