Report title: Eurosail-UK 2007-2NP PLC
from Moody's Global Credit Research
4 page (2254 word) report published Apr 04, 2008

Price $300.00 available for immediate download
Report Overview
 
Search Inside
 
About Moody's Global Credit Research

...Deal Closing Date 1:30/03/2007 Seller/Originator:Southern Pacific Mortgage Ltd [- -] Preferred Mortgages Ltd [- -] Matlock Bank Limited [- -] GMAC-RFC Limited [- -] Servicer:Capstone Mortgage Services Limited [- -] Backup/Special Servicer: SMS Mortgage Services Limited [- -] Trustee:Bank of New York Corporate Trust [- -] Lead Underwriter: Lehman Brothers International (Europe) [A1 (LT Issuer Rating - Fgn Curr)] Pool Currency: GBP Original Pool Balance: 585,000,000 Pool Reporting Frequency: Quarterly Last Reporting Date: 12/03/2008 ...

Report Type: Performance Overview
Issuer: Eurosail-UK 2007-2NP PLC
Free Sample: Click Here to Download
Format:
PDF Adobe Acrobat


Enter the keyword(s) which you would like to search for within this document and click "Search"  

Also from Moody's Global Credit Research
  • Eurosail-UK 2007-2NP PLC - Performance Overview  $300.00
    ...5 TRR (Total Redemption Rate) Moody's TRR calculation = 1-(1-(Current Period Total Principal Payments divided by Current Period Outstanding Pool Balance plus Total Principal Payments))^[reporting frequency] where reporting frequency equals (monthly reporting=12, quarterly reporting=4, semi-annual=2, annual=1). Footnotes - Trigger Description PDL - Reserve Fund - Stop Release: The reserve fund amortisation is stopped when, amongst others, the PDL is greater than zero. Delinquencies - Reserve Fund - Stop Release: The reserve fund amortisation is stopped when, amongst others, delinquencies >90 days exceed 20%. Losses - Cumulative - Reserve Fund - Stop Release: The reserve fund amortisation is stopped when, amongst others, cumulative losses exceed 1.25%. Delinquencies - Other: Liquidity facility amortises when delinquencies >90 days do not exceed 20% of aggregate balance of all loans. Losses - Cumulative - Other: Liquidity facility amortises when principal losses are less than 1.25% of the...  
  • Eurosail-UK 2007-2NP PLC - Performance Overview  $300.00
    ...5 TRR (Total Redemption Rate) Moody's TRR calculation = 1-(1-(Current Period Total Principal Payments divided by Current Period Outstanding Pool Balance plus Total Principal Payments))^[reporting frequency] where reporting frequency equals (monthly reporting=12, quarterly reporting=4, semi-annual=2, annual=1). Footnotes - Trigger Description PDL - Reserve Fund - Stop Release: The reserve fund amortisation is stopped when, amongst others, the PDL is greater than zero. Delinquencies - Reserve Fund - Stop Release: The reserve fund amortisation is stopped when, amongst others, delinquencies >90 days exceed 20%. Losses - Cumulative - Reserve Fund - Stop Release: The reserve fund amortisation is stopped when, amongst others, cumulative losses exceed 1.25%. Delinquencies - Other: Liquidity facility amortises when delinquencies >90 days do not exceed 20% of aggregate balance of all loans. Losses - Cumulative - Other: Liquidity facility amortises when principal losses are less than 1.25% of the...  
  • Moody's updates on UK RMBS with standby drawings on Danske liquidity facilities - Announcement  $150.00
    Global Credit Research Announcement 6 APR 2009 Announcement: Great Hall Mortgages No. 1 Plc Series 2007-02 Moody's updates on UK RMBS with standby drawings on Danske liquidity facilities London, 06 April 2009 -- Moody's notes that...  
  • Eurosail-UK 2007-2NP PLC - Performance Overview  $300.00
    ...Footnotes - General Information 1 Date format throughout report is DD/MM/YYYY. Footnotes - Rating Opinion and General Commentary 1 Published Performance Overviews dated prior to July 23, 2008 showed outstanding repossession as a percentage of the original portfolio balance rather than as a percentage of the current portfolio balance as indicated in the header. This has now been rectified and the figure shown is in line with the respective header (Outstanding Repo. /CB). Footnotes - Capital Structure 2 Residual tranches are not considered for any of the total amount or total % calculations. C1a: EUR - GBP = 1.4732 D1a: EUR - GBP = 1.4733 A1a: EUR - GBP = 1.4737 A2a: EUR - GBP = 1.4736 A3a: EUR - GBP = 1.4737 M1a: EUR - GBP = 1.4741 B1a: EUR - GBP = 1.4732 Page 3 of 4 06/04/2009 15:37...  
  • Eurosail-UK 2007-2NP PLC - Performance Overview  $300.00
    ...Deal Closing Date 1:30/03/2007 Seller/Originator:Southern Pacific Mortgage Ltd [- -] Preferred Mortgages Ltd [- -] Matlock Bank Limited [- -] GMAC-RFC Limited [- -] Servicer:Capstone Mortgage Services Limited [- -] Backup/Special Servicer: SMS Mortgage Services Limited [- -] Trustee:Bank of New York Corporate Trust [- -] Lead Underwriter: Lehman Brothers International (Europe) [- -] Pool Currency: GBP Original Pool Balance: 585,000,000 Pool Reporting Frequency: Quarterly Last Reporting Date: 15/12/2008 ...  
  • Eurosail-UK 2007-2NP PLC - Performance Overview  $300.00
    ...Deal Closing Date 1:30/03/2007 Seller/Originator:Southern Pacific Mortgage Ltd [- -] Preferred Mortgages Ltd [- -] Matlock Bank Limited [- -] GMAC-RFC Limited [- -] Servicer:Capstone Mortgage Services Limited [- -] Backup/Special Servicer: SMS Mortgage Services Limited [- -] Trustee:Bank of New York Corporate Trust [- -] Lead Underwriter: Lehman Brothers International (Europe) [B3 (LT Issuer Rating - Fgn Curr)] Pool Currency: GBP Original Pool Balance: 585,000,000 Pool Reporting Frequency: Quarterly Last Reporting Date: 15/09/2008 ...  
  • Moody's Places EMEA RMBS Transactions with Lehman Exposure on Review For Possible Downgrade - Rating Action  $150.00
    Global Credit Research Rating Action 17 SEP 2008 Rating Action: EMFNL 2008-2 B.V. Moody's Places EMEA RMBS Transactions with Lehman Exposure on Review For Possible Downgrade 40 European RMBS transactions affected. London, 17 September...  
  • Eurosail-UK 2007-2NP PLC incl Commentary - Performance Overview  $300.00
    ...Deal Closing Date 1:30/03/2007 Seller/Originator:Southern Pacific Mortgage Ltd [- -] Preferred Mortgages Ltd [- -] Matlock Bank Limited [- -] GMAC-RFC Limited [- -] Servicer:Capstone Mortgage Services Limited [- -] Backup/Special Servicer: SMS Mortgage Services Limited [- -] Trustee:Bank of New York Corporate Trust [- -] Lead Underwriter: Lehman Brothers International (Europe) [A2 (LT Issuer Rating - Fgn Curr)] Pool Currency: GBP Original Pool Balance: 585,000,000 Pool Reporting Frequency: Quarterly Last Reporting Date: 12/06/2008 ...  

Price: $300.00



  Can't Decide?

Purchasing premium research sight unseen can be intimidating. At Alacra we want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.