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Monday, October 19, 2026

BBCMS Mortgage Trust 2022-C17: rating history

Page built October 19, 2026

Rating actions, action dates and public knowledge dates for BBCMS Mortgage Trust 2022-C17.

Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-13

← BBCMS Mortgage Trust 2022-C17 · CMBS market

Rating actions recorded in the dataset cover 19 of the deal's 22 classes. Each action shows the date the agency took the action and the date it became publicly knowable in the published rating histories, as explained in the note at the foot of this page.

Migration summary

AgencyActionsUpgradesDowngradesWithdrawalsNet notch movementFirst downgrade
Fitch19020+2 notches over 2 classes2023-10-16
KBRA85000+0 notches over 17 classesNone recorded
Moody's20000not yet reportedNone recorded

Net notch movement sums, over the classes with at least two recorded ratings from the agency, the difference between the last and first recorded rating in notches; a positive figure means the classes ended weaker than they began.

Actions by class

Class A-1

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aaa

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aaanot yet reported2022-08-112026-10-13
No action code in source(P)AaaAaanot yet reported2022-09-122026-10-13

Class A-2

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aaa

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aaanot yet reported2022-08-112026-10-13
No action code in source(P)AaaAaanot yet reported2022-09-122026-10-13

Class A-3

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aaa

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aaanot yet reported2022-08-112026-10-13
No action code in source(P)AaaAaanot yet reported2022-09-122026-10-13

Class A-4

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aaa

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aaanot yet reported2022-08-112026-10-13
No action code in source(P)AaaAaanot yet reported2022-09-122026-10-13

Class A-5

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aaa

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aaanot yet reported2022-08-112026-10-13
No action code in source(P)AaaAaanot yet reported2022-09-122026-10-13

Class A-S

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aa2

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aa2not yet reported2022-08-112026-10-13
No action code in source(P)Aa2Aa2not yet reported2022-09-122026-10-13

Class A-SB

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aaa

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aaanot yet reported2022-08-112026-10-13
No action code in source(P)AaaAaanot yet reported2022-09-122026-10-13

Class B

Fitch: current rating AA-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAA-not yet reported2022-09-082026-10-01

KBRA: current rating AA-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAA-not yet reported2022-08-102026-10-01
New ratingAA-AA-not yet reported2022-09-082026-10-01
No action code in sourceAA-AA-not yet reported2023-09-082026-10-01
No action code in sourceAA-AA-not yet reported2024-09-062026-10-01
No action code in sourceAA-AA-not yet reported2025-09-052026-10-01

Class C

Fitch: current rating A-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedA-not yet reported2022-09-082026-10-01

KBRA: current rating A-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedA-not yet reported2022-08-102026-10-01
New ratingA-A-not yet reported2022-09-082026-10-01
No action code in sourceA-A-not yet reported2023-09-082026-10-01
No action code in sourceA-A-not yet reported2024-09-062026-10-01
No action code in sourceA-A-not yet reported2025-09-052026-10-01

Class D

Fitch: current rating BBB

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedBBBnot yet reported2022-09-082026-10-01

KBRA: current rating BBB+

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedBBB+not yet reported2022-08-102026-10-01
New ratingBBB+BBB+not yet reported2022-09-082026-10-01
No action code in sourceBBB+BBB+not yet reported2023-09-082026-10-01
No action code in sourceBBB+BBB+not yet reported2024-09-062026-10-01
No action code in sourceBBB+BBB+not yet reported2025-09-052026-10-01

Class E

Fitch: current rating BBB-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedBBB-not yet reported2022-09-082026-10-01

KBRA: current rating BBB-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedBBB-not yet reported2022-08-102026-10-01
New ratingBBB-BBB-not yet reported2022-09-082026-10-01
No action code in sourceBBB-BBB-not yet reported2023-09-082026-10-01
No action code in sourceBBB-BBB-not yet reported2024-09-062026-10-01
No action code in sourceBBB-BBB-not yet reported2025-09-052026-10-01

