Core Points - KBRA has assigned preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2025-NQM6, a $494.4 million non-prime RMBS transaction sponsored by Rithm Capital Corp [1][2] - The underlying pool consists of 985 residential mortgages with a weighted average original credit score of 753, a weighted average loan-to-value (LTV) of 70.8%, and a weighted average combined LTV (CLTV) of 70.9% [2] Summary by Sections Transaction Overview - The NRMLT 2025-NQM6 transaction is valued at $494.4 million and is backed by a pool of 985 residential mortgages [1][2] - The primary originators of the mortgages are Champions Funding, LLC (36.0%) and NewRez LLC (34.9%), with all loans serviced by NewRez LLC [1] Borrower Characteristics - Borrowers in the NRMLT 2025-NQM6 pool have a non-zero weighted average original credit score of 753 [2] - The loans exhibit a weighted average original LTV of 70.8% and a weighted average combined LTV of 70.9% [2] - Approximately 6.6% of the pool has an initial interest-only period [2] Rating Methodology - KBRA's rating approach involved a loan-level analysis using its Residential Asset Loss Model (REALM), third-party loan file due diligence, cash flow modeling, and reviews of key transaction parties [3]

Credit Rating - S&P Global Ratings 为 Michael Saylor 的 Strategy 授予信用评级，这是首次为任何比特币 treasury 公司授予评级 [1] Bitcoin Treasury - Strategy 成为首家获得 S&P Global Ratings 信用评级的比特币 treasury 公司 [1]

Core Insights - KBRA has assigned preliminary ratings to eight classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-10, which is a $281.2 million non-prime RMBS transaction [1] - The underlying collateral consists of 608 residential mortgages, with a significant concentration of loans underwritten using alternative income documentation [1] - A notable 54.1% of the loans are classified as exempt from the Ability-to-Repay/Qualified Mortgage rule [1]

S&P Global Ratings’ upgrade of India’s credit rating comes at a crucial moment for the bond market, offering potential relief amid global uncertainty and mounting fiscal pressures https://t.co/dTTCIEK59A ...

Credit Rating - S&P Global给予Sky Protocol 'B-'信用评级 [1] Risk Assessment - 评级机构认为Sky Protocol存在中心化风险 [1] - 评级机构认为Sky Protocol存在流动性风险 [1]

Fannie Mae and Freddie Mac can now use the VantageScore 4.0 credit rating, potentially opening up mortgages to more renters, but also raising fears of more delinquencies. https://t.co/NBdzZYSdZ2 ...

Credit Rating - S&P Global Ratings upgrades Pakistan's credit rating [1] Economic Outlook - The upgrade cites better financial conditions in Pakistan [1] - The upgrade is a boost for the government's efforts to bolster the South Asian country's economy [1]