Fitch Ratings is seeking feedback from market participants in respect to its revised criteria for rating transactions of Dutch mortgages backed by the Nationale Hypotheek Guarantie (NHG), a state-sponsored guarantee that compensates lenders and issuers for potential losses on guaranteed mortgages.

Fitch's proposed criteria changes relate to the agency's analysis of both the operational and the amortization risks. One of Fitch's proposals is to no longer assume any repurchase of WEW-rejected loans by the seller at rating levels above the seller's rating.

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