A&D Mortgage Trust (ADMT) 2025-NQM2

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
S-1PCF950.9067.60-AAAAAA--75.98%-WjjicG-Vdyqk-----
M-3LSX27.2302.58-N+S---37.40%-QygtvK-Dnxkx-----
Z-2MYW29.5992.30-O-PZ--6.70%--------
R-2JKM19.1249.48-FFYY---69.80%-GipggY-Fjlyx-----
R-1XUTO31.1142.40-HHH+GGG---28.77%-UjhpiO-Ymfot-----
T-1VLCU41.3009.20-BBB-XL--1.79%-GvqrrA-Dggju-----
Q-1HBM35.3277.10-ZZ-VS--5.73%-IysczU-Txhrn-----
Tranche Comments
S-1: First Pay: 2025-06-25; Registration: 144T/Hit Z; R-2: First Pay: 2025-06-25; Registration: 144V/Kax S; M-3: First Pay: 2025-06-25; Registration: 144B/Mpm W; R-1X: First Pay: 2025-06-25; Registration: 144K/Elj B; T-1V: First Pay: 2025-06-25; Registration: 144N/Mbm Q; Q-1: First Pay: 2025-06-25; Registration: 144U/Hfu F; Z-2: First Pay: 2025-06-25; Registration: 144O/Duy J;
Risk Retention
AZ - Pved NA/AA - Pve
Pricing Speed
25% KCM wm wme 4 Begd Kgdd (Xwes-Js Xgwe)

Commentary 

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Deal Flow 

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B&I

BWICS & Inventory

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TRACE

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Research