Presale Report

Progress Residential 2021-SFR1 Trust: Presale Report

RMBS

Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following Single-Family Rental Pass-Through Certificates to be issued by Progress Residential 2021-SFR1 Trust:

-- $187.9 million Class A at AAA (sf)
-- $43.8 million Class B at AA (sf)
-- $27.0 million Class C at A (sf)
-- $32.2 million Class D at BBB (high) (sf)
-- $41.2 million Class E at BBB (low) (sf)
-- $57.9 million Class F at BB (low) (sf)
-- $46.3 million Class G at B (low) (sf)