Credit Rating Report

Fortified Trust, Series 2019-2: Rating Report

RMBS

Summary

DBRS Limited (DBRS Morningstar) finalized its provisional ratings of AAA (sf ) on the Real Estate Secured Line of Credit-Backed Class A Notes, Series 2019-2 (the Class A Notes); AA (high) (sf ) on the Real Estate Secured Line of Credit-Backed Class B Notes, Series 2019-2 (the Class B Notes); and A (high) (sf ) on the Real Estate Secured Line of Credit-Backed Class C Notes, Series 2019-2 (the Class C Notes; collectively with the Class A Notes and the Class B Notes, the Notes) issued by the Trust.

Ratings

Fortified Trust
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating