Rating Report

PRPM 2023-NQM3 Trust: Rating Report

RMBS

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Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on PRPM 2023-NQM3 Trust, a securitization of a portfolio of fixed- and adjustable-rate expanded prime and nonprime first-lien residential mortgages funded by the issuance of the Mortgage Pass-Through Certificates, Series 2023-NQM3. The Certificates are backed by 516 mortgage loans with a total principal balance of $ 236,428,733 as of the Cut-Off Date (November 30, 2023).

Available Documents