Dutch Mortgage Portfolio Loans XI B.V. Monthly Portfolio and Performance Report. Reporting period: 1 October October 2013

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1 Monthly Portfolio and Performance Report Reporting period: 1 October October 2013 Reporting : 31 October 2013 AMOUNTS IN EURO ATC Financial Services B.V. Report Version April 2013

2 Table of Contents Key s The Mortgage Loan Portfolio Delinquencies Foreclosure Statistics - Total Foreclosure Statistics - NHG Loans Foreclosure Statistics - Non NHG Loans Performance Ratios Stratification Tables Glossary Contact Information Page This Portfolio and Performance Report has been prepared based on the Template Portfolio and Performance Report as published by the Dutch Securitisation Association and applicable as at the time of this report. The Template Portfolio and Performance Report has been recognised by PCS as part of the Domestic Market Guideline applicable to Dutch RMBS transactions. 2 of 40

3 Key s Note Class Class A Class B Class C Key s Closing 30 Jul Jul Jul 2013 First Optional Redemption 26 May May May 2019 Step Up 26 May May May 2019 Original Life 4,91 5,82 (expected) Legal 26 Aug Aug Aug 2051 Portfolio 31 Oct Oct Oct 2013 Determination Interest Payment 26 Nov Nov Nov 2013 Principal Payment 26 Nov Nov Nov 2013 Current Reporting Period 1 Oct Oct Oct Oct Oct Oct 2013 Previous Reporting Period 1 Sep Sep Sep Sep Sep Sep 2013 Accrual Start 30 Jul Jul Jul 2013 Accrual End 26 Nov Nov Nov 2013 Accrual Period (in days) Fixing Reference Rate 26 Jul of 40

4 The Mortgage Loan Portfolio Number of Mortgage Loans Number of Mortgage Loans at the beginning of the Reporting Period Matured Mortgage Loans Prepaid Mortgage Loans Further Advances / Modified Mortgage Loans Replacements Replenishments Loans repurchased by the Seller Foreclosed Mortgage Loans Others Number of Mortgage Loans at the end of the Reporting Period /- 0 -/ /- 0 -/ s Net Outstanding balance at the beginning of the Reporting Period Scheduled Principal Receipts Prepayments Further Advances / Modified Mortgage Loans Replacements Replenishments Loans repurchased by the Seller Foreclosed Mortgage Loans Others Rounding Net Outstanding balance at the end of the Reporting Period ,98 -/ ,28 -/ , /- 0 -/ ,02 of Construction Deposit Obligations Construction Deposit Obligations at the beginning of the Reporting Period Changes in Construction Deposit Obligations Construction Deposit Obligations at the end of the Reporting Period 0 0 0,00 of Saving Deposits Saving Deposit at the beginning of the Reporting Period Changes in Saving Deposits Saving Deposits at the end of the Reporting Period , , ,60 4 of 40

5 Delinquencies From ( > ) Until ( <= ) Arrears Aggregate Nr of Mortgage Not. Outstanding Not. Loans at Closing Performing 0, ,49 96,838% ,451% 94,762% <= 30 days , ,93 2,534% 95 1,985% 2,479% 30 days 60 days , ,29 0,381% 14 0,292% 0,372% 60 days 90 days 6.929, ,91 0,144% 8 0,167% 0,141% 90 days 120 days 4.330, ,00 0,056% 3 0,063% 0,055% 120 days 150 days 3.037, ,00 0,048% 2 0,042% 0,047% 150 days 180 days 0,00% 0 0,00% 0,00% 180 days > 0,00% 0 0,00% 0,00% Total , ,62 100,00% ,00% 4,80 21,12 72,87% 100,00 % N/A Mininimum 0,00 Maximum 2732,18 5 of 40

6 Foreclosure Statistics - Total Foreclosures reporting periodically Number of Mortgage Loans foreclosed during the Reporting Period Previous Period Current Period Net principal balance of Mortgage Loans foreclosed during the Reporting Period Recoveries from sales on Foreclosed Mortgage Loans during the Reporting Period -/- Total amount of losses on Foreclosed Mortgage Loans during the Reporting Period Post-Foreclosure recoveries on Foreclosed Mortgage Loans during the Reporting Period -/- Losses minus recoveries during the Reporting Period loss severity during the Reporting Period Foreclosures since Closing Number of Mortgage Loans foreclosed since the Closing Percentage of number of Mortgage Loans (%, including replenished loans) Net principal balance of Mortgage Loans foreclosed since the Closing Percentage of net principal balance at the Closing (%, including replenished loans) 0,00% 0,00% 0,00% 0,00% Net principal balance of Mortgage Loans foreclosed since the Closing Recoveries from sales on Foreclosed Mortgage Loans since the Closing -/- Total amount of losses on Mortgage Loans foreclosed since the Closing Post-Foreclosure recoveries on Mortgage Loans Foreclosed since the Closing -/- Losses minus recoveries since the Closing loss severity since the Closing Foreclosures Number of Mortgage Loans in foreclosure at the beginning of the Reporting Period Number of new Mortgage Loans in foreclosure during the Reporting Period Number of Mortgage Loans for which foreclosure was completed in the Reporting Period -/- Number of Mortgage Loans in foreclosure at the end of the Reporting Period Net principal balance of Mortgage Loans in foreclosure at the beginning of the Reporting Period Net principal balance of new Mortgage Loans in foreclosure during the Reporting Period Net principal balance of Mortgage Loans for which foreclosure was completed during the Reporting Period -/- Net principal balance of Mortgage Loans in foreclosure at the end of the Reporting Period Constant Default Rate Constant Default Rate current month Constant Default Rate 3-month average Constant Default Rate 6-month average Constant Default Rate 12-month average Constant Default Rate to date 0,00000% 0,00000% 0,00000% 0,00000% 0,00000% 0,00000% 0,00000% 0,00000% 0,00000% 0,00000% 6 of 40

