KBRA Assigns Preliminary Ratings to A&D Mortgage Trust 2026-NQM6 (ADMT 2026-NQM6)

Source Summary

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage pass-through certificates from ADMT 2026-NQM6, a $411.3 million non-prime RMBS transaction sponsored by Atlas A&D Opportunity Fund III LP, with all of the loans being originated by A&D Mortgage, LLC or one of its qualified correspondents. The underlying collateral, comprising 1,043 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income docu