Various Rating Actions Taken In U.K. RMBS Transactions Eurohome UK Mortgages 2007-1 And 2007-2 - S&P Global Ratings’ Credit Research

Various Rating Actions Taken In U.K. RMBS Transactions Eurohome UK Mortgages 2007-1 And 2007-2

Various Rating Actions Taken In U.K. RMBS Transactions Eurohome UK Mortgages 2007-1 And 2007-2 - S&P Global Ratings’ Credit Research
Various Rating Actions Taken In U.K. RMBS Transactions Eurohome UK Mortgages 2007-1 And 2007-2
Published Apr 06, 2017
7 pages (2691 words) — Published Apr 06, 2017
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

OVERVIEW We have reviewed Eurohome UK Mortgages 2007-1 and Eurohome UK Mortgages 2007-2 by performing our credit and cash flow analysis, and by applying our relevant criteria. Following our review, we have taken various rating actions in these transactions. Eurohome UK Mortgages 2007-1 and Eurohome UK Mortgages 2007-2 are U.K. RMBS transactions originated by Deutsche Bank's U.K. mortgage origination arm, DB UK Bank. LONDON (S&P Global Ratings) April 6, 2017--S&P Global Ratings today took various credit rating actions in Eurohome UK Mortgages 2007-1 PLC and Eurohome UK Mortgages 2007-2 PLC. Specifically, we have: Raised our ratings on Eurohome 2007-1's class A, M2, B1, and B2 notes, and on Eurohome 2007-2's class A2, A3, M2, and B1 notes; Raised and removed

  
Brief Excerpt:

...OVERVIEW + We have reviewed Eurohome UK Mortgages 2007-1 and Eurohome UK Mortgages 2007-2 by performing our credit and cash flow analysis, and by applying our relevant criteria. + Following our review, we have taken various rating actions in these transactions. + Eurohome UK Mortgages 2007-1 and Eurohome UK Mortgages 2007-2 are U.K. RMBS transactions originated by Deutsche Bank's U.K. mortgage origination arm, DB UK Bank. LONDON (S&P Global Ratings) April 6, 2017--S&P Global Ratings today took various credit rating actions in Eurohome UK Mortgages 2007-1 PLC and Eurohome UK Mortgages 2007-2 PLC. Specifically, we have: + Raised our ratings on Eurohome 2007-1's class A, M2, B1, and B2 notes, and on Eurohome 2007-2's class A2, A3, M2, and B1 notes; + Raised and removed from CreditWatch positive our ratings on the class M1 notes in both transactions; and + Affirmed our rating on Eurohome 2007-2's class B2 notes (see list below)....

  
Report Type:

Ratings Action

Issuer
Eurohome UK Mortgages 2007-1 PLC
Sector
Structured Finance
Country
United Kingdom
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Various Rating Actions Taken In U.K. RMBS Transactions Eurohome UK Mortgages 2007-1 And 2007-2" Apr 06, 2017. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Various-Rating-Actions-Taken-In-U-K-RMBS-Transactions-Eurohome-UK-Mortgages-2007-1-And-2007-2-1827627>
  
APA:
S&P Global Ratings’ Credit Research. (). Various Rating Actions Taken In U.K. RMBS Transactions Eurohome UK Mortgages 2007-1 And 2007-2 Apr 06, 2017. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Various-Rating-Actions-Taken-In-U-K-RMBS-Transactions-Eurohome-UK-Mortgages-2007-1-And-2007-2-1827627>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.