Fitch Rates $29.67MM BAFC 2009-R4

NEW YORK--(Business Wire)--
Fitch rates Banc of America Funding Corporation (BAFC) 2009-R4 Trust as follows:

--$13,470,001 classes 1-A-1, 1-A-2 and 1-A-4 'AAA'; Outlook Stable;

--$11,710,438 classes 2-A-1, 2-A-2 and 2-A-4 'AAA'; Outlook Stable;

--$4,490,226 class 3-A-1 'AAA'; Outlook Stable.

The class 1-A-4 and 2-A-4 certificates are exchangeable certificates. The rest
of the classes are regular certificates. Credit Enhancement for the 1-A-1,
1-A-2, and 1-A-4 certificates is provided by the structural support on the
underlying transaction and by the 30% class 1-A-3 bond (not rated by Fitch).
Credit Enhancement for the 2-A-1, 2-A-2, and 2-A-4 certificates is provided by
the structural support on the underlying transaction and by the 11% class 2-A-3
bond (not rated by Fitch). Credit Enhancement for the 3-A-1 certificate is
provided by the structural support on the underlying transaction and by the 39%
class 3-A-2 bond (not rated by Fitch).

Group 1 of this transaction is a resecuritization of approximately 15% interest
in the class Banc of America Alternative Loan Trust 2006-9 class 1-CB-1
certificate. Group 2 of this transaction is a resecuritization of approximately
10.7% interest in the Citicorp Mortgage Securities, Inc. REMIC pass-through
certificates, series 2005-4, class 4-A-1. Group 3 is a resecuritization of
approximately 7.27% interest in the Lehman Mortgage Trust 2007-8, class 3-A-1
certificate. Each of these certificates represents beneficial ownership interest
in fixed-rate, conventional, first lien residential mortgage loans,
substantially all of which have original terms to stated maturity of 30 years.
As resecuritizations, the certificates will receive their cash-flow from the
underlying classes of certificates.

Fitch's rating definitions and the terms of use of such ratings are available on
the agency's public site, www.fitchratings.com. Published ratings, criteria and
methodologies are available from this site, at all times. Fitch's code of
conduct, confidentiality, conflicts of interest, affiliate firewall, compliance
and other relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings, New York
Stefan Hilts, 212-908-9137
Alla Sirotic, 212-908-0732
or
Media Relations:
Sandro Scenga, 212-908-0278
Email: sandro.scenga@fitchratings.com

Copyright Business Wire 2009