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Rating Raised On Dutch RMBS Transaction Dutch MBS XV's Class C Notes Due To Increased Credit Enhancement Dec 11
Standard & Poors, December 2011
OVERVIEW Stable collateral performance, combined with an increase in credit enhancement, has led us to raise our rating on the class C notes. We have also affirmed our ratings on the class A1, A2, B, D, and E notes. Dutch MBS XV is an RMBS transaction backed by prime Dutch residential loans. LONDON (Standard & Poor's) Dec. 8, 2011--Standard & Poor's Ratings Services today raised its credit rating on Dutch MBS XV B.V.'s class C notes. At the same time, we affirmed our ratings on the remaining capital structure (see list below). These rating actions follow our credit and cash flow analysis of Dutch MBS XV. We have taken these actions primarily due to deleveraging of the transaction, which has...
Companies mentioned in this report are: Dutch MBS XV B.V.
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Dutch MBS XV B.V.