Press Release|RMBS
KBRA Withdraws Ratings on 42 Classes from 6 RMBS Transactions
7 Nov 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-C07 (CAS 2017-C07), Class 1B-I1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1B-I2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1B-I3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1B-I4, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-B1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-B2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-B3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-B4, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-D1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-D2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-D3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-D4, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1E-D5, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1M-2B, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1-X1, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1-X2, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1-X3, from 'AAA (sf)' to 'WR (sf)'
- Connecticut Avenue Securities, Series 2017-C07 (CAS 2017-C07), Class 1-X4, from 'AAA (sf)' to 'WR (sf)'
- CFMT 2021-EBO1, LLC ASSET-BACKED NOTES, SERIES 2021-1 (CFMT 2021-EBO1), Class M1, from 'AA+ (sf)' to 'WR (sf)'
- CFMT 2021-EBO1, LLC ASSET-BACKED NOTES, SERIES 2021-1 (CFMT 2021-EBO1), Class M2, from 'A+ (sf)' to 'WR (sf)'
- CFMT 2021-EBO1, LLC ASSET-BACKED NOTES, SERIES 2021-1 (CFMT 2021-EBO1), Class M3, from 'BBB+ (sf)' to 'WR (sf)'
- CFMT 2021-EBO1, LLC ASSET-BACKED NOTES, SERIES 2021-1 (CFMT 2021-EBO1), Class M4, from 'BB+ (sf)' to 'WR (sf)'
- CFMT 2022-EBO2, LLC ASSET-BACKED NOTES, SERIES 2022-1 (CFMT 2022-EBO2), Class M1, from 'AAA (sf)' to 'WR (sf)'
- CFMT 2022-EBO2, LLC ASSET-BACKED NOTES, SERIES 2022-1 (CFMT 2022-EBO2), Class M2, from 'AA+ (sf)' to 'WR (sf)'
- CFMT 2022-EBO2, LLC ASSET-BACKED NOTES, SERIES 2022-1 (CFMT 2022-EBO2), Class M3, from 'A+ (sf)' to 'WR (sf)'
- CFMT 2022-EBO2, LLC ASSET-BACKED NOTES, SERIES 2022-1 (CFMT 2022-EBO2), Class M4, from 'BB+ (sf)' to 'WR (sf)'
- CFMT 2022-EBO2, LLC ASSET-BACKED NOTES, SERIES 2022-1 (CFMT 2022-EBO2), Class M5, from 'B+ (sf)' to 'WR (sf)'
- Verus Securitization Trust 2020-INV1 (VERUS 2020-INV1), Class A-2, from 'AAA (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2018-RM2 (CFMT 2018-RM2), Class A, from 'AAA (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2018-RM2 (CFMT 2018-RM2), Class B, from 'AA+ (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2018-RM2 (CFMT 2018-RM2), Class C, from 'A (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2018-RM2 (CFMT 2018-RM2), Class D, from 'BBB- (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2018-RM2 (CFMT 2018-RM2), Class E, from 'BB (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2018-RM2 (CFMT 2018-RM2), Class F, from 'B- (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2018-RM2 (CFMT 2018-RM2), Class VFN, from 'AAA (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2019-RM3 (CFMT 2019-RM3), Class A, from 'AAA (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2019-RM3 (CFMT 2019-RM3), Class B, from 'AAA (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2019-RM3 (CFMT 2019-RM3), Class C, from 'AA+ (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2019-RM3 (CFMT 2019-RM3), Class D, from 'A (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2019-RM3 (CFMT 2019-RM3), Class E, from 'BBB (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2019-RM3 (CFMT 2019-RM3), Class F, from 'BB (sf)' to 'WR (sf)'
- Cascade Funding Mortgage Trust 2019-RM3 (CFMT 2019-RM3), Class VFN, from 'AAA (sf)' to 'WR (sf)'