GS Mortgage-Backed Securities Trust 2020-PJ5: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on GS Mortgage-Backed Securities Trust 2020-PJ5, a securitization of a portfolio of first-lien fixed-rate prime residential mortgages funded by the issuance of the Mortgage Pass-Through Certificates, Series 2020-PJ5 (the Certificates). The Certificates are backed by 480 loans with a total principal balance of $413,476,699 as of the Cut-Off Date (October 1, 2020).