Stratification Report for La Hipotecaria S.A. Panama€¦ · November 2008 The La Hipotecaria mortgage portfolio was stratified on a variety of axes to provide an overview of pool

Stratification Report for La Hipotecaria S.A.

Panama

Mortgages

November 2008

The La Hipotecaria mortgage portfolio was stratified on a variety of axes

to provide an overview of pool characteristics. Each characteristic

includes summary information as well as individual statistics by bucket.

The cutoff date is 11/30/2008.

Stratification ReportCutoff Date:

La Hipotecaria Panama - Mortgages

11/30/2008November 2008

For La Hipotecaria Panama

Original Term

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOriginal Term

351 352WA (remaining balance):WA (original balance):96 360Max:Min:

82196 4,604 0.00%0.00% 0.00%1 14.00% 96 74

203,982120 226,929 0.07%0.08% 0.07%31 10.34% 120 99

4,274144 4,300 0.00%0.00% 0.07%1 14.00% 144 129

59,857156 64,401 0.02%0.02% 0.10%4 7.58% 156 137

862,802180 992,229 0.31%0.33% 0.40%45 6.77% 180 145

114,926192 126,791 0.04%0.04% 0.45%4 5.63% 192 171

118,171204 150,873 0.04%0.05% 0.49%7 5.51% 204 151

218,721216 258,273 0.08%0.09% 0.57%10 5.57% 216 170

53,929228 70,828 0.02%0.02% 0.59%3 5.15% 228 149

2,196,839240 2,518,877 0.79%0.84% 1.37%107 5.79% 240 199

173,784252 217,015 0.06%0.07% 1.43%9 5.43% 252 180

576,237264 680,407 0.21%0.23% 1.64%24 5.49% 264 203

573,365276 697,429 0.21%0.23% 1.84%28 4.51% 276 210

773,440288 899,340 0.28%0.30% 2.12%38 4.22% 288 229

22,313,912300 27,707,196 7.98%9.21% 10.10%1,090 5.59% 300 217

1,235,732312 1,360,509 0.44%0.45% 10.54%47 4.29% 312 272

867,153324 967,326 0.31%0.32% 10.85%37 4.40% 324 282

1,545,370336 1,674,995 0.55%0.56% 11.41%63 4.19% 336 297

1,239,728348 1,371,560 0.44%0.46% 11.85%53 3.80% 348 300

246,472,651360 260,787,017 88.15%86.70% 100.00%9,466 3.56% 360 330

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263

Print Date: 12/5/2008Page 1 of 22 ASSET TECHNOLOGIES



11/30/2008November 2008


Original Balance

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOriginal Balance

43,407 - 5,000 50,643 0.02%0.02% 0.02%16 13.37% 120 91

210,2055,000 - 10,000 247,344 0.08%0.08% 0.09%33 8.60% 231 201

5,055,67710,000 - 15,000 5,581,984 1.81%1.86% 1.90%403 3.83% 342 299

31,012,75415,000 - 20,000 34,038,698 11.09%11.32% 12.99%1,913 3.36% 349 307

68,831,07720,000 - 25,000 76,192,371 24.62%25.33% 37.61%3,363 3.33% 349 304

53,340,26425,000 - 30,000 56,733,029 19.08%18.86% 56.68%2,071 3.90% 352 320

43,041,53130,000 - 35,000 45,843,640 15.39%15.24% 72.08%1,426 4.09% 352 320

27,370,78935,000 - 40,000 28,810,018 9.79%9.58% 81.87%774 4.07% 355 327

16,458,19740,000 - 45,000 17,174,833 5.89%5.71% 87.75%407 4.09% 355 329

11,591,00445,000 - 50,000 12,151,572 4.15%4.04% 91.90%257 4.15% 354 329

6,801,87050,000 - 55,000 7,249,974 2.43%2.41% 94.33%139 4.29% 350 314

5,031,31355,000 - 60,000 5,408,284 1.80%1.80% 96.13%94 4.55% 351 315

6,394,39260,000 - 65,000 6,667,280 2.29%2.22% 98.42%108 3.84% 353 329

1,596,85665,000 - 70,000 1,670,215 0.57%0.56% 98.99%25 5.13% 355 333

1,753,14070,000 - 75,000 1,803,300 0.63%0.60% 99.62%25 5.09% 353 338

435,74475,000 - 80,000 456,618 0.16%0.15% 99.77%6 5.84% 350 316

321,65480,000 - 85,000 324,799 0.12%0.11% 99.89%4 4.78% 345 339

219,30885,000 - 90,000 256,300 0.08%0.09% 99.97%3 7.84% 340 277

96,512120,000 - 125,000 120,000 0.03%0.04% 100.00%1 8.00% 300 188

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Original Property Value

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOriginal Property Value

30,340Average:2,100 166,500Max:Min:

