DBRS Discontinues Ratings on 45 U.S. RMBS Securities
RMBSDBRS, Inc. (DBRS) has today discontinued ratings on 45 residential mortgage-backed security (RMBS) classes because of full principal repayment to bondholders.
The classes affected by the rating actions derive from U.S. RMBS and ReREMIC transactions. A majority of the pools backing these transactions consist primarily of prime and Alt-A collateral.
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.
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