SAFE Trust, SOUND Trust, STABLE Trust, and SURE Trust, Transaction 72 Summary
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Summary
DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 72 of SAFE Trust, SOUND Trust, STABLE Trust, and SURE Trust, which is secured by a portfolio of conventional residential mortgages originated by a large mortgage finance company operating in Canada. The update reflects an increase to the required cash reserve amount to address payment deferrals in light of the Coronavirus Disease (COVID-19) pandemic and provide additional support to the transaction.