Press Release

DBRS Discontinues Ratings on Interest Rate Swaps Relating to 2 RMBS Transactions

RMBS
December 05, 2012

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

  • Interest rate swap between Supplemental Interest Trust, BNC Mortgage Loan Trust 2006-2 and The Royal Bank of Scotland plc formerly rated AA (sf), is now Discontinued.

  • Interest rate swap between Supplemental Interest Trust, Soundview Home Loan Trust, 2007-OPT4, Asset Backed Certificates Series 2007-OPT4 and The Royal Bank of Scotland plc formerly rated AA (sf), is now Discontinued.

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

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

Ratings

Supplemental Interest Trust, BNC Mortgage Loan Trust 2006-2
  • Date Issued:Dec 5, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:US
Supplemental Interest Trust, Soundview Home Loan Trust, 2007-OPT4
  • Date Issued:Dec 5, 2012
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • 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

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.