| Title: | Chaves Funding No. 4 plc |
| Price: | $300.00 |
| Publication Date: | May 05, 2008 |
| Report Type: | Performance Overview |
| Brief Excerpt: | ...Footnotes - General Information # Date format throughout report is DD/MM/YYYY. Footnotes - Rating Opinion and General Commentary #The higher reserve fund amount than target is due to the interest credited to the Cash Reserve Account. Footnotes - Capital Structure Footnotes - Portfolio and Performance Data # CPR (Constant Prepayment Rate) # TRR (Total Redemption Rate) Moody's TRR calculation = #-(#-(Current Period Total Principal Payments divided by Current Period Outstanding Pool Balance plus Total Principal Payments))^ [reporting frequency] where reporting frequency equals (monthly reporting=##, quarterly reporting=#, semi-annual=#, annual=#). Footnotes - Trigger Description Delinquencies - Early Amortisation: Early amortisation occurs when, amongst others, the Delinquency Ratio is greater than ##%. Losses - Cumulative - Early Amortisation: Early amortisation occurs when, amongst others, the Cumulative Realised Loss Ratio is greater than the Cumulative Realised Loss... |
| Word Count: | 1513 |
| Length: | 3 Pages |
| Issuer: | Chaves Funding No. 4 plc |
| Format: |
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