Market News

Company name	BFC Genesee CDOLd&Cp
Headline	Notification of Public Disposition of Collateral

RNS Number : 1512H

BFC Genesee CDO Ltd &(Delaware)Corp

06 July 2012

Corporate Trust Services

9062 Old Annapolis Road,

Columbia, MD 21045-1951

MAC: N2702-011

NOTIFICATION OF PUBLIC DISPOSITION OF COLLATERAL

July 6, 2012

To:

BFC Genesee CDO Ltd.

c/o Walkers SPV Limited

Walker House

87 Mary Street

George Town, Grand Cayman KY1-9002

Cayman Islands

Attention: The Directors

BFC Genesee CDO (Delaware) Corp.

c/o Puglisi & Associates

850 Library Avenue, Suite 204

Newark, Delaware 19711

Attention: Donald Puglisi

From:

Wells Fargo Bank, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045

Attention: CDO Trust Services - Nicole Burke and Dan Cohen

Facsimile No.: 866-373-0261

Phone No.: (410) 884-2198 & (443) 367-3925

Name of Debtors: BFC Genesee CDO Ltd., as Issuer (the "Issuer")

BFC Genesee CDO (Delaware) Corp., as Co-Issuer

(the "Co-Issuer")

We will sell the property described on Exhibit A attached hereto (the "Collateral") to the highest qualified bidder or bidders in two public sales as set forth below (the "Sales"). The Trustee has retained Dock Street Capital Management LLC ("DSCM") to act as its liquidation agent for the Collateral. To request more information from DSCM about the Sales or the Collateral, including how to participate in the Sales, contact David Crowle or Jeffrey Holtman by e-mail at dcrowle@dockstreetcap.com or jholtman@dockstreetcap.com, respectively by phone at (212) 457-8258, by facsimile at (212) 457-8269 or by mail addressed to 575-B Riverside Avenue, Westport, Connecticut 06880.

	DAY AND DATE	TIME
Public Sale No. 1	Thursday, July 19, 2012	10:00 a.m. EDT
Public Sale No. 2	Thursday, July 19, 2012	2:00 p.m. EDT

PLACE

The Sales will be held at 575-B Riverside Avenue, Westport, CT 06880.

You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell. You may request an accounting by contacting Nicole Burke by phone at (410) 884-2198 or by e-mail at Nicole.C.Burke@wellsfargo.com or Dan Cohen by phone at (443) 367-3925 or by email at daniel.cohen@wellsfargo.com with questions.

Nothing herein is intended to, or shall, waive any term or provision of that certain Indenture among the Issuer, the Co-Issuer and Wells Fargo Bank, National Association, as trustee and securities intermediary (the "Trustee") dated as of February 28, 2006 (as amended, modified or supplemented from time to time, the "Indenture") or any rights of the Trustee thereunder, all of which are hereby fully reserved.

WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee

cc:

Holders of Notes and Preferred Shares:*

05539MAA8, 05539MAB6, 05539MAD2, 05539MAE0, 05539H200, 05539MAC4

05539H309, G1088CAB5, G1088CAC3, G1088CAD1

Rating Agencies:

Moody's Investors Service, Inc.

7 World Trade Center

250 Greenwich Street

New York, New York 10007

Attention: CBO/CLO Monitoring

Facsimile No.: (212) 553-0355

E-mail: cdomonitoring@moodys.com

Standard & Poor's

55 Water Street, 41^st Floor

New York, New York 10041-0003

Facsimile No.: (212) 438-2664

Attention: Structured Finance Ratings

Asset-Backed Securities CBO/CLO Surveillance

E-mail: CDO_Surveillance@standardandpoors.com

Paying and Transfer Agent:

Wells Fargo Bank, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045

Attention: CDO Trust Services - BFC Genesee CDO Ltd.

Collateral Manager:

Braddock Financial Corporation

Tabor Center

1200 17th Street, Suite 880

Denver, Colorado 80202

Attention: Matt Talkington

Issuer:

BFC Genesee CDO Ltd.

c/o Walkers SPV Limited

Walkers House

87 Mary Street

George Town, Grand Cayman KY1-9002

Cayman Islands

Attention: The Directors

Co-Issuer:

BFC Genesee CDO (Delaware) Corp.

c/o Puglisi & Associates

850 Library Avenue, Suite 204

Newark, Delaware 19711

Attention: Donald Puglisi

Cap Provider:

AIG Financial Products Corp.

