Methodology
Legal Criteria for U.S. Structured Finance
ABCP, Auto, RMBSRelated Documents
Press Release:
- Morningstar DBRS Confirms Credit Ratings on JGW V, LLC
- Morningstar DBRS Confirms Credit Ratings on BX Trust 2021-LBA
- Morningstar DBRS Discontinues Credit Ratings on LFS 2022A, LLC
- Morningstar DBRS Confirms Ratings on Nine GoodGreen Transactions
- Morningstar DBRS Confirms All Credit Ratings on MF1 2024-FL14 LLC
- Morningstar DBRS Confirms Credit Rating on NYLIMAC 2010-SS-1, LLC
- Morningstar DBRS Confirms Credit Ratings on Six Renew Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to RATE 2025-J1
- Morningstar DBRS Confirms All Credit Ratings on CFK Trust 2019-FAX
- Morningstar DBRS Takes Credit Rating Actions on ACHM Trust 2023-HE1
- Morningstar DBRS Assigns Provisional Credit Ratings to EFMT 2024-RM3
- Morningstar DBRS Confirms All Credit Ratings on RLGH Trust 2021-TROT
- Morningstar DBRS Confirms Ratings on Three SESAC Finance, LLC Series
- Morningstar DBRS Downgrades Two Classes of TRTX 2019-FL3 Issuer, Ltd.
- Morningstar DBRS Finalizes Provisional Credit Ratings on RATE 2025-J1
- Morningstar DBRS Confirms Credit Ratings on Two U.S. RMBS Transactions
- Morningstar DBRS Discontinues Credit Rating on ACHV ABS Trust 2023-1PL
- Morningstar DBRS Discontinues Credit Rating on FREED ABS Trust 2022-4FP
- Morningstar DBRS Finalizes Provisional Credit Ratings on BAMLL 2024-LB1
- Morningstar DBRS Assigns Provisional Credit Ratings to CIM Trust 2025-I1
- Morningstar DBRS Assigns Provisional Credit Ratings to BX Trust 2025-VLT6
- Morningstar DBRS Confirms Credit Rating on NCL Business Loan Trust 2022-1
- Morningstar DBRS Discontinues Credit Ratings on 10 U.S. RMBS Transactions
- Morningstar DBRS Discontinues Credit Ratings on 10 U.S. RMBS Transactions
- Morningstar DBRS Discontinues Credit Ratings on 11 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 10 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 11 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 11 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 14 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 17 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 20 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 21 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 24 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 29 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 31 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 39 U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on 42 U.S. RMBS Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to PRPM 2025-RCF1, LLC
- Morningstar DBRS Confirms All Credit Ratings on MSC 2011-C3 Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on 10 J.G. Wentworth Transactions
- Morningstar DBRS Confirms Credit Ratings on 12 J.G. Wentworth Transactions
- Morningstar DBRS Finalizes Its Provisional Credit Ratings on EFMT 2024-RM3
- Morningstar DBRS Takes Credit Rating Actions on Libra Solutions 2023-1 LLC
- Morningstar DBRS Assigns Provisional Credit Ratings to FIGRE Trust 2024-HE6
- Morningstar DBRS Assigns Provisional Credit Ratings to FIGRE Trust 2025-HE1
- Morningstar DBRS Assigns Provisional Credit Ratings to PRET 2025-RPL1 Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to PRPM 2024-NQM4 Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to PRPM 2025-NQM1 Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to STAR 2025-SFR5 Trust
- Morningstar DBRS Assigns Provisional Ratings to NYC Mortgage Trust 2025-3BP
- Morningstar DBRS Confirms All Credit Ratings of BX 2022-MVRK Mortgage Trust
- Morningstar DBRS Confirms All Credit Ratings on BSPRT 2021-FL6 Issuer, Ltd.
- Morningstar DBRS Confirms All Credit Ratings on SCG 2024-MSP Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on All Classes of BSCMS 2007-PWR18
- Morningstar DBRS Confirms GMF Prime Automobile Trust 2021-PP4 Credit Rating
- Morningstar DBRS Finalizes Provisional Credit Ratings on BX Trust 2025-VLT6
- Morningstar DBRS Takes Credit Rating Actions on Nine U.S. RMBS Transactions
- Morningstar DBRS Confirms Credit Ratings on All Classes of BXP Trust 2017-CC
- Morningstar DBRS Confirms Credit Ratings on BasePoint MCA Securitization LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on BAHA Trust 2024-MAR
- Morningstar DBRS Takes Credit Rating Action on AT&T Receivables Funding, LLC
- Morningstar DBRS Takes Credit Rating Actions on Eight U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on Eight U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on Seven U.S. RMBS Transactions
- Morningstar DBRS Takes Credit Rating Actions on Three U.S. RMBS Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to FMBT Trust 2024-FBLU
- Morningstar DBRS Confirms All Credit Ratings of COMM 2014-UBS6 Mortgage Trust
- Morningstar DBRS Confirms All Credit Ratings on NRTH 2024-PARK Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on All Classes of A10 SACM 2021-LRMR
- Morningstar DBRS Finalizes Provisional Credit Ratings on FIGRE Trust 2024-HE6
- Morningstar DBRS Finalizes Provisional Credit Ratings on FIGRE Trust 2025-HE1
- Morningstar DBRS Finalizes Provisional Credit Ratings on FMBT Trust 2024-FBLU
- Morningstar DBRS Finalizes Provisional Credit Ratings on PRET 2025-RPL1 Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings on PRPM 2024-NQM4 Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings on PRPM 2025-NQM1 Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings on PRPM 2025-RCF1, LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on STAR 2025-SFR5 Trust
- Morningstar DBRS Publishes Updated Legal Criteria for U.S. Structured Finance
- Morningstar DBRS Takes Credit Ratings Action on Lendmark Funding Trust 2021-A
- Morningstar DBRS Upgrades Credit Ratings on Three Classes of PFP 2021-8, Ltd.
