29.01.2014 17:23:00
|
Moody's confirms 3 notes in two Dutch RMBS transactions: E-MAC NL 2006-III and HERMES XII
London, 29 January 2014 -- Moody's Investors Service has today confirmed the rating of one junior note in the residential mortgage-backed securities (RMBS) transaction E-MAC Program B.V./ Compartment NL 2006-III and confirmed the ratings of two mezzanine notes in HOLLAND MORTGAGE BACKED SERIES (HERMES) XII B.V. Sufficient protection of the notes ratings from swap counterparty exposure has prompted today's action. At the same time, Moody's affirmed the ratings of all tranches in these two transactions which were not on review for possible downgrade.