...OVERVIEW + We have reviewed Santander Hipotecario 2 by conducting our credit and cash flow analysis and applying our relevant criteria. + Following our review, we have raised to '###- (sf)' from '##- (sf)' our rating on the class B notes. + At the same time, we have affirmed our ratings on the class A, C, D, E, and F notes. + Santander Hipotecario 2 is a Spanish RMBS transaction that closed in July 2006 and securitizes first-ranking mortgage loans. MADRID (S&P Global Ratings) Oct. 20, 2017--S&P Global Ratings today raised to '###- (sf)' from '##- (sf)' its credit rating on Fondo de Titulizacion de Activos Santander Hipotecario 2's class B notes. At the same time, we have affirmed our ratings on the class A, C, D, E, and F notes (see list below). Today's rating actions follow our credit and cash flow analysis of the most recent transaction information that we have received as of the July 2017 payment date. We have applied our European residential loans criteria and our structured finance...
