Credit Rating Report

MFA 2021-RPL1 Trust: Rating Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized the following provisional ratings on the Mortgage-Backed Notes, Series 2021-RPL1 (the Notes) issued by MFA 2021-RPL1 Trust (the Trust):

-- $376.0 million Class A-1 at AAA (sf)
-- $24.6 million Class A-2 at AA (sf)
-- $16.8 million Class M-1 at A (sf)
-- $17.3 million Class M-2 at BBB (sf)
-- $16.1 million Class B-1 at BB (sf)
-- $17.3 million Class B-2 at B (sf)

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