DBRS Confirms Fusion Trust at R-1 (high) (sf)

DBRS has today confirmed the Series A, Class A Notes (the Notes) of Fusion Trust (the Trust) at R-1 (high) (sf). The rating confirmation is pursuant to the inclusion of a new transaction (Transaction 12) in the Trust on March 3, 2011.

As part of DBRS’s ongoing efforts to increase transparency of reporting asset-backed commercial paper (ABCP) conduit activity, DBRS has also released a Transaction Summary report providing details of Transaction 12, which consists of a portfolio of insured residential mortgages originated by a mortgage finance company operating in Canada.

Notes:
The applicable methodologies are Canadian RMBS Methodology, Rating Canadian ABCP, Legal Criteria for Canadian Structured Finance and Swap Criteria for Canadian Structured Finance Transactions, which can be found on our website under Methodologies.

MEDIA CONTACT
Caroline Creighton
Senior Vice President - Communications
+1 416 597 7317
ccreighton@dbrs.com