report period: 24 august 2015 - 23 november 2015 · interest payment date 23-nov-2015 principal...
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Candide Financing 2011-I B.V.
Quarterly Information Report
Report period: 24 August 2015 - 23 November 2015
AMOUNTS ARE IN EURO
This report is in compliance with the European Securitisation Forum
RMBS Issuer Principles for Transparency and Disclosure, Version 1.0 december 2008
Intertrust Management B.V.
Prins Bernhardplein 200, 1097 JB Amsterdam, The Netherlands
T +31 (0)20 577 1177 F +31 (0)20 577 1188
W cm.intertrustgroup.com
Class B Class C
XS0625071526 XS0625074389
062507152 062507438
Irish Stock Exch. Not Listed
EUR EUR
1500 340
23-Nov-2015 23-Nov-2015
23-Nov-2015 23-Nov-2015
150.000.000,00 34.000.000,00
150.000.000,00 34.000.000,00
0,00 0,00
150.000.000,00 34.000.000,00
100.000,00 100.000,00
1,00000000 1,00000000
0,00 0,00
100.000,00 100.000,00
1,00000000 1,00000000
24-Aug-2015 24-Aug-2015
23-Nov-2015 23-Nov-2015
91 91
20-Aug-2015 20-Aug-2015
Euribor_3M Euribor_3M
-0,03 -0,03
1 1
-2,0 -2,0
act/360 act/360
0,00 0,00
0,00 0,00
23-Aug-2014 23-Aug-2014
0,00 0,00
0,00 0,00
0,00 0,00
0,00 0,00
n.r. (sf) / Ba1 (sf) / BB
(sf) / n.r. (sf)
n.r. (sf) / n.r. (sf) / n.r.
(sf) / n.r. (sf)
n.r. (sf) / Ba1 (sf) / BB
(sf) / n.r. (sf)
n.r. (sf) / n.r. (sf) / n.r.
(sf) / n.r. (sf)
0,00 0,00
0,00 0,00
0,00 0,00
0,00 0,00
23-Aug-2051 23-Aug-2051
* up to FORD: 23-Aug-2014
Principal Shortfall 0,00
Cumulative Principal Shortfalls 0,00
Legal Maturity 23-Aug-2051
Current Rating(s) (S&P/Moody's/Fitch/DBRS) n.r. (sf) / Aaa (sf) / AAA
(sf) / n.r. (sf)
PDL Balance Previous Payment Date 0,00
PDL Balance Current Payment Date 0,00
Current Interest Shortfall 0,00
Cumulative Interest Shortfall 0,00
Original Rating(s) (S&P/Moody's/Fitch/DBRS) n.r. (sf) / Aaa (sf) / AAA
(sf) / n.r. (sf)
Original Weighted Average Life
Total Principal + Interest Payments 32.795.529,61
Scheduled Interest Payment 214.029,61
Other information
Expected / Scheduled Maturity 23-Aug-2014
Convention act/360
Total Interest Payments 214.029,61
Interest Payments Per Note 20,38
Coupon Reference Rate (in %) -0,03
Relevant Margin * (in bps) 12
Current Coupon (in bps) 9,0
Accrual Period 91
Fixing Date Reference Rate 20-Aug-2015
Reference Rate Euribor_3M
Interest information
Accrual Start Date 24-Aug-2015
Accrual End/Report/Record Date 23-Nov-2015
Balance after Payment Per Note 86.496,00
Current Factor 0,86496000
Bal. before Payment (BBP) Per Note 89.599,00
Previous Factor 0,89599000
Principal Payments Per Note 3.103,00
Balance before Payment (BBP) 940.789.500,00
Total Principal Payments 32.581.500,00
Balance after Payment 908.208.000,00
Principal information
Original Principal Balance 1.050.000.000,00
Number of Notes 10500
Interest Payment Date 23-Nov-2015
Principal Payment Date 23-Nov-2015
Security code
Stock Exchange Listing(s) Irish Stock Exch.
