Fusion Trust, Transaction 12 Summary and Clarity Trust, Transaction 2 Summary
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Summary
DBRS Limited (DBRS Morningstar) released an updated Transaction Summary report that provides details on Transaction 12 of Fusion Trust and Transaction 2 of Clarity Trust. The collateral portfolio consists of (1) conventional residential mortgages, second-lien residential mortgages, and insured construction mortgages and (2) National Housing Act Mortgage-Backed Securities, respectively originated and issued by a large mortgage finance company operating in Canada. The update reflects the addition of second-lien residential mortgages and insured construction mortgages to the pool.