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KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2026-NQM10 (NRMLT 2026-NQM10)

Business Wire•02/10/2026•10:52 ET
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Key Highlights

  • ➤$494.0 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (RITM)
  • ➤KBRA assigns preliminary ratings to 10 mortgage-backed note classes
  • ➤897 residential mortgages collateralize NRMLT 2026-NQM10
  • ➤NewRez LLC originated 56.6% of the underlying mortgage pool
  • ➤Shellpoint Mortgage Servicing will service all loans

KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2026-NQM10 (NRMLT 2026-NQM10)

KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2026-NQM10 (NRMLT 2026-NQM10), a $494.0 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 primarily originated by NewRez LLC (56.6%). In addition, all loans will be serviced by Shellpoint Mortgage Servicing, a brand and affiliate of NewRez LLC.

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