7 Foreclosure Statistics - NHG Loans Foreclosures reporting periodically Number of NHG Loans foreclosed during the Reporting Period Previous Period Current Period Net principal balance of NHG Loans foreclosed during the Reporting Period Recoveries from sales on Foreclosed NHG Loans during the Reporting Period -/- Total amount of losses on Foreclosed NHG Loans during the Reporting Period Post-foreclosure recoveries on foreclosed NHG loans during the Reporting Period -/- Losses minus recoveries during the Reporting Period loss severity NHG Loans during the Reporting Period Foreclosures since Closing Net principal balance of NHG Loans foreclosed since the Closing Recoveries from sales on foreclosed NHG Loans since the Closing -/- Total amount of losses on NHG Loans foreclosed since the Closing Post-Foreclosure recoveries on NHG Loans foreclosed since the Closing -/- Losses minus recoveries since the Closing loss severity NHG Loans since the Closing Foreclosures Number of NHG Loans in foreclosure at the beginning of the Reporting Period Number of new NHG Loans in foreclosure during the Reporting Period Number of NHG Loans for which foreclosure was completed in the Reporting Period -/- Number of NHG Loans in foreclosure at the end of the Reporting Period 0 0 Net principal balance of NHG Loans in foreclosure at the beginning of the Reporting Period Net principal balance of new NHG Loans in foreclosure during the Reporting Period Net principal balance of NHG Loans for which foreclosure was completed during the Reporting Period -/- Net principal balance of NHG Loans in foreclosure at the end of the Reporting Period WEW Claims periodically Number of claims to WEW at the beginning of the Reporting Period New claims to WEW during the Reporting Period Finalised claims with WEW during the Reporting Period -/- Number of claims to WEW at the end of the Reporting Period 0 0 Notional amount of claims to WEW at the beginning of the Reporting Period Notional amount of new claims to WEW during the Reporting Period Notional amount of finalised claims with WEW during the Reporting Period -/- Notional amount of claims to WEW at the end of the Reporting Period Notional amount of finalised claims with WEW during the Reporting Period paid out by WEW during the Reporting Period Payout ratio WEW during the Reporting Period WEW Claims since Closing Number of finalised claims to WEW since the Closing of finalised claims with WEW since the Closing paid out by WEW since the Closing -/- Payout ratio WEW since the Closing Reasons for non payout as percentage of non recovered claim amount of finalised claims with WEW since the Closing paid out by WEW since the Closing -/- Non recovered amount of WEW since the Closing Insufficient guaranteed amount due to decrease with annuity amount Loan does not comply with NHG criteria at origination Other administrative reasons Other 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 0,00% 7 of 40

8 Foreclosure Statistics - Non NHG Loans Foreclosures reporting periodically Number of Non NHG Loans foreclosed during the Reporting Period Previous Period Current Period Net principal balance of Non NHG Loans foreclosed during the Reporting Period Recoveries from sales on Foreclosed Non NHG Loans during the Reporting Period -/- Total amount of losses on Foreclosed Non NHG Loans during the Reporting Period Post-foreclosure recoveries on Foreclosed Non NHG Loans during the Reporting Period -/- Losses minus recoveries during the Reporting Period loss severity Non NHG Loans during the Reporting Period Foreclosures since Closing Net principal balance of Non NHG loans foreclosed since the Closing Recoveries from sales on foreclosed Non NHG Loans since the Closing -/- Total amount of losses on Non NHG Loans foreclosed since the Closing Post-Foreclosure recoveries on Non NHG Loans foreclosed since the Closing -/- Losses minus recoveries since the Closing loss severity Non NHG Loans since the Closing Foreclosures Number of Non NHG Loans in foreclosure at the beginning of the Reporting Period Number of new Non NHG Loans in foreclosure during the Reporting Period Number of Non NHG Loans for which foreclosure was completed in the Reporting Period -/- Number of Non NHG Loans in foreclosure at the end of the Reporting Period 0 0 Net principal balance of Non NHG Loans in foreclosure at the beginning of the Reporting Period Net principal balance of new Non NHG Loans in foreclosure during the Reporting Period Net principal balance of Non NHG Loans for which foreclosure was completed during the Reporting Period -/- Net principal balance of Non NHG Loans in foreclosure at the end of the Reporting Period 8 of 40

9 Performance Ratios Previous Period Current Period Constant Prepayment Rate (CPR) Annualized Life CPR Annualized 1-month average CPR Annualized 3-month average CPR N/A 6,26% N/A 2,26% N/A 3,56% Annualized 6-month average CPR Annualized 12-month average CPR N/A N/A N/A N/A Principal Payment Rate (PPR) Annualized Life PPR Annualized 1-month average PPR Annualized 3-month average PPR N/A 0,04% N/A 0,04% N/A 0,04% Annualized 6-month average PPR Annualized 12-month average PPR N/A N/A N/A N/A Payment Ratio Periodic Payment Ratio N/A 97,80% 9 of 40

10 Stratifications 1. Key Characteristics Description As per Reporting As per Closing Principal amount Value of savings deposits Net principal balance Construction Deposits Net principal balance excl. Construction and Saving Deposits Number of loans Number of loanparts principal balance (borrower) average current interest rate average maturity (in years) average remaining time to interest reset (in years) average seasoning (in years) average average CLTIMV average CLTOFV , , , , , , , , , ,05 4,80% 4,81% 21,12 21,72 6,57 6,96 7,62 7,14 72,87% 72,99% 72,87% 79,62% 85,73% 85,87% average CLTIFV 85,73% 93,67% 10 of 40

11 2. Redemption Type Description Nr of Loanparts Not. Annuity ,11 0,93% 193 2,25% 4,71% 19,76 72,60% Bank Savings Interest Only ,05 66,10% ,38% 4,72% 22,12 67,75% Hybrid Investments ,09 25,46% ,80% 4,91% 19,99 85,24% Life Insurance ,51 2,36% 224 2,61% 4,70% 15,83 79,82% Lineair ,58 0,05% 10 0,12% 4,70% 21,98 77,17% Savings ,28 5,10% 502 5,85% 5,29% 16,42 74,31% Other Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 11 of 40

12 3. Outstanding Loan From (>) - Until (<=) Nr of Loans Not. <= ,08 0,30% 146 3,05% 4,74% 19,68 8,74% 25,000-50, ,22 1,24% 259 5,41% 4,66% 18,68 20,14% 50,000-75, ,45 2,55% 328 6,85% 4,69% 19,73 33,02% 75, , ,52 4,65% 432 9,02% 4,68% 19,48 44,17% 100, , ,11 16,25% ,21% 4,71% 20,41 60,58% 150, , ,76 20,83% ,70% 4,74% 21,04 71,50% 200, , ,64 16,43% ,70% 4,82% 21,22 79,26% 250, , ,81 15,56% 472 9,86% 4,96% 21,73 85,00% 300, , ,48 9,03% 232 4,85% 4,90% 21,94 85,77% 350, , ,36 5,31% 118 2,47% 4,77% 22,05 83,72% 400, , ,54 3,38% 66 1,38% 4,77% 21,29 77,96% 450, , ,60 2,17% 38 0,79% 4,83% 21,55 85,69% 500, , ,21 1,46% 23 0,48% 4,60% 21,62 84,94% 550, , ,00 0,21% 3 0,06% 4,92% 22,84 80,85% 600, , ,84 0,30% 4 0,08% 5,06% 23,49 92,66% 650, , ,00 0,08% 1 0,02% 4,89% 24,63 102,06% 700, , ,00 0,17% 2 0,04% 5,67% 21,20 97,53% 750, , ,00 0,10% 1 0,02% 5,12% 24,64 106,25% 800, , , , , , ,000-1,000,000 < Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% ,03 Minimum 921 Maximum 800, of 40

