Credit Rating Report

MCAP RMBS Issuer Corporation, Series 2018-1: Rating Report

RMBS

Summary

DBRS Limited (DBRS) finalized the provisional ratings on the Mortgage Pass-Through Certificates, Series 2018-1 issued by MCAP RMBS Issuer Corporation (the Issuer) as follows:

-- AAA (sf) on the Class A Certificates
-- AA (high) (sf) on the Class B Certificates (collectively, the Rated Certificates)