Credit Rating Report

Towd Point Mortgage Trust 2019-1: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS) finalized its provisional ratings on the following Asset-Backed Securities, Series 2019-1 (the Notes) issued by Towd Point Mortgage Trust 2019-1 (TPMT 2019-1 or the Trust):

-- $970.1 million Class A1 at AAA (sf)
-- $81.5 million Class A2 at AA (sf)
-- $1.1 billion Class A3 at AA (sf)

DBRS also assigned new ratings to the following classes of Notes issued by the Trust:

-- $56.9 million Class M1 at A (sf)
-- $45.3 million Class M2 at BBB (sf)
-- $34.9 million Class B1 at BB (sf)
-- $22.0 million Class B2 at B (sf)
-- $1.1 billion Class A4 at A (sf)

Ratings

Towd Point Mortgage Trust 2019-1
  • Date Issued:Jan 31, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2019
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2019
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2019
  • Rating Action:New Rating
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2019
  • Rating Action:New Rating
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2019
  • Rating Action:New Rating
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2019
  • Rating Action:New Rating
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2019
  • Rating Action:New Rating
  • Ratings:B (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