RATE Mortgage Trust 2021-HB1: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to RATE Mortgage Trust 2021-HB1, a securitization of a portfolio of first-lien, fixed-rate prime conventional residential mortgages funded by the issuance of the Mortgage Pass-Through Certificates (the Certificates). The Certificates are backed by 549 loans with a total principal balance of $382,880,138 as of the Cut-Off Date (November 1, 2021).