Credit Rating Report

Flagstar Mortgage Trust 2019-2: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized the following provisional ratings on the Mortgage Pass-Through Certificates, Series 2019-2 (the Certificates) issued by Flagstar Mortgage Trust 2019-2:

-- $338.8 million Class A-1 at AAA (sf)
-- $305.9 million Class A-2 at AAA (sf)
-- $229.4 million Class A-3 at AAA (sf)
-- $30.6 million Class A-4 at AAA (sf)
-- $30.6 million Class A-5 at AAA (sf)
-- $15.3 million Class A-6 at AAA (sf)
-- $260.0 million Class A-7 at AAA (sf)
-- $45.9 million Class A-8 at AAA (sf)
-- $76.5 million Class A-9 at AAA (sf)
-- $290.6 million Class A-10 at AAA (sf)
-- $32.9 million Class A-11 at AAA (sf)
-- $338.8 million Class A-X-1 at AAA (sf)
-- $5.8 million Class B-1 at AA (sf)
-- $5.6 million Class B-2 at A (sf)
-- $4.3 million Class B-3 at BBB (sf)
-- $2.3 million Class B-4 at BB (sf)
-- $1.1 million Class B-5 at B (sf)

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-1AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-10AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-11AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-2AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-3AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-4AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-5AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-6AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-7AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-8AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-9AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class A-X-1AAA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class B-1AA (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class B-2A (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class B-3BBB (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class B-4BB (sf)--Provis.-Final
    US
    26-Nov-19Mortgage Pass-Through Certificates, Series 2019-2, Class B-5B (sf)--Provis.-Final
    US
    More
    Less
Flagstar Mortgage Trust 2019-2
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Nov 26, 2019
  • Rating Action:Provis.-Final
  • Ratings:B (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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