Press Release|RMBS
KBRA Withdraws Ratings on 10 Classes from 2 RMBS Transactions
13 Jun 2024 | London
KBRA withdraws its ratings from the classes shown below following the reduction of its respective principal or notional balances to zero. The related remittance report did not reflect any accumulated interest shortfalls or principal writedowns. KBRA’s ratings are updated as follows:
- Towd Point Mortgage Funding 2018-Auburn 12 Plc, Class A, from 'AAA (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2018-Auburn 12 Plc, Class B, from 'AAA (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2018-Auburn 12 Plc, Class C, from 'AA+ (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2018-Auburn 12 Plc, Class D, from 'A+ (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2018-Auburn 12 Plc, Class E, from 'BBB- (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2020 - Auburn 14 Plc, Class A, from 'AAA (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2020 - Auburn 14 Plc, Class B, from 'AA+ (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2020 - Auburn 14 Plc, Class C, from 'A+ (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2020 - Auburn 14 Plc, Class D, from 'BB (sf)' to 'WR (sf)'
- Towd Point Mortgage Funding 2020 - Auburn 14 Plc, Class E, from 'B (sf)' to 'WR (sf)'
To access ratings and relevant documents, click deal names below.