Fitch Rates $186.7MM RBSSP Resecuritization Trust 2009-5

NEW YORK--(Business Wire)--
RBSSP Resecuritization Trust 2009-5 is rated by Fitch as follows:

--$38,021,000 class 1-A1 'AAA', Outlook Stable;

--$5,093,000 classes 2-A1, 2-A2 and 2-A4 'AAA', Outlook Stable;

--$6,860,000 classes 3-A1, 3-A2 and 3-A4 'AAA', Outlook Stable;

--$27,376,000 classes 4-A1, 4-A2 and 4-A4 'AAA', Outlook Stable;

--$5,444,000 classes 5-A1, 5-A2 and 5-A4 'AAA', Outlook Stable;

--$7,304,000 classes 9-A1, 9-A2 and 9-A4 'AAA', Outlook Stable;

--$8,746,000 classes 10-A1, 10-A2 and 10-A4 'AAA', Outlook Stable;

--$6,580,000 classes 11-A1, 11-A2 and 11-A4 'AAA', Outlook Stable;

--$16,590,000 classes 12-A1, 12-A2 and 12-A4 'AAA', Outlook Stable;

--$36,900,000 classes 13-A1, 13-A2 and 13-A4 'AAA', Outlook Stable;

--$20,198,000 classes 14-A1, 14-A2, 14-A4, 14-A5, 14-A6, and 14-A8 'AAA',
Outlook Stable;

--$7,608,000 classes 15-A1, 15-A2 and 15-A4 'AAA', Outlook Stable.

This transaction contains certain classes designated as exchangeable
certificates and others as regular certificates. The class 2-A4, 3-A4, 4-A4,
5-A4, 9-A4, 10-A4, 11-A4, 12-A4, 13-A4, 14-A4, 14-A8, and 15-A4 certificates are
exchangeable certificates. The rest of the classes are regular certificates.

This transaction consists of 15 groups. Each group is a resecuritization of an
ownership interest in a single mortgage-backed certificate. Fitch did not rate
groups 6, 7, and 8 of this transaction. As resecuritizations, the certificates
will receive their cash-flows from the underlying classes of certificates. The
underlying certificates are backed by conventional Alt-A and Prime first-lien
mortgage loans. The group-to-bond associations are as follows:

Group 1: 37.11% interest in the Wells Fargo Mortgage Backed Securities 2005-AR15
Trust, class I-A-2. Credit Enhancement for the 1-A1 certificate is provided by
the structural support on the underlying transaction and by the 20% class 1-A2
bond.

Group 2: 1.22% interest in the CHL Mortgage Pass-Through Trust 2007-16, class
A-1. Credit Enhancement for the 2-A1, 2-A2 and 2-A4 certificates is provided by
the structural support on the underlying transaction and by the 28% class 2-A3
bond.

Group 3: 16.54% interest in the Bear Stearns ARM Trust, series 2005-1, class
IV-A-1. Credit Enhancement for the 3-A1, 3-A2 and 3-A4 certificates is provided
by the structural support on the underlying transaction and by the 23.5% class
3-A3 bond.

Group 4: 28.40% interest in the Lehman Mortgage Trust, series 2006-6, class 1A1.
Credit Enhancement for the 4-A1, 4-A2 and 4-A4 certificates is provided by the
structural support on the underlying transaction and by the 45% class 4-A3 bond.

Group 5: 3.03% interest in the RFMSI series 2006-S12 Trust, class II-A-1. Credit
Enhancement for the 5-A1, 5-A2 and 5-A4 certificates is provided by the
structural support on the underlying transaction and by the 23% class 5-A3 bond.

Group 9: 5.94% interest in the Citigroup Mortgage Loan Trust Inc., series
2005-8, class I-A4A. Credit Enhancement for the 9-A1, 9-A2 and 9-A4 certificates
is provided by the structural support on the underlying transaction and by the
33% class 9-A3 bond.

Group 10: 7.17% interest in the Structured Adjustable Rate Mortgage Loan Trust
series 2006-4, class 6-A. Credit Enhancement for the 10-A1, 10-A2 and 10-A4
certificates is provided by the structural support on the underlying transaction
and by the 35% class 10-A3 bond.

Group 11: 1.51% interest in the CHL Mortgage Pass-Through Trust 2007-16, class
A-1. Credit Enhancement for the 11-A1, 11-A2 and 11-A4 certificates is provided
by the structural support on the underlying transaction and by the 25% class
11-A3 bond.

Group 12: 44.50% interest in the Banc of America Funding 2006-H Trust, class
2-A-1. Credit Enhancement for the 12-A1, 12-A2 and 12-A4 certificates is
provided by the structural support on the underlying transaction and by the 37%
class 12-A3 bond.

Group 13: 19.49% interest in the CWALT, Inc., Alternative Loan Trust 2007-17CB,
class 1-A-6. Credit Enhancement for the 13-A1, 13-A2, and 13-A4 certificates is
provided by the structural support on the underlying transaction and by the 24%
class 13-A3 bond.

Group 14: 13.77% interest in the Residential Asset Securitization Trust
2006-A13, class A-1. Credit Enhancement for the 14-A1, 14-A2, and 14-A4
certificates is provided by the structural support on the underlying transaction
and by the 21.33% (47.5% of Group 14-1 certificates) class 14-A3 bond. Credit
Enhancement for the 14-A5, 14-A6, and 14-A8 certificates is provided by the
structural support on the underlying transaction and by the 25.34% (46.0% of
Group 14-2 certificates) class 14-A3 bond.

Group 15: 31.23% interest in the J.P. Morgan Mortgage Trust 2006-A4, class
3-A-2. Credit Enhancement for the 15-A1, 15-A2, and 15-A4 certificates is
provided by the structural support on the underlying transaction and by the
27.5% class 15-A3 bond.

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methodologies are available from this site, at all times. Fitch's code of
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and other relevant policies and procedures are also available from the 'Code of
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Fitch Ratings, New York
Stefan Hilts, 212-908-9137
Alla Sirotic, 212-908-0732
or
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Sandro Scenga, 212-908-0278
Email: sandro.scenga@fitchratings.com

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