KBRA Assigns Preliminary Ratings To EFMT 2021-3
Non-QM loans makes up 59% of the $257.6M non-prime RMBS transaction
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
Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M
Nearly 80% Of Mortgages In $389.6M RBMS Offering Are Non-QM Loans
Nearly 64% Of The Mortgages In The Offering Are Non-QM Loans
Loans Originated By NewRez, HomeBridge, and United Shore Financial
Certificates Package Totals $478.34M, Includes No Non-QM Loans