MFA 2022-NQM2 Trust: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on MFA 2022-NQM2 Trust, a securitization of a portfolio of fixed- and adjustable-rate nonprime first-lien residential mortgages funded by the issuance of the Mortgage Pass-Through Certificates, Series 2022-NQM2 (the Certificates). The Certificates are backed by 709 mortgage loans with a total principal balance of $540,656,479 as of the Cut-Off Date (April 30, 2022).