Rating On STB RMBS 2007-1 Class B Raised To 'AAA (sf)' Sep 11
- ID: 1922323
- 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
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STB RMBS 2007-1