Rating Report

Tricon American Homes 2020-SFR2 Trust: Rating Report

RMBS

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Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following Single-Family Rental Pass-Through Certificates issued by Tricon American Homes 2020-SFR2 Trust:

-- $230.1 million Class A at AAA (sf)
-- $80.5 million Class B at AA (sf)
-- $32.9 million Class C at A (sf)
-- $39.4 million Class D at BBB (high) (sf)
-- $44.4 million Class E-1 at BBB (sf)
-- $13.1 million Class E-2 at BBB (low) (sf)

Available Documents