2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches-1

More documents

Recommendations

Info

Footnote Exhibits - Page 0996 Strictly private & confidential Deals with multiple collateral groups: Y-structure " A deal may have more than one group of collateral, each supporting its own sets of bonds * Lower classes (or O/C) may receive cash from entire pool * This structure enables the better performing group to aid the worse performing one " Triggers are more complicated Class I-A (group I) Class I-B (group I) Class 1-A (group 11) Class U-B (group 11) Class C (group 1, H) O/C (group 1, 1) Deutsche Bank All numbers shown in this presentation are indicative and are based on a sample portfolio. Actual numbers will be different and will depend on the actual portfolios selected. 72
Footnote Exhibits - Page 0997 Strictly private & confidential Available funds cap: definition * Maximum net WAC caps the coupon paid to bondholders * Net WAC is gross WAC minus - Servicing fee - Trustee fee - Insurance premium (if any) - 10 payment (if any) " Designed to prevent bonds from defaulting because interest mismatch (as opposed to collateral performance) " Capped-out amount is carried forward and may be recouped in the next month Deutsche Bank / All numbers shown in this presentation are indicative and are based on a sample portfolio. Actual numbers will be different and will depend on the actual portfolios selected. 73
Page 1 and 2:
Footnote Exhibits - Page 0925 Stric
Page 3 and 4:
Page 5 and 6:
0 Footnote Exhibits - Page 0929 Str
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Footnote Exhibits - Page 0943 CD St
Page 21 and 22: Footnote Exhibits - Page 0945 Stric
Page 39 and 40: 1 I I Footnote Exhibits - Page 0963
Page 71: Footnote Exhibits - Page 0995 Stric
show all

2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches-1

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?