DBRS Confirms Canadian Master Trust at R-1 (high) (sf)

DBRS has today confirmed the Series A Notes (the Notes) of Canadian Master Trust (the Trust) at R-1 (high) (sf). The rating confirmation is pursuant to the inclusion of a new transaction (Transaction 18) in the Trust on October 31, 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 18, which consists of a portfolio of conventional and insured residential mortgages originated by a mortgage finance company operating in Canada.

Note:
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.