4,005 - 5,000 4,280 0.00%0.00% 0.00%1 12.00% 120 82

2,131,60610,000 - 15,000 2,355,456 0.76%0.78% 0.76%172 2.56% 351 310

20,467,26215,000 - 20,000 22,791,463 7.32%7.58% 8.08%1,344 2.84% 351 304

51,026,72520,000 - 25,000 56,345,754 18.25%18.73% 26.33%2,648 3.08% 350 306

56,659,77325,000 - 30,000 61,421,495 20.26%20.42% 46.60%2,474 3.47% 352 313

42,222,15530,000 - 35,000 45,243,567 15.10%15.04% 61.70%1,545 4.01% 352 317

36,685,91635,000 - 40,000 38,817,719 13.12%12.91% 74.82%1,182 4.20% 352 322

19,036,40940,000 - 45,000 19,784,253 6.81%6.58% 81.63%543 4.43% 351 329

16,741,63645,000 - 50,000 17,503,175 5.99%5.82% 87.61%436 4.40% 353 329

8,368,70550,000 - 55,000 8,796,349 2.99%2.92% 90.61%203 4.66% 352 324

7,065,81055,000 - 60,000 7,566,967 2.53%2.52% 93.13%158 5.00% 349 309

9,373,52260,000 - 65,000 9,868,288 3.35%3.28% 96.49%178 3.86% 354 326

1,718,09365,000 - 70,000 1,767,582 0.61%0.59% 97.10%39 5.99% 346 325

1,166,93970,000 - 75,000 1,281,563 0.42%0.43% 97.52%25 6.24% 343 304

2,402,93975,000 - 80,000 2,478,636 0.86%0.82% 98.38%43 5.44% 347 327

1,046,23780,000 - 85,000 1,071,406 0.37%0.36% 98.75%16 5.80% 351 334

610,79885,000 - 90,000 625,202 0.22%0.21% 98.97%11 5.88% 352 335

1,040,07590,000 - 95,000 1,073,847 0.37%0.36% 99.34%18 5.87% 335 315

399,50595,000 - 100,000 407,077 0.14%0.14% 99.49%7 5.60% 350 334

350,959100,000 - 105,000 372,274 0.13%0.12% 99.61%7 7.51% 350 306

58,997105,000 - 110,000 59,624 0.02%0.02% 99.63%1 3.64% 360 355

209,444110,000 - 115,000 226,555 0.07%0.08% 99.71%4 8.29% 330 260

64,496115,000 - 120,000 65,550 0.02%0.02% 99.73%1 7.25% 360 336

55,252120,000 - 125,000 55,650 0.02%0.02% 99.75%1 6.75% 360 355

81,321125,000 - 130,000 83,800 0.03%0.03% 99.78%1 7.00% 300 287

59,599130,000 - 135,000 85,800 0.02%0.03% 99.80%1 7.75% 300 245

152,442140,000 - 145,000 180,650 0.05%0.06% 99.86%3 7.92% 317 236

166,068150,000 - 155,000 190,000 0.06%0.06% 99.91%2 7.63% 322 250

132,421160,000 - 165,000 135,360 0.05%0.05% 99.96%2 7.75% 272 251

106,585165,000 - 170,000 121,558 0.04%0.04% 100.00%2 7.75% 277 194

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Original Loan To Value

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOriginal LoanTo Value

91.70% 91.64%WA (remaining balance):WA (original balance):6.00% 204.00%Max:Min:

