- Language: English
- Published: May 2012
Rating On STB RMBS 2007-1 Class B Raised To 'AAA (sf)' Sep 11
- Published: September 2011
- Standard & Poors
OVERVIEW STB RMBS 2007-1 is a securitization transaction whose certificates are backed by housing loan receivables entrusted by Sumitomo Trust & Banking Co. Ltd. The transaction's credit enhancement has risen, reflecting progress in the redemption of principal for the rated trust certificates. We raised our rating on class B to 'AAA (sf)' and affirmed our 'AAA (sf)' rating on class A issued under the transaction. TOKYO (Standard & Poor's) Sept. 21, 2011--Standard & Poor's Ratings Services today raised to 'AAA (sf)' from 'AA (sf)' its rating on STB RMBS 2007-1, class B certificates (see list below), due December 2036. At the same time, Standard & Poor's affirmed its 'AAA (sf)' rating on the class A certificates issued under the same...
Companies mentioned in this report are: STB RMBS 2007-1
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
SHOW LESS READ MORE >
STB RMBS 2007-1