{"id":20654,"date":"2026-06-13T02:07:00","date_gmt":"2026-06-13T00:07:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=e472ba10f9f1f2ba7b657d90c3340492"},"modified":"2026-06-13T02:07:00","modified_gmt":"2026-06-13T00:07:00","slug":"kbra-assigns-preliminary-ratings-to-obx-2026-ahc2-trust","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=20654","title":{"rendered":"KBRA Assigns Preliminary Ratings to OBX 2026-AHC2 Trust"},"content":{"rendered":"<p>NEW YORK--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/creditratingagency?src=hash\" >#creditratingagency<\/a>--KBRA assigns preliminary ratings to 65 classes of mortgage pass-through notes from OBX 2026-AHC2 Trust, a prime agency-eligible RMBS transaction sponsored by Onslow Bay Financial LLC, that is fully originated and serviced by AmeriHome Mortgage Company, LLC (AmeriHome). This transaction is comprised of 599 residential mortgages with an aggregate unpaid principal balance (UPB) of approximately $340.0 million as of the June 1, 2026 cut-off date. The underlying collateral consists primarily of 30-year fixed-rate qualified mortgages (FRMs).<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260612353754\/en\/2830754\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260612353754\/en\/2830754\/22\/kbra-logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260612353754\/en\/2830754\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260612353754\/en\/2830754\/21\/kbra-logo.jpg\" \/><\/a><p>\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><p>\nTo access ratings and relevant documents, click <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Ftransaction%2F69477%2Fratings&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=cc685b100ad8ef815c4fff1e17a46b2b\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nClick <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FTXkGkZLp%2Fobx-2026-ahc2-trust-pre-sale-report%3F&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=f0d3a6008a14d3bea441c0fbb10f2c54\" rel=\"nofollow\" shape=\"rect\">here<\/a> to view the report.<\/p><p>\n<strong>Recent Publications<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FcVCRCpSc%2Frmbs-kcat&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=RMBS+KCAT&amp;index=3&amp;md5=5d989935832d2135ac660f25dbd7591d\" rel=\"nofollow\" shape=\"rect\">RMBS KCAT<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FgtgqJyMy%2Fobx-2026-ahc2-trust-tear-sheet%3Fformat%3Dfile&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=OBX+2026-AHC2+Trust+Tear+Sheet&amp;index=4&amp;md5=3f06a49be88fb6c6b937d8fadc5b6579\" rel=\"nofollow\" shape=\"rect\">OBX 2026-AHC2 Trust Tear Sheet<\/a><\/li>\n<\/ul><p>\n<strong>Methodologies<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FJJsPBnKx&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=RMBS%3A+U.S.+RMBS+Rating+Methodology&amp;index=5&amp;md5=e6131b9ba92bc1682f5b795c520d1f83\" rel=\"nofollow\" shape=\"rect\">RMBS: U.S. RMBS Rating Methodology<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FRjVgkPtk&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=Structured+Finance%3A+Global+Structured+Finance+Counterparty+Methodology&amp;index=6&amp;md5=eb9453625b5ca3f5f34e16e86691836a\" rel=\"nofollow\" shape=\"rect\">Structured Finance: Global Structured Finance Counterparty Methodology<\/a><\/li>\n<\/ul><p>\n<strong>Disclosures<\/strong><\/p><p>\nFurther information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FJZRHwTBd%2F&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=ESG+factors&amp;index=7&amp;md5=abff97b384dc73301779101ec36fe438\" rel=\"nofollow\" shape=\"rect\">ESG factors<\/a> (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above.<\/p><p>\nA description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Ftransaction%2F69477%2Fdisclosures&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=here&amp;index=8&amp;md5=fcc6cee46de591255d3734582f6ae206\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nInformation on the meaning of each rating category can be located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Funderstanding-ratings%2Frating-scales%2Flong-term-credit-rating&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=here&amp;index=9&amp;md5=e41c46023b41fb0ca8b87c946b991d72\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nFurther disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com&amp;esheet=54553134&amp;newsitemid=20260612353754&amp;lan=en-US&amp;anchor=www.kbra.com&amp;index=10&amp;md5=d1a0b386b8278698adf0b3e601a454d6\" rel=\"nofollow\" shape=\"rect\">www.kbra.com<\/a>.<\/p><p>\n<strong>About KBRA<\/strong><\/p><p>\nKroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan\u2019s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.<\/p><p>\nDoc ID: 1015520<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<strong>Analytical Contacts<\/strong><\/p><p>\nAbou Traore, Associate Director (Lead Analyst)\n<br\/>+1 646-731-1258\n<br\/><a  href=\"mailto:abou.traore@kbra.com\" rel=\"nofollow\" shape=\"rect\">abou.traore@kbra.com<\/a><\/p><p>\nColleen Kelley, Senior Analyst\n<br\/>+1 646-731-1389\n<br\/><a  href=\"mailto:colleen.kelley@kbra.com\" rel=\"nofollow\" shape=\"rect\">colleen.kelley@kbra.com<\/a><\/p><p>\nEdward DeVito, Senior Managing Director (Rating Committee Chair)\n<br\/>+1 646-731-2319\n<br\/><a  href=\"mailto:edward.devito@kbra.com\" rel=\"nofollow\" shape=\"rect\">edward.devito@kbra.com<\/a><\/p><p>\n<strong>Business Development Contact<\/strong><\/p><p>\nDaniel Stallone, Managing Director\n<br\/>+1 646-731-1308\n<br\/><a  href=\"mailto:daniel.stallone@kbra.com\" rel=\"nofollow\" shape=\"rect\">daniel.stallone@kbra.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;#creditratingagency&#8211;KBRA assigns preliminary ratings to 65 classes of mortgage pass-through notes from OBX 2026-AHC2 Trust, a prime agency-eligible RMBS transaction sponsored by Onslow Bay Financial LLC, that is fully origin&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20654","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/20654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20654"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/20654\/revisions"}],"predecessor-version":[{"id":20655,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/20654\/revisions\/20655"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}