Intesa Sanpaolo OBG Mortgage Programme

Size: px

Start display at page:

Download "Intesa Sanpaolo OBG Mortgage Programme"

Russell Holland
6 years ago
Views:

1 Intesa Sanpaolo OBG Mortgage Programme Collateral Portfolio as at 29/02/2012

2 Pool Summary The cover pool: 33.34% Class A Adriano Finance Srl (AF1) euro % Residential Mortgage Loans euro % Commercial Mortgage Loans euro Total Oustanding Principal Portfolio : euro Liquidity: euro Source: Quarterly Report Note: all data refer to 29 February

3 AF1 Pool Summary (MBS) General Statistics (data as of 29 February Amounts in Euro, unless otherwise stated) Loan Positions Average Original Outstanding Amount ,81 Largest Original Outstanding Amount 810,000,00 Average Current Outstanding Amount ,16 Largest Current Outstanding Amount ,82 Weighted Average Original Loan to Value 57,28% Weighted Average Current Loan to Value (*) 42,71% Weighted Average Indexed Loan to Value 42,32% Weighted Average Seasoning (Months) 82,32 Weighted Average Residual Maturity (Months) 188,79 Weighted Average Original Maturity (Months) 255,56 Weighted Average Current Interest Rate 3,95% Currency EUR Fractioned Loans 13,19% 19% (*) Current LTV defined as the ratio between the current outstanding amount and the historical value Source: Adriano Finance loan-by-loan file (RAs surveillance purpose) Note: all data refer to 29 February

4 Mortgage Loans Portfolio Summary General Statistics (data as of 29 February Amounts in Euro, unless otherwise stated) Loan Positions Average Original i Outstanding t Amount ,25 Largest Original Outstanding Amount ,00 Average Current Outstanding Amount ,88 Largest Current Outstanding Amount ,91 Weighted Average Original Loan to Value 55,92% Weighted Average Current Loan to Value (*) 49,21% Weighted Average Indexed Loan to Value 53,42% Weighted Average Seasoning (Months) 32,80 Weighted Average Residual Maturity (Months) 226,99 Weighted Average Original Maturity (Months) 259,79 Weighted Average Current Interest Rate 3,45% % of loans' CB granted by non-residential properties 1,51% Currency EUR Fractioned Loans 9,94% (*) Current LTV defined as the ratio between the current outstanding amount and the historical value Source: Mortgage Loans loan-by-loan file (RAs surveillance purpose) Note: all data refer to 29 February

5 AF1: Mortgage Loan Portfolio composition as of 29 February 2012 Mortgage Loans: Portfolio composition as of 29 February 2012 Delinquent Loans(1) 2.38% Defaulted Loans(2) 3.42% Delinquent Loans(1) 1.31% Defaulted Loans (2) 0.07% Mortgage Loans Mortgage Loans not Delinquent not Delinquent 94.20% 98.62% (1) Delinquent Loan - any Mortgage Loan which is not a Defaulted Loan and which has an Arrears Ratio (the ratio between all amounts due and unpaid as principal and interests installments in respect of such mortgage loan and the amount of the last installment of such Mortgage Loan) equal to or higher than 1 for a period of at least one month. (2) Is a Defaulted Loan, a Mortgage Loan which at any time (a) has been classified by the Servicer as in sofferenza and/or (b) has, or has had, an Arrears Ratio equal to or greater than 10 (or, in case of a quarterly or semi-annual Mortgage Loan, respectively, than 4 and 2). These loans are not accounted for in the tests. Source: Adriano and Mortgage Loans loan-by-loan files (RAs surveillance purpose) Note: all data refer to 29 February

6 AF1: Portfolio breakdown by Current Outstanding Amount Mortgage Loans: Portfolio breakdown by Current Outstanding Amount from 150 to 200k 10.0% from 200k to 250k 4.3% over 250k 3.6% Up to 50k 16.1% 1% from 200k to 250k 6.8% over 250k 12.7% Up to 50k 8.6% from 50k to 100k 29.5% from 100k to 150k 26.0% from 50k to 100k 40.0% from 150 to 200k 14.6% from 100k to _ 150k 27.8% Source: Adriano and Mortgage Loans loan-by-loan files (RAs surveillance purpose) Note: all data refer to 29 February

7 AF1: Breakdown by Current and Original LTV* 44.3% 35.6% Mortgage Loans: Breakdown by Current and Original LTV* 34.4% 33.4% 25.0% 22.1% 18.1% 18.5% 13.1% 13.9% 14.8% 14.8% 12.7% 15.0% 14.2% 16.5% 14.9% 12.8% 18.4% 4.3% 0.5% 0.0% 1.9% 0.8% 0-40 % % % % % over 80% AF1: Breakdown by Property Location South 22% Original LTV Current LTV 0-40 % % % % % over 80% Mortgage Loans: Breakdown by Property Location Centre 18% South 11% Original LTV Current LTV Centre 17% North 61% North 71% *Both the OLTV and the CLTV refer to the Current Balance of the Portfolio Source: Adriano and Mortgage Loans loan-by-loan files (RAs surveillance purpose) Note: all data refer to 29 February

8 AF1: Breakdown by Seasoning (months) % % over % AF1: Breakdown by Maturity Date % % % Mortgage Loans: Breakdown by Seasoning (months) % % % % over % % % Mortgage Loans: Breakdown by Maturity Date (over 2040) 0.19% ( ) 12.82% (today- 2015) 1.20% ( ) 15.62% (over 2040) 647% 6.47% (today- 2015) 0.73% ( ) 10.59% ( ) 21.43% ( ) 22.27% ( % ( ) 26.31% ( ) 22.43% Source: Adriano and Mortgage Loans loan-by-loan files (RAs surveillance purpose) 8 ( ) 19.20% ( ) 23.73% Note: all data refer to 29 February 2012

9 AF1: Breakdown of the Payment Frequency Quarterly 0.3% Semiannual 6.2% Mortgage Loans : Breakdown of the Payment Frequency Semiannual 2.17% Monthly 93.5% Monthly 97.83% AF1: Breakdown of the Portfolio by Interest Rate Mortgage Loans : Breakdown of the Portfolio by Interest Rate Fixed 38.42% Floating 49.18% Fixed 50.82% Floating 61.58% Source: Adriano and Mortgage Loans loan-by-loan files (RAs surveillance purpose) 9 Note: all data refer to 29 February 2012

10 AF1: Breakdown by Method of Payment Mortgage Loans: Breakdown by Method of Payment RID 7.35% MAV 163% 1.63% RID 32.87% Direct Debit 60.48% MAV 6.64% Direct Debit 91.02% AF1: Breakdown of the Portfolio by Debtor Type Producer families and handcraft 15.23% Mortgage Loans : Breakdown of the Portfolio by Debtor Type Producer families and handcraft 10.34% Consumer Families 84.77% Consumer Families 89.36% Source: Adriano and Mortgage Loans loan-by-loan files (RAs surveillance purpose) 10 Note: all data refer to 29 February 2012

ECBC CB Label Transparency Template for Italian covered bond (OBG) issuers

ECBC CB Label Transparency Template for Italian covered bond (OBG) issuers General issuer information Table A. General Issuer Detail (million Euro) (million Euro) (million Euro) Key information regarding