LONDON (Standard&Poor's) Oct. 16, 2007—Standard&Poor's Ratings Services said today that it assigned its preliminary credit ratings to the €700 million residential mortgage-backed floating-rate notes to be issued by E-MAC Program II B.V. Compartment NL 2007-IV (E-MAC 2007-IV), an SPE. E-MAC 2007-IV will also issue €2.8 million of unrated class E notes to fund the reserve fund (see list below). This will be the first issuance under the new E-MAC Program II set up by GMAC RFC Nederland B.V. The originators are GMAC RFC Nederland, Quion 20 B.V., and Atlas Funding B.V. The structure of this transaction will closely follow the previous E-MAC Program B.V. transactions. All classes will be denominated in euros. The E-MAC transactions include
