DBRS Confirms Ratings on J.G. Wentworth XXXV LLC Fixed Rate Asset-Backed Notes, Series 2015-2

DBRS, Inc. (DBRS) has today confirmed the Class A Notes and Class B Notes of J.G. Wentworth XXXV LLC Fixed Rate Asset-Backed Notes, Series 2015-2 at AAA (sf) and BBB (sf), respectively. The publicly rated classes were confirmed as credit enhancement levels are sufficient to cover DBRS’s expected losses at their current respective rating levels.

The DBRS ratings are based on DBRS’s review of the following analytical considerations:
-- Transaction capital structure, proposed ratings and form and sufficiency of available credit enhancement.
-- The transaction parties’ capabilities with regard to origination, underwriting and servicing.
-- Credit quality of the collateral pool and historical performance.

The confirmations of the outstanding ratings of J.G. Wentworth XXXV LLC Fixed Rate Asset-Backed Notes, Series 2015-2 reflect the 5.38% current credit enhancement provided by overcollateralization. As of the July 2016 payment date, the cumulative net loss ratio was 0.00% of the original collateral balance.

Notes:
All figures are in U.S. dollars unless otherwise noted.

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

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

Please see attached appendix for additional information regarding sensitivity of assumptions used in the rating process.