DBRS Confirms Ratings on CSMC Trust 2013-IVR5 Mortgage Pass-Through Certificates, Series 2013-IVR5

DBRS, Inc. (DBRS) has confirmed its outstanding ratings on the Mortgage Pass-Through Certificates, Series 2013-IVR5 issued by CSMC Trust 2013-IVR5 (the Trust). The confirmation is based on a review of the supplements and amendments to the legal documents relating to the CSMC Trust 2013-IVR5, Mortgage Pass-Through Certificates, Series 2013-IVR5, dated December 23, 2013. This amendment revises the class principal balances of the certificates as a result of a correction of the balance of one mortgage loan.

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

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

The applicable methodologies are:
• RMBS Insight: U.S. Residential Mortgage-Backed Securities Loss Model and Rating Methodology
• Unified Interest Rate Model for U.S. RMBS Transactions
• Third-Party Due Diligence Criteria for U.S. RMBS Transactions
• Representations and Warranties Criteria for U.S. RMBS Transactions
• Legal Criteria for U.S. Structured Finance Transactions

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