DBRS Discontinues Rating on Credit Default Swap Entered into by Static Residential CDO 2005-B Ltd.

DBRS, Inc. (DBRS) has today discontinued the AA (sf) rating on the counterparty credit risk of Static Residential CDO 2005-B Ltd. (START 2005-B), reflecting the payment in full of amounts due under the Credit Default Swap confirmation (CDS) governed by the ISDA Master Agreement, dated October 27, 2005, between Deutsche Bank AG and START 2005-B.

The DBRS rating addressed the timely and full payment of the above-referenced payments until the Scheduled Termination Date of the CDS.

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

The applicable methodology is Rating Structured Finance CDO Restructurings, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

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.