Europe

Dutch RMBS Delinquencies Rise on Unemployment: Moody’s 

The 60 plus-day delinquency rate for Dutch residential mortgage-backed securities (RMBS) rose slightly to 0.57% of the current balance in Q209, from 0.52% in the previous quarter. The increase arrived uniformly across vintages and transaction series, and remained in-line with rising Dutch unemployment, according to Moody’s Investors Service.