CIM Trust 2020-R5: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned the following provisional ratings to the Mortgage-Backed Notes, Series 2020-R5 (the Notes) to be issued by CIM Trust 2020-R5 (CIM 2020-R5 or the Trust):

-- $214.7 million Class A1 at AAA (sf)
-- $182.5 million Class A1-A at AAA (sf)
-- $32.2 million Class A1-B at AAA (sf)
-- $214.7 million Class A1-IO at AAA (sf)
-- $26.2 million Class M1 at AAA (sf)
-- $26.2 million Class M1-IO at AAA (sf)