Kroll, Issuers Plan Non-QM Ratings, Other Agencies Unclear
Kroll Bond Ratings Agency is set to release a methodology explaining how it would rate residential mortgage-backed securities collateralized by loans that fall outside the Qualified Mortgage rule. A pool of high quality non-QM loans could obtain a AAA rating from the firm, senior director Michelle Patterson told SI. The agency may release the methodology as soon as this week or next.
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