Currency EUR
General information
ISIN Code XS0625067680
Common code 062506768
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Bond Report (1)Tranche Class Name Class A
User - Date / Time: DBU - 18 November 2015 14:50:39
Change balance of losses (net of recoveries) during the period 109.991,93
Cumulative balance of losses since Closing (net of recoveries) at the end of the period 2.268.310,99
Losses
Cumulative balance of losses since Closing (net of recoveries) at the beginning of the period 2.158.319,06
Repurchased Mortgage Loans by the seller 2.250.114,54
Other amounts 0.00
Net Outstanding balance at the end of the quarter 1.058.120.324,65
Prepayments of Mortgage Loans 29.413.500,55
Defaulted Mortgage Loans (net of Recoveries) 189.012,55
Substituted or Replenished Mortgage Loans 0.00
Amounts
Net Outstanding balance at the beginning of the quarter 1,090,714,208.40
Scheduled Principal Mortgage Loans Received 741.256,11
Number of other Loans 0
Number of Loans at the end of the period 4.932
Number of Defaulted Loans 5
Number of Substituted or Replenished Loans 0
Number of Repurchased Loans by the seller 8
Number of Loans
Number of Loans at the beginning of the period 5,063
Number of Matured Loans / Prepaid Loans 118
Previous reporting period end date Mortgage Loans 1-8-2015
Current reporting period end date Mortgage Loans 1-11-2015
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
The Mortgage Portfolio Overview
User - Date / Time: DBU - 18 November 2015 14:50:39
Total Interest Amounts Applied 14.218.118,84
(o) fifteenth, towards principal due under but unpaid on the Subordinated Loan (final QPD); and 0,00
(p) sixteenth, in or towards satisfaction of a Deferred Purchase Price Instalment to the Seller. 1.689.398,99
(l) twelfth, in or towards satisfaction to the Swap Counterparty of any Swap Subordinated Amount; 0,00
(m) thirteenth, in or towards satisfaction of principal amounts due under the Subordinated Class C Notes (final QPD); 0,00
(n) fourteenth, in or towards interest due or interest accrued but unpaid on the Subordinated Loan; 9.852,93
(i) ninth, in or towards making good any shortfall reflected in the Class B Principal Deficiency Ledger; 189.012,55
(j) tenth, in or towards satisfaction of any sums required to be deposited on the Reserve Amount; 0,00
(k) eleventh, all amounts of interest due or interest accrued but unpaid in respect of the Subordinated Class C Notes; 0,00
(f) sixth, all amounts of interest due or interest accrued but unpaid in respect of the Senior Class A Notes; 214.029,61
(g) seventh, in or towards making good any shortfall reflected in the Class A Principal Deficiency Ledger; 0,00
(h) eighth, all amounts of interest due or interest accrued but unpaid in respect of the Mezzanine Class B Notes; 0,00
(c) third, any amounts due and payable to third parties; 482,36
(d) fourth, any sums required to be deposited on the Liquidity Reserve; 0,00
(e) fifth, amounts, if any, due or accrued but unpaid under the Swap Agreement; 11.916.768,77
Interest Priority of Payment
(a) first, the fees or other remuneration due and payable to the Directors; 0,00
(b) second, fees and expenses due and payable to the Issuer Administrator and the MPT Provider; 198.573,62
Total Notes Interest Available Amount (NIAA) 14.218.118,84
(ix) amounts received as post-foreclosure proceeds on the Mortgage Receivables; and 79,020.62
(x) any (remaining) amounts standing to the credit of the Issuer Collection Account (final QPD). 0.00
(xi) less on the first Quarterly Payment Date of each calendar year a minimum of 2,500,- 0.00
(vi) amounts to be received from the Swap Counterparty under the Swap Agreement; 2,703,853.98
(vii) amounts received in connection with a repurchase of Mortgage Receivables; 0.00
(viii) amounts received in connection with a sale of Mortgage Receivables; 0.00
(iii) Net Proceeds on any Mortgage Receivables; 0.00
(iv) amounts to be drawn under the Liquidity Reserve; 0.00
(v) amounts to be drawn from the Reserve Amount; 0.00
Notes Interest Available Amount
(i) interest, including, penalty interest, but excluding Prepayment Penalties received on the Mortgage Receivables; 11,435,244.24
(ii) interest credited to the Transaction Accounts; 0.00
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Interest Waterfall
User - Date / Time: DBU - 18 November 2015 14:50:39
Total Principal Priority of Payments 32.590.262,95
(a) first, the Senior Class A Notes, until fully redeemed, and, thereafter 32.581.500,00
(b) second, the Mezzanine Class B Notes, until fully redeemed, and, thereafter 0,00
(c) third, the excess (if any) to be applied as Notes Interest Available Amount. 8.762,95
Notes Redemption Available Amount 32.590.262,95
Notes Principal Priority of Payments
(ix) (1) the Applied Replenishment Amount 0.00
