DBRS Updates Transaction Summary of Merit Trust and Prime Trust, Transaction #61

DBRS Limited (DBRS) has today released an updated Transaction Summary report that provides details of Transaction 61 within Merit Trust and Prime Trust, as part of its ongoing efforts to increase the transparency of reporting on asset-backed commercial paper (ABCP) conduit activity. The collateral supporting Transaction 61 consists of a portfolio of conventional and insured residential mortgages and National Housing Act mortgage-backed securities originated by a large financial services company operating in Canada.

Note:
The applicable methodologies are Rating Canadian Residential Mortgages, Home Equity Lines of Credit and Reverse Mortgages; Rating Canadian ABCP and Related Enhancement Features; Legal Criteria for Canadian Structured Finance; and Derivatives Criteria for Canadian Structured Finance, which can be found on our website under Methodologies.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.