6,1790 %- 10% 6,400 0.00%0.00% 0.00%4 13.41% 120 97

52,29110 %- 20% 59,621 0.02%0.02% 0.02%12 11.28% 174 149

392,15620 %- 30% 418,197 0.14%0.14% 0.16%34 8.57% 269 242

754,81930 %- 40% 775,654 0.27%0.26% 0.43%42 7.17% 334 313

2,015,40240 %- 50% 2,125,384 0.72%0.71% 1.15%93 7.10% 320 291

3,882,81550 %- 60% 4,079,970 1.39%1.36% 2.54%168 6.49% 332 305

6,409,08560 %- 70% 6,756,394 2.29%2.25% 4.83%276 6.08% 333 305

14,215,08070 %- 80% 14,899,910 5.08%4.95% 9.92%556 5.21% 344 319

39,090,60980 %- 90% 41,717,688 13.98%13.87% 23.90%1,494 5.07% 345 310

212,741,53490 %- 100% 229,892,567 76.09%76.43% 99.98%8,386 3.32% 354 317

41,718100 %- 110% 44,836 0.01%0.01% 100.00%2 3.15% 343 309

4,005200 %- 210% 4,280 0.00%0.00% 100.00%1 12.00% 120 82

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Original Debt To Income

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOriginal Debt To Income


1,160,159Unknown 1,499,925 0.41%0.50% 0.41%61 4.37% 323 220

877,6360 %- 10% 974,772 0.31%0.32% 0.73%39 2.91% 343 306

13,216,03910 %- 20% 14,367,346 4.73%4.78% 5.46%559 3.64% 346 306

70,176,85220 %- 30% 75,969,650 25.10%25.26% 30.55%2,970 3.54% 351 313

86,487,18630 %- 40% 93,206,761 30.93%30.99% 61.49%3,374 3.87% 351 314

73,506,70240 %- 50% 78,942,912 26.29%26.25% 87.78%2,856 3.79% 352 317

30,269,94450 %- 60% 31,706,110 10.83%10.54% 98.60%1,077 4.25% 355 332

1,714,16460 %- 70% 1,821,917 0.61%0.61% 99.21%62 4.80% 335 304

2,018,75770 %- 80% 2,090,533 0.72%0.70% 99.94%64 5.04% 344 321

30,05380 %- 90% 34,823 0.01%0.01% 99.95%1 3.00% 300 244

60,43490 %- 100% 64,150 0.02%0.02% 99.97%2 7.68% 300 253

27,902100 %- 110% 30,511 0.01%0.01% 99.98%1 3.00% 360 313

15,979490 %- 500% 23,750 0.01%0.01% 99.98%1 2.25% 288 176

43,887530 %- 540% 47,738 0.02%0.02% 100.00%1 3.00% 348 304

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Original Borrower Rate

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOriginal Borrower Rate


3,843,1330% - 1% 3,893,579 1.37%1.29% 1.37%162 0.89% 354 346

11,301,7611% - 2% 11,851,584 4.04%3.94% 5.42%596 1.69% 359 339

83,290,2572% - 3% 87,227,760 29.79%29.00% 35.20%3,212 2.56% 358 335

75,915,6443% - 4% 79,894,683 27.15%26.56% 62.36%2,740 3.27% 357 330

40,321,5894% - 5% 44,837,047 14.42%14.91% 76.78%1,687 4.00% 352 300

16,892,9195% - 6% 21,265,764 6.04%7.07% 82.82%858 4.60% 330 238

14,777,3016% - 7% 15,951,943 5.29%5.30% 88.10%525 6.21% 344 308

30,972,0447% - 8% 33,111,223 11.08%11.01% 99.18%1,177 7.20% 336 299

1,054,2018% - 9% 1,207,570 0.38%0.40% 99.56%32 7.48% 304 225

638,9139% - 10% 786,634 0.23%0.26% 99.79%26 8.45% 300 207

441,78810% - 11% 567,106 0.16%0.19% 99.94%22 8.31% 291 182

52,71211% - 12% 63,340 0.02%0.02% 99.96%3 9.17% 253 161

26,58212% - 13% 34,368 0.01%0.01% 99.97%8 12.00% 120 87

76,85014% - 15% 88,300 0.03%0.03% 100.00%20 14.00% 120 92

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Original Subsidy

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOriginal Subsidy


41,713,6670% - 1% 43,323,750 14.92%14.40% 14.92%1,542 7.34% 339 314

2,723,2471% - 2% 2,869,350 0.97%0.95% 15.89%84 5.69% 345 314

24,085,0522% - 3% 25,541,295 8.61%8.49% 24.51%786 4.71% 350 319

55,803,6943% - 4% 58,935,084 19.96%19.59% 44.46%2,030 3.59% 354 326

108,735,4464% - 5% 118,193,991 38.89%39.30% 83.35%4,137 3.04% 354 314

41,532,4245% - 6% 46,753,582 14.85%15.54% 98.21%2,231 2.53% 352 300

5,012,1636% - 7% 5,163,848 1.79%1.72% 100.00%258 0.34% 360 349

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Remaining Term

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansRemaining Term

315 319WA (remaining balance):WA (original balance):360Max:Min:

154,222 - 59 377,394 0.06%0.13% 0.06%12 5.30% 323 5

336,74260 - 119 473,300 0.12%0.16% 0.18%44 8.23% 168 100

6,564,139120 - 179 9,146,631 2.35%3.04% 2.52%381 6.37% 279 169

11,040,425180 - 239 14,029,854 3.95%4.66% 6.47%574 4.74% 291 201

39,239,202240 - 299 45,251,316 14.03%15.04% 20.51%1,789 4.16% 342 272

218,976,744300 - 359 228,206,423 78.32%75.87% 98.82%8,163 3.58% 360 337

3,294,220360 - 419 3,295,980 1.18%1.10% 100.00%105 2.79% 360 360

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Remaining Balance

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansRemaining Balance

111,775 - 5,000 594,125 0.04%0.20% 0.04%45 10.76% 296 168

505,4625,000 - 10,000 712,109 0.18%0.24% 0.22%60 6.37% 285 204

12,661,83310,000 - 15,000 15,240,441 4.53%5.07% 4.75%949 3.77% 333 261

46,582,65215,000 - 20,000 52,642,964 16.66%17.50% 21.41%2,631 3.40% 347 292

62,912,49920,000 - 25,000 67,381,741 22.50%22.40% 43.91%2,804 3.37% 352 317

52,108,38025,000 - 30,000 55,013,158 18.64%18.29% 62.55%1,904 3.91% 354 323

36,542,43830,000 - 35,000 38,189,632 13.07%12.70% 75.62%1,135 4.04% 355 330

24,536,64935,000 - 40,000 25,597,838 8.78%8.51% 84.39%658 4.25% 355 330

15,092,08940,000 - 45,000 15,818,095 5.40%5.26% 89.79%356 3.96% 356 329

9,447,38945,000 - 50,000 9,789,592 3.38%3.25% 93.17%200 4.24% 353 332

5,806,09050,000 - 55,000 6,069,220 2.08%2.02% 95.24%111 4.21% 353 327

6,023,54555,000 - 60,000 6,273,807 2.15%2.09% 97.40%105 4.30% 354 332

3,756,78760,000 - 65,000 3,852,387 1.34%1.28% 98.74%61 4.04% 355 337

1,412,46065,000 - 70,000 1,445,405 0.51%0.48% 99.25%21 5.23% 354 338

1,373,24370,000 - 75,000 1,390,049 0.49%0.46% 99.74%19 4.78% 357 347

311,69375,000 - 80,000 320,537 0.11%0.11% 99.85%4 5.80% 360 333

324,19780,000 - 85,000 329,799 0.12%0.11% 99.97%4 5.51% 345 330

96,51295,000 - 100,000 120,000 0.03%0.04% 100.00%1 8.00% 300 188

Total 3.80% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Current Loan To Value