(ix) (2) the Replenishment Reserved Amount 0,00
Replenishment Available Amount 32.590.262,95
Less:
(vii) amounts of interest received to be credited to the Principal Deficiency Ledger; and 189,012.55
(viii) any part of the Notes Redemption Available Amount previously unapplied. 4,571.53
(iv) amounts received as repayment and prepayment in full of principal under the Mortgage Receivables; 28.994.655,22
(v) amounts received as Savings Participation Increase; 213.383,58
(vi) the Replenishment Reserved Amount; 0.00
(i) Net Proceeds, to the extent such proceeds relate to principal less; 938.525,53
(ii) amounts received in connection with a repurchase of Mortgage Receivables; 2.250.114,54
(iii) amounts received in connection with a sale of Mortgage Receivables; 0,00
First Optional Redemption Date (FORD) 23-8-2014
Notes Redemption Available Amount
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Principal Waterfall
User - Date / Time: DBU - 18 November 2015 14:50:39
Available for DPP installment 1.689.398,99
Excess Spread Percentage (%) 0,1580
Change in arrears (interest) -16,535.20
Interest Subordinated Loan (paid) -9.852,93
Corrections to DPP 0,00
Swap Margin 1,825,779.06
Losses in period -189,012.55
Recoveries in period 79,020.62
Interest paid 9,852.93
Deferred Purchase Price (DPP) Specification
Repayment principal 0,00
Subordinated Loan, ending balance 1.600.000,00
Interest payable 9,852.93
Subordinated Loan
Subordinated Loan, starting balance 1.600.000,00
Repayment Payment Date 0.00
Liquidity Reserve ending balance 18.000.000,00
Target Level Liquidity Reserve at end of reporting period 18.000.000,00
Liquidity Reserve
Liquidity Reserve starting balance 18.000.000,00
Drawing current Payment Date 0,00
Reserve Account ending balance 16.000.000,00
Target Reserve Account Balance at end of reporting period 16,000,000.00
Deposit current Payment Date 0.00
Received interest 0.00
Payments from Reserve Fund 0,00
Reserve Account
Reserve Account starting balance 16.000.000,00
Received interest 0.00
Paid from bank account -46.799.998,95
Collection Account ending balance 1.011.465,12
Collection Account
Collection Account starting balance 1.007.273,70
Received on bank account 46.804.190,37
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Additional Information
User - Date / Time: DBU - 18 November 2015 14:50:39
Definition Defaults: Mortgage loans of which the foreclosure is completed (mortgage property is publicly or privately
sold)1) As a percentage of outstanding balance of all defaulted loans at the defaulted date
Losses minus Recoveries (Net Losses) since Closing 2.268.310,99
Average Loss Severity (Cumulative Net Loss divided by Total Principal Amount of Cumulative Defaults) 16,33
Total amount of losses since Closing at Defaulted Date 3.167.252,89
Recoveries since Closing on Defaulted Loans 898.941,90
Recoveries as a Percentage of Losses on Defaulted Loans (1) % 28,38
Percentage of Number of Loans at Closing (%) 1,2
Principal Balance of Loans Defaulted since Closing at Defaulted Date 13.889.282,71
Percentage of Scheduled Balance at Closing (%) 1,15
Since Closing
Number of Loans Defaulted since Closing 62
Recoveries during Period on Defaulted Loans 79,020.62
Recoveries as a percentage of Losses on the Defaulted Loans during the period (%) 41,81
Losses minus Recoveries (Net Losses) during period 109.991,93
Principal Balance of Loans Defaulted during the period 1,127,538.08
Percentage of Scheduled Balance of Performing Loans at the beginning of the period (%) 0,10
Total Losses on loans during period 189,012.55
This period
Number of Loans Defaulted during the Period 5
Percentage of Number of Performing Loans Outstanding at the beginning of the period (%) 0,10
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Default Statistics
User - Date / Time: DBU - 18 November 2015 14:50:39
ACPR 12M, this quarter 10.21
ACPR 12M, current quarter 9.06
ACPR 3M, previous quarter 10.54
Rolling average CPR last 12 months
Rolling average CPR last 3 months
ACPR 3M, this quarter 11.19
Life CPR
Life CPR, this quarter 8.33
Life CPR, previous quarter 7.96
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Constant Prepayment Rate Statistics
User - Date / Time: DBU - 18 November 2015 14:50:39
# loans Arrears Amount Mortgage amount % of # loans % of Mortgage
Amount
4.853 0,00 1.042.776.359,17 98,40% 98,55%
53 121.683,38 9.514.725,71 1,07% 0,90%
8 9.473,54 1.451.812,84 0,16% 0,14%
1 5.643,94 384.714,00 0,02% 0,04%
4 13.130,08 816.312,46 0,08% 0,08%
4 13.629,93 800.150,00 0,08% 0,08%
3 22.841,34 1.283.973,19 0,06% 0,12%
6 45.429,89 1.092.277,28 0,12% 0,10%
4.932 231.832,10 1.058.120.324,65 100,00% 100,00%
1,2E+09
> 6
Total
Definition Delinquencies: All amounts in Arrear (scheduled principal; scheduled interest; arrears penalties on scheduled amounts in arrear).
