Finance of America HECM Buyout 2020-HB2: Rating Report
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Summary
DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following Asset-Backed Notes issued by Finance of America HECM Buyout 2020-HB2:
-- $495.9 million Class A at AAA (sf)
-- $31.9 million Class M1 at AA (sf)
-- $28.0 million Class M2 at A (sf)
-- $19.6 million Class M3 at BBB (sf)
-- $16.1 million Class M4 at BB (sf)
-- $2.7 million Class M5 at BB (low) (sf)