13 4. Origination Year From (>) - Until (<=) Nr of Loanparts Not. <= ,57 0,71% 96 1,12% 4,91% 12,29 42,05% ,14 1,52% 164 1,91% 4,64% 12,99 48,13% ,05 1,20% 162 1,89% 4,84% 14,15 48,92% ,82 1,31% 156 1,82% 4,48% 16,11 52,70% ,95 0,84% 106 1,23% 4,62% 15,39 57,70% ,93 0,91% 119 1,39% 4,85% 15,87 63,01% ,91 2,19% 234 2,73% 4,69% 17,22 69,10% ,57 3,93% 387 4,51% 4,59% 18,28 66,97% ,72 13,12% ,91% 4,64% 19,37 62,88% ,88 11,04% ,57% 4,43% 20,31 61,47% ,30 18,50% ,58% 4,55% 21,37 69,22% ,03 18,12% ,11% 4,91% 22,48 84,23% ,02 22,81% ,42% 5,19% 23,60 83,84% ,69 3,64% 318 3,70% 5,22% 23,41 82,35% ,04 0,15% 11 0,13% 4,91% 22,85 82,67% > Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 2006 Minimum 1994 Maximum of 40

14 5. Seasoning From (>) - Until (<=) Nr of Loanparts Not. 1 Year 1 Year - 2 Years 2 Years - 3 Years 3 Years - 4 Years ,61 0,40% 38 0,44% 4,81% 21,81 80,21% 4 Years - 5 Years ,12 4,57% 384 4,47% 5,34% 23,59 83,20% 5 Years - 6 Years ,90 23,38% ,68% 5,17% 23,57 83,45% 6 Years - 7 Years ,63 20,96% ,87% 4,83% 22,20 82,57% 7 Years - 8 Years ,24 15,90% ,37% 4,49% 21,19 66,56% 8 Years - 9 Years ,99 11,38% ,31% 4,47% 20,19 61,57% 9 Years - 10 Years ,48 12,01% ,60% 4,66% 19,28 63,42% 10 Years - 11 Years ,97 3,20% 323 3,76% 4,61% 17,61 66,75% 11 Years - 12 Years ,72 2,03% 223 2,60% 4,67% 17,27 70,55% 12 Years - 13 Years ,92 0,68% 89 1,04% 4,72% 16,12 60,31% 13 Years - 14 Years ,36 0,99% 119 1,39% 4,71% 15,38 61,16% 14 Years - 15 Years ,14 1,42% 180 2,10% 4,52% 15,88 48,51% 15 Years - 16 Years ,72 1,14% 149 1,74% 4,75% 13,35 50,75% 16 Years - 17 Years ,33 1,44% 158 1,84% 4,68% 13,30 45,86% 17 Years - 18 Years ,52 0,23% 28 0,33% 4,88% 14,22 44,10% 18 Years - 19 Years ,34 0,14% 20 0,23% 4,87% 10,17 45,09% 19 Years - 20 Years ,63 0,14% 21 0,24% 5,33% 10,05 37,98% 20 Years - 21 Years 21 Years - 22 Years 22 Years - 23 Years 23 Years - 24 Years 24 Years - 25 Years 25 Years - 26 Years 26 Years - 27 Years 27 Years - 28 Years 28 Years - 29 Years 29 Years - 30 Years 30 Years > Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% Minimum Maximum 8 Years 4 Years 20 Years 14 of 40

15 6. Legal From (>) - Until (<=) Nr of Loanparts Not ,15 0,21% 34 0,40% 5,15% 0,57 49,79% ,00 1,30% 184 2,14% 4,73% 4,90 59,39% ,10 3,30% 348 4,05% 5,00% 10,07 60,50% ,91 9,46% ,52% 4,74% 14,80 66,95% ,72 32,08% ,27% 4,61% 20,28 67,12% ,73 53,31% ,17% 4,91% 23,82 78,70% ,54 0,09% 8 0,09% 4,70% 29,32 70,44% ,47 0,25% 30 0,35% 3,94% 34,43 44,88% > Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 2034 Minimum 2013 Maximum of 40

16 7. Remaining Tenor From (>=) - Until (<) Nr of Loanparts Not. < 0 Year 0 Year - 1 Year ,28 0,04% 7 0,08% 4,59% -0,19 58,48% 1 Year - 2 Years ,01 0,12% 17 0,20% 5,49% 0,53 38,15% 2 Years - 3 Years ,86 0,05% 10 0,12% 4,79% 1,44 72,10% 3 Years - 4 Years ,14 0,07% 15 0,17% 4,47% 2,64 44,86% 4 Years - 5 Years ,13 0,38% 46 0,54% 4,78% 3,61 53,85% 5 Years - 6 Years ,21 0,25% 37 0,43% 4,73% 4,65 60,49% 6 Years - 7 Years ,28 0,31% 50 0,58% 4,82% 5,60 59,59% 7 Years - 8 Years ,24 0,29% 36 0,42% 4,64% 6,59 68,88% 8 Years - 9 Years ,46 0,33% 40 0,47% 5,01% 7,61 64,73% 9 Years - 10 Years ,09 0,53% 53 0,62% 5,14% 8,71 56,74% 10 Years - 11 Years ,39 0,59% 63 0,73% 5,05% 9,65 68,53% 11 Years - 12 Years ,48 1,01% 111 1,29% 5,01% 10,57 53,90% 12 Years - 13 Years ,68 0,85% 81 0,94% 4,87% 11,58 63,40% 13 Years - 14 Years ,04 1,31% 132 1,54% 4,82% 12,68 63,88% 14 Years - 15 Years ,84 2,06% 206 2,40% 4,75% 13,63 63,60% 15 Years - 16 Years ,81 2,05% 223 2,60% 4,80% 14,62 67,01% 16 Years - 17 Years ,91 1,79% 207 2,41% 4,66% 15,57 64,56% 17 Years - 18 Years ,31 2,25% 221 2,57% 4,70% 16,64 73,66% 18 Years - 19 Years ,95 3,23% 312 3,63% 4,69% 17,63 71,85% 19 Years - 20 Years ,29 3,23% 302 3,52% 4,70% 18,63 75,43% 20 Years - 21 Years ,16 4,21% 370 4,31% 4,69% 19,65 75,03% 21 Years - 22 Years ,82 11,14% ,29% 4,67% 20,62 64,21% 22 Years - 23 Years ,50 10,27% ,53% 4,46% 21,54 62,93% 23 Years - 24 Years ,70 14,92% ,17% 4,51% 22,72 68,39% 24 Years - 25 Years ,93 15,66% ,94% 4,89% 23,52 83,10% 25 Years - 26 Years ,16 19,48% ,88% 5,18% 24,63 82,61% 26 Years - 27 Years ,74 3,02% 245 2,85% 5,33% 25,44 81,70% 27 Years - 28 Years ,20 0,22% 28 0,33% 4,65% 26,32 77,60% 28 Years - 29 Years 29 Years - 30 Years ,60 0,07% 5 0,06% 4,57% 28,97 76,54% 30 Years >= ,41 0,28% 33 0,38% 4,04% 34,04 45,81% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% Minimum Maximum 21 Years 0 Years 36 Years 16 of 40