- Morningstar DBRS Assigns Provisional Credit Ratings to ACHV ABS Trust 2025-1PL
- Morningstar DBRS Confirms All Credit Ratings on MFTII 2019-B3B4 Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on All Classes of ACAM 2019-FL1, Ltd.
- Morningstar DBRS Confirms Credit Ratings on All Classes of BXMT 2020-FL2, Ltd.
- Morningstar DBRS Confirms Credit Ratings on All Classes of STWD 2019-FL1, Ltd.
- Morningstar DBRS Assigns Provisional Credit Ratings to HTAP Issuer Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to OWN Equipment Fund I LLC
- Morningstar DBRS Confirms Credit Ratings on All Classes of VASA Trust 2021-VASA
- Morningstar DBRS Confirms Credit Ratings on All Classes of VNDO Trust 2016-350P
- Morningstar DBRS Downgrades Two Credit Ratings of COMM 2014-UBS2 Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on All Classes of BBCMS Trust 2015-SRCH
- Morningstar DBRS Discontinues Credit Rating on BXG Receivables Note Trust 2017-A
- Morningstar DBRS Discontinues Credit Rating on Flagship Credit Auto Trust 2019-2
- Morningstar DBRS Takes Credit Rating Actions on Five ACHV ABS Trust Transactions
- Morningstar DBRS Finalizes Provisional Credit Ratings on OWN Equipment Fund I LLC
- Morningstar DBRS Takes Credit Rating Actions on Auxilior Term Funding 2023-1, LLC
- Morningstar DBRS Takes Credit Rating Actions on GTE Auto Receivables Trust 2023-1
- Morningstar DBRS Assigns Credit Ratings to Affirm Master Trust, Loan Series 2024-A
- Morningstar DBRS Assigns Provisional Credit Ratings to Island Finance Trust 2025-1
- Morningstar DBRS Confirms All Credit Ratings on Independence Plaza Trust 2018-INDP
- Morningstar DBRS Discontinues Credit Rating on Upstart Securitization Trust 2021-4
- Morningstar DBRS Discontinues Credit Rating on Upstart Securitization Trust 2021-5
- Morningstar DBRS Downgrades Four Classes of GS Mortgage Securities Trust 2014-GC24
- Morningstar DBRS Assigns Provisional Credit Ratings to Hawaii Hotel Trust 2025-MAUI
- Morningstar DBRS Assigns Provisional Credit Ratings to ORL 2024-GLKS Mortgage Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to ROC Mortgage Trust 2025-RTL1
- Morningstar DBRS Confirms All Credit Ratings of Ready Capital Mortgage Trust 2018-4
- Morningstar DBRS Downgrades Seven Classes of GS Mortgage Securities Trust 2014-GC26
- Morningstar DBRS Downgrades Six Classes of CSAIL 2016-C5 Commercial Mortgage Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings to NYC Mortgage Trust 2025-3BP
- Morningstar DBRS Assigns Provisional Credit Ratings to LHOME Mortgage Trust 2025-RTL1
- Morningstar DBRS Assigns Provisional Ratings to Hudson Yards 2025-SPRL Mortgage Trust
- Morningstar DBRS Confirms All Credit Ratings of GS Mortgage Securities Trust, 2010-C1
- Morningstar DBRS Confirms All Credit Ratings of Hudson Yards 2019-30HY Mortgage Trust
- Morningstar DBRS Confirms All Credit Ratings on BX Commercial Mortgage Trust 2022-AHP
- Morningstar DBRS Confirms Credit Ratings on All Classes of Great Wolf Trust 2024-WOLF
- Morningstar DBRS Confirms Credit Ratings on the Advances of Cerberus 9990 Levered LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on ORL 2024-GLKS Mortgage Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings on ROC Mortgage Trust 2025-RTL1
- Morningstar DBRS Finalizes Provisional Credit Ratings on Sunnova Aurora I Issuer, LLC
- Morningstar DBRS Confirms All Credit Ratings of ACRE Commercial Mortgage 2017-FL3 Ltd.
