Press Release

DBRS Morningstar Takes Credit Rating Actions on 17 U.S. RMBS Transactions

RMBS
November 17, 2023

DBRS, Inc. (DBRS Morningstar) reviewed 266 classes from 17 U.S. residential mortgage-backed securities (RMBS) transactions. Of the 266 classes reviewed, DBRS Morningstar upgraded 31 credit ratings and confirmed 235 credit ratings.

The credit rating upgrades reflect positive performance trends and increases in credit support sufficient to withstand stresses at their new credit rating levels. The credit rating confirmations reflect asset performance and credit-support levels that are consistent with the current credit ratings.

The pools backing the reviewed RMBS transactions consist of prime- and reverse-mortgage collateral.

The transaction assumptions consider DBRS Morningstar’s baseline macroeconomic scenarios for rated sovereign economies, available in its commentary “Baseline Macroeconomic Scenarios for Rated Sovereigns: June 2023 Update,” published on June 30, 2023 (https://www.dbrsmorningstar.com/research/416703). These baseline macroeconomic scenarios replace DBRS Morningstar’s moderate and adverse Coronavirus Disease (COVID-19) pandemic scenarios, which were first published in April 2020.

The credit rating actions are the result of DBRS Morningstar’s application of its “U.S. RMBS Surveillance Methodology,” published on March 3, 2023.

ENVIRONMENTAL, SOCIAL, GOVERNANCE CONSIDERATIONS
There were no Environmental/Social/Governance factor(s) that had a significant or relevant effect on the credit analysis.

A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework can be found in the DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings (July 4, 2023; https://www.dbrsmorningstar.com/research/416784/dbrs-morningstar-criteria:-approach-to-environmental,-social,-and-governance-risk-factors-in-credit-ratings).

Notes:
All figures are in U.S. dollars unless otherwise noted.

The principal methodologies applicable to the credit ratings are:
U.S. RMBS Surveillance Methodology (March 3, 2023) https://www.dbrsmorningstar.com/research/410498/u.s.-rmbs-surveillance-methodology

Rating and Monitoring U.S. Reverse Mortgage Securitizations (July 17, 2023) https://www.dbrsmorningstar.com/research/417277/rating-and-monitoring-u.s.-reverse-mortgage-securitizations

Other methodologies referenced in this transaction are listed at the end of this press release.

The credit ratings assigned to the classes listed below materially deviate from the credit ratings implied by the predictive model. DBRS Morningstar typically expects there to be a substantial likelihood that a reasonable investor or other user of the credit ratings would consider a three-notch or more deviation from the credit rating stress(es) implied by the predictive model to be a significant factor in evaluating the credit ratings.

The below material deviations are due to a small loan count:
-- Wells Fargo Mortgage Backed Securities 2018-1 Trust, Mortgage Pass-Through Certificates, Series 2018-1, Class B-3
-- Wells Fargo Mortgage Backed Securities 2018-1 Trust, Mortgage Pass-Through Certificates, Series 2018-1, Class B-4

The credit rating was initiated at the request of the rated entity.

The rated entity or its related entities did participate in the credit rating process for this credit rating action.

DBRS Morningstar had access to the accounts, management, and other relevant internal documents of the rated entity or its related entities in connection with this credit rating action.

This is a solicited credit rating.

DBRS, Inc.
140 Broadway, 43rd Floor
New York, NY 10005 USA
Tel. +1 212 806-3277

The credit rating methodologies used in the analysis of this transaction can be found at: https://www.dbrsmorningstar.com/about/methodologies.

RMBS Insight 1.3: U.S. Residential Mortgage-Backed Securities Model and Rating Methodology (August 31, 2023; https://www.dbrsmorningstar.com/research/420108/)

Interest Rate Stresses for U.S. Structured Finance Transactions (June 9, 2023; https://www.dbrsmorningstar.com/research/415687)

Legal Criteria for U.S. Structured Finance (December 7, 2022; https://www.dbrsmorningstar.com/research/407008)

For more information on this credit or on this industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.

