KBRA Assigns Preliminary Ratings to OBX 2026-HYB1 Trust
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KBRA has assigned preliminary ratings to nine classes of mortgage-backed notes from the OBX 2026-HYB1 Trust, which includes 385 seasoned hybrid adjustable-rate mortgages (ARMs) totaling $309.4 million. Approximately 85% of the loans are classified as Qualified Mortgages (QM). The top originators are Ally Bank and Zions Bancorporation. KBRA's rating methodology involved detailed loan-level analysis and cash flow modeling, as outlined in their U.S. RMBS Rating Methodology. Further details and related documents are available in the full rating report.
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