While the issuer faces the reset risk on the loans (weighted average (WA) time to first reset is almost 16 years), Fitch has taken the originator's interest rate policy and its own criteria assumptions for the
reset margins of fixedresidential loans in the Netherlands into account.
For this reason, Fitch assumed
reset margins over Euribor and reset interest rates in line with the assumptions described in its European RMBS Criteria, and tested different interest rate curves to assess the impact of this additional risk.
For this reason, Fitch assumed
reset margins over Euribor and reset interest rates in line with its criteria, and tested different interest rate curves to assess the impact of this additional risk.