- Morningstar DBRS Confirms Credit Ratings on 15 Navient Student Loan Trust Transactions
- Morningstar DBRS Confirms Credit Ratings on 15 Navient Student Loan Trust Transactions
- Morningstar DBRS Confirms Credit Ratings on All Classes of COMM 2020-CX Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on All Classes of NYT 2019-NYT Mortgage Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings on Harvest SBA Loan Trust 2024-1
- Morningstar DBRS Assigns Provisional Credit Ratings to Fidelis Mortgage Trust 2025-RTL1
- Morningstar DBRS Assigns Provisional Credit Ratings to Toorak Mortgage Trust 2025-RRTL1
- Morningstar DBRS Assigns Provisional Credit Ratings to Towd Point Mortgage Trust 2024-2
- Morningstar DBRS Confirms All Credit Ratings of MTN Commercial Mortgage Trust 2022-LPFL
- Morningstar DBRS Confirms the Credit Ratings on the Loans of BTC Holdings Fund III LLC
- Morningstar DBRS Discontinues Credit Ratings on OneMain Financial Issuance Trust 2018-2
- Morningstar DBRS Discontinues Credit Ratings on Oportun Funding XIV, LLC, Series 2021-A
- Morningstar DBRS Finalizes Provisional Credit Ratings on LHOME Mortgage Trust 2025-RTL1
- Morningstar DBRS Finalizes Provisional Ratings on Hudson Yards 2025-SPRL Mortgage Trust
- Morningstar DBRS Takes Credit Rating Actions on Two SoFi Alternative Trust Transactions
- Morningstar DBRS Upgrades Credit Ratings on Three Classes of HGI CRE CLO 2021-FL1, LTD.
- Morningstar DBRS Assigns Provisional Credit Ratings to CPS Auto Receivables Trust 2025-A
- Morningstar DBRS Assigns Provisional Credit Ratings to J.P. Morgan Mortgage Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to J.P. Morgan Mortgage Trust 2025-2
- Morningstar DBRS Confirms All Credit Ratings on CAMB Commercial Mortgage Trust 2019-LIFE
- Morningstar DBRS Confirms Credit Rating on Structured Asset Funding Securitization I LLC
- Morningstar DBRS Confirms Credit Ratings on All Classes of BWAY 2021-1450 Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on All Classes of DBGS 2019-1735 Mortgage Trust
- Morningstar DBRS Confirms Credit Ratings on Stone Street Receivables Funding 2015-1, LLC
- Morningstar DBRS Discontinues Credit Rating on Affirm Asset Securitization Trust 2022-X1
- Morningstar DBRS Discontinues Credit Ratings on Affirm Asset Securitization Trust 2023-A
- Morningstar DBRS Discontinues Credit Ratings on Chesapeake Funding II LLC, Series 2020-1
- Morningstar DBRS Downgrades Two Classes of Citigroup Commercial Mortgage Trust 2014-GC21
- Morningstar DBRS Finalizes its Provisional Credit Ratings on Island Finance Trust 2025-1
- Morningstar DBRS Confirms Credit Ratings on 12 CommonBond Student Loan Trust Transactions
- Morningstar DBRS Confirms Credit Ratings on All Classes of LoanCore 2021-CRE6 Issuer Ltd.
- Morningstar DBRS Discontinues Credit Rating on GCO Education Loan Funding Master Trust-II
- Morningstar DBRS Discontinues Credit Ratings on AMUR Equipment Finance Receivables IX LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on Fidelis Mortgage Trust 2025-RTL1
- Morningstar DBRS Finalizes Provisional Credit Ratings on Towd Point Mortgage Trust 2024-2
- Morningstar DBRS Assigns Provisional Credit Ratings to J.P. Morgan Mortgage Trust 2024-12
- Morningstar DBRS Assigns Provisional Credit Ratings to Towd Point Mortgage Trust 2025-CRM1
- Morningstar DBRS Confirms Credit Ratings on All Classes of WP Glimcher Mall Trust 2015-WPG
- Morningstar DBRS Confirms Credit Ratings on Three Merchants Fleet Funding LLC Transactions
- Morningstar DBRS Confirms Credit Ratings on the Secured Notes of Cornhusker Funding 1C LLC
- Morningstar DBRS Discontinues Credit Ratings on Regional Management Issuance Trust 2022-2B
- Morningstar DBRS Finalizes Provisional Credit Ratings on Affirm Master Trust Series 2025-1
- Morningstar DBRS Finalizes Provisional Credit Ratings on CPS Auto Receivables Trust 2025-A
- Morningstar DBRS Assigns Provisional Credit Ratings to J.P. Morgan Mortgage Trust 2025-CCM1
- Morningstar DBRS Assigns Provisional Credit Ratings to J.P. Morgan Mortgage Trust 2025-CES1
- Morningstar DBRS Assigns Provisional Credit Ratings to Progress Residential 2025-SFR1 Trust
- Morningstar DBRS Discontinues Credit Rating on All Classes of BSST 2021-SSCP Mortgage Trust
- Morningstar DBRS Downgrades Credit Ratings on Five Classes of COMM 2015-LC21 Mortgage Trust
- Morningstar DBRS Downgrades Credit Ratings on Four Classes of COMM 2014-UBS5 Mortgage Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings on J.P. Morgan Mortgage Trust 2024-12
- Morningstar DBRS Takes Credit Rating Actions on Six Upstart Pass-Through Trust Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to Switch ABS Issuer, LLC, Series 2025-1
