Credit Rating Report

Bellemeade Re 2020-2 Ltd.: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the Mortgage Insurance-Linked Notes, Series 2020-2 issued by Bellemeade Re 2020-2 Ltd.:

-- $92.0 million Class M-1A at BBB (high) (sf)
-- $95.6 million Class M-1B at BBB (low) (sf)
-- $128.1 million Class M-1C at BB (low) (sf)
-- $89.8 million Class M-2 at B (sf)
-- $18.0 million Class B-1 at B (low) (sf)

Ratings

Bellemeade Re 2020-2 Ltd.
  • Date Issued:Sep 3, 2020
  • Rating Action:Provis.-Final
  • Ratings:BBB (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Sep 3, 2020
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Sep 3, 2020
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Sep 3, 2020
  • Rating Action:Provis.-Final
  • Ratings:B (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Sep 3, 2020
  • Rating Action:Provis.-Final
  • Ratings:B (low) (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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