DBRS Takes Rating Actions on 28 U.S. RMBS Securities

DBRS, Inc. has today taken rating actions on 28 classes from 15 U.S. Residential Mortgage-Backed Securities (RMBS) transactions. Of the 28 classes reviewed, 24 classes from 11 transactions were confirmed, removed from Under Review with Developing Implications (see “DBRS Places 6,566 Classes from 576 U.S. RMBS Transactions Under Review”, published on January 23, 2012), and set to Discontinued --Repaid. The remaining 4 classes from 4 transactions were also set to Discontinued –Repaid.

These transactions consist of traditional RMBS, REREMIC, and Synthetic transactions.

Notes:
The principal methodologies applicable are U.S. RMBS Surveillance and RMBS Insight: U.S. Residential Mortgage-Backed Securities Loss Model and Rating Methodology, which can be found on our website under Methodologies.

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