London, 01 April 2015 -- Moody's Investors Service has today upgraded the ratings of ten notes and confirmed the rating of one note in four Italian mortgage-backed securities (RMBS) transactions: Bipitalia Residential S.r.l., Vela ABS S.r.l, Intesa Sec. 3 S.r.l. and Siena Mortgages 09-6 Series 2 S.r.l.

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