J.P. Morgan Mortgage Trust 2020-7: Presale Report
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Summary
DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to J.P. Morgan Mortgage Trust 2020-7 (JPMMT 2020-7), a securitization of a portfolio of first-lien fixed-rate prime residential mortgages funded by the issuance of the Mortgage Pass-Through Certificates, Series 2020-7 (the Certificates). The Certificates are backed by 782 loans with a total principal balance of $639,640,632 as of the Cut-Off Date (September 1, 2020).