The high quality of German securitisation transactions reflects the high quality of the standards applied to lending and loan processing.

That is also signalled by the certificate CERTIFIED BY TSI ‒ DEUTSCHER VERBRIEFUNGSSTANDARD. The brand label DEUTSCHER VERBRIEFUNGSSTANDARD is founded on clearly defined rules for transparency, disclosure, lending and loan processing. Detailed guidelines and samples for investor reporting ensure high transparency for investors and the Originator guarantees, by means of a declaration of undertaking, the application of clear rules for lending and loan processing as well as for sales and back office incentive systems. The offering circular, the declaration of undertaking and all investor reports are publicly available on the TSI website, thus ensuring free access to relevant information.

The following table gives an overview of the asset classes covered by the certification, together with the criteria governing the asset pools and the special purpose vehicle. The table has been designed for interactive use. More detailed information can be obtained by clicking on the relevant field: