DBRS Rates BCAP LLC 2010-RR8 Trust Resecuritization Trust Securities

DBRS has today assigned the following ratings to the Resecuritization Trust Securities issued by BCAP LLC 2010-RR8 Trust (the Trust).

Group 1 Offered Securities:
-- $16.54 million Class 1A1* rated at AAA
-- $1.68 million Class 1A2* rated at AA
-- $1.40 million Class 1A3* rated at A
-- $18.22 million Class 1A4** rated at AA
-- $19.62 million Class 1A5** rated at A
-- $3.08 million Class 1A6** rated at A

Group 2 Offered Securities:
-- $37.77 million Class 2A1* rated at AAA
-- $4.63 million Class 2A2* rated at AA
-- $3.86 million Class 2A3* rated at A
-- $42.40 million Class 2A4** rated at AA
-- $46.25 million Class 2A5** rated at A
-- $8.48 million Class 2A6** rated at A

Group 3 Offered Securities:
-- $128.94 million Class 3A1* rated at AAA
-- $77.36 million Class 3A2* rated at AAA
-- $206.30 million Class 3A3** rated at AAA
-- $15.47 million Class 3A4* rated at A
-- $221.78 million Class 3A5** rated at A
-- $92.84 million Class 3A6** rated at A

There are 3 groups in this resecuritization trust. DBRS rates securities from all three Groups, each of which consist of one underlying seasoned senior residential mortgage-backed security (RMBS). The ratings on the securities reflect the credit enhancement provided by subordination within their respective groups and the quality of the underlying asset.

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

Interest and principal payments on the securities will generally be made on the business day following the underlying distribution date (25th of the month), commencing in August 2010. Within the DBRS rated Groups interest will be paid pro-rata and principal payments will be distributed on a sequential basis until the principal balances have been reduced to zero.

Any losses realized from the underlying security will be allocated in a reverse sequential order, until the principal balances have been reduced to zero.

The DBRS rated Groups are each a resecuritization of a senior RMBS, represented by one real estate mortgage investment conduit (REMIC). Within the DBRS-rated groups, each of the REMIC trust is backed by a pool of seasoned Prime, fixed-rate or ARM, first-lien one- to four-family residential mortgages.

Notes:

• denotes Initial Exchangeable Security.
  ** denotes Subsequent Exchangeable Security.

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.