50 Danbury Road

Wilton, Connecticut 06897-4444

Attention: Chief Financial Officer

Synthetic Security Counterparty:

JPMorgan Chase Bank, National Association (successor to Bear, Stearns International Limited)

245 Park Avenue

New York, New York 10017-2507

Attention: Raymond Richards

Irish Stock Exchange:

The Company Announcements Office

The Irish Stock Exchange

28 Anglesea Street

Dublin 2 Ireland

Facsimile No.: + 353 1 677 6045

E-mail (in Microsoft Word format): announcements@ise.ie

Irish Listing Agent:

Grant Thornton

24-26 City Quay

Dublin 2, Ireland

EXHIBIT A

Public Sale No. 1: Thursday, July 19, 2012, 10:00 a.m. EDT
Lot #	CUSIP			Issue	Asset Type		Original Face
1	46602PAE9			IXCBO 2005-1A B1L	ABS CDO		3,000,000.00
2	52902TAN6			LEXN 2005-1A D	ABS CDO		3,000,000.00
3	363631AD4			GALL 2005-1A B1L	CLO		3,000,000.00
4	378663AJ7			GLEAG 2005-1A D	CLO		3,000,000.00
5	85431NAE9			STANZ 2006-1A B1L	CLO		3,500,000.00
6	86613NAF4			Summit Lake CLO B-1L	CLO		2,500,000.00
7	05947U4Q8			BACM 2005-6 J	CMBS		3,000,000.00
8	12513EAW4			CD 2005-CD1 H	CMBS		3,000,000.00
9	36828QQU3			GECMC 2005-C4 H	CMBS		2,000,000.00
10	53944PAF9			LNR 2005-1 EFL	CMBS		2,000,000.00
11	617451CB3			MSC 2005-HQ7 J	CMBS		3,000,000.00
12	04541GLC4			ABSHE 2004-HE5 M7	Subprime		2,000,000.00
13	126673L83			AMIT 2005-2 M9	Subprime		3,000,000.00
14	00252FDA6			AMIT 2005-4 M8	Subprime		2,000,000.00
15	00252FDB4			AMIT 2005-4 M9	Subprime		1,000,000.00
16	03072SV77			AMSI 2005-R11 M7	Subprime		2,880,000.00
17	03072SK61			AMSI 2005-R7 M7	Subprime		3,000,000.00
18	073879SR0			BSABS 2005-AC2 1B2	Subprime		3,000,000.00
19	073879PX0			BSABS 2005-HE1 M7	Subprime		2,000,000.00
20	073879VM7			BSABS 2005-TC1 M7	Subprime		2,705,000.00
21	073879E79			BSABS 2005-TC2 M6	Subprime		2,388,000.00
22	152314PB0			CXHE 2005-C B1	Subprime		2,000,000.00
23	30246QBK8			FBRSI 2005-3 M8	Subprime		1,000,000.00
24	32027NUT6			FFML 2005-FF7 M8	Subprime		1,979,000.00
25	31659TDJ1			FMIC 2005-1 M9	Subprime		2,500,000.00
26	31659TEB7			FMIC 2005-2 M8	Subprime		2,116,000.00
27	31659TFF7			FMIC 2006-1 M6	Subprime		2,500,000.00
28	32113JAQ8			FNLC 2005-1 M14	Subprime		3,500,000.00
29	30246QCX9			FRBSI 2005-5 M9	Subprime		3,000,000.00
30	64352VLQ2			NCHET 2005-3 M7	Subprime		3,000,000.00
31	65536HBJ6			NHELI 2005-HE1 M7	Subprime		3,000,000.00

