Press Release

DBRS Takes Rating Actions on U.S. RMBS Securities

RMBS
May 20, 2016

DBRS, Inc. (DBRS) has today reviewed 1,245 classes from 55 U.S. residential mortgage-backed security (RMBS) transactions. Of the 1,245 classes reviewed, 57 classes were upgraded and 1,188 classes were confirmed.

The rating upgrades reflect positive performance trends and that these classes have experienced increases in credit support sufficient to withstand stresses at their new rating level. For transactions where the rating has been confirmed, current asset performance and credit support levels have been consistent with the current rating.

The transactions consist of U.S. RMBS and re-securitization of real estate mortgage investment conduit (ReREMIC) transactions. The pools backing these transactions consist of Prime, Alt-A, Option-ARM, Scratch and Dent, Reperforming, ReREMIC and Subprime collateral.

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.

Ratings

  • Agate Bay Mortgage Trust 2015-4

  • BCAP LLC 2014-RR5 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Resecuritization Trust Securities, Class 1A3A (sf)--Upgraded
    US
    More
    Less

  • BCAP LLC 2015-RR6 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Resecuritization Trust Securities, Class 1A1A (sf)--Confirmed
    US
    20-May-16Resecuritization Trust Securities, Class 1A2BBB (sf)--Confirmed
    US
    20-May-16Resecuritization Trust Securities, Class 3A1BBB (sf)--Confirmed
    US
    More
    Less

  • CSMC Series 2015-5R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16CSMC Series 2015-5R, Class 2-A-3A (sf)--Confirmed
    US
    20-May-16CSMC Series 2015-5R, Class 1-A-1BBB (sf)--Confirmed
    US
    20-May-16CSMC Series 2015-5R, Class 2-A-1BBB (sf)--Confirmed
    US
    20-May-16CSMC Series 2015-5R, Class 2-A-4BBB (sf)--Confirmed
    US
    More
    Less

  • CSMC Series 2015-6R

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16CSMC Series 2015-6R, Class 1-A-1BBB (sf)--Confirmed
    US
    20-May-16CSMC Series 2015-6R, Class 10-A-1BBB (sf)--Confirmed
    US
    20-May-16CSMC Series 2015-6R, Class 2-A-1BBB (sf)--Confirmed
    US
    20-May-16CSMC Series 2015-6R, Class 3-A-1BBB (sf)--Confirmed
    US
    20-May-16CSMC Series 2015-6R, Class 4-A-1BBB (sf)--Confirmed
    US
    More
    Less

  • CSMC Trust 2012-CIM2 Mortgage Pass-Through Certificates, Series 2012-CIM2

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Mortgage Pass-through Certificates, Series 2012-CIM2, Class A-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-through Certificates, Series 2012-CIM2, Class A-IO-1*AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-through Certificates, Series 2012-CIM2, Class B-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-through Certificates, Series 2012-CIM2, Class B-2AA (high) (sf)--Confirmed
    US
    20-May-16Mortgage Pass-through Certificates, Series 2012-CIM2, Class B-3AA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-through Certificates, Series 2012-CIM2, Class B-4A (sf)--Confirmed
    US
    More
    Less

  • CSMC Trust 2013-6

  • CSMC Trust 2013-7

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-10AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-11AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-12AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-3AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-4AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-5AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-6AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-7AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-8AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-3AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-4AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-5AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class B-1AA (high) (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class B-2AA (low) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-through Certificates, Series 2013-7, Class A-IO-SA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class B-3A (low) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2013-7, Class B-4BBB (low) (sf)--Upgraded
    US
    More
    Less

