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

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	REMIC Notes, Series 2010-1, Class A50	Discontinued	--	Disc.-Repaid	US
08-May-12	REMIC Notes, Series 2010-1, Class G50	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Asset-Backed Pass-Through Certificate, Series 2005-R2, Class A-1A	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Mortgage-Backed Notes, Series 2010-1, Class A	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Resecuritization Trust Securities, Class 2A3	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Mortgage Security-Backed Certificates, Class 2-A-1	Discontinued	--	Disc.-Repaid	US
08-May-12	Mortgage Security-Backed Certificates, Class 2-A-2	Discontinued	--	Disc.-Repaid	US
08-May-12	Mortgage Security-Backed Certificates, Class 2-A-3	Discontinued	--	Disc.-Repaid	US
08-May-12	Mortgage Security-Backed Certificates, Class 2-A-5	Discontinued	--	Disc.-Repaid	US
08-May-12	Mortgage Security-Backed Certificates, Class 2-A-6	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-SP1, Class A-2	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Asset-Backed Certificates, Series 2004-BC5, Class M-1	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Re-REMIC Trust Certificates, Series 2009-2, Class 2A2	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Home Equity Pass-Through Certificates, Series 2005-4, Class M-1	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	CSMC Series 2009-6R, Class 5-A1	Discontinued	--	Disc.-Repaid	US
08-May-12	CSMC Series 2009-6R, Class 7-A1	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Mortgage Pass-Through Certificates, Series 2006-S1, Class 3-A-3	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Jefferies Resecuritization Trust 2009-R8, Class 15-A1	Discontinued	--	Disc.-Repaid	US
08-May-12	Jefferies Resecuritization Trust 2009-R8, Class 15-AZ	Discontinued	--	Disc.-Repaid	US
08-May-12	Jefferies Resecuritization Trust 2009-R8, Class 17-AY	Discontinued	--	Disc.-Repaid	US
08-May-12	Jefferies Resecuritization Trust 2009-R8, Class 7-A1	Discontinued	--	Disc.-Repaid	US
08-May-12	Jefferies Resecuritization Trust 2009-R8, Class 7-AZ	Discontinued	--	Disc.-Repaid	US
08-May-12	Jefferies Resecuritization Trust 2009-R8, Class 9-A1	Discontinued	--	Disc.-Repaid	US
08-May-12	Jefferies Resecuritization Trust 2009-R8, Class 9-AZ	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Resecuritization Trust Certificates, Series 2010-R7, Class 7-A1	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Mortgage Pass-Through Certificates, Series 2005-2, Class M-1	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Re-REMIC Pass-Through Certificates, Series 2010-R6, Class 5-B1	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Real Estate Synthetic Investment Securities, Series 2003-B, Class A1 Risk Band	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Real Estate Synthetic Investment Securities, Series 2004-B, Class A1 Risk Band	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
08-May-12	Real Estate Synthetic Investment Notes, Series 2007-B, Class A1 Risk Band	Discontinued	--	Disc.-Repaid	US
08-May-12	Real Estate Synthetic Investment Notes, Series 2007-B, Class A2 Risk Band	Discontinued	--	Disc.-Repaid	US
08-May-12	Real Estate Synthetic Investment Notes, Series 2007-B, Class A3 Risk Band	Discontinued	--	Disc.-Repaid	US
08-May-12	Real Estate Synthetic Investment Notes, Series 2007-B, Class A4 Risk Band	Discontinued	--	Disc.-Repaid	US
08-May-12	Real Estate Synthetic Investment Notes, Series 2007-B, Class A5 Risk Band	Discontinued	--	Disc.-Repaid	US

ASG Resecuritization Trust 2010-1

REMIC Notes, Series 2010-1, Class A50

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

REMIC Notes, Series 2010-1, Class G50

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Ameriquest Mortgage Securities Inc., Series 2005-R2

Asset-Backed Pass-Through Certificate, Series 2005-R2, Class A-1A

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Arch Bay Asset-Backed Securities Trust 2010-1

Mortgage-Backed Notes, Series 2010-1, Class A

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

BCAP LLC 2010-RR11 Trust

Resecuritization Trust Securities, Class 2A3

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Banc of America Funding 2010-R11 Trust

Mortgage Security-Backed Certificates, Class 2-A-1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Mortgage Security-Backed Certificates, Class 2-A-2

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Mortgage Security-Backed Certificates, Class 2-A-3

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Mortgage Security-Backed Certificates, Class 2-A-5

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Mortgage Security-Backed Certificates, Class 2-A-6

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

C-BASS 2007-SP1 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-SP1, Class A-2

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

CWABS Asset-Backed Certificates Trust 2004-BC5

Asset-Backed Certificates, Series 2004-BC5, Class M-1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Citigroup Mortgage Loan Trust 2009-2

Re-REMIC Trust Certificates, Series 2009-2, Class 2A2

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Credit Suisse First Boston Mortgage Securities Corp. Home Equity Asset Trust 2005-4

Home Equity Pass-Through Certificates, Series 2005-4, Class M-1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Credit Suisse First Boston Mortgage Securities Corp., CSMC Series 2009-6R

CSMC Series 2009-6R, Class 5-A1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

CSMC Series 2009-6R, Class 7-A1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

J.P. Morgan Mortgage Trust 2006-S1

Mortgage Pass-Through Certificates, Series 2006-S1, Class 3-A-3

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2009-R8

Jefferies Resecuritization Trust 2009-R8, Class 15-A1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2009-R8, Class 15-AZ

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2009-R8, Class 17-AY

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2009-R8, Class 7-A1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2009-R8, Class 7-AZ

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2009-R8, Class 9-A1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2009-R8, Class 9-AZ

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Jefferies Resecuritization Trust 2010-R7

Resecuritization Trust Certificates, Series 2010-R7, Class 7-A1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Morgan Stanley Home Equity Loan Trust 2005-2

Mortgage Pass-Through Certificates, Series 2005-2, Class M-1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Morgan Stanley Re-REMIC Trust 2010-R6

Re-REMIC Pass-Through Certificates, Series 2010-R6, Class 5-B1

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

RESI Finance Limited Partnership 2003-B & RESI Finance DE Corporation 2003-B

Real Estate Synthetic Investment Securities, Series 2003-B, Class A1 Risk Band

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

RESI Finance Limited Partnership 2004-B & RESI Finance DE Corporation 2004-B

Real Estate Synthetic Investment Securities, Series 2004-B, Class A1 Risk Band

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

RESI Finance Limited Partnership 2007-B & RESI Finance DE Corporation 2007-B

Real Estate Synthetic Investment Notes, Series 2007-B, Class A1 Risk Band

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Real Estate Synthetic Investment Notes, Series 2007-B, Class A2 Risk Band

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Real Estate Synthetic Investment Notes, Series 2007-B, Class A3 Risk Band

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Real Estate Synthetic Investment Notes, Series 2007-B, Class A4 Risk Band

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Real Estate Synthetic Investment Notes, Series 2007-B, Class A5 Risk Band

Date Issued:May 8, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

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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