Moody's Places EMEA RMBS Transactions with Lehman Exposure on Review For Possible Downgrade - Rating Action - 2008/09/17 - Moody's Global Credit Research

Report title: Moody's Places EMEA RMBS Transactions with Lehman Exposure on Review For Possible Downgrade

from Moody's Global Credit Research
7455 word report published Sep 17, 2008

Price $150.00 available for immediate download

Report Overview

Search Inside

About Moody's Global Credit Research

Global Credit Research Rating Action ## SEP #### Rating Action: EMFNL ####-# B.V. Moody's Places EMEA RMBS Transactions with Lehman Exposure on Review For Possible Downgrade ## European RMBS transactions affected. London, ## September...

Report Type:

Rating Action

Issuer:

Berica 6 Residential MBS S.r.l.; EMF-NL Prime 2008-A B.V.; EMF-UK 2008-1 PLC; ...

Free Sample:

Click Here to Download

Format:

HTML

Enter the keyword(s) which you would like to search for within this document and click "Search"

Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

Also from Moody's Global Credit Research

Sestante Finance S.r.l. - Series 2005 - Performance Overview $300.00
CREDIT RATINGS ARE MOODY'S INVESTORS SERVICE, INC.'S (MIS) CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT...
Sestante Finance S.r.l. - Series 2006 - Performance Overview $300.00
CREDIT RATINGS ARE MOODY'S INVESTORS SERVICE, INC.'S (MIS) CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT...
Sestante Finance S.r.l. - Series 2004 - Performance Overview $300.00
CREDIT RATINGS ARE MOODY'S INVESTORS SERVICE, INC.'S (MIS) CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT...
Berica 6 Residential MBS S.r.l. - Performance Overview $300.00
CREDIT RATINGS ARE MOODY'S INVESTORS SERVICE, INC.'S (MIS) CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES. MIS DEFINES CREDIT RISK AS THE RISK THAT AN ENTITY MAY NOT...
Eurosail-NL 2007-1 B.V. - Performance Overview $300.00
...Delinquencies - Reserve Fund - Reduction: The reserve fund starts amortising when delinquencies >90 days do not exceed 17.5% of aggregate balance of all loans. Losses - Cumulative - Reserve Fund - Reduction: The reserve fund starts amortising when principal losses are less than 1.25% of the initial mortgage balance. PDL - Other: Liquidity facility amortises when PDL is zero. Delinquencies - Other: Liquidity facility amortises when delinquencies >90 days do not exceed 17.5% of aggregate balance of all loans. Losses - Cumulative - Other: Liquidity facility amortises when principal losses are less than 1.25% of the initial mortgage balance. PDL - Switch to pro rata: Amortisation is switched to pro rata when PDL is zero. Losses - Cumulative - Switch to pro rata: Amortisation is switched to pro rata when principal losses are less than 1.25% of the initial mortgage balance. Delinquencies - Switch to pro rata: Amortisation is switched to pro rata when delinquencies >90 days do not exceed 17.5%...
Eurosail-NL 2007-2 B.V. - Performance Overview $300.00
...Footnotes - Trigger Description PDL - Reserve Fund - Reduction: The reserve fund starts amortising when PDL is zero. Delinquencies - Reserve Fund - Reduction: The reserve fund starts amortising when delinquencies >90 days do not exceed 17.5% of aggregate balance of all loans. Losses - Reserve Fund - Reduction: The reserve fund starts amortising when principal losses are less than 1.25% of the initial mortgage balance. PDL - Other: Liquidity facility amortises when PDL is zero. Reserve Fund - Other: Liquidity facility amortises when the reserve fund is at its required level. Delinquencies - Other: Liquidity facility amortises when delinquencies >90 days do not exceed 17.5% of aggregate balance of all loans. Losses - Other: Liquidity facility amortises when principal losses are less than 1.25% of the initial mortgage balance. PDL - Switch to pro rata: Amortisation is switched to pro rata when PDL is zero. Losses - Switch to pro rata: Amortisation is switched to pro rata when principal losses...
EMF-NL Prime 2008-A B.V. - Performance Overview $300.00
...Footnotes - Trigger Description PDL - Reserve Fund - Reduction: Reserve fund amortises provided the PDL = 0 Delinquencies - Reserve Fund - Reduction: Reserve fund amortises provided the loans > 90 days in arrears do not exceed 17.5% of aggregate balance of all loans Losses - Cumulative - Reserve Fund - Reduction: Reserve fund amortises provided that prinicpal losses are lower than 1.25% of the initial mortgage balance. PDL - Other: Liquidity will amortise provided PDL balance = 0. Delinquencies - Other: Liquidity facility amortises provided that loans > 90 days in arrears do not exceed 17.5% of aggregate balance of all loans. Losses - Other: Liquidity facility amortises provided that principal losses are lower than 1.25% of the initial mortgage balance. PDL - Switch to pro rata: Amortisation is switched to pro rata when the PDL is equal to zero. Delinquencies - Switch to pro rata: Amortisation is switched to pro rata when delinquencies 90+ days are less than 17.5%. Losses - Switch to pro...
EMF-NL 2008-2 B.V. - Performance Overview $300.00
...PDL - Switch to pro rata: Notes redeem pro rata provided the PDL = 0. Delinquencies - Switch to pro rata: Notes redeem pro rata provided that loans > 90 days in arrears do not exceed 17.5% of aggregate balance. Losses - Switch to pro rata: Notes redeem pro rata provided that principal losses are lower than 1.25% of the initial mortgage balance Reserve Fund - Reserve Fund - Reduction: Reserve fund amortises provided that it is fully funded at 1.9%...

Price: $150.00

Free Sample

Questions about
this research?

Send page to a friend

Return to
Deal Snapshot

Can't Decide?

Purchasing premium research sight unseen can be intimidating. At Alacra we want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.