DBRS Confirms Rating on RBSSP Resecuritization Trust 2012-10

DBRS, Inc. (DBRS) has confirmed its outstanding rating on the Resecuritization Trust Certificates, Series 2012-10 issued by RBSSP Resecuritization Trust 2012-10 (the Trust). The confirmation is based on a review of the amendment to the amended and restated trust agreement, dated as of February 11, 2013, between RBS Acceptance Inc. as depositor and Wells Fargo Bank, N.A., as trustee. This amendment revises the Class 1-A1 and Class 1-A2 certificate principal balances and amends Class 1-A2 to be exchangeable for Class 1-A2A and Class 1-A2B. Initial Exchangeable Certificates may be exchanged for Exchangeable Certificates, and vice versa, in the combinations described in the private placement memorandum.

The press release at the closing date for this transaction can be found by clicking on the link.

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.