0 =< 1
1 =< 2
2 =< 3
3 =< 4
4 =< 5
5 =< 6
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Delinquencies
Months
0
User - Date / Time: DBU - 18 November 2015 14:50:39
Party Current
rating
Rating
trigger
Rating
trigger
Current
rating
Bank of Scotland Plc.,
Amsterdam Branch
P1 / A1 F1 / A / /
Bank of Scotland Plc.,
Amsterdam Branch
P1 / A1 F1 / A / /
Bank of Scotland Plc.,
Amsterdam Branch
P1 / A1 F1 / BBB- / /
Rabobank Nederland P1 / Aa2 F1 / A / /
Originator P1 / Baa3 F1 / A / /
Seller Collection Account
Provider
P1 / A2 F1+ / AA- / /
Account Bank P1 / A2 F1 / A / /
Interest Rate Swap
Counterparty
P1 / A2 F1 / A / /
Counterparty Ratings Moody's (ST/LT) Fitch (ST/LT) S&P (ST/LT) DBRS (ST/LT)
Role Rating
trigger
Current
rating
Current
rating
Rating
trigger
Liquidity Facility Amount (Maximum: 18000000.00) 18.000.000,00 18.000.000,00
Triggers Realised as per Closing Date Realised as per 31/10/2015
Reserve Account Balance(Target: 16000000) 16.000.000,00 16.000.000,00
Principal Balance of Arrears > 90 days (maximum) (%) 1,50 0,38
New Mortgage Receivables original LTFV-ratio < 125% unless it is 125,00 0,00
New Mortgage Receivables with original LTFV-ratio > 100% (%) 55,00 0,00
Substitution Triggers Criteria Realised as per 31/10/2015
Maximum Realised Losses as percentage of Mortgage Receivables at 0,30 0,26
- Weighted Average Seasoning (months) 44,73 72,75
- Number of Loans 5.183,00 4.932,00
- Weighted Average Maturity (months) 72,43 51,40
- Mortgage Loan, Maximum Loan Value 950.000,00 859.945,56
- Number of Loanparts 10.747,00 9.929,00
- Mortgage Loan, 4 Net Balance 1.200.033.933,19 1.058.120.324,65
- Mortgage Loan, Average balance by Borrower 232.598,88 216.829,33
- Mortgage Loan, 2 Outstanding Principal Balance 1.205.471.525,86 1.069.402.259,00
- Mortgage Loan, 3 Savings Participation 5.437.592,67 11.281.934,72
- Current Loan-to-Value 4 (Indexed Estimated Fair Market Value) 86,50 93,00
- Mortgage Loan, 1 Original Balance 1.200.033.933,19 1.200.033.933,19
- Current Loan-to-Value 2 (Indexed Recorded Foreclosure Value) 97,54 104,00
- Current Loan-to-Value 3 (Estimated Fair Market Value) 86,82 83,00
- Coupon Weighted Average 4,75 4,28
- Current Loan-to-Value 1 (Recorded Foreclosure Value) 97,89 94,00
- Coupon Maximum 6,65 6,60
- Coupon Minimum 3,20 1,90
Other information in relation to closing Realised as per Closing Date Realised as per 31/10/2015
Notification Events None
Mortgage Payment Frequency 1
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Triggers And Key Characteristics
User - Date / Time: DBU - 18 November 2015 14:50:39
(*) WAM based on weighted interest period
(1) The average loan to indexed foreclosure value is 110.37%, whereby LTiFV of guaranteed mortgages is stated at nil percent.
