Huaneng Guicheng Trust Co., Ltd. compiled and disclosed the 67th monthly report of the 'CMB Hejia 2020-7 Residential Mortgage-Backed Securitization Trust' on July 13, 2026, covering the collection period from May 31, 2026 (exclusive) to June 30, 2026 (inclusive). The trust was established on December 22, 2020, with China Merchants Bank Co., Ltd. as originator and China CITIC Bank Co., Ltd. Shenzhen Branch as the funds custodian.
As of the end of the period, the asset pool's unpaid principal balance was RMB 1,997,715,582.84, consisting of 6,467 mortgage loans. Of these, 6,335 were current loans, representing 97.05% by amount; 21 loans were 1-30 days delinquent (0.30%); 15 loans were 31-60 days delinquent (0.23%); 13 loans were 91-180 days delinquent (0.35%); and 83 loans were over 180 days delinquent (2.06%).
Regarding securities payments, the Class A-2 notes had an ending balance of RMB 1,000,512,676.80, with principal paid during the period of RMB 28,353,206.70, representing a payout ratio of 1.2513%; interest paid at a 3.00% coupon was RMB 2,536,929.58. No principal or interest was paid on the Class A-1 or subordinated notes.
The cumulative default rate of the asset pool has risen steadily since trust establishment, reaching 1.0005% by the end of this collection period. In terms of defaulted loan resolution, a cumulative 134 loans entered the resolution process, including 26 handled through non-litigation methods, 96 through litigation, and 12 settled after resolution.
Regarding trust administration, the report confirms that none of the 15 categories of material events, such as early amortization events, default events, or perfection events, occurred during the period. The trustee emphasized that the report was prepared based on servicer and custodian reports and is disclosed on ChinaBond, China Money, and CFEA websites.