DBRS has today assigned the following ratings to the REMIC Notes, Series 2010-2, issued by ASG Resecuritization Trust 2010-2 (the Trust):

-- $20.1 million Class G30* rated at AAA
-- $3.4 million Class G35* rated at AAA
-- $3.4 million Class G40* rated at AAA
-- $3.4 million Class G45* rated at AAA
-- $3.4 million Class G50* rated at AA
-- $3.4 million Class G55* rated at “A”
-- $3.4 million Class G60* rated at “A”
-- $20.1 million Class A30# rated at AAA
-- $23.5 million Class A35# rated at AAA
-- $26.8 million Class A40# rated at AAA
-- $30.2 million Class A45# rated at AAA
-- $33.5 million Class A50# rated at AA
-- $36.9 million Class A55# rated at “A”
-- $40.2 million Class A60# rated at “A”

The AAA ratings on the Class G30 through Class G45 Notes, the AA ratings on the Class G50 Note and the “A” rating on Class G55 and Class G60 Notes (collectively, the Notes) reflect the credit enhancement provided by subordination. The ratings also reflect the quality of the underlying asset, which consists of the WaMu Mortgage Pass-Through Certificates, Series 2006-AR18, Class 1-A1. The Class G30 through Class G100 Notes (Exchangeable Notes) are exchangeable for certain other classes of Exchanged Notes and vice versa, in the combinations described in Schedule A of the offering memorandum.

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

Interest and principal payments on the Notes will generally be made on the third business day following the underlying distribution date (25th day of each month) commencing in February 2010. Interest payments will be distributed on a pro rata basis to the Notes. Principal will be distributed on a sequential basis to the Notes, in numerical order, until the principal balances thereof are reduced to zero.

Losses will be allocated reverse sequentially to the Class G100 through G65 Notes until the note principal amount has been reduced to zero. No losses will be allocated to Class G30 through G60 Notes.

The Trust is a resecuritization of the WaMu Mortgage Pass-Through Certificates, Series 2006-AR18, Class 1-A1 Certificate, which is backed by a pool of primarily prime adjustable-rate mortgages secured by first liens on residential properties or shares of cooperative apartments.

Notes:

• denotes Exchangeable Note

denotes Exchanged Note

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.