DBRS Correction: DBRS Updates 17g-7 Disclosure Reports on Several U.S. RMBS Transactions
RMBSDBRS, Inc. (DBRS) updated several 17g-7 Disclosure Reports that reflected the date of the RMBS Insight 1.3: U.S. Residential Mortgage-Backed Securities Model and Rating Methodology that preceded the current version for the following U.S. RMBS transactions:
-- Angel Oak Mortgage Trust I, LLC 2019-1
-- CIM Trust 2018-INV1
-- COLT 2018-4 Mortgage Loan Trust
-- Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-4
-- Freddie Mac STACR Trust 2019-DNA1
-- Galton Funding Mortgage Trust 2018-2
-- Mello Mortgage Capital Acceptance 2018-MTG2
-- Mill City Mortgage Loan Trust 2018-3
-- Mill City Mortgage Loan Trust 2018-4
-- New Residential Mortgage Loan Trust 2018-4
-- New Residential Mortgage Loan Trust 2018-5
-- New Residential Mortgage Loan Trust 2018-NQM1
-- New Residential Mortgage Loan Trust 2019-1
-- New Residential Mortgage Loan Trust 2019-NQM1
-- OBX 2018-EXP2 Trust
-- TIAA Bank Mortgage Loan Trust 2018-3
-- Towd Point Mortgage Trust 2018-5
-- Towd Point Mortgage Trust 2018-6
-- Towd Point Mortgage Trust 2018-SJ1
-- Towd Point Mortgage Trust 2019-1
-- Wells Fargo Mortgage Backed Securities 2018-1 Trust
-- Wells Fargo Mortgage Backed Securities 2019-1 Trust
The methodology dates in the respective 17g-7 Disclosure Reports for the transactions listed above have been corrected to September 2018 from April 2017.
There were no substantive changes between the two versions of the RMBS Insight methodologies dated April 2017 and September 2018, as detailed in the press release dated September 27, 2018, which is available under Related Documents below. DBRS deems the above-described changes as non-material and has further determined that no ratings are or will be changed as a result.
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