PRMI Securitization Trust 2024-CMG1: Presale Report

DBRS, Inc. (Morningstar DBRS) assigned provisional credit ratings to PRMI Securitization Trust 2024-CMG1, a securitization of a portfolio of newly originated and seasoned, performing, adjustable-rate, interest-only, open-ended, revolving first-lien line of credit loans funded by the issuance of mortgage-backed notes.