Bankinter 14

Another deal from the prolific orginator BankInter, which basically replicas the tried and tested
format. The collateral here consists of 6,365 loans for the acquisition, refurbishment or refinance
of properties through-out Spain. Average seasoning is 15mnths, with a current WA LTV of 60.38%
(BankInter 13, seasoning 12mnths, LTV 65.89%). The average loan size is Eur161,369 with the
largest size loan being Eur860,462, with the top 20 loans amounting to 1.30% of the portfolio.
There are no high LTV mortgage credits within the portfolio, all of the mortgage credits are paid via
monthly direct debit.

Geographic diversity: Madrid 27%, Catalonia 20%, and Andalusia 15%.

The transaction was not publicly offered and all tranches were retained by the originator.


Compare/contrast: previous BankInter transactions, Hipotecaria Hipocat 11, TDA CAM 8