2007_Subprime_Shorting-Home-Equity-Mezzanine-Tranches-1
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Footnote Exhibits - Page 0981
Strictly private & confidential
Profile of traditional home equity product
* Low balance
* Second or third lien
" Credit score above 680
" Usually a refinancing to take out cash
* 15-year maturity (or shorter)
" Combined loan-to-value (CLTV) ratio less than 100
U Include home equity lines of credit (securitized separately)
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.
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