(The following statement was released by the rating agency)OVERVIEW - We affirmed our ratings on the class A and B notes from StructuredReceivables Finance 2010-A LLC. The affirmations reflect the transaction's ability to maintainsufficient credit enhancement to support the notes at the current ratinglevels.

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Structured Receivables Finance 2010-A LLC is a U.S. Securitizationbacked by structured settlement payments. March 5 - Standard & Poor's Ratings Services today affirmed its ratings onthe class A and B notes from Structured Receivables Finance 2010-A LLC (seelist). Structured Receivables Finance 2010-A LLC is a U.S. Securitization backedby structured settlement payments.Structured settlement payments are payments resulting from an arrangementbetween a claimant (for example, a plaintiff that has settled a personalinjury lawsuit) and a defendant and/or the defendant's liability insurer thatare typically structured as installment payments to satisfy the settlement.The defendant generally arranges to discharge its payment obligation to theclaimant by assigning the obligation to a settlement counterparty.

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Thesettlement counterparty then typically funds the obligation to make theagreed-upon payments by purchasing an annuity contract from an annuityprovider.Because the ultimate source of structured settlement payments originates atinsurance companies, Standard & Poor's must address the risk of a pool ofpayments from these companies. The following is an explanation of our grossdefault stress assumptions:- We base our analysis of gross defaults for the pool on the output fromStandard & Poor's CDO Evaluator and the results of two supplemental tests. Thedefault rates are affected by industry correlation and affiliations among theannuity providers. If there is common ownership among rated carriers, we canfurther consolidate the portfolio (see 'Methodology And Assumptions For U.S.Structured Settlement Payment Securitizations,' published Dec.

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We use our existing corporate credit ratings and public ratings in ouranalysis and assume a 'CCC-' rating for carriers that Standard & Poor'sdoesn't rate. Although we have observed higher actual levels of recovery in thestructured settlement sector, under a stress scenario, we assume a 50%immediate recovery rate for the largest-obligor test and a 60% immediaterecovery rate for the largest-industry test. We assume a 70% recovery when weconduct the cash flow analysis to test the scenario default rates generated byCDO Evaluator.The affirmations reflect the presence of sufficient credit support to maintainthe current ratings even though lowered corporate obligor credit ratings inthe collateral pool have outnumbered raised ratings since the securitizationwas originated. The credit support for these transactions is provided byovercollateralization, a cash reserve account, and subordination for thehigher-rated tranches.