New Residential Mortgage Loan Trust 2019-NQM4: Presale Report

DBRS, Inc. (DBRS) assigned provisional ratings to New Residential Mortgage Loan Trust 2019-NQM4 (NRMLT 2019-NQM4 or the Trust), a securitization of a portfolio of fixed- and adjustable-rate, prime, expanded prime and non-prime first-lien residential mortgages funded by the issuance of the Mortgage-Backed Notes, Series 2019-NQM4 (the Notes). The Notes are backed by 734 loans with a total principal balance of $380,598,970 as of the Cut-Off Date (September 1, 2019).