BPCE Home Loans 2017-5: 27 May 2017

On the Purchase Date, the Issuer will purchase from the Sellers a portfolio of home loan receivables arising from home loan agreements entered into with certain borrowers in relation to the acquisition, the renovation, the construction or the refinancing of a residential property.

On 31 March 2017, the provisional portfolio comprised 100,492 Home Loan Agreements for an aggregate Outstanding Balance of Eur10.499bln. The number of contracts was 100,492 (obligors were 116,512). The average Outstanding Balance by Home Loan Agreement of the provisional portfolio was Eur104,482 with an average seasoning of the selected Home Loan Agreements (as of their date of origination) of 28 months and a weighted average remaining term to maturity of 181 months. The WA current LTV is 77.10%.

CRR 405: Each Seller has undertaken that, during the life of the Listed Notes, it shall comply with Article 405 paragraph (1) of the Regulation (EU) no. 575/2013 of the European Parliament and therefore retain on an ongoing basis a material net economic interest in the transaction which, in any event, shall not be less than 5%. At the Issue Date, such material net economic interest shall be retained by each Seller through the subscription of the Class B Notes in relation to the proportion of the total securitised exposures for which it is the originator.