...OVERVIEW + On June 9, 2015, we took various rating actions on certain U.K. and German banks. + Under our current counterparty criteria, our ratings in structured finance transactions may be constrained by our long- or short-term issuer credit ratings on a counterparty. + Consequently, we have lowered our ratings on Eurohome UK Mortgages 2007-1's class A notes and Eurohome UK Mortgages 2007-2's class A2 notes. + Eurohome UK Mortgages 2007-1 and 2007-2 are the first and second transactions to securitize U.K. residential mortgages by Deutsche Bank's U.K. mortgage origination arm, DB mortgages. The transactions closed in 2007. MILAN (Standard & Poor's) July 3, 2015--Standard & Poor's Ratings Services today lowered to '###+ (sf)' from 'A (sf)' and removed from CreditWatch negative its credit ratings on Eurohome UK Mortgages 2007-1 PLC's class A notes and Eurohome UK Mortgages 2007-2 PLC's class A2 notes (see list below). On Feb. 18, 2015, we placed on CreditWatch negative our ratings on Eurohome...
