CIM Trust 2020-R5: Rating Report
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Summary
DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings to CIM Trust 2020-R5 (CIM 2020-R5 or the Trust), a securitization of a portfolio of primarily seasoned performing and reperforming first-lien residential mortgages funded by the issuance of mortgage-backed notes (the Notes). The Notes are backed by 2,222 loans with a total principal balance of $338,416,358 as of the Cut-Off Date (May 31, 2020).