Tagged: KBRA

OBX 2022-NQM4 Trust is a $457.3 million non-prime residential mortgage-backed securities transaction. 

The CSMC 2022-NQM3 Trust RMBS offering comprises 1,137 residential mortgages characterized by a significant concentration of loans underwritten using alternative income documentation.

The $425.7 million non-prime RMBS transaction comprises 998 residential mortgages characterized by a notable concentration of alternative income documentation.

Approximately 49.8% of the loans in the pool were categorized as non-qualified (non-QM) mortgages.

The offering is a credit risk sharing transaction with a total note offering of $1.84 billion.

The prime RMBS transaction is comprised of 1,024 residential mortgages with an aggregate interest-bearing principal balance of approximately $622 million.

Pool comprises 891 residential mortgage loans with an aggregate principal balance of $1 billion.

The $315.8 million non-prime RMBS transaction is comprised of 518 residential mortgages, including 58.5% that are non-QM loans.

The $408.9M non-prime RMBS transaction includes 904 residential mortgages characterized by a high concentration of non-QM loans.

The $351.4 million non-prime RMBS transaction is sponsored by New Residential Investment Corp.