BRAVO Residential Funding Trust 2021-NQM1: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to BRAVO Residential Funding Trust 2021-NQM1, a securitization of a portfolio of fixed- and adjustable-rate prime and non-prime first-lien residential mortgages funded by the issuance of the Mortgage-Backed Notes, Series 2021-NQM1 (the Notes). The Notes are backed by 1,050 loans with a total principal balance of $318,667,480, as of the Cut-Off Date (April 30, 2021).