Standard&Poor's Ratings Services has assigned credit ratings to the £350.000 million mortgage-backed floating-rate notes, plus an overissuance of £4.725 million excess-spread-backed floating-rate notes issued by Eurohome UK Mortgages 2007-1 PLC (Eurohome 07-1). Since Standard&Poor's assigned preliminary ratings to this transaction (Feb. 22, 2007), the arranger has not made any material structural changes to this transaction. At closing, Eurohome 07-1 issued the class A, M1, M2, B1, and B2 notes and use part of the proceeds to acquire the loan pool from the seller, DB UK Bank Ltd. DB UK Bank, operating under the brand db mortgages, began originating residential mortgage loans in the U.K. in April 2006. Part of the note proceeds may be retained by
