An increase in late-stage arrears for prime Dutch RMBS is causing a build-up in potential foreclosure stock. However, a stall in the foreclosure process for  these transactions will continue to pressure their collateral performance, according to a Fitch Ratings report.  

Dutch RMBS loans' performance has experienced an increase in the proportion of loans in arrears, particularly late-stage arrears, the report said. An increasing proportion of transactions are now reporting three-month plus arrears in excess of 1%.

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