2025-NQM1

Morgan Stanley Residential Mortgage Loan Trust (MSRM) 2025-NQM1

C/P

Sector

Status

Deal Name

Parent

Leads

Region

Date

Morgan Stanley

Class	CCY	SIZE (M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	IPT	GDNC	SPRD	CPN	YLD	PRICE
A-1-A	ITB	3.910	3.17	-	HJ	-	-	OO	6.62%	-	Uqsjf	W-Ikqxn	-	365-375	365	7.16%	8.053%	74.19101
N-2	HKD	94.799	5.86	-	AA-	-	-	II+	86.50%	-	Oiioh	V-Kfduh	-	145-150	150	5.94%	5.802%	27.24984
N-1	QEO	841.220	2.10	-	LLL	-	-	VVV	55.00%	-	Vvmeh	F-Loyix	-	130	130	5.74%	5.602%	22.65576
C-1-Y	THS	5.809	7.33	-	UQ	-	-	MMM-	7.30%	-	Xugnp	X-Zbncj	-	255-265	250	6.94%	6.903%	97.71221
Y-3	IWA	81.345	8.67	-	C-	-	-	R	43.10%	-	Tbpzt	V-Labsh	-	170	170	6.14%	6.002%	70.48097
X-1	BRP	98.735	3.15	-	XXX-	-	-	DDD	2.10%	-	Vulsm	U-Xkdxt	-	205-210	205	6.50%	6.453%	61.67644

Filings

ABS-15G

Tranche Comments

N-1: First Pay: 2025-02-25; Registration: 144B/Vjk N; N-2: First Pay: 2025-02-25; Registration: 144N/Iet Q; Y-3: First Pay: 2025-02-25; Registration: 144N/Tlt J; X-1: First Pay: 2025-02-25; Registration: 144C/Ncz J; C-1-Y: First Pay: 2025-02-25; Registration: 144Q/Ctx Q; A-1-A: First Pay: 2025-02-25; Registration: 144H/Mvy T;

Originator(s)

Wts Wrzc TTW, KWNLN Wocbttzl TTW

Risk Retention

MJ - Die

Pricing Speed

25% IWR ws 4 ojgp pgmm

Refinancing

Yes