Credit Rating Report
VMC Finance 2021-FL4 LLC: Surveillance Performance Update
CMBSSummary
DBRS, Inc. (Morningstar DBRS) downgraded its credit ratings on two classes of notes issued by VMC Finance 2021-FL4 LLC and confirmed its credit ratings on the remaining classes of notes. Morningstar DBRS also changed the trend on Class E to Negative from Stable while the trends on the remaining classes remain Stable.
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