Towd Point Mortgage Trust 2018-3: Rating Report

DBRS, Inc. (DBRS) finalized its provisional ratings on the Asset-Backed Securities Series 2018-3 (the Notes) issued by Towd Point Mortgage Trust 2018-3 (the Trust):

-- $766.6 million Class A1 at AAA (sf)
-- $67.8 million Class A2 at AA (sf)
-- $62.2 million Class M1 at A (sf)
-- $50.9 million Class M2 at BBB (sf)
-- $38.4 million Class B1 at BB (sf)
-- $30.5 million Class B2 at B (sf)
-- $834.4 million Class A3 at AA (sf)
-- $896.6 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.