{"id":1799,"date":"2026-05-06T20:52:00","date_gmt":"2026-05-06T18:52:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=8aa75cf88d7bcdf9e1607e838bc9c148"},"modified":"2026-05-06T20:52:00","modified_gmt":"2026-05-06T18:52:00","slug":"kbra-assigns-preliminary-ratings-to-obx-2026-nqm7-trust","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=1799","title":{"rendered":"KBRA Assigns Preliminary Ratings to OBX 2026-NQM7 Trust"},"content":{"rendered":"

NEW YORK--(BUSINESS WIRE)--#creditratingagency<\/a>--KBRA assigns preliminary ratings to 13 classes of mortgage-backed notes from OBX 2026-NQM7 Trust, a $932.4 million non-prime RMBS transaction. The underlying collateral, comprising 1,667 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 91.9% and 8.1% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 43.3%) or exempt (48.8%) from the Ability-to-Repay\/Qualified Mortgage (ATR\/QM) rule due to being originated for non-consumer loan purposes. There were no originators comprising over 10% of the pool.<\/p><\/a><\/a>

\nKBRA\u2019s rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction\u2019s payment structure, reviews of key transaction parties and an assessment of the transaction\u2019s legal structure and documentation. This analysis is further described in our U.S. RMBS Rating Methodology.<\/p>

\nTo access ratings and relevant documents, click here<\/a>.<\/p>

\nClick here<\/a> to view the report.<\/p>

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