Weighted average seasoning (in years) 8,87
Weighted average LTFV * 98,33%
Weighted average LTFV (indexed) * (1) 110,37%
Average principal balance (borrower) 214.541,83
Weighted average current interest rate 4,27%
Weighted average maturity (in years) 4,27
Number loans 4.932
Number loanparts 9.929
Outstanding principal balance 1.058.120.324,65
Building deposits 0,00
Outstanding principal balance excl. building and saving deposits 1.058.120.324,65
Principal amount 1.069.402.259,37
Value of savings deposits 11.281.934,72
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Stratification
1. Key characteristics
User - Date / Time: DBU - 18 November 2015 14:50:39
Aggregate
Outstanding
Not. Amount
Nr of
Loanparts
% of
Total
34.298.222,03 659 6,64%
792.112.772,72 6.681 67,29%
1.719.734,03 22 0,22%
47.422.401,12 567 5,71%
13.680.881,01 153 1,54%
168.886.313,74 1.847 18,60%
1.058.120.324,65 9.929 100,00%
(*) WAM based on weighted interest period
Vrij Vermogen Hypotheek
Total 100,00% 4,27% 51,19
Unknown
Vermogens Hypotheek
Unit Linked 15,96% 4,10% 40,58
Universal Life
STAR Aflossingsvrij
Switch
Spaar Hypotheek
Spaar Hypotheek Avéro
Savings 4,48% 5,02% 74,47
Savings/ Life 1,29% 4,38% 61,98
Royal Bridge
Royal Future Hypotheek
Other
Other
Nationale Nederlanden
Opmaat Hypotheek
Linear
Mixed Annuity
Lineair
Lineaire Hypotheek
Life 0,16% 4,56% 44,47
Life (external policy)
Investment
Leven Hypotheek
Hybride
Interest only 74,86% 4,28% 51,09
Fixed Mortgage Type
Hybrid
Bridge loan
Debt Agreement
Beurs Hypotheek
Bridge Loan
Bank Savings
Beschermd Vermogen Hypotheek
Annuity 3,24% 3,80% 69,61
Automatische Continuatie
Alternative Savings
Annuitaire Hypotheek
Description
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
Aflossingsvrije Hypotheek
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
2. Redemption Type
User - Date / Time: DBU - 18 November 2015 14:50:39
Until ( <= )
Aggregate
Outstanding
Not. Amount
Nr of
Loanparts
% of
Total
Weighted
Average
Maturity
2016 169.804.740,78 1.644 16,56% 0,20
2017 144.824.453,52 1.280 12,89% 8,60
2018 155.306.984,27 1.336 13,46% 20,95
2019 119.354.514,86 1.248 12,57% 32,15
2020 95.896.083,70 984 9,91% 45,52
2021 101.851.865,27 1.077 10,85% 54,28
2022 31.210.371,86 255 2,57% 69,67
2023 37.076.814,89 309 3,11% 80,27
2024 12.900.685,51 144 1,45% 91,55
2025 15.760.934,79 161 1,62% 106,25
2026 78.194.109,73 741 7,46% 116,28
2027 12.800.543,16 91 0,92% 129,87
2028 27.282.931,26 199 2,00% 140,30
2029 3.335.135,84 33 0,33% 150,40
2030 2.973.531,46 32 0,32% 163,90
2031 4.718.581,79 48 0,48% 177,30
2032 595.125,09 6 0,06% 188,27
2033 622.692,02 9 0,09% 202,61
2034 1.005.634,50 9 0,09% 213,45
2035 1.481.011,66 15 0,15% 225,43
2036 5.188.717,18 42 0,42% 237,03
2037 6.464.409,75 43 0,43% 250,33
2038 20.066.599,11 136 1,37% 260,58
2039 4.699.687,56 39 0,39% 273,16
2040 3.769.158,39 36 0,36% 282,75
2041 935.006,70 12 0,12% 291,93
2042
2043
2044
2045
>
Total 1.058.120.324,65 9.929 100,00% 51,19
(*) WAM based on weighted interest period
Unknown
100,00% 4,27%
2044
2045
2042
2043
2040 0,09% 5,61%
2041
2038 0,44% 5,84%
2039 0,36% 5,93%
2036 0,61% 4,96%
2037 1,90% 5,24%
2034 0,14% 4,61%
2035 0,49% 3,76%
2032 0,06% 5,14%
2033 0,10% 5,10%
2030 0,45% 3,77%
2031 0,06% 4,46%
2028 0,32% 5,42%
2029 0,28% 5,51%
2026 1,21% 4,78%
2027 2,58% 5,17%
2024 1,49% 4,40%
2025 7,39% 3,33%
2022 3,50% 4,99%
2023 1,22% 5,24%
2020 9,63% 3,87%
2021 2,95% 4,60%
2018 11,28% 4,97%
2019 9,06% 4,02%
2016 13,69% 4,30%
2017 14,68% 4,92%
From ( > )
% of
Total
Weighted
Average
Coupon
< 16,05% 3,24%
