DBRS Confirms Ratings on FCDB PSL Trust 2010-1 and FCDB NPSL Trust 2010-1

DBRS, Inc. (DBRS) has confirmed the Class A Notes rating of ‘A’ (sf) issued by FCDB PSL Trust 2010-1 and FCDB NPSL Trust 2010-1. The collateral supporting the transactions is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.

Notes:
DBRS rating definitions and the terms of use of such ratings are available at www.dbrs.com.

The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.