- Morningstar DBRS Confirms Credit Ratings on 12 SMB Private Education Loan Trust Transactions
- Morningstar DBRS Confirms Credit Ratings on All Classes of Benchmark 2020-IG3 Mortgage Trust
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of LCCM 2021-FL2 Trust
- Morningstar DBRS Downgrades Seven Classes of Wells Fargo Commercial Mortgage Trust 2016-NXS6
- Morningstar DBRS Finalizes Credit Rating on the Advances Issued by Cerberus EU Levered V LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on Towd Point Mortgage Trust 2025-CRM1
- Morningstar DBRS Finalizes Provisional Ratings on Vista Point Securitization Trust 2024-CES3
- Morningstar DBRS Takes Credit Rating Actions on Four BXG Receivables Note Trust Transactions
- Morningstar DBRS Takes Credit Rating Actions on OneMain Direct Auto Receivables Trust 2023-1
- Morningstar DBRS Assigns Provisional Credit Ratings to BX Commercial Mortgage Trust 2024-GPA3
- Morningstar DBRS Assigns Provisional Credit Ratings to Carvana Auto Receivables Trust 2025-N1
- Morningstar DBRS Assigns Provisional Credit Ratings to TCO Commercial Mortgage Trust 2024-DPM
- Morningstar DBRS Confirms Credit Ratings on All Classes of 225 Liberty Street Trust 2016-225L
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of BBCMS Trust 2018-BXH
- Morningstar DBRS Downgrades Credit Ratings on Four Classes of COMM 2014-CCRE14 Mortgage Trust
- Morningstar DBRS Finalizes Provisional Credit Ratings on J.P. Morgan Mortgage Trust 2025-CCM1
- Morningstar DBRS Finalizes Provisional Credit Ratings on Progress Residential 2025-SFR1 Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to Citigroup Mortgage Loan Trust 2024-RP4
- Morningstar DBRS Finalizes Provisional Credit Ratings on J.P. Morgan Mortgage Trust 2025-CES1
- Morningstar DBRS Assigns Provisional Credit Ratings to KRE Commercial Mortgage Trust 2025-AIP4
- Morningstar DBRS Assigns Provisional Credit Ratings to SoFi Consumer Loan Program 2025-1 Trust
- Morningstar DBRS Confirms Its Credit Ratings on the Advances Issued by TPR Funding 2022-1, LLC
- Morningstar DBRS Discontinues Credit Rating on Wheels Fleet Lease Funding 1 LLC, Series 2022-1
- Morningstar DBRS Discontinues Credit Ratings on Hertz Vehicle Financing III LLC, Series 2021-1
- Morningstar DBRS Finalizes Its Provisional Credit Ratings on J.P. Morgan Mortgage Trust 2025-1
- Morningstar DBRS Finalizes Its Provisional Credit Ratings on J.P. Morgan Mortgage Trust 2025-2
- Morningstar DBRS Takes Credit Rating Actions on 15 Carvana Auto Receivables Trust Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to Chase Home Lending Mortgage Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to Chase Home Lending Mortgage Trust 2025-2
- Morningstar DBRS Assigns Provisional Credit Ratings to GLS Auto Receivables Issuer Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to SWCH Commercial Mortgage Trust 2025-DATA
- Morningstar DBRS Confirms All Credit Ratings of Wells Fargo Commercial Mortgage Trust 2014-LC16
- Morningstar DBRS Confirms Credit Ratings on All Classes of BX Commercial Mortgage Trust 2024-MF
- Morningstar DBRS Confirms Credit Ratings on All Classes of Hudson's Bay Simon JV Trust 2015-HBS
- Morningstar DBRS Downgrades Five Classes of JPMCC Commercial Mortgage Securities Trust 2017-JP6
- Morningstar DBRS Finalizes Provisional Credit Ratings on BX Commercial Mortgage Trust 2024-GPA3
- Morningstar DBRS Finalizes Provisional Credit Ratings on Carvana Auto Receivables Trust 2025-N1
- Morningstar DBRS Finalizes Provisional Credit Ratings on Citigroup Mortgage Loan Trust 2024-RP4
- Morningstar DBRS Finalizes Provisional Credit Ratings on TCO Commercial Mortgage Trust 2024-DPM
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Advances of Kaamanen Levered B, LP
- Morningstar DBRS Finalizes Provisional Credit Ratings to KSL Commercial Mortgage Trust 2024-HT2
- Morningstar DBRS Takes Credit Rating Actions on Sixteen CPS Auto Receivables Trust Transactions
- Morningstar DBRS Takes Credit Rating Actions on Three Upstart Securitization Trust Transactions
- DBRS Morningstar Finalizes Provisional Credit Ratings on SoFi Consumer Loan Program 2025-1 Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to BRAVO Residential Funding Trust 2025-NQM1
- Morningstar DBRS Assigns Provisional Credit Ratings to Chase Home Lending Mortgage Trust 2024-11
- Morningstar DBRS Assigns Provisional Credit Ratings to Lobel Automobile Receivables Trust 2025-1
- Morningstar DBRS Confirms Credit Ratings on All Classes of BX Commercial Mortgage Trust 2022-LP2
- Morningstar DBRS Downgrades Credit Rating on One Class of ACRE Commercial Mortgage 2021-FL4 Ltd.