17 8. Original Loan To Original Foreclosure Value From (>) - Until (<=) Nr of Loans Not. NHG ,96 0,39% 20 0,42% 4,27% 19,10 56,80% <= 10 % ,79 0,20% 87 1,82% 4,60% 19,46 6,46% 10 % - 20 % ,38 0,90% 189 3,95% 4,61% 19,75 13,13% 20 % - 30 % ,33 1,51% 194 4,05% 4,71% 19,96 21,05% 30 % - 40 % ,86 2,73% 245 5,12% 4,68% 19,73 29,20% 40 % - 50 % ,23 4,61% 338 7,06% 4,64% 19,93 37,42% 50 % - 60 % ,97 6,82% 413 8,63% 4,56% 19,98 45,49% 60 % - 70 % ,23 10,26% ,32% 4,62% 20,08 53,80% 70 % - 80 % ,72 14,93% ,54% 4,65% 21,09 61,38% 80 % - 90 % ,10 9,09% 369 7,71% 4,71% 20,51 71,07% 90 % % ,70 7,64% 287 6,00% 4,74% 20,50 79,98% 100 % % ,72 15,90% ,18% 4,93% 21,83 89,01% 110 % % ,62 10,66% 373 7,79% 5,06% 22,10 96,73% 120 % % ,81 14,17% ,26% 5,05% 22,56 103,47% 130 % % ,34 0,12% 4 0,08% 4,96% 22,59 101,82% 140 % % ,00 0,02% 1 0,02% 5,40% 23,88 123,90% 150 % > ,86 0,05% 3 0,06% 4,39% 19,34 92,47% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 17 of 40

18 9. Current Loan To Original Foreclosure Value From (>) - Until (<=) Nr of Loans Not. NHG ,96 0,39% 20 0,42% 4,27% 19,10 56,80% <= 10 % ,86 0,25% 108 2,26% 4,57% 19,60 6,35% 10 % - 20 % ,79 1,11% 221 4,62% 4,58% 19,72 13,59% 20 % - 30 % ,95 1,82% 220 4,60% 4,70% 19,69 21,94% 30 % - 40 % ,68 3,24% 283 5,91% 4,67% 19,80 29,98% 40 % - 50 % ,79 5,33% 374 7,81% 4,65% 19,77 38,56% 50 % - 60 % ,88 7,24% 417 8,71% 4,57% 19,87 47,06% 60 % - 70 % ,39 10,75% ,43% 4,60% 20,26 55,53% 70 % - 80 % ,40 13,80% ,83% 4,66% 21,10 63,11% 80 % - 90 % ,52 9,34% 380 7,94% 4,71% 20,66 72,73% 90 % % ,50 7,96% 283 5,91% 4,76% 20,67 81,38% 100 % % ,92 15,41% ,61% 4,97% 21,98 90,42% 110 % % ,42 10,78% 369 7,71% 5,07% 22,15 97,99% 120 % % ,86 12,50% 440 9,19% 5,05% 22,60 104,87% 130 % % ,00 0,03% 1 0,02% 5,02% 23,36 112,36% 140 % % ,00 0,02% 1 0,02% 5,40% 23,88 123,90% 150 % > ,70 0,02% 1 0,02% 4,70% 20,50 138,21% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 18 of 40

19 10. Current Loan To Indexed Foreclosure Value From (>) - Until (<=) Nr of Loans Not. NHG ,96 0,39% 20 0,42% 4,27% 19,10 56,80% <= 10 % ,86 0,25% 108 2,26% 4,57% 19,60 6,35% 10 % - 20 % ,79 1,11% 221 4,62% 4,58% 19,72 13,59% 20 % - 30 % ,95 1,82% 220 4,60% 4,70% 19,69 21,94% 30 % - 40 % ,68 3,24% 283 5,91% 4,67% 19,80 29,98% 40 % - 50 % ,79 5,33% 374 7,81% 4,65% 19,77 38,56% 50 % - 60 % ,88 7,24% 417 8,71% 4,57% 19,87 47,06% 60 % - 70 % ,39 10,75% ,43% 4,60% 20,26 55,53% 70 % - 80 % ,40 13,80% ,83% 4,66% 21,10 63,11% 80 % - 90 % ,52 9,34% 380 7,94% 4,71% 20,66 72,73% 90 % % ,50 7,96% 283 5,91% 4,76% 20,67 81,38% 100 % % ,48 15,40% ,59% 4,97% 21,98 90,42% 110 % % ,31 10,73% 368 7,69% 5,07% 22,14 97,96% 120 % % ,41 12,57% 442 9,23% 5,05% 22,60 104,85% 130 % % ,00 0,03% 1 0,02% 5,02% 23,36 112,36% 140 % % ,00 0,02% 1 0,02% 5,40% 23,88 123,90% 150 % > ,70 0,02% 1 0,02% 4,70% 20,50 138,21% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 19 of 40

20 11. Original Loan To Original Market Value From (>) - Until (<=) Nr of Loans Not. NHG ,96 0,39% 20 0,42% 4,27% 19,10 56,80% <= 10 % ,23 0,29% 115 2,40% 4,78% 18,89 7,30% 10 % - 20 % ,63 1,18% 215 4,49% 4,66% 19,46 14,92% 20 % - 30 % ,83 2,51% 270 5,64% 4,67% 19,98 24,85% 30 % - 40 % ,68 4,44% 348 7,27% 4,64% 20,05 34,55% 40 % - 50 % ,95 7,25% 457 9,55% 4,57% 19,96 43,88% 50 % - 60 % ,04 12,17% ,45% 4,62% 20,02 53,63% 60 % - 70 % ,48 15,87% ,37% 4,66% 21,10 62,12% 70 % - 80 % ,13 9,87% 390 8,15% 4,71% 20,25 73,47% 80 % - 90 % ,68 11,73% 415 8,67% 4,85% 21,29 84,27% 90 % % ,92 16,63% ,89% 4,97% 21,98 92,79% 100 % % ,89 17,47% ,53% 5,08% 22,56 102,82% 110 % % ,34 0,12% 4 0,08% 4,96% 22,59 101,82% 120 % % ,00 0,02% 1 0,02% 5,40% 23,88 123,90% 130 % % ,00 0,01% 1 0,02% 3,40% 20,92 63,75% 140 % % 150 % > ,86 0,04% 2 0,04% 4,65% 18,93 99,94% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 20 of 40

21 12. Current Loan To Original Market Value From (>) - Until (<=) Nr of Loans Not. NHG ,96 0,39% 20 0,42% 4,27% 19,10 56,80% <= 10 % ,77 0,36% 141 2,95% 4,76% 19,19 7,23% 10 % - 20 % ,03 1,48% 254 5,31% 4,63% 19,50 15,51% 20 % - 30 % ,98 3,01% 304 6,35% 4,63% 19,87 25,76% 30 % - 40 % ,30 5,25% 396 8,27% 4,66% 19,91 35,72% 40 % - 50 % ,15 7,84% 470 9,82% 4,59% 19,82 45,39% 50 % - 60 % ,18 12,58% ,33% 4,61% 20,19 55,37% 60 % - 70 % ,00 14,76% ,72% 4,68% 21,16 63,97% 70 % - 80 % ,43 10,15% 401 8,38% 4,71% 20,35 74,80% 80 % - 90 % ,89 12,15% 409 8,54% 4,89% 21,52 85,75% 90 % % ,86 16,17% ,47% 4,98% 22,01 94,24% 100 % % ,37 15,80% ,39% 5,08% 22,61 104,08% 110 % % ,00 0,03% 1 0,02% 5,02% 23,36 112,36% 120 % % ,00 0,02% 1 0,02% 5,40% 23,88 123,90% 130 % % ,70 0,02% 1 0,02% 4,70% 20,50 138,21% 140 % % 150 % > Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 21 of 40

