Press Release

DBRS Takes Rating Actions on U.S. RMBS Securities

RMBS
April 15, 2015

DBRS, Inc. (DBRS) has today reviewed 924 classes from 64 U.S. residential mortgage-backed security (RMBS) transactions. Of the 924 classes reviewed, 82 were upgraded, 793 classes were confirmed, 12 classes were downgraded and 37 classes were discontinued due to full principal repayment to the bondholders.

The rating upgrades reflect positive performance trends and these classes 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 downgrades reflect a combination of the continued erosion of credit support in these transactions as a result of negative trends in delinquency and projected loss activity.

The transactions consist of U.S. RMBS and resecuritization of real estate mortgage investment conduit (ReREMIC) transactions. The pools backing these transactions consist of prime, Alt-A, seasoned and subprime 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

  • CSMC Series 2008-2R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2008-2R, Class 2-A-1C (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2008-2R, Class 2-A-3C (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2008-2R, Class 2-A-4C (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2008-2R, Class 3-A-1C (sf)--Confirmed
    US
    More
    Less

  • CSMC Series 2010-13R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2010-13R Securities, Class 1-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-13R Securities, Class 1-A-6AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-13R Securities, Class 1-A-10Discontinued--Disc.-Repaid
    US
    15-Apr-15CSMC Series 2010-13R Securities, Class 1-A-5Discontinued--Disc.-Repaid
    US
    More
    Less

  • CSMC Series 2010-19R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2010-19R Class 5-A-2AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 5-A-3AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 5-A-5AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 5-A-6AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 6-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 6-A-2AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 6-A-5AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 6-A-3AA (high) (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-19R Class 6-A-6AA (high) (sf)--Confirmed
    US
    More
    Less

  • CSMC Series 2010-1R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2010-1R, Class 14-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-1R, Class 25-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-1R, Class 31-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-1R, Class 32-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-1R, Class 8-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-1R, Class 28-A-1BB (low) (sf)--Downgraded
    US
    15-Apr-15CSMC Series 2010-1R, Class 13-A-1Discontinued--Disc.-Repaid
    US
    More
    Less

  • CSMC Series 2010-20R

  • CSMC Series 2010-2R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2010-2R, Class 2-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 2-A-10AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 2-A-2AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 4-A-12AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 4-A-4AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 5-A-11AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 5-A-12AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 5-A-3AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 5-A-4AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 7-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 7-A-10AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 7-A-11AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 7-A-2AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-2R, Class 7-A-3AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 2-A-11AA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 2-A-3AA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 7-A-12AA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 7-A-4AA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 2-A-12BBB (low) (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-2R, Class 2-A-4BBB (low) (sf)--Upgraded
    US
    More
    Less

  • CSMC Series 2010-4R

  • CSMC Series 2010-5R, Ltd.

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2010-5R, Ltd., Class 1-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-5R, Ltd., Class 1-A-2AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-5R, Ltd., Class 1-A-5AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-5R, Ltd., Class 1-A-3AA (high) (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-5R, Ltd., Class 1-A-6AA (high) (sf)--Confirmed
    US
    More
    Less

  • CSMC Series 2010-6R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2010-6R, Class 1-A-2AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-13AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-17AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-18AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-19AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-2AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-3AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-5AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-6R, Class 2-A-8AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-6R, Class 1-A-1Discontinued--Disc.-Repaid
    US
    More
    Less

  • CSMC Series 2010-7R

  • CSMC Series 2010-8R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15CSMC Series 2010-8R Securities, Class 10-A-1AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-8R Securities, Class 10-A-2AAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-8R Securities, Class 10-A-3AAA (sf)--Upgraded
    US
    15-Apr-15CSMC Series 2010-8R Securities, Class 10-AAAAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-8R Securities, Class 10-ABAAA (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-8R Securities, Class 10-A-4A (high) (sf)--Confirmed
    US
    15-Apr-15CSMC Series 2010-8R Securities, Class 10-A-9Discontinued--Disc.-Repaid
    US
    More
    Less

