Triangle Re 2021-1 Ltd.: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized the following provisional ratings on the Series 2021-1 Mortgage Insurance-Linked Notes issued by Triangle Re 2021-1 Ltd.:

-- $120.2 million Class M-1A at BBB (low) (sf)
-- $141.4 million Class M-1B at BB (sf)
-- $91.9 million Class M-1C at B (high) (sf)
-- $99.0 million Class M-2 at B (low) (sf)