Shorting Home Equity Mezzanine Tranches
2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches
2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches
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Footnote Exhibits - Page 0986<br />
Strictly private & confidential<br />
Income documentation and verification<br />
a<br />
Full documentation, full verification<br />
- Last 2 years' W2s<br />
- Last 2 months' pay stubs<br />
- Letter from employer (verified by call)<br />
- Last 2 years' income tax returns (self-employed only)<br />
- Last 2 months' bank statements (verified by call)<br />
* Partially (limited, light) documentation<br />
- Some of the documentations are deficient but usually one of income or employment proofs<br />
is available<br />
M No income (stated income), no verification<br />
- Nothing is available<br />
D th k All numbers shown in this presentation are indicative and are based on a sample portfolio. Actual numbers will be<br />
Deutsche Bank different and will depend on the actual portfolios selected.<br />
62<br />
00<br />
00<br />
00
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