Ratings

  • Brean Asset-Backed Securities Trust 2021-RM2

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage-Backed Notes, Series 2021-RM2 Class AAAA (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2021-RM2 Class M1AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Notes, Series 2021-RM2 Class M2AA (low) (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Notes, Series 2021-RM2 Class M3BBB (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Notes, Series 2021-RM2 Class M4BB (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Notes, Series 2021-RM2 Class M5B (high) (sf)--Upgraded
    US
    More
    Less
  • Brean Asset-Backed Securities Trust 2022-RM3

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage-Backed Note, Series 2022-RM3 Class AAAA (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Note, Series 2022-RM3 Class M1AA (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Note, Series 2022-RM3 Class M2A (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Note, Series 2022-RM3 Class M3BBB (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Note, Series 2022-RM3 Class M4BB (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage-Backed Note, Series 2022-RM3 Class M5B (high) (sf)--Upgraded
    US
    More
    Less
  • Brean Asset-Backed Securities Trust 2022-RM4

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class A1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class A2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class AMAAA (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class M1AA (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class M2A (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class M3BBB (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class M4BB (sf)--Confirmed
    US
    17-Nov-23Mortgage-Backed Notes, Series 2022-RM4, Class M5B (sf)--Confirmed
    US
    More
    Less
  • Brean Asset-Backed Securities Trust 2022-RM5

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage-backed Notes, Series 2022-RM5, Class AAAA (sf)--Confirmed
    US
    17-Nov-23Mortgage-backed Notes, Series 2022-RM5, Class M1AA (sf)--Confirmed
    US
    17-Nov-23Mortgage-backed Notes, Series 2022-RM5, Class M2A (sf)--Confirmed
    US
    17-Nov-23Mortgage-backed Notes, Series 2022-RM5, Class M3BBB (sf)--Confirmed
    US
    17-Nov-23Mortgage-backed Notes, Series 2022-RM5, Class M4BB (sf)--Confirmed
    US
    17-Nov-23Mortgage-backed Notes, Series 2022-RM5, Class M5B (sf)--Confirmed
    US
    More
    Less
  • CFMT 2022-HB10, LLC

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Asset-Backed Notes, Series 2022-3, Class AAAA (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-3, Class M1AA (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-3, Class M2A (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-3, Class M3BBB (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-3, Class M4BB (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-3, Class M5B (sf)--Confirmed
    US
    More
    Less
  • CSMC Trust 2013-6

  • CSMC Trust 2013-7

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-10AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-11AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-12AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-5AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-6AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-8AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-3AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class A-X-5AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class B-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class B-2AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class B-3AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-7, Class B-4A (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-7, Class A-IO-SA (sf)--Confirmed
    US
    More
    Less
  • CSMC Trust 2013-IVR1 Mortgage Pass-Through Certificates, Series 2013-IVR1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Class A-1AAA (sf)--Confirmed
    US
    17-Nov-23Class A-2AAA (sf)--Confirmed
    US
    17-Nov-23Class A-4AAA (sf)--Confirmed
    US
    17-Nov-23Class A-6AAA (sf)--Confirmed
    US
    17-Nov-23Class A-8AAA (sf)--Confirmed
    US
    17-Nov-23Class A-8-X-1AAA (sf)--Confirmed
    US
    17-Nov-23Class A-8-X-2AAA (sf)--Confirmed
    US
    17-Nov-23Class A-9AAA (sf)--Confirmed
    US
    17-Nov-23Class A-X-1AAA (sf)--Confirmed
    US
    17-Nov-23Class B-1AAA (sf)--Confirmed
    US
    17-Nov-23Class B-2AAA (sf)--Upgraded
    US
    17-Nov-23Class B-3AAA (sf)--Upgraded
    US
    17-Nov-23Class B-4AA (sf)--Upgraded
    US
    More
    Less
  • CSMC Trust 2013-IVR2