- Morningstar DBRS Downgrades Seven Classes of JPMBB Commercial Mortgage Securities Trust 2015-C27
- Morningstar DBRS Assigns Provisional Credit Ratings to Calvert Impact Climate Inc., Series 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to Vista Point Securitization Trust 2024-CES3
- Morningstar DBRS Confirms Credit Ratings on All Classes of A10 Bridge Asset Financing 2021-D, LLC
- Morningstar DBRS Confirms Credit Ratings on All Classes of BLP Commercial Mortgage Trust 2023-IND
- Morningstar DBRS Confirms Credit Ratings on All Classes of BX Commercial Mortgage Trust 2022-CSMO
- Morningstar DBRS Confirms Credit Ratings on All Classes of GS Mortgage Securities Trust 2013-GC10
- Morningstar DBRS Finalizes Provisional Credit Ratings On Chase Home Lending Mortgage Trust 2025-1
- Morningstar DBRS Finalizes Provisional Credit Ratings on GLS Auto Receivables Issuer Trust 2025-1
- Morningstar DBRS Finalizes Provisional Credit Ratings on SWCH Commercial Mortgage Trust 2025-DATA
- Morningstar DBRS Takes Credit Rating Actions on Eight SoFi Professional Loan Program Transactions
- Morningstar DBRS Takes Credit Rating Actions on Seven SoFi Professional Loan Program Transactions
- Morningstar DBRS Confirms Credit Ratings on All Classes of Ready Capital Mortgage Trust 2019-6
- Morningstar DBRS Assigns Provisional Credit Ratings to Strike Acceptance Auto Funding Trust 2025-1
- Morningstar DBRS Confirms Credit Ratings on All Classes of BLP Commercial Mortgage Trust 2024-IND2
- Morningstar DBRS Confirms Credit Ratings on Natixis Commercial Mortgage Securities Trust 2020-2PAC
- Morningstar DBRS Finalizes Provisional Credit Ratings on BRAVO Residential Funding Trust 2025-NQM1
- Morningstar DBRS Finalizes Provisional Credit Ratings on Chase Home Lending Mortgage Trust 2024-11
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Advances of Cerberus 9990 Levered LLC
- Morningstar DBRS Takes Credit Rating Actions on Five Wheels Fleet Lease Funding 1 LLC Transactions
- Morningstar DBRS Takes Credit Rating Actions on Nine OneMain Financial Issuance Trust Transactions
- Morningstar DBRS Takes Credit Rating Actions on Two Affirm Asset Securitization Trust Transactions
- Morningstar DBRS Upgrades Credit Ratings on Three Classes of Hudson Yards 2016-10HY Mortgage Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to GS Mortgage-Backed Securities Trust 2025-PJ1
- Morningstar DBRS Assigns Provisional Credit Ratings to GS Mortgage-Backed Securities Trust 2025-PJ2
- Morningstar DBRS Assigns Provisional Credit Ratings to Harvest Commercial Capital Loan Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to Homeward Opportunities Fund Trust 2025-RRTL1
- Morningstar DBRS Assigns Provisional Credit Ratings to OneMain Direct Auto Receivables Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to Westlake Automobile Receivables Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to the Loans Issued by Reservoir Financial, LLC
- Morningstar DBRS Confirms Credit Ratings on All Classes of BWAY Commercial Mortgage Trust 2022-26BW
- Morningstar DBRS Confirms Credit Ratings on All Classes of ILPT Commercial Mortgage Trust 2022-LPFX
- Morningstar DBRS Confirms Credit Ratings on All Classes of WFRBS Commercial Mortgage Trust 2012-C10
- Morningstar DBRS Finalizes Provisional Credit Ratings on Calvert Impact Climate Inc., Series 2025-1
- Morningstar DBRS Takes Credit Rating Actions on Six Regional Management Issuance Trust Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to Brean Asset-Backed Securities Trust 2025-RM10
- Morningstar DBRS Assigns Provisional Credit Ratings to GS Mortgage-Backed Securities Trust 2024-PJ11
- Morningstar DBRS Assigns Provisional Credit Ratings to Velocity Commercial Capital Loan Trust 2024-6
- Morningstar DBRS Assigns Provisional Credit Ratings to Velocity Commercial Capital Loan Trust 2025-1
- Morningstar DBRS Confirms All Credit Ratings on KREST Commercial Mortgage Securities Trust 2021-CHIP
- Morningstar DBRS Confirms Credit Ratings on All Classes of Prima Capital CRE Securitization 2019-RK1
- Morningstar DBRS Confirms Credit Ratings on Two Massachusetts Educational Financing Authority Series
- Morningstar DBRS Discontinues Credit Rating on All Classes of BX Commercial Mortgage Trust 2020-VKNG
- Morningstar DBRS Downgrades Credit Ratings on All Classes of Morgan Stanley Capital I Trust 2018-BOP
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Secured Notes of Tidal Notes Issuer LLC
- Morningstar DBRS Downgrades Credit Rating on One Class of COMM 2014-LC15 Mortgage Trust
- Morningstar DBRS Assigns Provisional Credit Ratings to United Auto Credit Securitization Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to Wells Fargo Commercial Mortgage Trust 2025-VTT
- Morningstar DBRS Confirms Credit Ratings on 12 Navient Private Education Refi Loan Trust Transactions
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of COMM 2015-3BP Mortgage Trust
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of COMM 2020-CBM Mortgage Trust
- Morningstar DBRS Finalizes Its Provisional Credit Ratings on Chase Home Lending Mortgage Trust 2025-2
- Morningstar DBRS Finalizes Provisional Credit Ratings on Harvest Commercial Capital Loan Trust 2025-1
- Morningstar DBRS Finalizes Provisional Credit Ratings on OneMain Direct Auto Receivables Trust 2025-1
- Morningstar DBRS Finalizes Provisional Credit Ratings on Westlake Automobile Receivables Trust 2025-1
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Secured Notes of Gemini Notes Issuer LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Secured Notes of Jordan Notes Issuer LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Secured Notes of Ripple Notes Issuer LLC
- Morningstar DBRS Places All Classes of BXHPP Trust 2021-FILM Under Review With Negative Implications
- Morningstar DBRS Assigns Provisional Credit Ratings to Wheels Fleet Lease Funding 1 LLC, Series 2025-1
- Morningstar DBRS Discontinues Credit Ratings on All Classes of Shelter Growth CRE 2023-FL5 Issuer Ltd.