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansCurrent LoanTo Value


28,0450 %- 10% 425,922 0.01%0.14% 0.01%24 5.16% 318 180

129,42510 %- 20% 208,713 0.05%0.07% 0.06%23 8.76% 229 143

391,58920 %- 30% 475,717 0.14%0.16% 0.20%30 7.45% 304 236

1,374,47330 %- 40% 1,568,481 0.49%0.52% 0.69%74 7.02% 318 271

2,713,60640 %- 50% 3,085,090 0.97%1.03% 1.66%131 6.54% 313 274

6,105,46050 %- 60% 7,085,663 2.18%2.36% 3.84%289 5.93% 322 264

16,565,32560 %- 70% 20,405,272 5.92%6.78% 9.77%844 5.42% 316 237

36,510,47570 %- 80% 41,104,066 13.06%13.67% 22.82%1,603 4.55% 344 285

103,031,99180 %- 90% 109,179,732 36.85%36.30% 59.67%3,881 4.17% 356 323

112,671,68590 %- 100% 117,158,248 40.30%38.95% 99.97%4,166 2.66% 359 339

79,615100 %- 110% 79,716 0.03%0.03% 100.00%2 2.78% 360 357

4,005190 %- 200% 4,280 0.00%0.00% 100.00%1 12.00% 120 82

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Current Borrower Rate

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansCurrent Borrower Rate


3,860,6580% - 1% 3,935,746 1.38%1.31% 1.38%178 0.13% 360 352

7,252,9801% - 2% 7,528,610 2.59%2.50% 3.97%384 1.56% 359 343

75,259,9372% - 3% 80,225,462 26.92%26.67% 30.89%3,349 2.39% 357 327

112,136,5273% - 4% 121,196,489 40.11%40.29% 71.00%4,087 3.25% 355 317

25,397,2624% - 5% 27,346,901 9.08%9.09% 80.08%888 4.33% 352 314

4,181,0915% - 6% 4,734,979 1.50%1.57% 81.58%140 5.25% 342 278

17,822,5436% - 7% 19,861,923 6.37%6.60% 87.95%721 6.73% 334 290

31,993,7867% - 8% 33,914,197 11.44%11.28% 99.39%1,229 7.45% 336 302

1,281,4558% - 9% 1,514,368 0.46%0.50% 99.85%46 8.28% 302 215

258,7479% - 10% 336,604 0.09%0.11% 99.94%15 9.24% 305 195

35,46410% - 11% 38,312 0.01%0.01% 99.96%1 10.00% 360 337

21,81211% - 12% 24,640 0.01%0.01% 99.96%2 11.00% 180 156

26,58212% - 13% 34,368 0.01%0.01% 99.97%8 12.00% 120 87

76,85014% - 15% 88,300 0.03%0.03% 100.00%20 14.00% 120 92

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Current Subsidy

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansCurrent Subsidy


53,080,3720% - 1% 57,669,961 18.98%19.17% 18.98%2,105 7.15% 334 293

5,449,5141% - 2% 6,142,976 1.95%2.04% 20.93%185 5.04% 345 284

42,166,6742% - 3% 46,027,423 15.08%15.30% 36.01%1,566 4.06% 351 308

124,571,0113% - 4% 133,152,938 44.55%44.27% 80.57%4,494 3.04% 356 323

48,550,8834% - 5% 51,778,106 17.36%17.21% 97.93%2,404 2.08% 357 328

2,310,4505% - 6% 2,511,156 0.83%0.83% 98.76%165 1.00% 358 328

3,476,7906% - 7% 3,498,341 1.24%1.16% 100.00%149 0.05% 360 358

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Current Total Rate

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansCurrent Total Rate


69,7372% - 3% 101,930 0.02%0.03% 0.02%5 2.62% 310 191

507,2673% - 4% 593,164 0.18%0.20% 0.21%19 3.60% 337 276

589,6324% - 5% 666,628 0.21%0.22% 0.42%24 4.27% 340 294

349,1755% - 6% 385,395 0.12%0.13% 0.54%17 3.56% 346 300

240,216,5656% - 7% 258,789,533 85.91%86.04% 86.45%9,537 3.27% 354 318

36,172,4077% - 8% 38,207,658 12.94%12.70% 99.39%1,374 7.15% 338 306

1,281,4558% - 9% 1,514,368 0.46%0.50% 99.85%46 8.28% 302 215

258,7479% - 10% 336,604 0.09%0.11% 99.94%15 9.24% 305 195

35,46410% - 11% 38,312 0.01%0.01% 99.96%1 10.00% 360 337

21,81211% - 12% 24,640 0.01%0.01% 99.96%2 11.00% 180 156

26,58212% - 13% 34,368 0.01%0.01% 99.97%8 12.00% 120 87

76,85014% - 15% 88,300 0.03%0.03% 100.00%20 14.00% 120 92

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Origination Year

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansOrigination Year

580,9981997 870,829 0.21%0.29% 0.21%29 6.98% 296 162

5,338,3461998 7,700,003 1.91%2.56% 2.12%329 6.56% 301 177

7,815,9201999 10,377,037 2.80%3.45% 4.91%429 3.85% 325 213

6,576,1572000 8,357,924 2.35%2.78% 7.26%340 3.73% 340 239

6,788,8792001 8,235,670 2.43%2.74% 9.69%337 3.81% 347 257

6,431,7132002 7,523,747 2.30%2.50% 11.99%308 3.65% 351 275

9,832,2862003 11,148,766 3.52%3.71% 15.51%429 3.60% 353 288

17,807,0022004 19,839,780 6.37%6.60% 21.88%758 3.49% 348 296