22 13. Current Loan To Indexed Market Value From (>) - Until (<=) Nr of Loans Not. NHG ,96 0,39% 20 0,42% 4,27% 19,10 56,80% <= 10 % ,77 0,36% 141 2,95% 4,76% 19,19 7,23% 10 % - 20 % ,03 1,48% 254 5,31% 4,63% 19,50 15,51% 20 % - 30 % ,98 3,01% 304 6,35% 4,63% 19,87 25,76% 30 % - 40 % ,30 5,25% 396 8,27% 4,66% 19,91 35,72% 40 % - 50 % ,15 7,84% 470 9,82% 4,59% 19,82 45,39% 50 % - 60 % ,18 12,60% ,35% 4,61% 20,19 55,38% 60 % - 70 % ,00 14,74% ,70% 4,68% 21,16 63,98% 70 % - 80 % ,43 10,15% 401 8,38% 4,71% 20,35 74,80% 80 % - 90 % ,89 12,15% 409 8,54% 4,89% 21,52 85,75% 90 % % ,86 16,17% ,47% 4,98% 22,01 94,24% 100 % % ,37 15,80% ,39% 5,08% 22,61 104,08% 110 % % ,00 0,03% 1 0,02% 5,02% 23,36 112,36% 120 % % ,00 0,02% 1 0,02% 5,40% 23,88 123,90% 130 % % ,70 0,02% 1 0,02% 4,70% 20,50 138,21% 140 % % 150 % > Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 22 of 40

23 14. Loanpart (interest rate bucket) From (>) - Until (<=) Nr of Loanparts Not. <= 0.5 % 0.5 % % 1.0 % % ,00 0,06% 4 0,05% 1,18% 24,51 102,03% 1.5 % % 2.0 % % 2.5 % % ,00 0,01% 1 0,01% 2,93% 22,33 63,71% 3.0 % % ,77 6,40% 660 7,69% 3,43% 19,88 53,55% 3.5 % % ,36 7,14% 575 6,70% 3,75% 20,35 73,21% 4.0 % % ,18 15,10% ,15% 4,34% 20,54 62,92% 4.5 % % ,09 30,93% ,35% 4,80% 21,10 72,91% 5.0 % % ,80 30,97% ,25% 5,24% 21,98 79,77% 5.5 % % ,70 7,94% 746 8,69% 5,72% 21,13 80,06% 6.0 % % ,72 1,18% 148 1,72% 6,20% 19,11 73,13% 6.5 % % ,11 0,18% 23 0,27% 6,72% 15,86 73,65% 7.0 % > ,89 0,08% 11 0,13% 7,33% 7,10 38,48% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 4.8 % Minimum 1.2 % Maximum 8.0 % 23 of 40

24 15. Remaining Interest Rate Fixed Period From (>=) - Until (<) Nr of Loanparts Not. < 12 Months ,04 19,57% ,66% 4,09% 19,71 65,29% 12 Months - 24 Months ,54 5,83% 582 6,78% 4,70% 19,64 64,44% 24 Months - 36 Months ,02 11,25% ,34% 4,54% 20,33 64,58% 36 Months - 48 Months ,25 12,88% ,29% 4,84% 21,58 77,71% 48 Months - 60 Months ,00 14,40% ,70% 5,07% 22,82 79,28% 60 Months - 72 Months ,31 3,73% 361 4,20% 5,52% 20,75 73,29% 72 Months - 84 Months ,04 1,22% 127 1,48% 5,00% 18,88 66,13% 84 Months - 96 Months ,72 2,94% 258 3,00% 4,68% 19,30 66,89% 96 Months Months ,89 1,95% 192 2,24% 5,15% 20,44 71,56% 108 Months Months ,88 1,79% 156 1,82% 5,38% 19,97 73,88% 120 Months Months ,43 0,52% 50 0,58% 5,98% 18,64 67,18% 132 Months Months ,32 0,74% 77 0,90% 4,93% 17,99 65,98% 144 Months Months ,96 3,55% 292 3,40% 4,72% 19,85 66,71% 156 Months Months ,37 3,79% 293 3,41% 5,04% 21,71 80,08% 168 Months Months ,02 4,99% 336 3,91% 5,34% 22,85 83,65% 180 Months Months ,74 0,82% 59 0,69% 5,65% 23,49 88,62% 192 Months Months ,60 0,07% 7 0,08% 4,81% 17,14 62,38% 204 Months Months ,05 0,70% 44 0,51% 4,87% 20,34 76,26% 216 Months Months ,94 0,66% 44 0,51% 5,09% 20,75 87,82% 228 Months Months ,00 0,39% 28 0,33% 5,41% 21,48 92,68% 240 Months Months ,25 0,10% 9 0,10% 5,97% 20,86 80,61% 252 Months Months ,00 0,06% 4 0,05% 4,82% 21,46 52,20% 264 Months Months ,04 0,67% 41 0,48% 4,86% 22,52 66,36% 276 Months Months ,15 2,84% 212 2,47% 5,02% 23,45 79,36% 288 Months Months ,70 4,02% 235 2,74% 5,36% 24,57 85,93% 300 Months Months ,36 0,50% 29 0,34% 5,54% 25,24 95,72% 312 Months Months 324 Months Months 336 Months Months 348 Months Months 360 Months >= Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% Minimum Maximum 79 Months 0 Months 311 Months 24 of 40

25 16. Interest Payment Type Description Nr of Loanparts Not. Floating ,14 13,55% ,53% 3,61% 20,00 66,19% Fixed ,48 86,45% ,47% 4,98% 21,29 73,92% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 25 of 40

26 17. Property Description Description Nr of Borrowers Not. House ,67 87,57% ,53% 4,80% 21,00 72,53% Apartment ,87 10,82% ,35% 4,77% 21,93 77,22% House/Business (<50%) ,46 0,18% 7 0,15% 4,35% 21,36 66,84% House/Business (>50%) ,62 1,43% 47 0,98% 4,69% 21,89 61,34% Business Other Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 26 of 40

27 18. Geographical Distribution (by province) Province Nr of Loans Not. Drenthe ,46 2,95% 164 3,43% 4,79% 20,83 70,66% Flevoland ,53 2,65% 128 2,67% 4,63% 20,33 79,46% Friesland ,39 2,02% 125 2,61% 4,70% 20,84 63,40% Gelderland ,30 11,69% ,24% 4,76% 21,33 72,00% Groningen ,24 2,46% 155 3,24% 4,73% 20,73 71,58% Limburg ,85 3,09% 167 3,49% 4,89% 21,19 72,10% Noord-Brabant ,83 20,33% ,01% 4,80% 21,07 70,88% Noord-Holland ,24 17,25% ,32% 4,74% 20,75 70,41% Overijssel ,98 7,33% 392 8,19% 4,71% 21,41 70,45% Utrecht ,12 8,40% 357 7,46% 4,84% 20,99 73,82% Zeeland ,76 2,71% 137 2,86% 4,96% 21,48 74,67% Zuid-Holland ,92 19,10% ,48% 4,89% 21,48 78,72% Unknown/Not specified Total ,62 100,00% ,00% 4,80% 21,12 72,87% 27 of 40