- Morningstar DBRS Downgrades Credit Ratings on Two Classes of A10 Permanent Asset Financing 2015-I, LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on Brean Asset-Backed Securities Trust 2025-RM10
- Morningstar DBRS Finalizes Provisional Credit Ratings on GS Mortgage-Backed Securities Trust 2024-PJ11
- Morningstar DBRS Finalizes Provisional Credit Ratings on Velocity Commercial Capital Loan Trust 2024-6
- Morningstar DBRS Finalizes Provisional Credit Ratings on Velocity Commercial Capital Loan Trust 2025-1
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Secured Notes of Element Notes Issuer LLC
- Morningstar DBRS Takes Credit Rating Actions on Eight Multi-Borrower Single-Family Rental Transactions
- Morningstar DBRS Takes Credit Rating Actions on Four Credit Ratings from Crossroads Asset Trust 2022-A
- Morningstar DBRS Takes Credit Rating Actions on Nine Small-Balance Commercial Real Estate Transactions
- Morningstar DBRS Takes Credit Rating Actions on Six Westlake Automobile Receivables Trust Transactions
- Morningstar DBRS Takes Credit Rating Actions on Three Exeter Automobile Receivables Trust Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to FREMF 2025-K168 Mortgage Trust, Series 2025-K168
- Morningstar DBRS Downgrades Three Classes of Morgan Stanley Bank of America Merrill Lynch Trust 2013-C7
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Secured Notes of Chestnut Notes Issuer LLC
- Morningstar DBRS Confirms Credit Ratings on All Classes of Citigroup Commercial Mortgage Trust 2013-GC15
- Morningstar DBRS Downgrades Credit Rating on Remaining Class of WFRBS Commercial Mortgage Trust 2013-C18
- Morningstar DBRS Assigns Credit Ratings to Finance of America Structured Securities Trust, Series 2025-S1
- Morningstar DBRS Confirms Credit Ratings on All Classes of Wells Fargo Commercial Mortgage Trust 2016-C34
- Morningstar DBRS Downgrades the Credit Ratings on Seven Classes of GS Mortgage Securities Trust 2014-GC22
- Morningstar DBRS Finalizes Its Provisional Credit Ratings on GS Mortgage-Backed Securities Trust 2025-PJ1
- Morningstar DBRS Finalizes Its Provisional Credit Ratings on GS Mortgage-Backed Securities Trust 2025-PJ2
- Morningstar DBRS Finalizes Provisional Credit Ratings on FREMF 2025-K168 Mortgage Trust, Series 2025-K168
- Morningstar DBRS Maintains Under Review with Negative Implications Designation on SuttonPark Transactions
- Morningstar DBRS Takes Credit Rating Actions on 12 Navient Private Education Refi Loan Trust Transactions
- Morningstar DBRS Takes Credit Rating Actions on Two AmeriCredit Automobile Receivables Trust Transactions
- Morningstar DBRS Assigns Provisional Credit Ratings to American Credit Acceptance Receivables Trust 2025-1
- Morningstar DBRS Assigns Provisional Credit Ratings to the Notes Issued by U.S. Bank, National Association
- Morningstar DBRS Confirms Credit Ratings on All Classes of GS Mortgage Securities Corporation Trust 2023-FUN
- Morningstar DBRS Downgrades Credit Ratings on Four Classes of Wells Fargo Commercial Mortgage Trust 2016-C32
- Morningstar DBRS Downgrades Credit Ratings on Three Classes of Citigroup Commercial Mortgage Trust 2015-GC31
- Morningstar DBRS Finalizes Provisional Credit Ratings on American Credit Acceptance Receivables Trust 2025-1
- Morningstar DBRS Downgrades Credit Ratings on Four Classes of Wells Fargo Commercial Mortgage Trust 2016-NXS5
- Morningstar DBRS Downgrades Credit Ratings on Six Classes of Wells Fargo Commercial Mortgage Trust 2014-LC18
- Morningstar DBRS Takes Credit Rating Actions on Six American Credit Acceptance Receivables Trust Transactions
- Morningstar DBRS Assigns Provisional Ratings to Freddie Mac Structured Pass-Through Certificates, Series K-168
- Morningstar DBRS Confirms Credit Ratings on All Classes of BAMLL Commercial Mortgage Securities Trust 2016-SS1
- Morningstar DBRS Confirms Credit Ratings on All Classes of BWAY Commercial Mortgage Securities Trust 2013-1515
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of Houston Galleria Mall Trust 2015-HGLR
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of KSL Commercial Mortgage Trust 2023-HT
- Morningstar DBRS Finalizes Provisional Credit Ratings on volofin Finance (Ireland) Designated Activity Company
- Morningstar DBRS Upgrades and Finalizes Provisional Credit Ratings on the Loans of BTC Holdings Fund III-B LLC
- Morningstar DBRS Confirms All Credit Ratings on J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-MHC
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of CoreVest American Finance 2017-1 Trust
