Press Release

DBRS Confirms Ratings on Morgan Stanley Resecuritization Trust 2013-R9

RMBS
January 31, 2014

DBRS, Inc. (DBRS) has confirmed its outstanding ratings on the Resecuritization Pass-Through Certificates, Series 2013-R9 issued by Morgan Stanley Resecuritization Trust 2013-R9 (the Trust). The confirmation is based on a review of the Amendment Number 1 to the Trust Agreement, dated as of January 31, 2014, between Morgan Stanley Atlas, Inc. as depositor and Wells Fargo Bank, National Association, as trustee. This amendment revises the Class 3-A1, Class 3-A2, Class 3-A3, Class 3-A, Class 3-B1, Class 3-B2 and Class 3-B certificate principal balances. 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.

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

Ratings

Morgan Stanley Resecuritization Trust 2013-R9
  • Date Issued:Jan 31, 2014
  • Rating Action:Confirmed
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2014
  • Rating Action:Confirmed
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2014
  • Rating Action:Confirmed
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2014
  • Rating Action:Confirmed
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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.