Press Release

DBRS Assigns Ratings to Ocwen Servicer Advance Receivables Trust, Advance Receivable Backed Notes, Series 2013-VF1

RMBS
March 19, 2013

DBRS, Inc. (DBRS) has assigned ratings to the following notes issued by Ocwen Servicer Advance Receivables Trust, Advance Receivable Backed Notes, Series 2013-VF1:

– Class A-VF1 Notes rated AAA (sf)
– Class B-VF1 Notes rated AA (sf)
– Class C-VF1 Notes rated ‘A’ (sf)
– Class D-VF1 Notes rated BBB (sf)

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

The applicable methodology is Rating U.S. RMBS Servicing Advance Transactions, which can be found on our website under Methodologies.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

These ratings are endorsed by DBRS Ratings Limited for use in the European Union.

Ratings

Ocwen Servicer Advance Receivables Trust, Advance Receivable Backed Notes, Series 2013-VF1
  • 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.