Towd Point Asset Trust 2021-SL1: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of notes (the Rated Notes) to be issued by Towd Point Asset Trust 2021-SL1 (TPAT 2021-SL1):

-- $239,113,000 Class A1 Notes rated AAA (sf)*
-- $239,113,000 Class A2 Notes rated AAA (sf)*
-- $54,707,000 Class B Notes rated AA (low) (sf)
-- $25,202,000 Class C Notes rated A (low) (sf)
-- $19,670,000 Class D Notes rated BBB (low) (sf)
-- $14,753,000 Class E Notes rated BB (low) (sf)
-- $3,073,000 Class F Notes rated B (sf)
-- $532,933,000 Class AB Notes rated AA (low) (sf)**
-- $558,135,000 Class AC Notes rated A (low) (sf)**