Press Release

DBRS Discontinues Ratings of Genesis Trust Series 2005-2

RMBS
March 16, 2010

DBRS has today discontinued the ratings of the Line of Credit Receivables-Backed Notes, Series 2005-2 (the Notes) issued by Genesis Trust, as the Notes were fully repaid as of March 15, 2010.

Notes:
The applicable methodology is Rating Canadian Home Equity Lines of Credit, which can be found on our website under Methodologies.

This is a Structured Finance rating.

Ratings

Genesis Trust
  • Date Issued:Mar 16, 2010
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2010
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 16, 2010
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

Related Documents

Methodology Used:

Issuers

Contacts

  • Matthew Mitchell
    Senior Financial Analyst - Canadian Structured Finance
    +1 416 597 7587

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