Press Release

DBRS Discontinues Ratings on Interest Rate Swaps Relating to 5 RMBS Transactions

CMBS
August 23, 2012

DBRS, Inc. (DBRS) has discontinued ratings on the following interest rate swaps due to expiration of swaps:

  • Interest rate swap between Supplemental Interest Trust, ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP6 and The Royal Bank of Scotland plc formerly rated AAA (sf), is now Discontinued.

  • Interest rate swap between Supplemental Interest Trust, Merrill Lynch Alternative Note Asset Trust, Series 2007-OAR2 and The Royal Bank of Scotland plc formerly rated AAA (sf), is now Discontinued.

  • Interest rate swap between Supplemental Interest Trust, Soundview Home Loan Trust, 2007-WMC1, Asset Backed Certificates Series 2007-WMC1 and The Royal Bank of Scotland plc formerly rated AA (sf), is now Discontinued.

  • Interest rate swap between Supplemental Interest Trust, Lehman XS Trust Mortgage Pass-Through Certificates, Series 2007-10H and The Royal Bank of Scotland plc formerly rated AAA (sf), is now Discontinued.

  • Interest rate swap between Supplemental Interest Trust, Ace Securities Corp. Home Equity Loan Trust, Series 2007-HE5 and JPMorgan Chase Funding Inc. formerly rated A (sf), is now Discontinued.

Notes:
The applicable methodology is U.S. RMBS Surveillance, which can be found on our website under Methodologies.

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

Ratings

ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE5
Supplemental Interest Trust, ACE Securities Corp. Home Equity Loan Trust, Series 2006-ASAP6
Supplemental Interest Trust, Lehman XS Trust Mortgage Pass-Through Certificates, Series 2007-10H
Supplemental Interest Trust, Merrill Lynch Alternative Note Asset Trust, Series 2007-OAR2
Supplemental Interest Trust, Soundview Home Loan Trust, 2007-WMC1
  • 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.