Citigroup Mortgage Loan Trust Gets Stable Outlook From Fitch

Fitch Ratings has assigned the following ratings and Outlooks to Citigroup Mortgage Loan Trust 2009 3 Group 1 $59,128,000 classes 1A1 and 1A2 'AAA' Outlook Stable $10,434,682 class 1A3 'BB' Outlook Stable. Group 3 $75,384,000 classes 3A1 and 3A2 'AAA'

By None

Fitch Ratings has assigned the following ratings and Outlooks to Citigroup Mortgage Loan Trust 2009-3:

Group 1

-$59,128,000 classes 1A1 and 1A2 ‘AAA’; Outlook Stable;

-$10,434,682 class 1A3 ‘BB’; Outlook Stable.

Group 3

-$75,384,000 classes 3A1 and 3A2 ‘AAA’; Outlook Stable;

-$15,440,228 class 3A3 ‘BB’; Outlook Stable.

Group 4

-$57,715,000 classes 4A1 and 4A2 ‘AAA’; Outlook Stable;

-$10,185,977 class 4A3 ‘A’; Outlook Stable.

Group 5

-$53,402,000 classes 5A1, 5A2 and 5A4 ‘AAA’; Outlook Stable;

-$11,443,000 (exchangeable) class 5A7 ‘AA’; Outlook Stable;

-$22,885,808 class 5A3, 5A5, 5A6 and 5A8 ‘C’; Outlook Stable.

This transaction contains certain classes designated as exchangeable certificates and others as regular certificates. The class 5A4, 5A5, 5A6, 5A7 and 5A8 certificates are exchangeable certificates. The rest of the classes are regular certificates.

This transaction consists of five groups. Each group is a resecuritization of ownership interest in certain mortgage-backed certificates. 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: 70.40% interest in the Wells Fargo Mortgage Backed Securities 2005-7 Trust, class A-3. Credit enhancement for the 1A1 and 1A2 certificates is provided by the structural support on the underlying transaction and by the 15% class 1A3 bond.

Group 3: 100% interest in the CHL Mortgage Pass-Through Trust 2003-46, class 4-A-1. Credit enhancement for the 3A1 and 3A2 certificates is provided by the structural support on the underlying transaction and by the 17% class 3A3 bond.

Group 4: 25.50% interest in the WaMu Mortgage Pass-Through Certificates, series 2003-AR10, Class A-7. Credit enhancement for the 4A1 and 4A2 certificates is provided by the structural support on the underlying transaction and by the 15% class 4A3 bond.

Group 5: 57.79% interest in the CMALT (CitiMortgage Alternative Loan Trust) series 2007-A2, class IA-5. Credit enhancement for the 5A1 and 5A2 certificates is provided by the structural support on the underlying transaction and by the 30% class 5A3 bond.

L.D.

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