EX-99.1 2 b69687hcexv99w1.htm EX-99.1 FINANCIAL INFORMATION exv99w1
 

Exhibit 99.1
Financial Information

 


 

Subordinate MBS
Portfolio Information — Available for Sale
Underlying Collateral Data
December 2007*
         
    Statistics  
Number of Loans
    73,928  
Current Balance
  $ 38,929,513,000  
Average Current Balance
  $ 526,401  
Weighted Average Gross Interest Rate
    5.654 %
Weighted Average Age of Loans
  27 months  
% of Interest Only Loans
    59 %
Weighted Average Credit Score at Origination
    741  
Weighted Average Original Loan-to-Value
    68.41 %
% Original Loan-to-Value greater than 80%
    1.02 %
Weighted Average Current Loan-to-Value**
    66.23 %
Occupancy Status:
       
Owner Occupied
    92.1 %
Second Home
    7.5 %
Investor
    .4 %
State Concentration (Top 5):
       
California
    53 %
New York
    5 %
Florida
    4 %
Virginia
    4 %
Maryland
    3 %
 
*   Source for data of the underlying mortgages backing securitizations in which we invest: First American Loan Performance
 
**   Based on original appraisal and current loan balance
Subordinate MBS Portfolio
Par Value and Cash Flow
(In Millions)
(BAR GRAPH)
See the Hanover Capital Mortgage Holdings, Inc. Form 10-K for 2007. A substantial portion of the cash flow goes to debt service.