Towd Point Mortgage Trust 2017-5: Rating Report

DBRS, Inc. (DBRS) finalized the following provisional ratings on the Asset-Backed Securities, Series 2017-5 (the Notes) issued by Towd Point Mortgage Trust 2017-5 (the Trust):

-- $632.8 million Class A1 at AAA (sf)
-- $22.1 million Class A2 at AA (sf)
-- $16.9 million Class M1 at A (sf)
-- $22.1 million Class M2 at BBB (low) (sf)
-- $12.1 million Class B1 at BB (low) (sf)
-- $7.0 million Class B2 at B (sf)
-- $654.9 million Class A3 at AA (sf)
-- $671.8 million Class A4 at A (sf)

Classes A3 and A4 are exchangeable notes. These classes can be exchanged for combinations of exchange notes as specified in the offering documents.