Credit Rating Report

Mill City Mortgage Loan Trust 2019-GS2: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized the following provisional ratings on the Mortgage-Backed Securities, Series 2019-GS2 (the Notes) issued by Mill City Mortgage Loan Trust 2019-GS2 (the Issuer):

-- $66.0 million Class A1A at AAA (sf)
-- $197.9 million Class A1B at AAA (sf)
-- $263.8 million Class A1 at AAA (sf)
-- $301.1 million Class A2 at AA (low) (sf)
-- $323.7 million Class A3 at A (low) (sf)
-- $341.2 million Class A4 at BBB (low) (sf)
-- $37.3 million Class M1 at AA (low) (sf)
-- $22.6 million Class M2 at A (low) (sf)
-- $8.7 million Class M3A at BBB (low) (sf)
-- $8.7 million Class M3B at BBB (low) (sf)
-- $17.4 million Class M3 at BBB (low) (sf)
-- $11.8 million Class B1A at BB (low) (sf)
-- $11.8 million Class B1B at BB (low) (sf)
-- $23.7 million Class B1 at BB (low) (sf)
-- $11.3 million Class B2A at B (low) (sf)
-- $11.3 million Class B2B at B (low) (sf)
-- $22.6 million Class B2 at B (low) (sf)

Available Documents

Mill City Mortgage Loan Trust 2019-GS2: Rating Report

Oct 28, 2019

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class A1AAA (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class A1AAAA (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class A1BAAA (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class A2AA (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class M1AA (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class A3A (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class M2A (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class A4BBB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class M3BBB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class M3ABBB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class M3BBBB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class B1BB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class B1ABB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class B1BBB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class B2B (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class B2AB (low) (sf)--Provis.-Final
    US
    28-Oct-19Mortgage-Backed Securities, Series 2019-GS2, Class B2BB (low) (sf)--Provis.-Final
    US
    More
    Less
Mill City Mortgage Loan Trust 2019-GS2
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:B (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:B (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 28, 2019
  • Rating Action:Provis.-Final
  • Ratings:B (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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

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