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-3AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-9AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-X-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-X-13AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-X-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-X-3AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-X-8AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-X-9AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class B-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class B-2AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class B-3AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class ZAAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class B-4AA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-IVR2, Class A-IO-SA (sf)--Confirmed
    US
    More
    Less
  • CSMC Trust 2013-IVR5

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-11AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-13AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-3AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-5AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-6AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-7AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-8AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-9AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-3AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-5AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-6AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-7AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-8AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-X-9AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class B-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class B-2AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class B-3AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class B-4AA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2013-IVR5, Class A-IO-SA (sf)--Confirmed
    US
    More
    Less
  • CSMC Trust 2013-TH1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-TH1, Class A-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-through Certificates, Series 2013-TH1, Class A-IO-1AAA (sf)--Confirmed
    US
    More
    Less
  • CSMLT 2015-3 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 1-A-4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 1-A-5AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 1-A-6AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 1-A-7AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 1-A-8AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 1-A-X-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 2-A-3AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 2-A-4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 2-A-5AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 2-A-6AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 2-A-7AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 2-A-8AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 2-A-X-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 3-A-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 3-A-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class 3-A-3AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class A-IO-SA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class IO-S-1A (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class IO-S-2A (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2015-3, Class IO-S-3A (sf)--Confirmed
    US
    More
    Less
  • EverBank Mortgage Loan Trust 2013-1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Class A-1AAA (sf)--Confirmed
    US
    17-Nov-23Class A-2AAA (sf)--Confirmed
    US
    17-Nov-23Class A-IOAAA (sf)--Confirmed
    US
    17-Nov-23Class A-IO1AAA (sf)--Confirmed
    US
    More
    Less
  • EverBank Mortgage Loan Trust 2013-2

  • Finance of America HECM Buyout 2022-HB1

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Asset-Backed Notes, Series 2022-HB1, Class AAAA (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB1, Class M1AAA (sf)--Upgraded
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB1, Class M2A (high) (sf)--Upgraded
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB1, Class M3BBB (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB1, Class M4BB (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB1, Class M5B (sf)--Confirmed
    US
    More
    Less
  • Finance of America HECM Buyout 2022-HB2

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Asset-Backed Notes, Series 2022-HB2, Class A1AAAA (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB2, Class A1BAAA (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB2, Class M1AA (sf)--Upgraded
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB2, Class M2A (sf)--Upgraded
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB2, Class M3BBB (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB2, Class M4BB (low) (sf)--Confirmed
    US
    17-Nov-23Asset-Backed Notes, Series 2022-HB2, Class M5B (sf)--Confirmed
    US
    More
    Less
  • Wells Fargo Mortgage Backed Securities 2018-1 Trust

    Date IssuedDebt RatedRatingTrendActionAttributesi
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-10AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-15AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-16AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-17AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-18AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-19AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-20AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-5AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-6AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-9AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-IO1AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-IO10AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-IO11AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-IO2AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-IO4AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-IO6AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class A-IO9AAA (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class B-1AAA (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class B-2AA (high) (sf)--Upgraded
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class B-3BBB (sf)--Confirmed
    US
    17-Nov-23Mortgage Pass-Through Certificates, Series 2018-1, Class B-4BB (sf)--Confirmed
    US
    More
    Less
Brean Asset-Backed Securities Trust 2021-RM2
Brean Asset-Backed Securities Trust 2022-RM3
Brean Asset-Backed Securities Trust 2022-RM4
Brean Asset-Backed Securities Trust 2022-RM5
CFMT 2022-HB10, LLC
CSMC Trust 2013-6
CSMC Trust 2013-7
CSMC Trust 2013-IVR1 Mortgage Pass-Through Certificates, Series 2013-IVR1
CSMC Trust 2013-IVR2
CSMC Trust 2013-IVR5
CSMC Trust 2013-TH1
CSMLT 2015-3 Trust
EverBank Mortgage Loan Trust 2013-1
EverBank Mortgage Loan Trust 2013-2
Finance of America HECM Buyout 2022-HB1
Finance of America HECM Buyout 2022-HB2
Wells Fargo Mortgage Backed Securities 2018-1 Trust
  • 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

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.