Dutch RMBS unaffected by negative outlook for sovereign, says Fitch
Ratings agency Fitch said on Monday that Dutch RMBS ratings will not be affected by last week’s move to a negative outlook for the Dutch sovereign and state-supported mortgage insurance entity, Waarborgfonds Eigen Woningen (WEW).
The outlooks for the Netherlands and WEW, which both have a triple-A long-term rating, were revised from stable to negative at the start of last week.
WEW provides mortgage insurance for borrowers, particularly of lower or middle income, through the National Mortgage Guarantee (NHG) scheme, and many of
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