Report
Anna Deriy ...
  • Derek Moran
  • Kathleen Tillwitz
  • Stephen Buteau

Finance of America HECM Buyout 2021-HB1: Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following Asset-Backed Notes to be issued by Finance of America HECM Buyout 2021-HB1:

-- $413.3 million Asset-Backed Notes, Series 2021-HB1 Class A at AAA (sf)
-- $45.8 million Asset-Backed Notes Series 2021-HB1 Class M1 at AA (low) (sf)
-- $33.0 million Asset-Backed Notes Series 2021-HB1 Class M2 at A (low) (sf)
-- $29.1 million Asset-Backed Notes Series 2021-HB1 Class M3 at BBB (low) (sf)
-- $26.2 million Asset-Backed Notes Series 2021-HB1 Class M4 at BB (low) (sf)
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Anna Deriy

Derek Moran

Kathleen Tillwitz

Stephen Buteau

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