Credit Rating Report

Verus Securitization Trust 2020-5: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on Verus Securitization Trust 2020-5, a securitization of a portfolio of primarily fixed- and adjustable-rate, expanded prime and nonprime, first-lien residential mortgages funded by the issuance of the Mortgage Pass-Through Certificates, Series 2020-5 (the Certificates). The Certificates are backed by 1,081 mortgage loans with a total principal balance of $424,769,133 as of the Cut-Off Date1 (October 1, 2020).

Available Documents

Ratings

Verus Securitization Trust 2020-5
  • Date Issued:Oct 27, 2020
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 27, 2020
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 27, 2020
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 27, 2020
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 27, 2020
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 27, 2020
  • Rating Action:Provis.-Final
  • Ratings:B (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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