Press Release

DBRS Takes Rating Actions on U.S. RMBS.

RMBS

August 01, 2012

DBRS, 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.

Ratings

ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE2

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	Asset-Backed Pass-Through Certificates, Series 2006-HE2, Class M-1	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	Asset-Backed Pass-Through Certificates, Series 2006-NC3, Class A-2A	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	REMIC Notes, Series 2009-1, Class A35	Discontinued	--	Disc.-Repaid, Confirmed	US
01-Aug-12	REMIC Notes, Series 2009-1, Class G35	Discontinued	--	Disc.-Repaid, Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	Asset-Backed Pass-Through Certificates, Series WMC 2005-HE5, Class M1	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-AA1, Class I-A-4	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-AA1, Class I-M-1	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-AA1, Class II-A-2	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-4, Class M5B	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-1	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-10	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-11	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-12	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-13	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-3	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-8	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-9	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class B-1	C (sf)	--	Confirmed	US
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-3, Class I-PO	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	Mortgage Pass-Through Certificates, Series 2007-2, Class II-X-2	Discontinued	--	Disc.-Repaid	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2004-CB4, Class B-3	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2004-CB4, Class B-4	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB1, Class B-4	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB3, Class B-4	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB3, Class B-5	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB5, Class M-5	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB5, Class M-6	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB7, Class M-4	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB7, Class M-5	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB1, Class M-2	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB2, Class M-2	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB4, Class M-1	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB6, Class M-2	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB6, Class M-3	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB8, Class M-1	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB8, Class M-2	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-CB6, Class M-1	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-CB6, Class M-2	C (sf)	--	Confirmed	US

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-SP1, Class M-7	C (sf)	--	Confirmed	US
01-Aug-12	C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-SP1, Class M-8	C (sf)	--	Confirmed	US

Show More Issuers

ACE Securities Corp. Home Equity Loan Trust, Series 2006-HE2

Asset-Backed Pass-Through Certificates, Series 2006-HE2, Class M-1

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

ACE Securities Corp. Home Equity Loan Trust, Series 2006-NC3

Asset-Backed Pass-Through Certificates, Series 2006-NC3, Class A-2A

Date Issued:Aug 1, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

ASG Resecuritization Trust 2009-1

REMIC Notes, Series 2009-1, Class A35

Date Issued:Aug 1, 2012
Rating Action:Disc.-Repaid, Confirmed
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

REMIC Notes, Series 2009-1, Class G35

Date Issued:Aug 1, 2012
Rating Action:Disc.-Repaid, Confirmed
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Asset Backed Securities Corporation Home Equity Loan Trust, Series WMC 2005-HE5

Asset-Backed Pass-Through Certificates, Series WMC 2005-HE5, Class M1

Date Issued:Aug 1, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

BCAP LLC Trust 2007-AA1

Mortgage Pass-Through Certificates, Series 2007-AA1, Class I-A-4

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-AA1, Class I-M-1

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-AA1, Class II-A-2

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

BNC Mortgage Loan Trust 2007-4

Mortgage Pass-Through Certificates, Series 2007-4, Class M5B

Date Issued:Aug 1, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

Banc of America Mortgage 2007-3 Trust

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-1

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-10

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-11

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-12

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-13

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-3

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-8

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class 2-A-9

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class B-1

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Mortgage Pass-Through Certificates, Series 2007-3, Class I-PO

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

Bear Stearns Alt-A Trust 2007-2

Mortgage Pass-Through Certificates, Series 2007-2, Class II-X-2

Date Issued:Aug 1, 2012
Rating Action:Disc.-Repaid
Ratings:Discontinued
Trend:--
Rating Recovery:
Issued:US

C-BASS 2004-CB4 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2004-CB4, Class B-3

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2004-CB4, Class B-4

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2005-CB1 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB1, Class B-4

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2005-CB3 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB3, Class B-4

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB3, Class B-5

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2005-CB5 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB5, Class M-5

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB5, Class M-6

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2005-CB7 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB7, Class M-4

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2005-CB7, Class M-5

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2006-CB1 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB1, Class M-2

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2006-CB2 TRUST

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB2, Class M-2

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2006-CB4 TRUST

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB4, Class M-1

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2006-CB6 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB6, Class M-2

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB6, Class M-3

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2006-CB8 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB8, Class M-1

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2006-CB8, Class M-2

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2007-CB6 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-CB6, Class M-1

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-CB6, Class M-2

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS 2007-SP1 Trust

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-SP1, Class M-7

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

C-BASS Mortgage Loan Asset-Backed Certificates, Series 2007-SP1, Class M-8

Date Issued:Aug 1, 2012
Rating Action:Confirmed
Ratings:C (sf)
Trend:--
Rating Recovery:
Issued:US

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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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