NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 11 classes of mortgage-backed notes from BINOM 2026-NQM1 Trust, an RMBS transaction issued by SLC BINOM Sponsor LLC as seller/sponsor which includes a meaningful concentration of collateral that KBRA considers to be “non-prime.” The $309.3 million RMBS transaction is collateralized by a pool of 670 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 99.9% and 0.1% of the pool
KBRA Assigns Preliminary Ratings to BINOM Mortgage Loan Trust 2026-NQM1 (BINOM 2026-NQM1)
