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First RMBS transaction sponsored by Toorak Capital Partners
The $229.4M offering received preliminary ratings from KBRA
Non-QM loans makes up 59% of the $257.6M non-prime RMBS transaction
The $348.3M non-prime RMBS transaction includes 51.4% non-QM loans
Loan pool comprises 469 residential mortgages with an aggregate principal balance of $428.7 million
Includes 1,002 Residential Mortgages With An Aggregate Principal Balance Of $968.4M