Bellemeade Re 2021-3 Ltd.: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned the following provisional ratings to the Mortgage Insurance-Linked Notes, Series 2021-3 (the Notes) to be issued by Bellemeade Re 2021-3 Ltd. (BMIR 2021-3 or the Issuer):

-- $104.9 million Class M-1A at A (low) (sf)
-- $60.3 million Class M-1B at BBB (high) (sf)
-- $76.1 million Class M-1C at BBB (low) (sf)
-- $97.1 million Class M-2 at BB (low) (sf)
-- $15.7 million Class B-1 at B (high) (sf)