Dutch RMBS Arrears Driven By Low Foreclosures

18 Jan 2012

The low level of completed foreclosures in prime Dutch residential mortgage-backed securities is putting greater pressure on collateral performance, according to Fitch Ratings.

The low level of completed foreclosures in prime Dutch residential mortgage-backed securities is putting greater pressure on collateral performance, according to Fitch Ratings. “Increased arrears are only partly a result of deterioration in the fundamental credit quality of Dutch residential mortgages,” said Ibrahim Kamara, Fitch analyst.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial