BBVA RMBS 17 FT


Type of ratings: Structured Finance RMBS

Rating value: AA(sf)

Outlook: No Trend

License: EthiFinance Ratings

Solicited

EthiFinance Ratings confirms BBVA RMBS 17 FT Class A rating of AA (sf) . BBVA RMBS 17 FT is a granular securitization fund with a static pool of first-ranking residential mortgage loans granted to individuals, secured over properties located in Spain and structured under Spanish Legislation. The fund was established with the goal to obtain funding and liquidity. The residential mortgage loans were originated by Banco Bilbao Vizcaya Argentaria S.A ( BBVA ) and assigned to the Fund on May 2016. The legal maturity date is August 17, 2064.

Ratings

Rating action: Affirmed

Action date: 2022-11-08

Date last rating: 2022-11-08

Date first rating: 2016-11-24

Documents

Executive summary:

Methodology

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