Huaneng Guicheng Trust Releases 67th Monthly Report for CMB Home 2020-8 RMBS

Huaneng Guicheng Trust Co., Ltd. released the 67th monthly report for the "CMB Home 2020 Issue 8 Residential Mortgage-Backed Securities Trust." As of June 30, 2026, the outstanding principal balance of the asset pool was approximately RMB 1.991 billion, with a cumulative default rate of 0.8929%. During the reporting period, the Priority A-2 tranche paid RMB 36.64 million in principal and RMB 2.88 million in interest.

Source: 中国债券信息网

Huaneng Guicheng Trust Co., Ltd. published the 67th monthly report for the "CMB Home 2020 Issue 8 Residential Mortgage-Backed Securities Trust" on July 13, 2026. The report covers the collection period from May 31, 2026 (exclusive) to June 30, 2026 (inclusive).

Regarding asset pool performance, as of the end of the reporting period, the total number of mortgage loans was 6,447, with an aggregate outstanding principal balance of RMB 1,991,238,166.48. Normal loans accounted for 6,347 loans, representing 98.45% of the pool by number and 97.47% by balance. Loans delinquent for more than 30 days totaled 100 loans, with a balance share of approximately 2.05%.

The cumulative default rate continued to rise. The report shows a cumulative default rate of 0.8929% as of June 30, 2026, up from 0.8644% in the previous period. This metric has been steadily increasing since the trust was established in December 2020.

For securities payments, the Priority A-2 tranche, with a coupon rate of 3.25%, paid principal of RMB 36,641,424.60 and interest of RMB 2,880,264.90 during the period, totaling RMB 39,521,689.50. The Priority A-1 and Subordinated tranches received no principal or interest payments in this period.

The report specifies that the trustee, Huaneng Guicheng Trust, prepared this report based on information from the loan servicer, China Merchants Bank Co., Ltd., and the fund custodian, Bank of Communications Co., Ltd. No material events such as acceleration, default, or perfection events occurred during the period.

Cash inflows for the period included RMB 5,116,559.65 in the revenue account and RMB 34,675,083.38 in the principal account. Trust-related taxes and fees totaled RMB 268,719.72, and securities principal and interest payments amounted to RMB 39,521,689.50.

Key characteristics of the underlying assets included a weighted average remaining maturity of 13.44 years and a weighted average mortgage rate of 3.10%. Defaulted loan resolutions, both judicial and non-judicial, involved 104 loans, representing 0.7938% of the initial pool by number.