Bayview Financing SBC Trust 2021-5F: Rating Report

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the Class A1 Notes, the Class A2 Notes, and the Class A3 Notes issued by Bayview Financing SBC Trust 2021-5F (the Issuer), pursuant to the Bayview Financing SBC Trust 2021-5F Indenture dated as of September 16, 2021, among Bayview Financing SBC Trust 2021-5F as Issuer, U.S. Bank National Association as Indenture Trustee, Calculation Agent, Paying Agent and Securities Intermediary, and Bayview MSR Opportunity Master Fund, L.P as Trustor:

-- Class A1 Notes at A (low) (sf)
-- Class A2 Notes at BBB (low) (sf)
-- Class A3 Notes at BB (high) (sf)