  • CSMC Series 2010-9R

  • Citigroup Mortgage Loan Trust 2008-3

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A10C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A11C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A12C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A13C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A14C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A2C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A6C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A7C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A8C (sf)--Confirmed
    US
    15-Apr-15Re-REMIC Trust Certificates, Series 2008-3, Class A9C (sf)--Confirmed
    US
    More
    Less

  • Citigroup Mortgage Loan Trust 2010-12

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15Resecuritization Trust Certificates, Series 2010-12, Class 2A1AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-12, Class 2A2AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-12, Class 2A3AAA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-12, Class 2A5AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-12, Class 2A6AAA (sf)--Upgraded
    US
    More
    Less

  • Citigroup Mortgage Loan Trust 2010-2

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 4A1AAA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 4A1AAAA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 4A1BAAA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 6A1AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 2A2ABBB (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 4A2AB (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 5A2AB (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 2A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 2A2BC (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 3A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 4A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 4A2BC (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 5A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 5A2BC (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 6A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 7A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-2, Class 7A2AC (sf)--Confirmed
    US
    More
    Less

  • Citigroup Mortgage Loan Trust 2010-3

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 1A1AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 1A1IOAAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 1A2AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 2A1AAAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 3A1AAAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 4A1AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 2A1AA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 2A1BAA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 5A1AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 3A1AA (low) (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 3A1BAA (low) (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 5A1A (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 5A1BA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 1A3C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 1A3AC (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 2A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 2A2AC (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 3A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 3A2AC (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 4A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 5A2C (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-3, Class 5A2AC (sf)--Confirmed
    US
    More
    Less

  • Citigroup Mortgage Loan Trust 2010-4

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15Resecuritization Trust Certificates, Series 2010-4, Class 3A2AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-4, Class 3A3AAA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-4, Class 3A5AAA (sf)--Upgraded
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-4, Class 3A7AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-4, Class 4A1AA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-4, Class 4A2A (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-4, Class 4A5A (sf)--Confirmed
    US
    More
    Less

  • Citigroup Mortgage Loan Trust 2010-6

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15Resecuritization Trust Certificates, Series 2010-6, Class 3A1AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-6, Class 3A2AAA (sf)--Confirmed
    US
    More
    Less

  • Citigroup Mortgage Loan Trust 2010-7

    Date IssuedDebt RatedRatingTrendActionAttributesi
    15-Apr-15Resecuritization Trust Certificates, Series 2010-7, Class 1A1AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-7, Class 9A2AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-7, Class 9A5AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-7, Class 9A6AAA (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-7, Class 1A2AA (high) (sf)--Confirmed
    US
    15-Apr-15Resecuritization Trust Certificates, Series 2010-7, Class 9A1Discontinued--Disc.-Repaid
    US
    More
    Less

  • Citigroup Mortgage Loan Trust 2010-8

    • Show More Issuers
CSMC Series 2008-2R
CSMC Series 2010-13R
CSMC Series 2010-19R
CSMC Series 2010-1R
CSMC Series 2010-20R
CSMC Series 2010-2R
CSMC Series 2010-4R
CSMC Series 2010-5R, Ltd.
CSMC Series 2010-6R
CSMC Series 2010-7R
CSMC Series 2010-8R
CSMC Series 2010-9R
Citigroup Mortgage Loan Trust 2008-3
Citigroup Mortgage Loan Trust 2010-12
Citigroup Mortgage Loan Trust 2010-2
Citigroup Mortgage Loan Trust 2010-3
Citigroup Mortgage Loan Trust 2010-4
Citigroup Mortgage Loan Trust 2010-6
Citigroup Mortgage Loan Trust 2010-7
Citigroup Mortgage Loan Trust 2010-8
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

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.

Related Documents

Methodology Used:

Issuers

Show All

Contacts

Further Inquiries

To speak to members of our Business Development or Media Relations teams, please click here for more information.

More from Morningstar DBRS