KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2025-NQM5 (NRMLT 2025-NQM5)

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM5 (NRMLT 2025-NQM5), a $500.9 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 Champions Funding, LLC (31.9%), NewRez LLC (24.8%), and Ho ...