DBRS Takes Rating Actions on U.S. RMBS.
RMBSDBRS, Inc. (DBRS) has today taken rating actions on 174 U.S. Residential Mortgage-Backed Securities (RMBS) classes from 76 transactions.
Of the 174 classses reviewed, 52 RMBS classes from 12 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.
Furthermore, 11 RMBS classes from 11 transactions were set to Discontinued--Repaid. The remaining 111 RMBS classes from 54 transactions were confirmed at C (sf) and removed from Under Review with Developing Implications.
The above transactions consist of traditional RMBS and ReREMIC transactions.
Notes:
The applicable methodology is U.S. RMBS Surveillance, which can be found on our website under Methodologies.
These ratings are endorsed by DBRS Ratings Limited for use in the European Union.