FirstKey Homes 2021-SFR1 Trust: Rating Report

Ratings

• Date Issued	Debt Rated	Rating	Trend	Action	Attributesi 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
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class A	AAA (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class B	AA (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class C	A (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class D	BBB (high) (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class E1	BBB (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class E	BBB (low) (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class E2	BBB (low) (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class F1	BB (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class F2	BB (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class F	BB (low) (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class F3	BB (low) (sf)	--	Provis.-Final	US
  15-Jul-21	Single-Family Rental Pass-Through Certificate, Class G	B (high) (sf)	--	Provis.-Final	US

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