Greece's RMBS sector would be one of the victims of the country's exit from the eurozone, which appears increasingly likely in the run-up to June 17 elections between parties supporting and opposing austerity measures, a condition of the country's bailout.

JPMorgan Securities' "house view" is that the chance of a Greek exit has increased to roughly 50%, although the probability and timing are hard to predict, and the weeks before the election remain largely uncertain.

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