...- Morgan Stanley Residential Mortgage Loan Trust 2025-DSC1's issuance is an RMBS transaction backed by first-lien, fixed- and adjustable-rate, fully amortizing residential mortgage loans (some with interest-only periods) to both prime and nonprime borrowers. The loans are secured by single-family residential properties including townhouses, planned-unit developments, condominiums, two- to four-family residential properties, and five- to 10-unit residential properties. - We assigned our ratings to the class A-1-A, A-1-B, A-1, A-2, A-3, M-1, B-1, and B-2 certificates. - The ratings reflect our view of the transaction's collateral composition, credit enhancement, and representation and warranty framework, among other factors. ENGLEWOOD (S&P Global Ratings) April 30, 2025--S&P Global Ratings today assigned its ratings to Morgan Stanley Residential Mortgage Loan Trust 2025-DSC1's mortgage-backed certificates (see list). The certificate issuance is an RMBS transaction backed by first-lien, fixed-...
