KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2026-NQM11 (NRMLT 2026-NQM11)
NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2026-NQM11 (NRMLT 2026-NQM11), a $497.2 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were originated by NewRez LLC (66.5%) and Cake Mortgage Corp (33.5%). In addition, all loans