DBRS Confirms Ratings on U.S. ABS Transactions

DBRS, Inc. (DBRS) has today conducted a review of 17 publicly rated U.S. structured finance asset-backed securities with 29 outstanding publicly rated classes. All of the 29 publicly rated classes reviewed were confirmed as credit enhancement levels are sufficient to cover DBRS’s expected losses at their current respective rating levels.

The following public transactions were reviewed:

-- J.G. Wentworth XXIII LLC Fixed Rate Asset-Backed Notes, Series 2011-1
-- JGWPT XXIV LLC Fixed Rate Asset-Backed Notes, Series 2011-2
-- JGWPT XXV LLC Fixed Rate Asset-Backed Notes, Series 2012-1
-- JGWPT XXVI LLC Fixed Rate Asset-Backed Notes, Series 2012-2
-- JGWPT XXVII LLC Fixed Rate Asset-Backed Notes, Series 2012-3
-- JGWPT XXVIII LLC Fixed Rate Asset-Backed Notes, Series 2013-1
-- JGWPT XXIX LLC Fixed Rate Asset-Backed Notes, Series 2013-2
-- JGWPT XXX LLC Fixed Rate Asset-Backed Notes, Series 2013-3
-- JGWPT XXXI LLC Fixed Rate Asset-Backed Notes, Series 2014-1
-- NV Funding LLC, Series 2014-A Fixed Rate Asset Backed Notes
-- JGWPT XXXII LLC Fixed Rate Asset-Backed Notes, Series 2014-2
-- J.G. Wentworth XXXIII LLC Fixed Rate Asset-Backed Notes, Series 2014-3
-- NYLIMAC 2010-SS-1, LLC, Series 2010-1
-- Novation Ventures 2013-A Structured Settlement Notes
-- Novation Receivables Funding LLC, Series 2010-A
-- SuttonPark Structured Settlements 2011-1 LLC
-- SuttonPark Structured Settlements 2012-1 LLC

Notes:
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

Please see the attached appendix for additional information regarding the assumptions used in the rating process and related performance which could impact rating sensitivity.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.