Towd Point Mortgage Trust 2019-1: Rating Report
RMBSSummary
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)