Credit Rating Report

FRTKL 2021-SFR1 Trust: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following Single-Family Rental Pass-Through Certificates (the Certificates) issued by FRTKL 2021-SFR1 as follows:

-- $143.3 million Class A at AAA (sf)
-- $27.5 million Class B at AAA (sf)
-- $21.8 million Class C at AA (high) (sf)
-- $24.7 million Class D at A (high) (sf)
-- $29.4 million Class E1 at BBB (high) (sf)
-- $32.3 million Class E2 at BBB (low) (sf)
-- $24.7 million Class F at BB (sf)
-- $28.5 million Class G at B (high) (sf)

Ratings

FRTKL 2021-SFR1 Trust
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:AA (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:A (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Aug 27, 2021
  • Rating Action:Provis.-Final
  • Ratings:B (high) (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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