Nationstar HECM Loan Trust 2020-1: Presale Report
Solely to the extent and subject to the scope of review enumerated herein, this report and the provisional ratings noted above address certain credit risks and the extent to which the payment stream of the collateral is adequate to make payments required under the notes based on information identified as subject to review herein and to the extent provided to DBRS Morningstar on the arranger’s website or email for this transaction as of September 17, 2020.
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.
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