- Morningstar DBRS Takes Credit Rating Actions on Five Credit Ratings from Post Road Equipment Funding 2022-1 LLC
- Morningstar DBRS Finalizes Provisional Ratings on Freddie Mac Structured Pass-Through Certificates, Series K-168
- Morningstar DBRS Takes Credit Rating Actions on Three Bridgecrest Lending Auto Securitization Trust Transactions
- Morningstar DBRS Confirms Provisional Ratings to Certain Tranche Amounts of Manitoulin USD Ltd., Algonquin 2023-1
- Morningstar DBRS Discontinues Credit Rating on All Remaining Classes of Fontainebleau Miami Beach Trust 2019-FBLU
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of Two Freddie Mac-Issued CMBS Transactions
- Morningstar DBRS Downgrades Credit Ratings on Four Classes of JPMBB Commercial Mortgage Securities Trust 2015-C29
- Morningstar DBRS Downgrades Credit Ratings on Four Classes of JPMBB Commercial Mortgage Securities Trust 2015-C32
- Morningstar DBRS Upgrades Credit Ratings on the Term Loan and Subordinated Loan of CBAM CLO Management LLC 2017-4
- Morningstar DBRS Changes Trends on Two Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-ICON
- Morningstar DBRS Confirms Credit Ratings on the Revolving Advances and Term Loan Issued by Cerberus RR Levered LLC
- Morningstar DBRS Discontinues Credit Ratings on All Classes of BAMLL Commercial Mortgage Securities Trust 2017-SCH
- Morningstar DBRS Places Three Novation Structured Settlements Transactions Under Review with Negative Implications
- Morningstar DBRS Confirms Credit Ratings on All Classes of Arbor Realty Commercial Real Estate Notes 2021-FL1, Ltd.
- Morningstar DBRS Upgrades Credit Ratings on the Term Loan and the Subordinated Loan of CBAM CLO Management LLC 2017-1
- Morningstar DBRS Confirms Its AA (sf) Credit Ratings on the Class A-R Loans and A-T Loans of Cerberus 2112 Levered LLC
- Morningstar DBRS Assigns Provisional Credit Ratings to J.P. Morgan Chase Commercial Mortgage Securities Trust 2025-BHR5
- Morningstar DBRS Changes Trends on Nine Classes of MF1 2022-B1 LLC to Negative from Stable; Confirms All Credit Ratings
- Morningstar DBRS Confirms Its AA (sf) Credit Ratings on the Class A-R Loans and A-T Loans of Cerberus PSERS Levered LLC
- Morningstar DBRS Confirms Provisional Credit Ratings on Certain Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-4
- Morningstar DBRS Discontinues Credit Ratings on All Remaining Classes of FREMF 2017-K729 Mortgage Trust, Series 2017-K729
- Morningstar DBRS Assigns Credit Rating to the Fixed Rate Asset Backed Notes Series 2024-B1 Issued by JG Wentworth LIX, LLC
- Morningstar DBRS Confirms Credit Ratings on All Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-OSB
- Morningstar DBRS Confirms Credit Ratings on All Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2022-ACB
- Morningstar DBRS Discontinues Credit Rating on All Remaining Classes of Taubman Centers Commercial Mortgage Trust 2022-DPM
- Morningstar DBRS Confirms Credit Ratings on All Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-WLDN
- Morningstar DBRS Confirms Credit Ratings on the Class A Loans of BlackRock Mt. Lassen Senior Loan Funding XII, LLC, Series 1
- Morningstar DBRS Finalizes Provisional Credit Ratings and Assigns New Ratings to Two Additional Classes of CIM 2025-I1 Trust
- Morningstar DBRS Confirms Ratings on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Muskoka 2022-1
- Morningstar DBRS Downgrades Credit Ratings on Five Classes of Benchmark 2020-IG2 Mortgage Trust, Changes Trends on Five Classes
- Morningstar DBRS Confirms Ratings on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-3
- Morningstar DBRS Assigns Provisional Credit Ratings to Benchmark 2025-V13 Mortgage Trust Herald Center Loan-Specific Certificates
- Morningstar DBRS Changes Trends on Three Classes of DC Office Trust 2019-MTC to Stable From Negative, Confirms All Credit Ratings
- Morningstar DBRS Assigns Credit Rating of A (high), Stable Trend, to Mortgage Loan Made to 527805:51 Regent Garden Associates, LLC
- Morningstar DBRS Assigns Credit Rating of A (low), Stable Trend, to the Mortgage Loan Made to 521835:11 Rainbow Arroyo Commons, LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on Benchmark 2025-V13 Mortgage Trust Herald Center Loan-Specific Certificates
- Morningstar DBRS Confirms All Classes of JPMCC Commercial Mortgage Securities Trust 2014-C20, Changes Trend on Two Classes to Stable
- Morningstar DBRS Confirms Credit Ratings on All Classes of Benchmark 2021-B25 Mortgage Trust Amazon Seattle Loan-Specific Certificates
