EX-20.3 4 dex203.htm EXHIBIT 20.3 Exhibit 20.3

Exhibit 20.3

CAPITAL ONE MASTER TRUST (COMT)

Performance Summary - December 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

      17.13 %

Delinquency Rate:

      1.42 %

30 - 59 Days

      1.11 %

60 - 89 Days

      2.66 %

90 + Days

   

 

Excess Spread Analysis

 

 

Series

    COMT 2002-1  

Portfolio Yield

      19.84 %

Weighted Average Coupon

      1.48 %

Servicing Fee Percentage

      2.00 %

Net Loss Rate

      6.88 %

Excess Spread Percentage

   

Dec-08

      9.49 %

Nov-08

      8.91 %

Oct-08

      6.79 %

3-Month Average Excess Spread

      8.40 %

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.