DBRS Confirms Ratings on BAMLL Re-REMIC Trust 2013-FRR1

DBRS, Inc. has today confirmed the ratings on the following classes of Commercial Mortgage Certificate-Backed Certificates, Series 2013-FRR1 issued by BAMLL Re-REMIC Trust 2013-FRR1:

-- Class A-1 at BBB (low) (sf)
-- Class A-2 at BBB (low) (sf)

The trends are Stable.

This transaction is a resecuritization, collateralized by the beneficial interests in two commercial mortgage-backed pass-through certificates from two underlying transactions, one of which was securitized in 2010 and one that was securitized in 2011. The ratings are dependent on the performance of the underlying transactions.

Notes:
This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The applicable methodologies are North American CMBS Rating Methodology (June 2015) and CMBS North American Surveillance (January 2015), which can be found on our website under Methodologies.