London, 23 February 2015 -- Moody's Investors Service, ("Moody's") has today upgraded the ratings of twenty five notes, affirmed the ratings of three notes and confirmed the rating of one note in eight Spanish residential mortgage-backed securities (RMBS) transactions: AyT Hipotecario BBK II, FTA (AyT BBK II), Bankinter 3, FTH (Bankinter 3), Bankinter 4, FTH (Bankinter 4), Bankinter 7, FTH (Bankinter 7), Bankinter 9, FTA (Bankinter 9), BBVA RMBS 3, FTA (BBVA RMBS 3), GC Sabadell 1, FTH (Sabadell 1), and IM Sabadell RMBS 3, FTA (Sabadell 3).

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