32,770,1372005 35,384,335 11.72%11.76% 33.60%1,319 3.65% 353 313

56,237,8192006 59,290,093 20.11%19.71% 53.71%2,218 3.85% 353 325

67,918,5022007 69,988,284 24.29%23.27% 78.00%2,535 3.80% 356 339

61,507,9352008 62,064,431 22.00%20.63% 100.00%2,037 3.64% 357 351

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Subsidy Expiration Year

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansSubsidy expiration Year

41,104,696Unknown 42,678,923 14.70%14.19% 14.70%1,524 7.38% 339 314

31,2432000 31,383 0.01%0.01% 14.71%1 4.31% 360 356

26,2752003 26,527 0.01%0.01% 14.72%1 3.24% 360 355

30,7022004 30,907 0.01%0.01% 14.73%1 3.53% 360 356

24,6122005 24,672 0.01%0.01% 14.74%1 3.07% 360 357

116,9792006 122,125 0.04%0.04% 14.78%4 7.16% 348 311

1,510,3732007 1,843,385 0.54%0.61% 15.32%60 6.90% 320 240

9,277,1942008 11,824,719 3.32%3.93% 18.64%484 6.53% 317 227

15,144,9822009 17,933,871 5.42%5.96% 24.06%701 3.84% 337 265

14,301,5822010 16,349,669 5.11%5.44% 29.17%626 3.76% 348 287

15,987,6042011 17,668,220 5.72%5.87% 34.89%682 3.82% 352 301

15,968,7562012 17,337,340 5.71%5.76% 40.60%691 3.60% 354 313

19,657,7492013 21,198,597 7.03%7.05% 47.63%792 3.44% 357 317

22,791,1992014 24,750,429 8.15%8.23% 55.78%924 3.03% 357 316

28,975,2082015 31,048,514 10.36%10.32% 66.15%1,145 2.76% 358 323

32,026,5852016 33,831,281 11.45%11.25% 77.60%1,264 2.61% 358 331

33,957,9662017 35,086,944 12.14%11.67% 89.75%1,250 2.57% 359 343

28,671,9892018 28,993,394 10.25%9.64% 100.00%917 2.31% 359 354

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Property Type

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansProperty Type

12,125,432COND 12,780,700 4.34%4.25% 4.34%454 3.39% 354 327

267,480,261SFH 288,000,200 95.66%95.75% 100.00%10,614 3.83% 351 315

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Loan Purpose

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansLoan Purpose

101,483,478Cash Out Refinance 104,735,505 36.30%34.82% 36.30%3,723 5.09% 350 331

173,835,274New Property 191,652,969 62.17%63.72% 98.47%7,159 3.04% 352 307

4,286,941Used Property 4,392,426 1.53%1.46% 100.00%186 6.62% 350 333

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Current Delinquency Status

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansDelinquency Status

247,445,172Current 266,642,905 88.50%88.65% 88.50%9,804 3.75% 351 316

19,726,04730 20,956,300 7.05%6.97% 95.55%753 4.25% 351 313

7,843,83960 8,303,660 2.81%2.76% 98.36%307 4.22% 351 313

2,988,57790 3,146,486 1.07%1.05% 99.43%118 4.10% 352 315

680,769120 738,932 0.24%0.25% 99.67%29 3.92% 350 296

259,009150 265,656 0.09%0.09% 99.76%11 3.91% 353 326

136,946180 144,013 0.05%0.05% 99.81%7 4.33% 351 310

47,947210 49,295 0.02%0.02% 99.83%2 2.61% 360 328

4,668240 5,000 0.00%0.00% 99.83%2 14.00% 120 88

64,910270 66,220 0.02%0.02% 99.85%2 7.75% 335 300

69,395300 75,195 0.02%0.03% 99.88%4 4.70% 332 274

48,058330 50,506 0.02%0.02% 99.90%4 3.59% 331 290

9,388360 10,375 0.00%0.00% 99.90%2 14.00% 120 89

280,967390+ 326,356 0.10%0.11% 100.00%23 5.30% 313 252

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


State

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansState

70,982Unknown 73,000 0.03%0.02% 0.03%3 3.65% 360 342

112,913Bocas del Toro 116,173 0.04%0.04% 0.07%4 2.79% 360 345

20,007,998Chiriquí 20,896,622 7.16%6.95% 7.22%746 3.11% 356 334

3,415,722Coclé 3,603,886 1.22%1.20% 8.44%127 3.50% 354 327

16,679,727Colón 17,526,870 5.97%5.83% 14.41%570 3.23% 357 331

11,779,018Herrera 12,281,048 4.21%4.08% 18.62%426 3.68% 358 336

3,618,953Los Santos 3,767,087 1.29%1.25% 19.92%151 3.58% 359 337

205,215,657Panamá 222,967,309 73.39%74.13% 93.31%8,373 3.98% 349 309

18,704,723Veraguas 19,548,905 6.69%6.50% 100.00%668 3.35% 359 335

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Payment Method

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentRemaining BalancePercentOriginal BalanceLoansPayment Method