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
3. Interest Reset Dates
User - Date / Time: DBU - 18 November 2015 14:50:39
Aggregate
Outstanding
Not. Amount
Nr of
Loans
% of
Total
36.474.228,56 181 3,67%
105.472.948,32 438 8,88%
19.002.166,38 96 1,95%
197.679.062,83 931 18,88%
4.867.970,59 23 0,47%
39.858.124,24 202 4,10%
36.635.007,41 197 3,99%
122.983.192,43 579 11,74%
38.907.442,55 216 4,38%
52.751.521,86 262 5,31%
156.183.165,47 690 13,99%
173.489.540,61 745 15,11%
73.815.953,40 372 7,54%
1.058.120.324,65 4.932 100,00%Total 100,00% 4,27% 51,19
(*) WAM based on weighted interest period
Noord-Holland 16,40% 4,17% 53,27
Overijssel 6,98% 4,25% 46,10
Limburg 4,99% 4,34% 60,15
Noord-Brabant 14,76% 4,33% 58,17
Gelderland 11,62% 4,30% 52,72
Groningen 3,68% 4,22% 39,21
Flevoland 3,77% 4,17% 47,28
Friesland 3,46% 4,22% 38,44
Zuid-Holland 18,68% 4,33% 48,83
Unspecified 0,46% 4,75% 24,91
Utrecht 9,97% 4,22% 49,09
Zeeland 1,80% 4,32% 68,10
Province
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
Drenthe 3,45% 4,27% 46,98
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
4. Geographical Distribution
User - Date / Time: DBU - 18 November 2015 14:50:39
Until ( <= )
Aggregate
Outstanding
Not. Amount
Nr of
Loans
% of
Total
10% 55.797,72 6 0,12%
20% 924.175,81 21 0,43%
30% 3.420.148,65 44 0,89%
40% 7.368.664,26 67 1,36%
50% 12.527.696,42 92 1,87%
60% 23.692.612,08 152 3,08%
70% 43.037.559,94 237 4,81%
80% 58.679.652,33 318 6,45%
90% 122.842.411,76 554 11,23%
100% 348.653.525,05 1.548 31,39%
110% 118.992.370,84 491 9,96%
120% 192.539.423,91 835 16,93%
130% 124.369.814,60 561 11,37%
140% 534.242,14 3 0,06%
150%
> 482.229,14 3 0,06%
Total 1.058.120.324,65 4.932 100,00%100,00% 4,27% 51,19
(*) WAM based on weighted interest period
140%
150% 0,05% 4,99% 61,47
120% 11,75% 4,24% 38,64
130% 0,05% 4,90% 95,92
100% 11,25% 4,26% 51,06
110% 18,20% 4,52% 48,09
80% 11,61% 4,04% 50,72
90% 32,95% 4,38% 55,15
60% 4,07% 3,95% 59,09
70% 5,55% 4,02% 54,06
40% 1,18% 3,71% 62,95
50% 2,24% 3,80% 57,16
20% 0,32% 3,75% 47,35
30% 0,70% 3,53% 57,54
< 0,01% 5,25% 120,23
10% 0,09% 3,69% 37,48
From ( > )
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
NHG Garantie
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
5. Loan To Original Foreclosure Value ( based on notional / collateral value
User - Date / Time: DBU - 18 November 2015 14:50:39
Until ( <= )
Aggregate
Outstanding
Not. Amount
Nr of
Loans
% of
Total
10% 57.689,41 5 0,10%
20% 832.777,46 20 0,41%
30% 2.682.709,05 38 0,77%
40% 4.942.838,32 44 0,89%
50% 9.704.425,72 75 1,52%
60% 13.504.474,99 100 2,03%
70% 26.924.600,41 159 3,22%
80% 40.594.713,42 222 4,50%
90% 61.651.160,05 314 6,37%
100% 106.718.239,15 490 9,94%
110% 187.370.609,51 831 16,85%
120% 247.568.674,68 1.088 22,06%
130% 155.365.507,28 688 13,95%
140% 143.589.864,45 616 12,49%
150% 52.459.821,73 226 4,58%
> 4.152.219,02 16 0,32%
Total 1.058.120.324,65 4.932 100,00%100,00% 4,27% 51,19
(*) WAM based on weighted interest period
140% 4,96% 4,51% 45,93
150% 0,39% 4,73% 68,98
120% 14,68% 4,38% 46,93
130% 13,57% 4,51% 47,08
100% 17,71% 4,25% 53,23
110% 23,40% 4,39% 53,51
80% 5,83% 4,01% 52,70
90% 10,09% 4,02% 48,67
60% 2,54% 3,66% 50,69
70% 3,84% 3,99% 63,18
40% 0,92% 3,50% 47,05
50% 1,28% 3,89% 66,01
20% 0,25% 3,72% 47,21
30% 0,47% 3,42% 62,54
< 0,01% 3,54% 19,13
10% 0,08% 3,72% 46,39
From ( > )
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
NHG Garantie
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
6. Loan To Indexed Foreclosure Value ( based on notional / collateral value