  • CSMC Trust 2013-HYB1

  • CSMC Trust 2013-IVR1 Mortgage Pass-Through Certificates, Series 2013-IVR1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Class A-1AAA (sf)--Confirmed
    US
    20-May-16Class A-2AAA (sf)--Confirmed
    US
    20-May-16Class A-3AAA (sf)--Confirmed
    US
    20-May-16Class A-4AAA (sf)--Confirmed
    US
    20-May-16Class A-5AAA (sf)--Confirmed
    US
    20-May-16Class A-5-X-1AAA (sf)--Confirmed
    US
    20-May-16Class A-5-X-2AAA (sf)--Confirmed
    US
    20-May-16Class A-6AAA (sf)--Confirmed
    US
    20-May-16Class A-7AAA (sf)--Confirmed
    US
    20-May-16Class A-8 AAA (sf)--Confirmed
    US
    20-May-16Class A-8-X-1AAA (sf)--Confirmed
    US
    20-May-16Class A-8-X-2AAA (sf)--Confirmed
    US
    20-May-16Class A-9AAA (sf)--Confirmed
    US
    20-May-16Class A-X-1AAA (sf)--Confirmed
    US
    20-May-16Class B-1AA (high) (sf)--Confirmed
    US
    20-May-16Class B-2AA (sf)--Confirmed
    US
    20-May-16Class B-3A (sf)--Confirmed
    US
    20-May-16Class B-4BBB (sf)--Confirmed
    US
    More
    Less

  • CSMC Trust 2013-IVR2

  • CSMC Trust 2013-IVR3

  • CSMC Trust 2013-IVR4

  • CSMC Trust 2013-IVR5

  • CSMC Trust 2013-TH1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Mortgage Pass-through Certificates, Series 2013-TH1, Class A-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-through Certificates, Series 2013-TH1, Class A-IO-1AAA (sf)--Confirmed
    US
    More
    Less

  • CSMC Trust 2014-IVR1

  • CSMC Trust 2014-IVR2

  • CSMC Trust 2014-IVR3

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-3AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-4AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-5AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-6AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-7AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-8AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-X-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-X-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-X-3AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-X-4AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-X-5AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-X-6AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class B-1AA (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class B-2A (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class A-IO-SA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class B-3BBB (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-IVR3, Class B-4BB (high) (sf)--Upgraded
    US
    More
    Less

  • CSMC Trust 2014-OAK1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 1-A-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 1-A-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 1-X-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-A-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-A-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-A-3AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-A-4AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-A-5AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-X-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-X-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-X-3AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class 2-X-4AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class B-1AA (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class B-2A (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class B-3BBB (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-OAK1, Class B-4BB (high) (sf)--Upgraded
    US
    More
    Less

  • CSMC Trust 2014-SAF1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-11AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-12AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-14AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-4AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-5AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-8AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-X-11AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-X-12AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-X-2AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-X-8AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class Z-1AAA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class B-1AA (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class B-2A (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class A-IO-SA (sf)--Confirmed
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class B-3BBB (high) (sf)--Upgraded
    US
    20-May-16Mortgage Pass-Through Certificates, Series 2014-SAF1, Class B-4BB (high) (sf)--Upgraded
    US
    More
    Less
    • Show More Issuers
Agate Bay Mortgage Trust 2015-4
BCAP LLC 2014-RR5 Trust
BCAP LLC 2015-RR6 Trust
CSMC Series 2015-5R
CSMC Series 2015-6R
CSMC Trust 2012-CIM2 Mortgage Pass-Through Certificates, Series 2012-CIM2
CSMC Trust 2013-6
CSMC Trust 2013-7
CSMC Trust 2013-HYB1
CSMC Trust 2013-IVR1 Mortgage Pass-Through Certificates, Series 2013-IVR1
CSMC Trust 2013-IVR2
CSMC Trust 2013-IVR3
CSMC Trust 2013-IVR4
CSMC Trust 2013-IVR5
CSMC Trust 2013-TH1
CSMC Trust 2014-IVR1
CSMC Trust 2014-IVR2
CSMC Trust 2014-IVR3
CSMC Trust 2014-OAK1
CSMC Trust 2014-SAF1
Show More Issuers
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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