Deephaven Residential Mortgage Trust 2020-1: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized the following provisional ratings on the Mortgage-Backed Notes, Series 2020-1 (the Notes) issued by Deephaven Residential Mortgage Trust 2020-1:

-- $260.1 million Class A-1 at AAA (sf)
-- $30.2 million Class A-2 at AA (sf)
-- $38.1 million Class A-3 at A (high) (sf)
-- $35.5 million Class M-1 at BBB (sf)
-- $21.2 million Class B-1 at BB (sf)
-- $15.5 million Class B-2 at B (low) (sf)