User - Date / Time: DBU - 18 November 2015 14:50:39
Until ( <= )
Aggregate
Outstanding
Not. Amount
Nr of
Loans
% of
Total
25.000 112.650,84 9 0,18%
50.000 1.112.737,94 28 0,57%
75.000 3.315.619,44 52 1,05%
100.000 10.658.216,79 118 2,39%
150.000 139.272.731,41 1.064 21,57%
200.000 238.812.491,93 1.361 27,60%
250.000 239.858.018,18 1.071 21,72%
300.000 149.390.943,82 546 11,07%
350.000 94.064.777,93 290 5,88%
400.000 53.665.756,94 144 2,92%
450.000 32.948.823,19 78 1,58%
500.000 19.889.160,61 42 0,85%
> 75.018.395,63 129 2,62%
Total 1.058.120.324,65 4.932 100,00%
(*) WAM based on weighted interest period
Unknown
100,00% 4,27% 51,19
450.000 1,88% 4,03% 49,81
500.000 7,09% 3,96% 50,86
350.000 5,07% 4,11% 52,53
400.000 3,11% 4,22% 51,62
250.000 14,12% 4,33% 54,53
300.000 8,89% 4,24% 49,30
150.000 22,57% 4,29% 49,48
200.000 22,67% 4,37% 51,95
75.000 1,01% 4,17% 67,54
100.000 13,16% 4,31% 49,37
25.000 0,11% 4,10% 32,55
50.000 0,31% 3,93% 40,74
From ( > )
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
< 0,01% 3,99% 78,19
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
7. Mortgage Loan Size
User - Date / Time: DBU - 18 November 2015 14:50:39
Until ( <= )
Aggregate
Outstanding
Not. Amount
Nr of
Loanparts
% of
Total
0,5%
1,0%
1,5%
2,0% 719.957,34 4 0,04%
2,5% 20.162.809,47 228 2,30%
3,0% 105.071.705,19 1.046 10,53%
3,5% 146.994.592,58 1.290 12,99%
4,0% 131.547.141,11 1.282 12,91%
4,5% 132.552.133,42 1.172 11,80%
5,0% 260.619.529,41 2.304 23,20%
5,5% 195.135.990,28 1.786 17,99%
6,0% 58.008.741,80 694 6,99%
6,5% 7.083.837,39 120 1,21%
7,0% 223.886,66 3 0,03%
>
Total 1.058.120.324,65 9.929 100,00%
(*) WAM based on weighted interest period
Unknown
100,00% 4,27% 51,19
6,5% 0,02% 6,60% 182,04
7,0%
5,5% 5,48% 5,73% 91,99
6,0% 0,67% 6,20% 113,15
4,5% 24,63% 4,76% 52,71
5,0% 18,44% 5,25% 65,86
3,5% 12,43% 3,75% 42,03
4,0% 12,53% 4,30% 30,54
2,5% 9,93% 2,78% 44,19
3,0% 13,89% 3,21% 45,50
1,5% 0,07% 1,99% 102,43
2,0% 1,91% 2,41% 20,60
0,5%
1,0%
From ( > )
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
<
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
8. Interest Rate Group
User - Date / Time: DBU - 18 November 2015 14:50:39
Until ( < )
Aggregate
Outstanding
Not. Amount
Nr of
Loanparts
% of
Total
1995
1996
1997
1998
1999
2000 414.201,10 4 0,04%
2001 6.491.755,43 70 0,71%
2002 12.037.239,73 170 1,71%
2003 33.898.092,49 418 4,21%
2004 59.374.053,67 755 7,60%
2005 63.850.539,77 811 8,17%
2006 109.686.066,98 1.175 11,83%
2007 200.978.602,16 1.682 16,94%
2008 268.587.744,48 2.062 20,77%
2009 123.335.192,83 1.051 10,59%
2010 62.939.233,10 580 5,84%
2011 106.892.196,52 1.071 10,79%
2012 8.917.721,68 72 0,73%
2013 135.000,00 1 0,01%
2014 166.536,87 3 0,03%
2015 416.147,84 4 0,04%
>
Total 1.058.120.324,65 9.929 100,00%100,00% 4,27% 51,19
(*) WAM based on weighted interest period
2015
Unknown
2013 0,02% 5,21% 87,81
2014 0,04% 2,98% 27,72
2011 0,84% 3,71% 34,15
2012 0,01% 3,85% 237,00
2009 5,95% 4,19% 71,41
2010 10,10% 3,70% 52,69
2007 25,38% 4,65% 63,05
2008 11,66% 4,87% 55,68
2005 10,37% 3,81% 44,65
2006 18,99% 4,27% 43,31
2003 5,61% 4,08% 34,47
2004 6,03% 3,67% 39,66
2001 1,14% 4,32% 29,42
2002 3,20% 4,27% 33,76
1999 0,04% 2,95% 55,00
2000 0,61% 3,68% 26,39
1997
1998
1995
1996
From ( >= )
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
<
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
9. Origination Date
User - Date / Time: DBU - 18 November 2015 14:50:39
Aggregate
Outstanding
Not. Amount
Nr of
Loans
% of
Total
112.622.721,17 683 13,85%