Public Sale No. 2: Thursday, July 19, 2012, 2:00 p.m. EDT
Lot #		CUSIP	Issue			Asset Type		Original Face
1		2254W0MS1	ARMT 2005-12 5M4			Prime/ Alt-A		1,530,000.00
2		362341PG8	GSAA 2005-11 B2			Prime/ Alt-A		1,500,000.00
3		362341UL1	GSAA 2005-MTR1 B2			Prime/ Alt-A		2,183,000.00
4		362334BZ6	GSAA 2006-3 B1			Prime/ Alt-A		2,638,000.00
5		2254W0LQ6	HEMT 2005-HF1 M8			Prime/ Alt-A		2,000,000.00
6		525221DY0	LXS 2005-8 1M4			Prime/ Alt-A		2,383,000.00
7		525221HX8	LXS 2006-1 1M6			Prime/ Alt-A		3,000,000.00
8		59020UQ99	MLMI 2005-A8 B2			Prime/ Alt-A		1,000,000.00
9		65535VRA8	NAA 2005-S4 B3			Prime/ Alt-A		3,000,000.00
10		68383NEG4	OPMAC 2006-1 M6			Prime/ Alt-A		2,000,000.00
11		785778MV0	SACO 2005-9 B2			Prime/ Alt-A		3,000,000.00
12		785778QB0	SACO 2006-1 M1			Prime/ Alt-A		3,000,000.00
13		00764MGP6	AABST 2005-4 B2			Subprime		2,000,000.00
14		04544GAQ2	ABSHE 06-HE4 M8			Subprime		2,000,000.00
15		04541GUV2	ABSHE 2005-HE8 M8			Subprime		3,000,000.00
16		004421QA4	ACE 2005-HE4 B1			Subprime		2,000,000.00
17		040104NL1	ARSI 2005-W2 M8			Subprime		3,000,000.00
18		040104QY0	ARSI 2005-W5 M9			Subprime		3,000,000.00
19		362341E88	BSABS 2005-TC2 M6			Subprime		1,424,000.00
20		32027NVK4	FFML 2005-FFH3 M8			Subprime		2,000,000.00
21		32027NXN6	FFML 2005-FFH4 M10			Subprime		3,000,000.00
22		35729PFA3	FHLT 2004-C M8			Subprime		2,000,000.00
23		32113JCA1	FNLC 2005-3 M7			Subprime		2,000,000.00
24		437084NK8	HEAT 2005-6 M8			Subprime		1,000,000.00
25		437084SD9	HEAT 2006-1 M7			Subprime		1,500,000.00
26		437084SE7	HEAT 2006-1 M8			Subprime		1,500,000.00
27		437084TR7	HEAT 2006-2 M8			Subprime		3,500,000.00
28		43709XAR2	INABS 2006-E M10			Subprime		1,625,000.00
29		45071KCE2	IXIS 2005-HE3 B2			Subprime		2,000,000.00
30		45071KDN1	IXIS 2006-HE1 B2			Subprime		2,500,000.00
31		46626LBB5	JPMAC 2005-FLD1 M9			Subprime		3,000,000.00
32		542514RV8	LBMLT 2006-1 M8			Subprime		3,000,000.00
33		57643LQK5	MABS 2006-AM1 M10			Subprime		1,950,000.00
34		57643LNP7	MABS 2006-NC1 M8			Subprime		3,000,000.00
35		61744CYJ9	MSAC 2006-NC1 B2			Subprime		1,701,000.00
36		61744CXV3	MSAC 2006-WMC1 B2			Subprime		3,500,000.00
37		65535VLX4	NAA 2005-S2 B2			Subprime		2,411,000.00
38		64352VPH8	NCHET 2005-C M9			Subprime		3,000,000.00
39		66987WCV7	NHEL 2005-2 M9			Subprime		2,500,000.00
40		669884AN8	NHEL 2006-1 M8			Subprime		1,000,000.00
41		65536HCF3	NHELI 2006-FM1 M8			Subprime		989,000.00
42		68389FKY9	OOMLT 2006-1 M8			Subprime		2,500,000.00
43		69121PCR2	OWNIT 2006-1 M6			Subprime		1,000,000.00
44		73316PJK7	POPLR 2005-6 M4			Subprime		2,000,000.00
45		70069FMY0	PPSI 2005-WHQ4 M7			Subprime		3,500,000.00
46		75970NAW7	RAMC 2005-2 M8			Subprime		3,500,000.00
47		76112BUA6	RAMP 2005-RS6 M9			Subprime		3,000,000.00
48		76110W5Q5	RASC 2005-AHL2 M8			Subprime		1,000,000.00
49		76110W7L4	RASC 2005-KS11 M8			Subprime		2,560,000.00
50		76110WV86	RASC 2005-KS4 B1			Subprime		2,000,000.00
51		76113AAM3	RASC 2006-KS1 M6			Subprime		2,000,000.00
52		785778GG0	SACO 2005-5 1B3			Subprime		2,000,000.00
53		785778KU4	SACO 2005-7 B3			Subprime		1,000,000.00
54		81879MAL3	SGMS 2005-OPT1 M8			Subprime		3,000,000.00
55		84751PKL2	SURF 2006-BC1 B2A			Subprime		3,000,000.00
56		83611MLG1	SVHE 2006-1 M7			Subprime		2,000,000.00
57		881561F90	TMTS 2005-18AL M5			Subprime		1,775,000.00

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

* The Trustee shall not be responsible for the use of the CUSIP, CINS, ISIN or Common Code numbers selected, nor is any representation made as to their correctness indicated in the notice or as printed on any Note or Preferred Share. The numbers are included solely for the convenience of such holders.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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