Press Release

DBRS Discontinues Ratings on Long Beach Acceptance Auto Receivables Trust 2005-B Securitization Due to the Repayment of the Noteholders

Auto
November 11, 2010

DBRS today discontinued ratings on the Long Beach Acceptance Auto Receivables Trust 2005-B securities. Noteholders of the following classes have been fully repaid:

Long Beach Acceptance Auto Receivables Trust 2005-B:
Class A-1 Asset Backed Notes previously rated R-1 (high) (sf) are now rated Disc- Repaid
Class A-2 Asset Backed Notes previously rated AAA (sf) are now rated Disc- Repaid
Class A-3 Asset Backed Notes previously rated AAA (sf) are now rated Disc- Repaid
Class A-4 Asset Backed Notes previously rated AAA (sf) are now rated Disc- Repaid

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

Ratings

  • 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.