DBRS Discontinues and Withdraws Rating on Interest Rate Swap Payment Relating to J.P. Morgan Chase Bank, N.A. RMBS Transaction
RMBSDBRS, Inc. (DBRS) has today discontinued the rating on the following potential interest rate swap termination payment because of an expiration of the swap without a Failure to Pay Default occurring.
-- Interest rate swap between CWABS Asset-Backed Certificates Trust 2007-10 and J.P. Morgan Chase Bank, N.A. rated AAA (sf) is now Discontinued - Withdrawn.
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.
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