Credit Rating Report

CFMT 2020-HB3: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) assigned ratings to the Asset-Backed Notes, Series 2020-2 (the Notes) issued by CFMT 2020-HB3:

-- $347.4 million Class A at AAA (sf)
-- $20.8 million Class M1 at AA (sf)
-- $20.0 million Class M2 at A (sf)
-- $17.1 million Class M3 at BBB (sf)
-- $14.2 million Class M4 at BB (sf)

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