DBRS Discontinues and Withdraws Rating on CSMC Series 2016-1R

DBRS, Inc. (DBRS) has today discontinued and withdrawn the ratings on the following residential mortgage-backed securities issued by CSMC Series 2016-1R:

-- Class 1-A-1 previously rated BBB, now Discontinued – Withdrawn.
-- Class 1-A-4 previously rated BBB, now Discontinued – Withdrawn.

The withdrawal was a result of an amendment dated February 5, 2016, to the transaction structure. The amendment does not have any negative impact on the Class 1-A-3 Notes, which are currently rated A (sf) by DBRS.

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.