Bellemeade Re 2021-3 Ltd.: Presale 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
  17-Sep-21	Mortgage Insurance-Linked Notes, Series 2021-3, Class M-1A	A (low) (sf)	--	Provis.-New	US
  17-Sep-21	Mortgage Insurance-Linked Notes, Series 2021-3, Class M-1B	BBB (high) (sf)	--	Provis.-New	US
  17-Sep-21	Mortgage Insurance-Linked Notes, Series 2021-3, Class M-1C	BBB (low) (sf)	--	Provis.-New	US
  17-Sep-21	Mortgage Insurance-Linked Notes, Series 2021-3, Class M-2	BB (low) (sf)	--	Provis.-New	US
  17-Sep-21	Mortgage Insurance-Linked Notes, Series 2021-3, Class B-1	B (high) (sf)	--	Provis.-New	US

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