Docstoc

Maxis Report No2005-1 October 2009

Document Sample
Maxis Report No2005-1 October 2009 Powered By Docstoc
					Monthly Investment Report as at 12 November 2009




Current Principal Amount                                       Current Interest Amount                Coupon Rate
                                                                    12 October 2009                  12 October 2009
                                                                  12 November 2009                 12 November 2009

Class A Bonds                      108,065,015                               329,339                         3.5883%
Class B Bonds                       14,100,000                                44,169                         3.6883%

Principal Collections                (4,601,378)



Total Portfolio                   117,563,637                                373,507


Factors @ 12 November 2009         0.217710438
Class A Bonds                      0.191599327

Number of Loans                           1,218
Average Loan Size                        96,522
Maximum Loan Size                       686,359
Weighted Average LVR                        61%
Maximum LVR                                 90%
Average Seeding (months)                      72

                                                                        monthly           quarterly    since inception
                                                                      6 Oct 2009         6 Aug 2009     9 Dec 2005
Prepayment Analysis                                                   4 Nov 2009         4 Nov 2009     4 Nov 2009

CPR                                                                     35.35%            38.16%          30.80%
SMM                                                                      3.57%             3.93%          3.02%


Issuer:                      Perpetual Limited
Manager:                     ME Portfolio Management Limited
Trustee:                     Perpetual Limited
Lead Manager:                Credit Suisse First Boston Aust. Sec. Limited
Register:                    Perpetual Limited




                                          ME Portfolio Management Limited ACN 005 964 134
Geographic Location                                   Loan to Value Ratio
                Metro         Country    $000 loans                            $000 loans      %

VIC                    8%         11%       22,783    >80% & <= 90%                 19,492   17%
NSW                10%            13%       27,338    >70% & <= 80%                 26,411   22%
QLD                    4%          6%       11,989    >60% & <= 70%                 22,142   19%
WA                 10%             2%       14,280    >50% & <= 60%                 17,231   15%
SA                     7%          1%        9,078    >40% & <= 50%                 11,796   10%
TAS                18%             6%       27,931    >30% & <= 40%                  9,769    8%
ACT                    4%          0%        4,165    >25% & <= 30%                  4,533    4%
NT                     0%          0%            0    <=25%                          6,190    5%

TOTAL             61%             39%      117,564    TOTAL                       117,564    100%



Loan Size                                             Loan Term
                            $000 loans           %                             $000 loans      %

>$250,000                      17,390          15%    <= 5 years                      -       0%
>$200,000 & <$250,000          12,557          11%    5 - 10 years                    331     0%
>$150,000 & <$200,000          24,754          21%    > 10 & <= 15 years              964     1%
>$100,000 & <$150,000          29,647          25%    > 15 & <= 20 years            7,063     6%
>$50,000 & <$100,000           24,224          20%    > 20 years                  109,206    93%
<= $50,000                      8,992           8%

TOTAL                         117,564         100%    TOTAL                       117,564    100%



Loan Security                                         Interest Option
                            $000 loans           %                             $000 loans      %

House                         102,660          87%    Variable                     94,611    80%
Apartment                         187           0%    Fixed <3 years               20,752    18%
Unit                           10,745          10%    Fixed >3 years                2,201     2%
Land                            3,972           3%
Townhouse                         -             0%

TOTAL                         117,564         100%    TOTAL                       117,564    100%



Mortgage Insurance                                    Owner/Investor Split
                            $000 loans           %                             $000 loans      %

GEMICO                        114,019          97%    Owner Occupied               94,841    81%
HLIC                            3,104           3%    Investment                   22,723    19%
HLIC PL                           441           0%

TOTAL                         117,564         100%    TOTAL                       117,564    100%



Loan Purpose                                          Interest Rate Exposure
                            $000 loans           %                             $'000 loans     %

Refinance                      26,905          23%    > 8.00%                       3,653     3%
Renovation                      2,695           2%    > 7.00% & <= 8.00%            7,938     7%
Purchase                       43,448          37%    > 6.00% & <= 7.00%          105,973    90%
Construction                    5,366           5%    <= 6.00%                        -       0%
Other                          39,150          33%

TOTAL                         117,564         100%    TOTAL                       117,564    100%
                                                                       monthly                          quarterly                   since inception
                                                                    6 Oct 2009                       6 Aug 2009                         9 Dec 2005
Repayment Analysis                                                 4 Nov 2009                        4 Nov 2009                         4 Nov 2009

Balance @ Determination Date                                      122,165,015                       132,366,182                        540,000,000

Scheduled Repayments                                                  248,948                           807,898                        23,384,251
Prepayments                                                         4,772,525                        15,010,532                       444,068,348

Top Up:                                                                   -                                 -                          (12,362,023)
Redraw Advances:                                                     (420,095)                       (1,015,884)                       (32,654,213)

Balance @ 4 Nov 2009                                             117,563,637                       117,563,637                        117,563,637
*Top up date matured 8/4/2008


Delinquency & Foreclosure Information

30-59 days                                                               Oct-09                            Sep-09                                Aug-09
Number of loans                                                              4                                 5                                  8
Outstanding Balance ($)                                                803,957                           897,480                          1,499,003
% of Pool Outstanding Balance                                            0.68%                             0.73%                              1.16%

60-89 days
Number of loans                                                              2                                 3                                  1
Outstanding Balance ($)                                                261,770                           612,942                            116,989
% of Pool Outstanding Balance                                            0.22%                             0.50%                              0.09%

90+ days
Number of loans                                                              6                                 8                                 12
Outstanding Balance ($)                                                634,655                           661,101                          1,471,117
% of Pool Outstanding Balance                                            0.54%                             0.54%                              1.14%

TOTAL Delinquencies
Number of loans                                                             12                                16                                 21
Outstanding Balance ($)                                              1,700,381                         2,171,524                          3,087,109
% of Pool Outstanding Balance                                            1.45%                             1.78%                              2.39%

Pool Information
Number of loans                                                           1,218                             1,245                                1,282
Outstanding Balance ($M)                                                    118                               122                                  129

Claims to MI for month*                                                     -                                 -                                    -




Note:
Each housing loan is insured under a mortgage insurance policy. Each housing loan held by the fund is insured under one of the following
master mortgage insurance policies:
* master policy with the Commonwealth of Australia dated July 4th, 1994;
* master policy with GE Mortgage Insurance Pty Limited (formerly Housing Loans Insurance Corporation Pty Limited (ACN 071 466 334)
  dated 12 Dec,1997;
* master policy with GE Capital Mortgage Insurance Corporation (Australia) Pty Limited (ACN 081 488 440) and GE Mortgage Insurance Pty Limited
 (ACN 071 466 334) which is effective from October 25,1999.
For further details on the above mortgage Insurance policies reference should be made to the Offering circular and the Transaction Documents.
Please note that limitations and exclusions apply with the mortgage Insurance policies, including 'timely payment cover' for a limited period.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:19
posted:3/26/2010
language:English
pages:3