DBRS Confirms Ratings of US ABS Transactions

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

The collateral supporting the transactions is performing within DBRS expectations. Each transaction has exhibited stable performance trends and have credit enhancement for each class sufficient enough to cover DBRS expected losses.

The following public transactions have been reviewed:
• Ascentium Equipment Receivables 2012-1 LLC
• Novation Receivables Funding LLC, Series 2010-A
• NYLIMAC 2010-SS-1, LLC, Series 2010-1
• SuttonPark Structured Settlements 2011-1 LLC
• SuttonPark Structured Settlements 2012-1 LLC

Notes:
The applicable methodology is the 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.