Press Release

DBRS Takes Rating Actions on 34 U.S. RMBS Securities

RMBS
May 08, 2012

DBRS, Inc. has today taken rating actions on 34 classes from 18 U.S. Residential Mortgage-Backed Securities (RMBS) transactions. Of the 34 classes reviewed, 30 classes from 14 transactions were confirmed, removed from Under Review with Developing Implications (see “DBRS Places 6,566 Classes from 576 U.S. RMBS Transactions Under Review”, published on January 23, 2012), and set to Discontinued --Repaid. The remaining 4 classes from 4 transactions were also set to Discontinued –Repaid.

These transactions consist of traditional RMBS, ReREMIC, and Synthetic transactions.

The principal methodologies applicable are U.S. RMBS Surveillance Methodology and RMBS Insight: U.S. Residential Mortgage-Backed Securities Loss Model and Rating Methodology, which can be found on our website under Methodologies.

Ratings

ASG Resecuritization Trust 2010-1
Ameriquest Mortgage Securities Inc., Series 2005-R2
Arch Bay Asset-Backed Securities Trust 2010-1
BCAP LLC 2010-RR11 Trust
Banc of America Funding 2010-R11 Trust
C-BASS 2007-SP1 Trust
CWABS Asset-Backed Certificates Trust 2004-BC5
Citigroup Mortgage Loan Trust 2009-2
Credit Suisse First Boston Mortgage Securities Corp. Home Equity Asset Trust 2005-4
Credit Suisse First Boston Mortgage Securities Corp., CSMC Series 2009-6R
J.P. Morgan Mortgage Trust 2006-S1
Jefferies Resecuritization Trust 2009-R8
Jefferies Resecuritization Trust 2010-R7
Morgan Stanley Home Equity Loan Trust 2005-2
Morgan Stanley Re-REMIC Trust 2010-R6
RESI Finance Limited Partnership 2003-B & RESI Finance DE Corporation 2003-B
RESI Finance Limited Partnership 2004-B & RESI Finance DE Corporation 2004-B
RESI Finance Limited Partnership 2007-B & RESI Finance DE Corporation 2007-B
  • 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.

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