Press Release

DBRS Takes Rating Action on U.S. RMBS Securities

RMBS
August 15, 2014

DBRS has today reviewed 427 classes from 46 U.S. residential mortgage-backed security (RMBS) transactions. Of the 427 classes reviewed, 364 classes were confirmed, and 63 classes were upgraded. Of the confirmed classes, seven of the classes were discontinued-repaid due to full principal repayment to bondholders. All of the classes reviewed were also removed from Under Review with Developing Implications (see “DBRS Publishes Updated U.S. RMBS Surveillance Methodology and Places Ratings Under Review with Developing Implications,” published on March 3, 2014).

The transactions affected by the rating actions consist of U.S. ReREMIC transactions. A majority of the pools backing these transactions consist primarily of prime and Alt-A residential loans.

The transactions that have been upgraded have exhibited positive performance trends and have experienced increases in credit support sufficient to withstand stresses at their new rating level. For transactions where the rating has been confirmed, current asset performance and credit support levels have been consistent with the current rating.

The rating actions are the result of DBRS applying its updated “U.S. RMBS Surveillance Methodology” and “RMBS Insight 1.2: U.S. Residential Mortgage-Backed Securities Model and Rating Methodology.”

Notes:
The applicable methodologies are U.S. RMBS Surveillance Methodology and RMBS Insight 1.2: U.S. Residential Mortgage-Backed Securities 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.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

Ratings

  • ASG Resecuritization Trust 2010-2

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14REMIC Notes, Series 2010-2, Class A45AAA (sf)--Confirmed
    US
    15-Aug-14REMIC Notes, Series 2010-2, Class A50AAA (sf)--Confirmed
    US
    15-Aug-14REMIC Notes, Series 2010-2, Class G45AAA (sf)--Confirmed
    US
    15-Aug-14REMIC Notes, Series 2010-2, Class G50AAA (sf)--Confirmed
    US
    15-Aug-14REMIC Notes, Series 2010-2, Class A55AA (sf)--Confirmed
    US
    15-Aug-14REMIC Notes, Series 2010-2, Class A60AA (sf)--Confirmed
    US
    15-Aug-14REMIC Notes, Series 2010-2, Class G55AA (sf)--Confirmed
    US
    15-Aug-14REMIC Notes, Series 2010-2, Class G60AA (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2012-RR1 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 1A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A2AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A3AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A2A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A2A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A2A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A2A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A3A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2012-RR10-I Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 6A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 9A1A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2012-RR10-II Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 5A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A5A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2012-RR11 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 10A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 10A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 10A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 11A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 9A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 10A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 10A5A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2012-RR12 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 1A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A1AA (low) (sf)--Upgraded
    US
    More
    Less

  • BCAP LLC 2012-RR2 Trust

  • BCAP LLC 2012-RR3 Trust

  • BCAP LLC 2012-RR4 Trust

  • BCAP LLC 2012-RR5 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 3A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A2AAA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A4AAA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A3AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A5AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A6AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A6A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A6A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A6A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2012-RR6 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 1A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A5AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A4A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A4A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A6A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A2A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A2A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A3A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2012-RR7 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 1A4AAA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A5AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A6AA (low) (sf)--Upgraded
    US
    More
    Less

  • BCAP LLC 2012-RR8 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 5A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A2AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A3AA (sf)--Upgraded
    US
    More
    Less

  • BCAP LLC 2012-RR9 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 2A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A2AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A3AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A6A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2013-RR1 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 7A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A1AAA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 1A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A2AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A4AA (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 9A1AA (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A3A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 8A5A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A1Discontinued--Disc.-Repaid
    US
    More
    Less

  • BCAP LLC 2013-RR2 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 3A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 5A1AA (low) (sf)--Upgraded
    US
    15-Aug-14Resecuritization Trust Securities, Class 6A1AA (low) (sf)--Upgraded
    US
    More
    Less

  • BCAP LLC 2013-RR3 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 5A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 7A1A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2013-RR7 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Class 1A1A (sf)--Confirmed
    US
    15-Aug-14Class 2A1A (sf)--Confirmed
    US
    15-Aug-14Class 4A1A (sf)--Confirmed
    US
    15-Aug-14Class 3A1Discontinued--Disc.-Repaid
    US
    More
    Less

  • BCAP LLC 2013-RR8 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 1A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1A (sf)--Confirmed
    US
    More
    Less

  • BCAP LLC 2013-RR9 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Aug-14Resecuritization Trust Securities, Class 1A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 2A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 3A1A (sf)--Confirmed
    US
    15-Aug-14Resecuritization Trust Securities, Class 4A1A (sf)--Confirmed
    US
    More
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    • Show More Issuers
ASG Resecuritization Trust 2010-2
BCAP LLC 2012-RR1 Trust
BCAP LLC 2012-RR10-I Trust
BCAP LLC 2012-RR10-II Trust
BCAP LLC 2012-RR11 Trust
BCAP LLC 2012-RR12 Trust
BCAP LLC 2012-RR2 Trust
BCAP LLC 2012-RR3 Trust
BCAP LLC 2012-RR4 Trust
BCAP LLC 2012-RR5 Trust
BCAP LLC 2012-RR6 Trust
BCAP LLC 2012-RR7 Trust
BCAP LLC 2012-RR8 Trust
BCAP LLC 2012-RR9 Trust
BCAP LLC 2013-RR1 Trust
BCAP LLC 2013-RR2 Trust
BCAP LLC 2013-RR3 Trust
BCAP LLC 2013-RR7 Trust
BCAP LLC 2013-RR8 Trust
BCAP LLC 2013-RR9 Trust
Show More Issuers
  • 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

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