Press Release

DBRS Confirms 123 Classes in Six U.S. RMBS Transactions

RMBS
September 23, 2016

DBRS, Inc. (DBRS) has today confirmed 123 classes from six U.S. residential mortgage-backed security (RMBS) transactions.

The confirmations come as a result of current asset performance and credit support levels being consistent with the current rating.

The transactions consist of U.S. RMBS transactions. The pools backing these transactions consist of Reperforming and Prime Jumbo collateral.

The ratings assigned to the following securities differ from the higher rating(s) implied by the quantitative model. DBRS considers this difference to be a material deviation, but in this case, the ratings of the subject notes reflect the lack of transaction seasoning and performance history.

-- WinWater Mortgage Loan Trust 2015-5, Mortgage Pass-Through Certificates, Series 2015-5, Class B-2
-- WinWater Mortgage Loan Trust 2015-5, Mortgage Pass-Through Certificates, Series 2015-5, Class B-3
-- WinWater Mortgage Loan Trust 2015-5, Mortgage Pass-Through Certificates, Series 2015-5, Class B-4

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.

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

Ratings

  • 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