The Netherlands is currently the third largest mortgage market in Europe by value and volume, behind the U.K. and Spain, but the record growth experienced over the last three years should see volumes subsiding on the back of a more difficult economic environment.

The Dutch ABS market saw 20 public securitizations in 2004, according to Moody's Investors Service, five less than total 2003 issuance. On the RMBS side, 17 transactions came to market, placing 19.6 billion ($25.6 billion) of Dutch mortgage paper from the 23.4 billion recorded in 2003.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.