FRTKL 2021-SFR1 Trust: Rating Report

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)