Towd Point Mortgage Trust 2019-3: Rating Report
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Summary
DBRS, Inc. (DBRS) finalized its provisional ratings on the following Asset-Backed Securities, Series 2019-3 (the Notes) issued by Towd Point Mortgage Trust 2019-3 (TPMT 2019-3 or the Trust):
-- $1.9 billion Class A1A at AAA (sf)
-- $417.5 million Class A1B at AAA (sf)
-- $193.8 million Class A2 at AA (sf)
-- $164.7 million Class M1 at A (sf)
-- $122.7 million Class M2 at BBB (sf)
-- $109.8 million Class B1 at BB (sf)
-- $71.1 million Class B2 at B (sf)
-- $2.3 billion Class A1 at AAA (sf)
-- $2.5 billion Class A3 at AA (sf)
-- $2.7 billion Class A4 at A (sf)