Press Release

DBRS Confirms Ratings on 8 Classes from CWABS Asset-Backed Certificates Trust 2004-AB2 Based on Subservicer Assignment

RMBS
October 01, 2012

DBRS, Inc. has confirmed its outstanding ratings on 8 classes from U.S. Residential Mortgage-Backed Securities (RMBS) transaction CWABS Asset-Backed Certificates Trust 2004-AB2 based on a review of the assignment of Bayview Loan Servicing, LLC (“the Subservicer”) to service certain residential mortgage loans, REO Properties and pools of residential mortgage loans (together, “Mortgage Loans”) on behalf of Bank of America, National Association (“the Servicer”) pursuant to the subservicing agreement, effective as of June 14th, 2012.

Notes:
The applicable methodologies are RMBS Insight: U.S. Residential Mortgage-Backed Securities Loss Model and Rating Methodology and Operational Risk Assessment for U.S. RMBS Servicers, which can be found on our website under Methodologies.

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

Ratings

CWABS Asset-Backed Certificates Trust 2004-AB2
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:BB (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:C (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:C (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:C (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:C (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:C (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:C (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 1, 2012
  • Rating Action:Confirmed
  • Ratings:C (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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

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