MF1 2020-FL4, Ltd.: Surveillance Performance Update

DBRS Limited (DBRS Morningstar) confirmed its ratings on the following classes of notes issued by MF1 2020-FL4, Ltd. (the Issuer):

-- Class A at AAA (sf)
-- Class A-S at AAA (sf)
-- Class B at AA (low) (sf)
-- Class C at A (low) (sf)
-- Class D at BBB (sf)
-- Class E at BBB (low) (sf)
-- Class F at BB (low) (sf)
-- Class G at B (low) (sf)

All trends are Stable.