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U.S. debt five times higher than it was after 2011 downgrade.
It’s guilt by association because U.S. government rating was dropped.
Ratings service says they are well-positioned to handle liquidity and funding challenges.
Ties credit rating to outcome of U.S. debt limit negotiations.
BRAVO Residential Funding Trust 2023-NQM3 is supported by 674 loans with a balance of $302 million.
OBX 2023-NQM3 Trust is a $407.5M securitization backed by 807 mostly Non-QM loans, 22% from SG Capital.
