Credit Rating Report

Mill City Mortgage Loan Trust 2018-4: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS) finalized its provisional ratings on the Mortgage Backed Securities, Series 2018-4 (the Notes) issued by Mill City Mortgage Loan Trust 2018-4 (the Trust) as follows:

-- $60.7 million Class A1A at AAA (sf)
-- $317.1 million Class A1B at AAA (sf)
-- $377.9 million Class A1 at AAA (sf)
-- $410.8 million Class A2 at AA (sf)
-- $450.3 million Class A3 at A (sf)
-- $485.8 million Class A4 at BBB (sf)
-- $33.0 million Class M1 at AA (sf)
-- $39.5 million Class M2 at A (sf)
-- $35.5 million Class M3 at BBB (sf)
-- $41.7 million Class B1 at BB (low) (sf)
-- $36.7 million Class B2 at B (low) (sf)

Classes A1, A2, A3 and A4 are exchangeable notes. These classes can be exchanged for combinations of exchange notes as specified in the offering documents.

Ratings

Mill City Mortgage Loan Trust 2018-4
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
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  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
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  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
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  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
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  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
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  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
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  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
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  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
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  • Issued:US
  • Date Issued:Nov 29, 2018
  • Rating Action:Provis.-Final
  • Ratings:B (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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