Verus Securitization Trust 2021-6: Presale Report
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Summary
DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to Verus Securitization Trust 2021-6, a securitization of a portfolio of primarily fixed- and adjustable-rate, expanded prime and nonprime, first-lien residential mortgages funded by the issuance of the Mortgage-Backed Notes, Series 2021-6 (the Notes). The Notes are backed by 841 mortgage loans with a total principal balance of $477,345,716 as of the Cut-Off Date (October 1, 2021).