Presale

Verus Securitization Trust 2021-2: Presale Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following Mortgaged-Backed Notes, Series 2021-2 to be issued by Verus Securitization Trust 2021-2:

-- $243.8 million Class A-1 at AAA (sf)
-- $21.2 million Class A-2 at AA (sf)
-- $32.9 million Class A-3 at A (sf)
-- $16.2 million Class M-1 at BBB (low) (sf)
-- $14.9 million Class B-1 at BB (low) (sf)
-- $7.7 million Class B-2 at B (low) (sf)

Ratings

Verus Securitization Trust 2021-2
  • Date Issued:Apr 12, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 12, 2021
  • Rating Action:Provis.-New
  • Ratings:AA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 12, 2021
  • Rating Action:Provis.-New
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 12, 2021
  • Rating Action:Provis.-New
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 12, 2021
  • Rating Action:Provis.-New
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 12, 2021
  • Rating Action:Provis.-New
  • 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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