NEW YORK--(BUSINESS WIRE)--
Kroll Bond Rating Agency (KBRA) affirms nine classes of mortgage pass-through certificates from Sequoia Mortgage Trust (SEMT) 2012-6, a jumbo prime RMBS transaction (see ratings listed below).
The SEMT 2012-6 mortgage pool has experienced no losses and minimal delinquencies since issuance. As of the September 25th remittance, all loans are current. Additionally, principal payments on the pool have resulted in increased credit enhancement to each of the rated classes. KBRA’s analysis of home price trends indicate that the mortgage pool also benefits from home prices which on average have risen since issuance.
For more information on SEMT 2012-6, please see our report, “Sequoia Mortgage Trust Q3 Comprehensive Surveillance Report (SEMT 2010-H1 to SEMT 2013-4)”, which was published on October 7, 2013 at www.krollbondratings.com.
|Class||Rating||Balance (USD)||Rating Action|
|A-IO1||AAA (sf)||$250,930,176 (1)||Affirmed|
|A-IO2||AAA (sf)||$125,465,536 (1)||Affirmed|
|A-IO3||AAA (sf)||$125,464,640 (1)||Affirmed|
(1) Notional Amount and Interest Only Certificates