CMLS Financial Ltd. (Svr): Rating Report

On April 6, 2023, DBRS Limited (DBRS Morningstar) confirmed CMLS Financial Ltd.’s (CMLS or the Company) Primary Residential Mortgage Servicing at Good and Special Residential Mortgage Servicing at Adequate. The evaluations are based on a review of the Company in the following areas: company and management; asset administration, reporting, and customer service; default and loss management; technology; financial condition; controls and compliance; and outsourcing and subservicing arrangements. The evaluations may be taken as evidence of the satisfaction of DBRS Morningstar’s expectations for CMLS to act as a third-party subservicer for residential mortgage-backed securities and be relied on by third parties as such.