DBRS Rates SB Finance NIM Trust 2007-AMC2 Notes

DBRS has today assigned the following ratings to the NIM Notes, Series 2007-AMC2 issued by SB Finance NIM Trust 2007-AMC2.

-- $24.15 million NIM Notes rated at A (low)

The NIM Notes are backed by a 95% interest in the Class CE and Class P Certificates (the Underlying Certificates) issued by Citigroup Mortgage Loan Trust 2007-AMC2, (the Underlying Transaction). The Class CE Certificates will be entitled to all excess cash flows (after applying realized losses) of the respective loan groups in the underlying trust, and the Class P Certificates will be entitled to all prepayment premiums or charges received in respect of the mortgage loans. The NIM Notes will also be entitled to the benefit of an underlying Cap Agreement with Citibank, N.A..

Payments on the NIM Notes will be made on the 25th of each month commencing in July 2007. The interest payment amount will be distributed to the noteholders, followed by the principal payment amount to the noteholders until the principal balance of the NIM Notes is reduced to zero. Any remaining amounts will be distributed to the Owner Trust Certificates.

The mortgage loans in the Underlying Trust were originated or acquired by Argent Mortgage Company, LLC (91.28%) and Ameriquest Mortgage Company (8.72%).

Note:
All figures are in U.S. dollars unless otherwise noted.