AyT CajaGranada Hipotecario I Spanish RMBS Rating Raised On Class B Following Criteria Revision; Three Classes Affirmed

We have reviewed AyT CajaGranada Hipotecario I following the implementation of our revised Spanish RMBS criteria. We have raised our rating on the class B notes. At the same time, we have affirmed our ratings on the class A, C, and D notes. AyT CajaGranada Hipotecario I is a Spanish RMBS transaction that securitizes a pool of residential mortgage loans. It closed in June 2007. MADRID (S&P Global Ratings) Feb. 26, 2021--S&P Global Ratings today raised to 'BB+ (sf)' from 'B+ (sf)' its credit rating on AyT CajaGranada Hipotecario I Fondo de Titulizacion de Activos's class B notes. At the same time, we have affirmed our 'AA+ (sf)' rating on the class A notes and our 'D (sf)' ratings on

...- We have reviewed AyT CajaGranada Hipotecario I following the implementation of our revised Spanish RMBS criteria. - We have raised our rating on the class B notes. At the same time, we have affirmed our ratings on the class A, C, and D notes. - AyT CajaGranada Hipotecario I is a Spanish RMBS transaction that securitizes a pool of residential mortgage loans. It closed in June 2007. MADRID (S&P Global Ratings) Feb. 26, 2021--S&P Global Ratings today raised to '##+ (sf)' from 'B+ (sf)' its credit rating on AyT CajaGranada Hipotecario I Fondo de Titulizacion de Activos's class B notes. At the same time, we have affirmed our '##+ (sf)' rating on the class A notes and our 'D (sf)' ratings on the class C and D notes. Today's rating actions follow the implementation of our revised criteria and assumptions for assessing pools of Spanish residential loans (see "Related Criteria"). They also reflect our full analysis of the most recent information that we have received and the transaction's current...

Ratings Action