28 19. Geographical Distribution (by economic region) Economic Region Nr of Loans Not. NL111 - Oost-Groningen ,05 0,92% 61 1,27% 4,90% 21,19 71,23% NL112 - Delfzijl en omgeving ,80 0,10% 9 0,19% 4,40% 18,83 60,59% NL113- Overig Groningen ,39 1,45% 85 1,78% 4,64% 20,56 72,55% NL121- Noord-Friesland ,13 1,00% 64 1,34% 4,69% 20,56 66,24% NL122- Zuidwest-Friesland ,25 0,31% 21 0,44% 4,85% 21,13 56,25% NL123- Zuidoost-Friesland ,01 0,71% 40 0,84% 4,67% 21,10 62,56% NL131- Noord-Drenthe ,06 1,30% 63 1,32% 4,90% 20,55 75,68% NL132- Zuidoost-Drenthe ,59 0,75% 44 0,92% 4,72% 20,69 69,53% NL133- Zuidwest-Drenthe ,81 0,90% 57 1,19% 4,69% 21,35 64,35% NL211- Noord-Overijssel ,40 3,17% 165 3,45% 4,64% 21,49 69,98% NL212- Zuidwest-Overijssel ,04 1,03% 53 1,11% 4,87% 21,37 69,37% NL213- Twente ,54 3,13% 174 3,63% 4,73% 21,34 71,28% NL221- Veluwe ,97 3,55% 159 3,32% 4,73% 21,22 72,61% NL224- Zuidwest-Gelderland ,64 2,02% 85 1,78% 4,67% 20,96 68,77% NL225- Achterhoek ,67 2,32% 117 2,44% 4,73% 21,26 67,58% NL226- Arnhem/Nijmegen ,02 3,80% 177 3,70% 4,85% 21,67 75,83% NL230- Flevoland ,53 2,65% 128 2,67% 4,63% 20,33 79,46% NL310- Utrecht ,12 8,40% 357 7,46% 4,84% 20,99 73,82% NL321- Kop van Noord-Holland ,23 2,90% 152 3,18% 4,79% 20,68 67,31% NL322- Alkmaar en omgeving ,49 3,28% 172 3,59% 4,65% 20,36 67,23% NL323- IJmond ,56 1,26% 61 1,27% 4,66% 20,24 69,11% NL324- Agglomeratie Haarlem ,59 1,92% 88 1,84% 4,74% 20,60 66,18% NL325- Zaanstreek ,75 0,86% 45 0,94% 4,81% 21,30 73,40% NL326- Groot-Amsterdam ,76 5,32% 236 4,93% 4,74% 21,09 75,16% NL327- Het Gooi en Vechtstreek ,86 1,72% 75 1,57% 4,88% 20,85 71,17% NL331- Agglomeratie Leiden en Bollenstreek ,07 2,51% 100 2,09% 4,92% 21,54 75,94% NL332- Agglomeratie 's-gravenhage ,13 4,02% 173 3,61% 4,92% 21,76 81,90% NL333- Delft en Westland ,92 1,02% 35 0,73% 4,99% 22,03 83,13% NL334- Oost-Zuid-Holland ,98 2,18% 94 1,96% 5,02% 21,47 76,78% NL335- Groot-Rijnmond ,65 7,42% 344 7,19% 4,84% 21,15 77,72% NL336- Zuidoost-Zuid-Holland ,17 1,96% 91 1,90% 4,79% 21,82 79,44% NL341- Zeeuwsch-Vlaanderen ,13 0,61% 31 0,65% 5,20% 22,75 81,92% NL342- Overig Zeeland ,63 2,10% 106 2,21% 4,89% 21,11 72,55% NL411- West-Noord-Brabant ,16 5,20% 232 4,85% 4,86% 21,27 73,46% NL412- Midden-Noord-Brabant ,33 3,64% 172 3,59% 4,79% 21,12 66,58% NL413- Noordoost-Noord-Brabant ,61 7,62% 368 7,69% 4,76% 21,01 70,55% NL414- Zuidoost-Noord-Brabant ,73 3,88% 186 3,89% 4,82% 20,87 72,08% NL421- Noord-Limburg ,10 0,61% 30 0,63% 4,89% 20,62 74,23% NL422- Midden-Limburg ,45 0,91% 52 1,09% 4,87% 21,26 69,65% NL423- Zuid-Limburg ,30 1,57% 85 1,78% 4,90% 21,38 72,70% Unknown/Not specified Total ,62 100,00% ,00% 4,80% 21,12 72,87% 28 of 40

29 20. Construction Deposits (% of net princ. amount) From (>) - Until (<=) Nr of Borrowers Not. <= 0 % 0 % - 10 % 10 % - 20 % 20 % - 30 % 30 % - 40 % 40 % - 50 % 50 % - 60 % 60 % - 70 % 70 % - 80 % 80 % - 90 % 90 % % 100 % > Not Applicable ,62 100,00% ,00% 4,80% 21,12 72,87% Total ,62 100,00% ,00% 4,80% 21,12 72,87% 0 % Minimum 0 % Maximum 0 % 29 of 40

30 21. Occupancy Description Nr of Borrowers Not. Owner Occupied ,62 100,00% ,00% 4,80% 21,12 72,87% Buy-to-let Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 30 of 40

31 22. Employment Status Borrower Description Nr of Borrowers Not. Employed Self Employed Student Other Unknown ,62 100,00% ,00% 4,80% 21,12 72,87% Total ,62 100,00% ,00% 4,80% 21,12 72,87% 31 of 40

32 23. Loan To Income From (>) - Until (<=) Nr of Borrowers Not. Self Certified <= > Unknown ,62 100,00% ,00% 4,80% 21,12 72,87% Total ,62 100,00% ,00% 4,80% 21,12 72,87% 0.0 Minimum 0.0 Maximum of 40

33 24. Debt Service to Income From (>) - Until (<=) Nr of Borrowers Not. <= 5 % 5 % - 10 % 10 % - 15 % 15 % - 20 % 20 % - 25 % 25 % - 30 % 30 % - 35 % 35 % - 40 % 40 % - 45 % 45 % - 50 % 50 % - 55 % 55 % - 60 % 60 % - 65 % 65 % - 70 % 70 % > Unknown ,62 100,00% ,00% 4,80% 21,12 72,87% Total ,62 100,00% ,00% 4,80% 21,12 72,87% 0 % Minimum 0 % Maximum 0 % 33 of 40

