Fortified Trust, Series 2019-1: Rating Report

DBRS Limited (DBRS) finalized the provisional ratings on the Real Estate Secured Line of Credit-Backed Notes, Series 2019-1 (the Notes) issued by Fortified Trust (the Trust) as follows:

-- AAA (sf) on the Real Estate Secured Line of Credit-Backed Class A Notes, Series 2019-1 (the Class A Notes),
-- AA (high) (sf) on the Real Estate Secured Line of Credit-Backed Class B Notes, Series 2019-1 (the Class B Notes) and
-- A (high) (sf) on the Real Estate Secured Line of Credit-Backed Class C Notes, Series 2019-1.