3,548,509ACH 3,901,559 1.27%1.30% 1.27%143 4.18% 340 299

238,639,976DD 255,126,306 85.35%84.82% 86.62%9,287 3.77% 352 319

37,417,208VOL 41,753,034 13.38%13.88% 100.00%1,638 4.01% 345 294

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Employer

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentageRemaining BalancePercentageOriginal BalanceLoansEmployer

31,534,948MINISTERIO DE EDUCACION (7) 33,302,613 11.28%11.07% 11.28%1,125 3.81% 355 327

13,908,807CAJA DEL SEGURO SOCIAL 14,866,587 4.97%4.94% 16.25%491 4.27% 351 318

10,697,725MINISTERIO DE SALUD (12) 11,626,881 3.83%3.87% 20.08%413 4.30% 351 311

8,947,041MIN.DE GOBIERNO Y JUSTICIA (4) 9,766,803 3.20%3.25% 23.28%402 3.33% 354 313

6,911,610C.S.S.JUBILADOS Y PENSIONADO 7,519,782 2.47%2.50% 25.75%247 4.60% 332 292

4,227,117AUTORIDAD DEL CANAL DE PANAMA 4,572,471 1.51%1.52% 27.26%126 4.59% 349 308

3,098,880MINISTERIO DE GOBIERNO Y JUSTICIA 3,159,800 1.11%1.05% 28.37%120 3.07% 360 349

2,676,380UNIVERSIDAD DE PANAMA 2,926,352 0.96%0.97% 29.33%103 4.44% 348 307

2,089,634CABLE AND WIRELESS 2,324,850 0.75%0.77% 30.08%71 4.45% 353 302

1,641,964INDUSTRIAS LACTEAS 1,706,773 0.59%0.57% 30.66%70 3.55% 354 333

193,871,587Otros 209,007,986 69.34%69.49% 100.00%7,900 3.72% 351 314

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263




11/30/2008November 2008


Project

Remaining Term (WA)Original Term (WA)Interest Rate (WA)CumulativePercentageRemaining BalancePercentageOriginal BalanceLoansProject

5,056,980LA SIESTA 5,478,386 1.81%1.82% 1.81%305 2.19% 359 321

3,870,055VILLAS DE DON BOSCO 4,887,952 1.38%1.63% 3.19%203 3.96% 342 243

3,922,519LA RIVIERA 4,320,603 1.40%1.44% 4.60%143 3.30% 357 310

2,497,931CIUDAD HATO MONTAÑA 2,808,747 0.89%0.93% 5.49%118 3.00% 350 297

2,904,931LAS PRADERAS DE SAN ISIDRO 3,019,877 1.04%1.00% 6.53%111 2.80% 360 339

1,659,766LAS PERLAS DE PILON 1,764,226 0.59%0.59% 7.12%97 2.05% 359 331

2,135,578URBANIZACION NUEVO HORIZONTE 2,296,248 0.76%0.76% 7.89%97 2.19% 359 324

1,255,075CIUDAD DEL FUTURO 1,757,255 0.45%0.58% 8.33%93 5.54% 312 195

1,587,444PUNTA DEL ESTE 1,940,572 0.57%0.65% 8.90%84 3.33% 358 270

2,982,457PORTALES DE ALTOS DE SAN JUDAS 3,155,340 1.07%1.05% 9.97%80 2.98% 359 328

1,389,473VILLA BELEN 1,724,241 0.50%0.57% 10.47%80 3.33% 347 252

250,343,485Otros 267,627,452 89.53%88.98% 100.00%9,657 3.90% 351 318

Total 3.81% 351 315300,780,899 279,605,69311,068 100.00%

Minimum 0.00% 96 01,000 0

Maximum 14.00% 360 360120,000 96,512

Average 27,176 25,263


Documents

Stratification Report for La Hipotecaria S.A. Panama€¦ · November 2008 The La Hipotecaria mortgage portfolio was stratified on a variety of axes to provide an overview of pool