Class F

Fitch: current rating B+

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedBB-not yet reported2022-09-082026-10-01
DowngradeBB-B+not yet reported2023-10-162026-10-01

KBRA: current rating BB-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedBB-not yet reported2022-08-102026-10-01
New ratingBB-BB-not yet reported2022-09-082026-10-01
No action code in sourceBB-BB-not yet reported2023-09-082026-10-01
No action code in sourceBB-BB-not yet reported2024-09-062026-10-01
No action code in sourceBB-BB-not yet reported2025-09-052026-10-01

Class G-RR

Fitch: current rating B-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedB-not yet reported2022-09-082026-10-01

KBRA: current rating B-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedB-not yet reported2022-08-102026-10-01
New ratingB-B-not yet reported2022-09-082026-10-01
No action code in sourceB-B-not yet reported2023-09-082026-10-01
No action code in sourceB-B-not yet reported2024-09-062026-10-01
No action code in sourceB-B-not yet reported2025-09-052026-10-01

Class PWV-A

Moody's: current rating A3

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)A3not yet reported2022-08-112026-10-13
No action code in source(P)A3A3not yet reported2022-09-122026-10-13

Class PWV-B

Moody's: current rating Baa3

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Baa3not yet reported2022-08-112026-10-13
No action code in source(P)Baa3Baa3not yet reported2022-09-122026-10-13

Class X-A

Fitch: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedAAAnot yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Moody's: current rating Aaa

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reported(P)Aaanot yet reported2022-08-112026-10-13
No action code in source(P)AaaAaanot yet reported2022-09-122026-10-13

Class X-B

Fitch: current rating A-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedA-not yet reported2022-09-082026-10-01

KBRA: current rating AAA

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedAAAnot yet reported2022-08-102026-10-01
New ratingAAAAAAnot yet reported2022-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2023-09-082026-10-01
No action code in sourceAAAAAAnot yet reported2024-09-062026-10-01
No action code in sourceAAAAAAnot yet reported2025-09-052026-10-01

Class X-D

Fitch: current rating BBB-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedBBB-not yet reported2022-09-082026-10-01

KBRA: current rating BBB-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedBBB-not yet reported2022-08-102026-10-01
New ratingBBB-BBB-not yet reported2022-09-082026-10-01
No action code in sourceBBB-BBB-not yet reported2023-09-082026-10-01
No action code in sourceBBB-BBB-not yet reported2024-09-062026-10-01
No action code in sourceBBB-BBB-not yet reported2025-09-052026-10-01

Class X-F

Fitch: current rating B+

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
New ratingnot yet reportedBB-not yet reported2022-09-082026-10-01
DowngradeBB-B+not yet reported2023-10-162026-10-01

KBRA: current rating BB-

ActionPrior ratingRatingOutlook / watch afterAction datePublicly knowable
No action code in sourcenot yet reportedBB-not yet reported2022-08-102026-10-01
New ratingBB-BB-not yet reported2022-09-082026-10-01
No action code in sourceBB-BB-not yet reported2023-09-082026-10-01
No action code in sourceBB-BB-not yet reported2024-09-062026-10-01
No action code in sourceBB-BB-not yet reported2025-09-052026-10-01

Action date is the date the agency took the rating action. Publicly knowable is the publication date of the agency's rating history file, published under SEC Rule 17g-7(b), in which the action is recorded in this dataset. The dataset holds each agency's current published history, so the publicly knowable date is the current file's date and is an upper bound on when the action first became public in this form: earlier editions of the file carried older actions sooner. Actions labeled "No action code in source" are records the agency's file carries without a rating action code, principally affirmations and outlook or watch updates; the rating shown is the rating recorded with the record. Outlook and watch states are shown as recorded after each action, so the state in force between two actions is the state shown on the earlier row.