The $524.5 million non-prime RMBS transaction consists of mortgages originated by various lenders, including Castle Mortgage.
Tagged: KBRA
RCKT Mortgage Trust offering comprises 330 residential mortgages with an aggregate principal balance of $337.9 million.
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.