DBRS Confirms Ratings on U.S. Structured Settlement Securities

DBRS Inc. (DBRS) has reviewed several of its outstanding U.S. structured finance structured settlement asset-backed securities transactions. For the 5 publicly rated series reviewed, all 8 classes were confirmed.

The following public transactions have been reviewed:

• J.G. Wentworth XXIII LLC Fixed Rate Asset-Backed Notes, Series 2011-1, Class A and Class B
• JGWPT XXIV LLC Fixed Rate Asset-Backed Notes, Series 2011-2, Class A and Class B
• NYLIMAC 2010-SS-1, LLC, Series 2010-1
• SuttonPark Structured Settlements 2011-1 LLC, Class A and Class B
• Novation Receivables Funding LLC, Series 2010-A

The collateral supporting the transactions is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.

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

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