KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2026-10 (SEMT 2026-10)

Source Summary

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 102 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-10 (SEMT 2026-10), a $740.4 million prime RMBS transaction. The pool is comprised of 586 first-lien, fully amortizing fixed rate mortgages with mostly 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 777 and moderate borrower equity, with a WA original LTV and WA original CLTV of 69.8% and 69.