MORGAN STANLEY CAPITAL I INC. ABS-15G
Exhibit 99.2
Schedule 2 - Rating Agency Grades Report
Rating Agency Grades
Run Date - 3/23/2026 12:55:26 PM
| LOAN INFORMATION | INITIAL CREDIT LOAN GRADES | INITIAL COMPLIANCE LOAN GRADES | INITIAL PROPERTY LOAN GRADES | INITIAL OVERALL LOAN GRADES | FINAL CREDIT LOAN GRADES | FINAL COMPLIANCE LOAN GRADES | FINAL PROPERTY LOAN GRADES | FINAL OVERALL LOAN GRADES | |||||||||||||||||||||||||||||||||||||||||||||
| AMC Loan ID | Customer Loan ID | Seller Loan ID | Investor Loan Number | Deal Number | Original Loan Amount | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar | DBRS | Fitch | Kroll | Moody's | S&P | Morningstar |
| [Redact] | 9213060 | [Redact] | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | |||||||||||
| [Redact] | 9213066 | [Redact] | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9389397 | [Redact] | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9389418 | [Redact] | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9768759 | [Redact] | C | C | C | C | C | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9768778 | [Redact] | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9859795 | [Redact] | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9859817 | [Redact] | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9859828 | [Redact] | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9859805 | [Redact] | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | |||||||||||
| [Redact] | 9859778 | [Redact] | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9859780 | [Redact] | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | C | C | C | C | C | B | B | B | B | B | A | A | A | A | A | A | A | A | A | A | B | B | B | B | B | |||||||||||
| [Redact] | 9859786 | [Redact] | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | C | C | C | C | C | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | A | |||||||||||