Credit Rating Report

Mello Warehouse Securitization Trust 2021-3: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized the following provisional ratings on Mello Warehouse Securitization Notes, Series 2021-3 (the Notes) issued by Mello Warehouse Securitization Trust 2021-3 (MWST 2021-3):

-- $335.0 million Class A at AAA (sf)
-- $5.5 million Class B at AA (low) (sf)
-- $52.5 million Class C at A (sf)
-- $46.8 million Class D at BBB (sf)

Ratings

Mello Warehouse Securitization Trust 2021-3
  • Date Issued:Oct 22, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 22, 2021
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 22, 2021
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Oct 22, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (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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