Press Release

DBRS Confirms Ratings on AH Mortgage Servicer Advance Revolving Trust 1, Advance Receivable Backed Notes, Series 2011-1

RMBS
September 30, 2011

DBRS has confirmed its outstanding ratings on the AH Mortgage Servicer Advance Revolving Trust 1, Advance Receivable Backed Notes, Series 2011-1 based on a review of the amendment to the Indenture, dated as of May 10, 2011 (the “SART 1 Indenture”), by and between AH Mortgage Servicer Advance Revolving Trust 1, as Issuer and Wells Fargo Bank, National Association, as Indenture Trustee relating to the AH Mortgage Servicer Advance Revolving Trust 1 Advance Receivables Backed Notes, Series 2011-1. This amendment revises the foreclosure timeline protections in the SART 1 Indenture, by eliminating the references to (or reliance upon) Freddie Mac’s state foreclosure timelines, and instead including protections against any state or federal moratoria, cessation or suspension of foreclosure activity.

Notes:
The applicable methodology is Rating U.S. RMBS Servicing Advance Transactions, which can be found on our website under Methodologies.

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