5.981.850,78 31 0,63%
155.617,48 1 0,02%
646.429.913,82 3.010 61,03%
292.930.221,40 1.207 24,47%
1.058.120.324,65 4.932 100,00%
(*) WAM based on weighted interest period
Utility building
Total 100,00% 4,27% 51,19
Unknown
Unspecified
Single garage for flat/appartment
Single garage for house
Single family house 61,09% 4,29% 51,13
Single family house with garage 27,68% 4,23% 53,67
Shop / House
Shop/private house
Retail property
Rural estate
Residential / business property
Residential farm
Other property / unknown 0,01% 2,65% 52,00
Recreational home
NRF Property
Office space
Houseboat
MVE / MGE property
Garage
House/Practice
Flat/appartment
Flat/appartment with garage
Conversion
Farm house
Condominium 10,64% 4,32% 45,26
Condominium with garage 0,57% 3,72% 47,50
Property
% of
Total
Weighted
Average
Coupon
Weighted
Average
Maturity
Caravan
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
10. Underlying Property
User - Date / Time: DBU - 18 November 2015 14:50:39
Until ( < )
Aggregate
Outstanding
Not. Amount
% of
Total
Nr of
Loanparts
% of
Total
1
2 582.684,71 0,06% 7 0,07%
3 135.000,00 0,01% 1 0,01%
4 188.234,71 0,02% 2 0,02%
5 10.540.019,29 1,00% 87 0,88%
6 123.228.556,00 11,65% 1.238 12,47%
7 54.982.032,06 5,20% 488 4,91%
8 171.276.583,17 16,19% 1.475 14,86%
9 283.420.588,68 26,79% 2.103 21,18%
10 157.595.337,06 14,89% 1.427 14,37%
11 96.264.394,50 9,10% 1.052 10,60%
12 56.135.703,31 5,31% 743 7,48%
13 62.650.529,75 5,92% 797 8,03%
14 25.335.388,40 2,39% 311 3,13%
15 10.978.132,61 1,04% 145 1,46%
16 4.807.140,40 0,45% 53 0,53%
17
18
19
20
>
Total 1.058.120.324,65 100,00% 9.929 100,00%
Unknown
4,27% 51,19
19
20
17
18
15 3,56% 33,98
16
13 4,17% 32,26
14 4,27% 28,47
11 3,69% 39,40
12 4,18% 35,60
9 4,18% 37,06
10 3,76% 47,21
7 4,88% 58,87
8 4,51% 59,21
5 3,74% 52,53
6 4,43% 77,56
3 4,53% 176,07
4 3,64% 33,16
1 3,62% 44,90
2 3,85% 237,00
From ( >= )
Weighted
Average
Coupon
Weighted
Average
Maturity
<
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
11. Seasoning
User - Date / Time: DBU - 18 November 2015 14:50:39
The Netherlands The Netherlands
Transaction Council
Allen & Overy LLP
Bank of Scotland Plc., Amsterdam Branch Rabobank Nederland
De Entrée 254 Croeselaan 18
1101 EE Amsterdam 3500 HG Utrecht
United Kingdom The Netherlands
Seller Seller Collection Account Provider
CITI Bank N.A. Stichting Security Trustee Candide Financing 2011-I
Canada Square 21st Floor Paying Agency Prins Bernhardplein 200
E14 5LB London 1097 JB Amsterdam
The Netherlands The Netherlands
Principal Paying and Reference Agent Security Trustee
Bank of Scotland Plc., Amsterdam Branch Bank of Scotland Plc., Amsterdam Branch
De Entrée 254 De Entrée 254
1101 EE Amsterdam 1101 EE Amsterdam
The Netherlands Ireland
MPT Provider Originator
Candide Financing 2011-I B.V. Arthur Cox Listing Services Limited
Prins Bernhardplein 200 Earlsfort Centre
1097 JB Amsterdam Earlsfort Terrace, Dublin 2
The Netherlands The Netherlands
Issuer Listing Agent
Intertrust Administrative Services B.V. Bank of Scotland Plc., Amsterdam Branch
Prins Bernhardplein 200 De Entrée 254
1097 JB Amsterdam 1101 EE Amsterdam
The Netherlands The Netherlands
Company Administrator Interest Rate Swap Counterparty
Bank of Scotland Plc., Amsterdam Branch PricewaterhouseCoopers N.V.
De Entrée 254 P.O. Box 90357
1101 EE Amsterdam 1006 BJ Amsterdam
Candide Financing 2011-I B.V.
Quarterly Information Report: 24 August 2015 - 23 November 2015
Contact Information
Account Bank Auditors
User - Date / Time: DBU - 18 November 2015 14:50:39