Press Release

DBRS Takes Rating Actions on U.S. RMBS Securities

RMBS
March 20, 2015

DBRS, Inc. (DBRS) has today reviewed 265 classes from 103 U.S. residential mortgage-backed security (RMBS) transactions. Of the 265 classes reviewed, all of the ratings were confirmed.

For transactions where the rating has been confirmed, current asset performance and credit support levels have been consistent with the current rating or linked to the rating of corporate entities providing credit support to the tranche or transaction.

The transactions consist of U.S. Net Interest Margin (NIM). The pools backing these transactions consist of subprime and second-lien residential loans.

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

Alliance NIM Trust 2007-OA1
Ameriquest NIM Trust 2006-M3
Argent NIM Trust 2005-WN5
BNC NIMS Trust 2007-3
Bear Stearns Structured Products Inc. NIM Trust 2005-27
Bear Stearns Structured Products Inc. NIM Trust 2005-29
Bear Stearns Structured Products Inc. NIM Trust 2005-32
Bear Stearns Structured Products Inc. NIM Trust 2006-10
Bear Stearns Structured Products Inc. NIM Trust 2006-11
Bear Stearns Structured Products Inc. NIM Trust 2006-16
Bear Stearns Structured Products Inc. NIM Trust 2006-17
Bear Stearns Structured Products Inc. NIM Trust 2006-18
Bear Stearns Structured Products Inc. NIM Trust 2006-19
Bear Stearns Structured Products Inc. NIM Trust 2006-20
Bear Stearns Structured Products Inc. NIM Trust 2006-21
Bear Stearns Structured Products Inc. NIM Trust 2006-22
Bear Stearns Structured Products Inc. NIM Trust 2006-23
Bear Stearns Structured Products Inc. NIM Trust 2006-24
Bear Stearns Structured Products Inc. NIM Trust 2006-3
Bear Stearns Structured Products Inc. NIM Trust 2006-6
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  • 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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