securitization

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM, “Rithm Capital” or the “Company”), a global, multi-dimensional asset manager with deep experience investing in real estate and credit, today announced the close of NRMLT 2025-NQM3, a $504 million securitization backed by a pool of non-qualified residential mortgage (“Non-QM”) loans. The loans are serviced by Rithm’s subsidiary, Newrez LLC, one of the largest mortgage servicers in the US. NRMLT 2025-NQM3 is collateralized by a pool of 1

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to four classes of notes issued by Upstart Securitization Trust 2025-2 (“UPST 20252”), a $294.51 million consumer loan ABS collateralized by unsecured consumer loans. The preliminary ratings reflect initial credit enhancement levels of 58.75% for the Class A notes, 45.90% for the Class B notes, 36.20% for the Class C notes and 20.50% for the Class D notes. Credit enhancement consists of overcollateralization, excess spread, a non-decli

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of refinancing notes issued by Hildene TruPS Resecuritization A11BC, LLC (HTR-A11BC), a securitization of the Class C-1, C-2 and C-3 notes from ALESCO Preferred Funding XI, LTD. (“ALESCO XI”) HTR-A11BC is expected to have an initial collateral notional value of $101.7 million, while the total outstanding notional value of the Class C-1, C-2 and C-3 notes of $117.0, inclusive of outstanding accumulated deferred interest