DBRS Rates Citigroup Mortgage Loan Trust 2010-3

DBRS has today assigned the following ratings to the Resecuritization Trust Certificates, Series 2010-2, issued by Citigroup Mortgage Loan Trust 2010-3 (the Trust):

-- $ 7.0 million Class 1A1 rated at AA
-- $ 7.0 million (Notional) Class 1A1IO rated at AA
-- $ 10.5 million Class 1A2 rated at AA
-- $ 13.7 million Class 1A3* rated at C
-- $ 13.7 million Class 1A3A** rated at C
-- $ 61.5 million Class 2A1* rated at "A"
-- $ 28.9 million Class 2A2* rated at C
-- $ 56.0 million Class 2A1A** rated at AA
-- $ 5.4 million Class 2A1B** rated at "A"
-- $ 28.9 million Class 2A2A** rated at C
-- $ 15.6 million Class 3A1* rated at "A"
-- $ 8.0 million Class 3A2* rated at C
-- $ 14.2 million Class 3A1A** rated at AA
-- $ 1.4 million Class 3A1B** rated at "A"
-- $ 8.0 million Class 3A2A** rated at C
-- $ 36.3 million Class 4A1 rated at AA
-- $ 10.8 million Class 4A2 rated at C
-- $ 91.3 million Class 5A1* rated at "A"
-- $ 12.4 million Class 5A2* rated at C
-- $ 88.2 million Class 5A1A** rated at AA
-- $ 3.1 million Class 5A1B** rated at "A"
-- $ 12.4 million Class 5A2A** rated at C

DBRS rates five groups in this resecuritization trust, each consisting of one seasoned senior residential mortgage-backed security (RMBS). The ratings on the certificates reflect the credit enhancement provided by subordination within their respective groups. The ratings also reflect the quality of the underlying assets. Initial Exchangeable Certificates are exchangeable for Subsequent Exchangeable Certificates and vice versa in the combinations described in the private placement memorandum.

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 on the same day as the underlying distribution date (the 25th of each month), commencing in April 2010. 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 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 DBRS-rated groups within the Trust are resecuritizations of six senior RMBS, represented by six real estate mortgage investment conduits (REMICs). The REMICs are backed by pools of prime or Alt-A, fixed- or adjustable-rate, first-lien, one- to four-family residential mortgages.

Notes:

• denotes Initial Exchangeable Certificate.
  ** denotes Subsequent Exchangeable Certificate.

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.