34 25. Loanpart Payment Frequency Description Nr of Loans Not. Monthly ,62 100,00% ,00% 4,80% 21,12 72,87% Quarterly Semi-annualy Annualy Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 34 of 40

35 26. Guarantee Type Description Nr of Loans Not. NHG Guarantee ,96 0,39% 20 0,42% 4,27% 19,10 56,80% Non-NHG Guarantee ,66 99,61% ,58% 4,80% 21,12 72,93% Unknown Total ,62 100,00% ,00% 4,80% 21,12 72,87% 35 of 40

36 27. Originator Originator Nr of Loans Not. Achmea Hypotheek Bank N.V ,62 100,00% ,00% 4,80% 21,12 72,87% Total ,62 100,00% ,00% 4,80% 21,12 72,87% 36 of 40

37 28. Servicer Servicer Nr of Loans Not. Achmea Hypotheek Bank N.V ,62 100,00% ,00% 4,80% 21,12 72,87% Total ,62 100,00% ,00% 4,80% 21,12 72,87% 37 of 40

38 29. Capital Insurance Insurance Policy Provider Nr of Loans Not. No policy attached ,62 100,00% ,00% 4,80% 21,12 72,87% Total ,62 100,00% ,00% 4,80% 21,12 72,87% 38 of 40

39 Glossary Term Arrears Article 122a CRD Back-Up Servicer Cash Advance Facility Cash Advance Facility Maximum Cash Advance Facility Provider Cash Advance Facility Stand-by Drawing Account Constant Default Rate (CDR) Constant Prepayment Rate (CPR) Construction Deposit Construction Deposit Guarantee Credit Enhancement Credit Rating Curr. Loan to Original Foreclosure Value (CLTOFV) Current Loan to Indexed Foreclosure Value (CLTIFV) Current Loan to Indexed Market Value (CLTIMV) Current Loan to Original Market Value () Cut-Off Day Count Convention Debt Service to Income Deferred Purchase Price Deferred Purchase Price Installment Delinquency Economic Region Excess Margin Excess Spread Margin Final First Optional Redemption Foreclosed Mortgage Loan Foreclosed NHG Loan Foreclosed Non NHG Loan Foreclosure Foreclosure Value Further Advances / Modified Loans Indexed Foreclosure Value Indexed Market Value Interest Rate Fixed Period Issuer Account Bank Issuer Collection Account Loan to Income (LTI) Loanpart Payment Frequency Loanpart(s) Loss Loss Severity Definition / Calculation means payments of interest and/or principal which have not been received at the contractually scheduled date and have not been received as of the reporting date; means directive 2006/48/EC of the European Parliament and of the Council, as amended by directive 2009/111/EC; N/A; means the cash advance facility as agreed in the Cash Advance Facility Agreement between the Cash Advance Facility Provider, the Issuer and the Security Trustee dated the Signing ; means an amount equal to the greater of (a) (i) 2.00 per cent. of the Principal Outstanding of the Notes, other than the Class C Notes, on such date and (ii) 1.00 per cent. of the Principal Outstanding of the Notes, other than the Class C Notes, as at the Closing or means N.V. Bank Nederlandse Gemeenten or its successor or successors; means the bank account of the Issuer designated as such in the Issuer Account Agreement; represents the percentage of outstanding principal balances in the pool that are in default in relation to the principal balance of the mortgage pool; means prepayment as annualised ratio of the principal mortgage balance outstanding at the beginning of the relevant period; means in relation to a Mortgage Loan, that part of the Mortgage Loan which the relevant Borrower requested to be disbursed into a blocked account held in his name with the relevant Seller, the proceeds of which may be applied towards construction of, or improvements to, the N/A; means with respect to the Notes & Cash report the interest rate payable on the relevant Notes and with respect to the the Monthly Performance and Portfolio Report the interest coupons appertaining to the Mortgage Loans; The combined structural features that improve the credit worthiness of the respective notes. Types of credit enhancement might consist of subordinated notes, excess spread and a reserve account; means the rating assigned by the Credit Rating Agencies which reflects their opinion of the credit worthiness of the Notes; means the ratio calculated by dividing the Outstanding Principal of a Mortgage Receivable by the Original Foreclosure Value; means the ratio calculated by dividing the Outstanding Principal of a Mortgage Receivable by the Indexed Foreclosure Value; means the ratio calculated by dividing the Outstanding Principal of a Mortgage Receivable by the Indexed Market Value; means the ratio calculated by dividing the Outstanding Principal of a Mortgage Receivable by the Original Market Value; means 31 May 2013 and in respect of New Mortgage Receivables the date as of which such New Mortgage Receivables are purchased; means actual/360 (for the notes); means the ratio calculated by dividing the amount a Borrower is required to pay (interest and principal repayments) on an annual basis by the Borrower's disposable income; means part of the purchase price for the Mortgage Receivables equal to the sum of all Deferred Purchase Price Instalments; means, after application of the relevant available amounts in accordance with the relevant Priority of Payments, any amount remaining after all items ranking higher than the item relating to the Deferred Purchase Price have been satisfied; refers to Arrears; means the economic region based on the Nomenclature of Territorial Units for Statistics (NUTS); means, on each Notes Payment, an amount equal (a) to 0.35 per cent. per annum multiplied by the aggregate Outstanding Principal of the Mortgage Receivables less in respect of each Savings Mortgage Receivable, Life Mortgage Receivable with a Savings Element means 0.35 per cent. per annum; means the Notes Payment falling in August 2051; means the Notes Payment falling in May 2019; means a Mortgage Loan of which the Mortgaged Asset is sold by public auction ("forced sale"); means a Foreclosed Mortgage Loan that does qualify as an NHG Loan; means a Foreclosed Mortgage Loan that does not qualify as an NHG Loan; means the process in which the lender forces the termination of the mortgage loan and sells and/or liquidates all collateral to recover the outstanding loan amount and other claims, including but not limited to, missed interest payments and foreclosure costs; means the foreclosure value of the Mortgaged Asset; means a loan or a further advance to be made to a Borrower under a Mortgage Loan, which is secured by the same Mortgage; means, in respect of a sale of Mortgage Receivables by the Issuer in accordance with Clause 19 of the Trust Deed on any date, if the Foreclosure Value was assessed within one month prior to the such date, such Foreclosure Value or, if the Foreclosure Value was assessed means the market value calculated by indexing the Original Market Value with a property price index (weighted average of houses and apartments prices), as provided by the Land Registry for the province where the property is located; relates to the period for which the interest on the Mortgage Receivables has been fixed; means N.V. Bank Nederlandse Gemeenten; means the bank account of the Issuer designated as such in the Issuer Account Agreement; means the ratio calculated by dividing the original loan amount by the income of the borrower at the moment of origination of the Mortgage Loan; means the contractually agreed number of payments of principal and interest made by the Borrower on an annual basis; monthly. means one or more of the loan parts (leningdelen) of which a Mortgage Loan consists; means the amount in principal and missed interest payments that cannot be recovered using the proceeds of available collateral, insurance policies, the NHG guarantee (if applicable), any other guarantees or sureties and any other assets of the relevant Borrower after a Foreclosure means loss as a percentage of the principal outstanding at foreclosure; 39 of 40

