DBRS Rates Citigroup Mortgage Loan Trust 2009-9

DBRS has today assigned the following ratings to the Resecuritization Trust Certificates, Series 2009-9, issued by Citigroup Mortgage Loan Trust 2009-9 (the Trust):

-- $ 12.0 million Class 3A2 rated at C
-- $ 6.8 million Class 4A2 rated at C
-- $ 6.7 million Class 5A2 rated at C
-- $ 8.7 million Class 6A3 rated at C
-- $ 9.8 million Class 7A2 rated at BBB (high)
-- $ 13.9 million Class 7A3 rated at C
-- $ 13.0 million Class 8A2 rated at C
-- $ 4.7 million Class 9A2 rated at C
-- $ 16.4 million Class 10A2 rated at C

DBRS rates Groups 3 through 10 in this resecuritization trust, each consisting of one senior residential mortgage-backed security (RMBS). The ratings on the certificates reflect the credit enhancement provided by subordination on the underlying certificates within their respective groups. The ratings on the DBRS-rated groups also reflect the quality of the underlying assets.

Other than the specified classes above, DBRS does not rate any other certificates in this transaction.

Interest and principal payments on the certificates will be made generally on the 25th day of each month commencing in October 2009. For all DBRS-rated groups, interest payments will be distributed on a pro rata basis to the certificates within their respective groups. Principal will be distributed on a sequential basis to the certificates within their respective groups, in numerical order, until the certificate principal balances thereof are reduced to zero.

Any losses realized from the underlying securities will be allocated in a reverse numerical order to the certificates within their respective groups.

The Trust is a resecuritization consisting of 10 senior RMBS, represented by various real estate mortgage investment conduits (REMICs). The REMICs are backed by pools of fixed or adjustable rate, first-lien one- to four-family residential mortgages.

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

The applicable methodology is Rating U.S. Residential Mortgage-Backed Securities Transactions, which can be found on our website under Methodologies.

This is a Structured Finance rating.