Verus Securitization Trust 2019-4: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to Verus Securitization Trust 2019-4 (Verus 2019-4 or the trust), a securitization of a portfolio of fixed- and adjustable-rate, expanded prime and non-prime, first-lien residential mortgages funded by the issuance of the Mortgage-Backed Certificates, Series 2019-4 (the Certificates). The Certificates are backed by 1,452 mortgage loans with a total principal balance of $680,978,906 as of the Cut-Off Date (October 1, 2019).