New York, July 11, 2013 -- Moody's has determined that the proposed delegation by Wells Fargo Bank, N.A. (Aa3, P-1), of any responsibilities it may have as securities administrator to pursue remedies for breaches of loan level representations and warranties to Computershare Trust Company, as separate securities administrator, should not, if implemented, in and of itself at this time result in a reduction or withdrawal of the current ratings of the securities issued in Natixis Real Estate Capital Trust 2007-HE2. Moody's does not express an opinion as to whether the proposal may be considered to have negative effects in any other respect.

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