The preliminary ratings are for mortgage-backed notes, with all loans originated by NewRez LLC or Caliber Home Loans.
Tagged: KBRA
AmWest Funding Corp., others originated the 765 loans in the $397.5 million non-prime RMBS transaction.
The $255.3 million non-prime residential mortgage-backed securities transaction is sponsored by Sutton Funding LLC.
The $359 million non-prime RMBS transaction comprises 681 mortgages, 83.5% of which utilized alternative income documentation.
The $391.8 million, non-prime RMBS transaction is sponsored by DLJ Mortgage Capital Inc.
SGR 2022-2 is a $349.5 million non-prime RMBS transaction comprising 670 residential mortgages, with 51.6% of the loans categorized as Non-QM.
Approximately 60% of the loans pooled in the $489.8 million non-prime RMBS transaction are categorized as Non-QM.
In the nearly $346 million RMBS transaction, 58% of the loans are categorized as Non-QM.
The $387.9 million non-prime RMBS transaction is characterized by a notable concentration of alternative income documentation (87.7%).