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Bulletin: Ratings On Dutch Dream 2001-1 And DUKE 2002 Unchanged After Latest Servicer Reports Oct 06
Standard & Poors, Oct 2006
Abstract
LONDON (Standard & Poor's) Oct. 9, 2006-Standard & Poor's Ratings Services said today that it had reviewed two synthetic transactions originated by Westfaelische Hypothekenbank AG, now Hypo Real Estate Bank AG (Hypo, BBB+/Positive/A-2). The review of Dutch Dream 2001-1 and DUKE 2002 Ltd. showed that performance in both transactions is stable and no rating action is warranted at this time (see list below). Hypo, the servicer in both transactions, released its report on Dutch Dream 2001-1 in June 2006 and its report on DUKE 2002 in July 2006. Highlights of the key performance issues that Standard & Poor's is most closely monitoring are given in a Transaction Update report published today. Dutch Dream 2001-1 closed in December 2001 with an...
Companies mentioned in this report are: Deutsche Pfandbriefbank AG
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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