EX-20.3 4 dex203.htm EXHIBIT 20.3 Exhibit 20.3

Exhibit 20.3

CAPITAL ONE MASTER TRUST (COMT)

Performance Summary - November 2008

Capital One Master Trust (COMT)

 

Series

         COMT 2002-1  

Size

       $ 1,000 MM  

Expected Maturity (Class A)

         1/15/2009  

Gross Monthly Payment Rate

         15.56 %

Delinquency Rate:

      

30 - 59 Days

         1.39 %

60 - 89 Days

         1.10 %

90 + Days

         2.56 %
Excess Spread Analysis  

Series

         COMT 2002-1  

Portfolio Yield

         18.98 %

Weighted Average Coupon

         1.91 %

Servicing Fee Percentage

         2.00 %

Net Loss Rate

         6.16 %

Excess Spread Percentage

      

Nov-08

         8.91 %

Oct-08

         6.79 %

Sep-08

         8.71 %

3-Month Average Excess Spread

      8.14 %

Capital One Master Trust (COMT)

Note: Servicing Fee Percentage includes 0.75% paid as Servicer Interchange to Capital One Bank (USA), National Association as the Servicer of Capital One Master Trust.