KBRA Withdraws Ratings for NRZ MSR-COLLATERALIZED NOTES, Series 2020-FNT1, Series 2020-FNT2, Series 2021-FNT1 and Series 2021-FNT2 Term Notes
10 Jun 2025 | New York
KBRA withdraws all rated classes from NRZ MSR-COLLATERALIZED NOTES, Series 2020-FNT1, Series 2020-FNT2, Series 2021-FNT1 and Series 2021-FNT2 Term Notes following the reduction of their respective principal balances to zero. The related remittance report did not reflect any accumulated interest shortfalls or principal writedowns. KBRA’s ratings are updated as follows:.
- NRZ MSR-Collateralized Notes, Series 2020-FNT1 (NZES 2020-FNT1), A Term Notes, from 'BBB- (sf)' to 'WR (sf)'
- NRZ MSR-Collateralized Notes, Series 2020-FNT2 (NZES 2020-FNT2), A Term Notes, from 'BBB- (sf)' to 'WR (sf)'
- NRZ MSR-Collateralized Notes, Series 2021-FNT1 (NZES 2021-FNT1), A Term Notes, from 'BBB- (sf)' to 'WR (sf)'
- NRZ MSR-Collateralized Notes, Series 2021-FNT2 (NZES 2021-FNT2), A Term Notes, from 'BBB- (sf)' to 'WR (sf)'
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