DBRS Takes Action On Potential Interest Rate Swap Termination Payment for Swap Agreement Between J.P. Morgan Chase Bank, N.A. (Swap Counterparty) and RMBS Trust

DBRS, Inc. (DBRS) has today taken the following rating action to the ultimate payment of any potential interest rate swap (IRS) termination amount which may be owed by the RMBS trust to J.P. Morgan Chase Bank, N.A. in the event of a failure to pay default where the trust is the defaulting party.

• Interest rate swap between Supplemental Interest Trust, MASTR Specialized Loan Trust 2006-2 and J.P. Morgan Chase Bank, N.A. confirmed at ‘AA’ (sf).

The rating does not address a) the likelihood that a swap termination event occurs on or before the swap termination date, (b) the payment of any swap termination payments owed by J.P. Morgan Chase Bank, N.A. to the trusts and (c) termination payments owed by the trusts to J.P. Morgan Chase Bank, N.A. if J.P. Morgan Chase Bank, N.A. is the defaulting party.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is 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.