- Morningstar DBRS Confirms Credit Ratings on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-2
- Morningstar DBRS Downgrades Credit Ratings on Four Classes of COMM 2013-300P Mortgage Trust, Changes All Trends to Stable From Negative
- Morningstar DBRS Confirms All Credit Ratings of COMM 2014-CCRE18 Mortgage Trust, Changes Trends on Three Classes to Stable from Negative
- Morningstar DBRS Upgraded Credit Ratings on Four Classes and Confirmed Credit Ratings on Five Classes of COMM 2014-CCRE21 Mortgage Trust
- Morningstar DBRS Changes Trends on Nine Classes of Benchmark 2018-B7 Mortgage Trust to Stable From Negative, Confirms All Credit Ratings
- Morningstar DBRS Downgrades Credit Ratings on Two Classes of COMM 2013-CCRE6 Mortgage Trust, Confirms Credit Ratings on Remaining Classes
- Morningstar DBRS Assigns Credit Rating of "A," Stable Trend, to the Mortgage Loan Made to 527372:11 Beverly Wilshire Investment Company, LLC
- Morningstar DBRS Downgrades Nine Classes of WFRBS Commercial Mortgage Trust 2014-C23, Changes Trends on Five Classes to Negative from Stable
- Morningstar DBRS Changes Trend on One Class of A10 Permanent Asset Financing 2017-II, LLC, to Stable From Negative; Confirms All Credit Ratings
- Morningstar DBRS Downgrades All Classes of Citigroup Commercial Mortgage Trust 2014-GC25, Changes Trends on Two Classes to Negative from Stable
- Morningstar DBRS Confirms Credit Ratings on All Classes of CORE 2019-CORE Mortgage Trust, Changes Trend on Three Classes to Stable From Negative
- Morningstar DBRS Downgrades the Credit Rating on One Class of WFRBS Commercial Mortgage Trust 2014-C21, Changes Trends on Five Classes to Stable
- Morningstar DBRS Upgrades Credit Ratings on Two Classes of Ready Capital Mortgage Financing 2021-FL6, LLC; Downgrades Credit Rating on One Class
- Morningstar DBRS Confirms Credit Ratings on All Classes of Morgan Stanley Bank of America Merrill Lynch Trust 2013-C9, Changes Trends to Positive
- Morningstar DBRS Downgrades Credit Ratings on Five Classes of MKT 2020-525M Mortgage Trust, Changes Trends on Six Classes to Stable From Negative
- Morningstar DBRS Confirms and Upgrades Credit Ratings on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-1
- Morningstar DBRS Downgrades Credit Ratings on Three Classes and Confirms Credit Ratings on Two Classes of COMM 2014-CCRE20 Commercial Mortgage Trust
- Morningstar DBRS Downgrades the Credit Rating on One Class of Wells Fargo Commercial Mortgage Trust 2015-NXS2, Confirms All Remaining Credit Ratings
- Morningstar DBRS Downgrades Credit Ratings on Five Classes of COMM 2019-521F Mortgage Trust, Changes Trends to Negative From Stable for Three Classes
- Morningstar DBRS Confirms Credit Ratings on All Classes of CFCRE Commercial Mortgage Trust 2016-C6, Changes Trends on Four Classes to Negative From Stable
- Morningstar DBRS Downgrades Credit Ratings on Eight Classes of GS Mortgage Securities Trust 2017-GS5, Changes Trends on Six Classes to Negative From Stable
- Morningstar DBRS Downgrades Credit Ratings on Five Classes of JPMBB Commercial Mortgage Securities Trust 2014-C26, Changes Trends on Three Classes to Stable
- Morningstar DBRS Discontinues and Withdraws Credit Ratings on the Tranche Amounts and Boreal 2022-1 Series Notes Issued by Kawartha CAD Limited
- Morningstar DBRS Downgrades Four Classes of Morgan Stanley Bank of America Merrill Lynch Trust 2014-C19, Changes Trends on Three Classes to Negative from Stable
- Morningstar DBRS Confirms AA (sf) Ratings on the Loans and Discontinues Rating on the Class A-R-2 Loans and the Class A-T-1 Loans of Cerberus Redwood Levered B LLC
- Morningstar DBRS Downgrades the Credit Rating on One Class of JP Morgan Chase Commercial Mortgage Securities Trust 2011-C3, Changes Trends to Stable from Negative
- Morningstar DBRS Downgrades Credit Ratings on 11 Classes of JPMBB Commercial Mortgage Securities Trust 2014-C25, Changes Trends on Four Classes to Stable From Negative
- Morningstar DBRS Confirms Ratings on World Financial Network Credit Card Master Note Trust Series 2009-VFN and three World Financial Capital Master Note Trust Transactions
Contacts
Christopher D'Onofrio
Managing Director - US ABS Ratings
+(1) 212 806 3284
chris.donofrio@morningstar.com- Erin Stafford
Managing Director - North American Real Estate Ratings
+(1) 312 332 3291
erin.stafford@morningstar.com - Jerry van Koolbergen
Managing Director - US Structured Credit Ratings
+(1) 212 806 3260
jerry.vankoolbergen@morningstar.com
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