Press Release|RMBS
KBRA Withdraws Ratings on 34 Classes from 5 RMBS Transactions
23 May 2024 | New York
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:
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1-X1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1-X2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1-X3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1-X4, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1B-I1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1B-I2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1B-I3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1B-I4, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-B1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-B2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-B3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-B4, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-D1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-D2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-D3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-D4, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1E-D5, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C01 (CAS 2017-C01), Class 1M-2B, from 'AAA (sf)' to 'WR (sf)'
- Galton Funding Mortgage Trust 2019-2 (GFMT 2019-2), Class A61, from 'AAA (sf)' to 'WR (sf)'
- Galton Funding Mortgage Trust 2019-2 (GFMT 2019-2), Class A62, from 'AAA (sf)' to 'WR (sf)'
- Galton Funding Mortgage Trust 2019-2 (GFMT 2019-2), Class A63, from 'AAA (sf)' to 'WR (sf)'
- Galton Funding Mortgage Trust 2019-2 (GFMT 2019-2), Class AX61, from 'AAA (sf)' to 'WR (sf)'
- Galton Funding Mortgage Trust 2019-2 (GFMT 2019-2), Class AX62, from 'AAA (sf)' to 'WR (sf)'
- Galton Funding Mortgage Trust 2019-2 (GFMT 2019-2), Class AX63, from 'AAA (sf)' to 'WR (sf)'
- STACR 2019-FTR2, Class M-1, from 'AAA (sf)' to 'WR (sf)'
- STACR 2019-HQA2, Class M-2A, from 'AAA (sf)' to 'WR (sf)'
- STACR 2019-HQA2, Class M-2AI, from 'AAA (sf)' to 'WR (sf)'
- STACR 2019-HQA2, Class M-2AR, from 'AAA (sf)' to 'WR (sf)'
- STACR 2019-HQA2, Class M-2AS, from 'AAA (sf)' to 'WR (sf)'
- STACR 2019-HQA2, Class M-2AT, from 'AAA (sf)' to 'WR (sf)'
- STACR 2019-HQA2, Class M-2AU, from 'AAA (sf)' to 'WR (sf)'
- Towd Point Mortgage Trust 2022-EBO1 (TPMT 2022-EBO1), Class M2, from 'AA+ (sf)' to 'WR (sf)'
- Towd Point Mortgage Trust 2022-EBO1 (TPMT 2022-EBO1), Class M3, from 'A+ (sf)' to 'WR (sf)'
- Towd Point Mortgage Trust 2022-EBO1 (TPMT 2022-EBO1), Class M4, from 'BB+ (sf)' to 'WR (sf)'
To access ratings and relevant documents, click deal names below.