Credit Rating Report

GCAT 2020-NQM2 Trust: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following Mortgage Pass-Through Certificates, Series 2020-NQM2 (the Certificates) issued by GCAT 2020-NQM2 Trust (GCAT 2020-NQM2 or the Trust):

-- $149.3 million Class A-1 at AAA (sf)
-- $16.0 million Class A-2 at AA (sf)
-- $25.1 million Class A-3 at A (sf)
-- $12.3 million Class M-1 at BBB (sf)

Ratings

GCAT 2020-NQM2 Trust
  • Date Issued:Aug 5, 2020
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 5, 2020
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 5, 2020
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 5, 2020
  • Rating Action:Provis.-Final
  • Ratings:BBB (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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