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J.P. Morgan Mortgage Trust 2019-3 -- Moody's assigns definitive ratings to Prime RMBS issued by J.P. Morgan Mortgage Trust 2019-3

Moody's Investors Service (Moody's) has assigned definitive ratings to 22 classes of residential mortgage-backed securities (RMBS) issued by J.P. Morgan Mortgage Trust (JPMMT) 2019-3. The certificates are backed by 591 30-year, fully-amortizing fixed-rate mortgage loans with a total balance of $387,326,703 as of the April 1, 2019 cut-off date. Similar to prior JPMMT transactions, JPMMT 2019-3 includes conforming mortgage loans (39% by loan balance) mostly originated by United Shore Financial Services, LLC d/b/a United Wholesale Mortgage and Shore Mortgage (United Shore), JPMorgan Chase Bank, National Association (Chase), AmeriHome Mortgage Company, LLC (AmeriHome) and LoanDepot.com, LLC (LoanDepot) underwritten to the government sponsored enterprises (GSE) guidelines in addition to prime jumbo non-conforming mortgages purchased by J.P. Morgan Mortgage Acquisition Corp. (JPMMAC), sponsor and mortgage loan seller, from various originators and aggregators.