The pool for Miravet 2025-1 DAC contains €308 million (including loans in 12+ month arrears) reperforming residential mortgage loans located in Spain. The loans were originated by multiple lenders: Caixabank, S.A., Bankia, S.A., Caixa d'Estalvis de Girona, Barclays Bank, S.A.U., Banco de Valencia, S.A., Caja Sol, Caja Navarra, Caja Canarias, and Caja Burgos. The assets present in this portfolio have been originated by multiple lenders, mainly before the global financial crisis (GFC). Some of these lenders have since been consolidated into larger banking groups (see table 1). At the time of origination, mainly before 2008, the lenders in the pool were all considered prime lenders in Spain that had good customer relationships. Full valuations were required during origination, and their