-
Copy of 11/15/23 BW E2E Test - ABS Research PR - SP: Send
Copy of 11/15/23 BW E2E Test - ABS Research PR - SP: Send
Share
NEW YORK--(BUSINESS WIRE)--About KBRA
KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.
Doc ID: 1005364
Contacts
Contact
Alejandro Ortega,
defaultemail@kbra.com
Business Development Contact
Constantine Schidlovsky, Senior Director
+1 646-731-1338
constantine.schidlovsky@kbra.com
More News From Kroll Bond Rating Agency, LLC
KBRA Assigns Preliminary Ratings to LAD Auto Receivables Trust 2024-1
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to four classes of notes (seven tranches) issued by LAD Auto Receivables Trust 2024-1 ("LADAR 2024-1"), an auto loan ABS transaction. LADAR 2024-1 represents the seventh overall ABS securitization for Driveway Finance Corporation ("DFC" or the "Company"), and first of 2024. LADAR 2024-1 will issue four classes of notes (seven tranches) totaling $329.43 million. Credit enhancement on the notes is comprised of overcollateralization (”OC”...
KBRA Assigns Preliminary Ratings to Verus Securitization Trust 2023-7 (VERUS 2023-7)
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Verus Securitization Trust 2023-7 (VERUS 2023-7), a $669.2 million non-prime RMBS transaction. The underlying collateral, comprising 1,284 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 736 and exhibit moderate equity in each...
KBRA Assigns Preliminary Ratings to Verus Securitization Trust 2023-7 (VERUS 2023-7)
NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to six classes of mortgage pass-through notes from Verus Securitization Trust 2023-7 (VERUS 2023-7), a $669.2 million non-prime RMBS transaction. The underlying collateral, comprising 1,284 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 736 and exhibit moderate equity in each...