40 Market Value Mortgage Loan Mortgage Loan Portfolio Mortgage Receivables NHG Guarantee NHG Loan means (i) the market value ("marktwaarde") of the relevant Mortgaged Asset based on (a) if available, the most recent valuation by an external valuer, or (b) if no valuation is available, the assessment by the Dutch tax authorities on the basis of the WOZ at the time of application by the means (i) the mortgage loans granted by the Seller to the relevant borrowers which may consist of one or more loan parts ("leningdelen") as set forth in the list of loans attached to the Mortgage Receivables Purchase Agreement and (ii), after any purchase and assignment of any New means the portfolio of Mortgage Loans; means any and all rights of the Seller (and after assignment of such rights to the Issuer, of the Issuer) against the Borrower under or in connection with a Mortgage Loan, including any and all claims of the Seller (or the Issuer after assignment) on the Borrower as a result of the means a guarantee (borgtocht) under the NHG Conditions granted by Stichting WEW; means a Mortgage Loan that has the benefit of a NHG Guarantee; Non NHG Loan means a Mortgage Loan which does not qualify as an NHG Loan; Notification Events means any of the Assignment Notification Events and the Pledge Notification Events; Notification Trigger A notification trigger is an event that when it occurs or a threshold that when it is breached, is considered to be an Notification Event. Occupancy Orig. Loan to Original Foreclosure Value (OLTOFV) Orig. Loan to Original Market Value (OLTOMV) Original Foreclosure Value means the way the mortgaged property is used (eg. owner occupied); means the ratio calculated by dividing the original principal amount of a Mortgage Receivable at the moment of origination by the Original Foreclosure Value; means the ratio calculated by dividing the original loan amount by their Original Market Value; means the Foreclosure Value as assessed by the relevant Originator at the time of granting the Mortgage Loan; Original Market Value Originator Outstanding Principal Payment Ratio Penalties Performing Loans Post-Foreclosure Proceeds Prepayments Principal Deficiency Ledger Principal Payment Principal Payment Rate (PPR) Prospectus Realised Losses Recoveries Redemption Priority of Payments Remaining Tenor means the Market Value as assessed by the relevant Originator at the time of granting the Mortgage Loan; means (i) Avéro Hypotheken B.V., Centraal Beheer Hypotheken B.V., Centraal Beheer Woninghypotheken B.V., FBTO Hypotheken B.V. and Woonfonds Nederland B.V., each incorporated under the laws of the Netherlands as a private company with limited liability ("besloten means, at any moment in time, (i) the outstanding principal amount of a Mortgage Receivable at such time and (ii), after a Realised Loss of the type (a) and (b) in respect of such Mortgage Receivable, zero; The actual principal and interest payments received as ratio of the scheduled principal and interest payments during the relevant period; means amounts to be paid by the borrower with regard to amounts in arrears and or (partial) prepayment of the mortgage loan according to the relevant mortgage contract and applicable general conditions; means Mortgage Loans that are not in Arrears or Delinquent; means any amounts received, recovered or collected from a Borrower in respect of a Mortgage Receivable in addition to Net Foreclosure Proceeds, whether in relation to principal, interest or otherwise, following completion of foreclosure on the Mortgage, the Borrower Pledges and means any non scheduled prepayment under a Mortgage Loan as a result of the Mortgage Receivable being repaid (in whole or in part) prior to the maturity date of such Mortgage Loan other than (i) on a date whereon the interest rate is reset or (ii) as otherwise permitted pursuant to the means the principal deficiency ledger relating to the relevant Classes of Notes and comprising sub-ledgers for each such Class of Notes as set forth in Clause [8] of the Administration Agreement; means the 26th day of each February, May, August and November in each year, subject to adjustment for days that are not Business Days, modified following and commencing on 26 November 2013 means scheduled repayment as annualised ratio of scheduled repayments to the principal mortgage balance outstanding at the beginning of the relevant period; means the offering circular dated 26 July 2013 relating to the issue of the Notes; means, on any relevant Notes Payment, the sum of (a) with respect to the Mortgage Receivables in respect of which the Seller, the Servicer on behalf of the Issuer, the Issuer or the Security Trustee has completed the foreclosure such that there is no more collateral securing means collection of proceeds towards redemption of any outstanding claims on the borrower relating to the Mortgage Loan after the termination of that Mortgage Loan; means the priority of payments set out in Clause 5.4 of the Trust Deed; the length of time until the final maturity date of the Mortgage Loan expressed in years; Replacements N/A; Replenishments N/A; Repossesions means the seizing of collateral by the lender during Foreclosure; Reserve Account Reserve Account Target Level Revenue Priority of Payments Saving Deposits Seasoning Seller means the bank account of the Issuer designated as such in the Issuer Account Agreement; means on any Notes Calculation a level equal to: (i) until the date mentioned in (ii) below, EUR 8,400,000 or (ii) from (and including) the Notes Payment on which the Notes, other than the Class C Notes, have been or are to be redeemed in full, subject to Condition 9(b), zero; means the priority of payments in respect of which the Available Revenue Funds is applied as set out in Clause 5.3 of the Trust Deed; means the total amount in insurance savings deposits and bank savings deposits in respect of the Mortgage Loans constituting the Mortgage Loan Portfolio; the period between the date of origination of the Loan Part and the Reporting. means Achmea Hypotheekbank or its successor or successors; Servicer Signing Special Servicer Subordinated Loan means Achmea Hypotheekbank or its successor or successors; means 26 July 2013 and in respect of the Class A Notes Purchase Agreement and the initial Deed of Assignment and Pledge 30 July 2013, or such later date as may be agreed between the Issuer and Achmea Hypotheekbank N.V. N/A; N/A; Swap Counterparty Swap Counterparty Default Payment Swap Notional Trust Deed Life WEW WEW Claims means Deutsche Bank AG, London Branch or its successor or successors; means any termination payment due and payable as a result of the occurrence of (i) a Swap Event of Default where the Swap Counterparty is the Defaulting Party or (ii) an Additional Termination Event arising pursuant to the occurrence of a Rating Event (all as defined in the Swap means, with respect to an Interest Period, an amount equal to the aggregate Principal Outstanding of the Class A Notes, less any amount standing to the debit of the Class A Principal Deficiency ledger at close of business on the first day of such Interest Period; means the trust deed to be entered into by the Security Trustee, the Issuer and the Shareholder dated the Signing substantially in the Agreed Form, as the same may be amended, restated, novated, supplemented or otherwise modified from time to time; means the weighted average amount of time that will elapse from the date of issuance of a Note to the date of distribution to the investor of amounts distributed in net reduction of principal of such Note; The measure is calculated by totaling each mortgage value represented in the pool. The weights of each mortgage is found by dividing the value of each into the total of all. To arrive at the WAM number the weight of each security is multiplied by the time (in years) until legal means Stichting Waarborgfonds Eigen Woningen; means losses which are claimed with the WEW based on the NHG Conditions; 39 of 40