Mill City Mortgage Loan Trust 2019-GS1: Rating Report
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Summary
DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on Mill City Mortgage Loan Trust 2019-GS1 (MCMLT 2019-GS1 or the Trust), a securitization of a portfolio of primarily first-lien, seasoned, performing and re-performing residential mortgages funded by the issuance of asset-backed notes (the Notes). The Notes are backed by 2,356 loans with a total principal balance of approximately $386,295,284 as of the Cut-Off Date (August 31, 2019).