2025-NQM2

Santander Mortgage Asset Receivable Trust (SAN) 2025-NQM2

C/P

Sector

Status

Deal Name

Parent

Leads

Region

Date

Banco Santander SA

Class	CCY	SIZE (M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	IPT	GDNC	SPRD	CPN	YLD	PRICE
B-1	CEM	983.425	2.80	-	DDD	-	-	MMM	97.45%	-	Ycgba	K-Wqdqb	170k	165y	160	5.73%	5.598%	15.18239
B-2	RCE	1.961	1.49	-	S	-	-	R	6.20%	-	LEN	T-Ooumf	Ooo 500t	Ezq 500u	500	-	9.041%	56.19610
F-1	NAP	55.900	9.21	-	CCC	-	-	III	9.14%	-	Aunve	W-Yfpdr	280-285	280x	275	6.83%	6.791%	50.96941
U-2	PBL	37.754	8.40	-	NN	-	-	KK	61.86%	-	Sfoyu	Z-Aywbr	190h	180-185	180	5.94%	5.798%	89.98173
C-3	MXW	92.950	7.20	-	H+	-	-	R	32.70%	-	Oyzyw	W-Btztb	210o	200d	190	6.04%	5.898%	23.50929
E-1	OAT	4.590	5.56	-	RR	-	-	RR+	5.95%	-	IHG	W-Dirsy	400m	-	400	-	8.041%	60.77919

Tranche Comments

B-1: First Pay: 2025-05-27; Registration: 144T/Oaz O; U-2: First Pay: 2025-05-27; Registration: 144A/Qya H; C-3: First Pay: 2025-05-27; Registration: 144Q/Yll J; F-1: First Pay: 2025-05-27; Registration: 144A/Wvb V; E-1: First Pay: 2025-05-27; Registration: 144U/Jsz B; B-2: First Pay: 2025-05-27; Registration: 144N/Kmx A;

Risk Retention

NO - Vxah PN/NL - Vxa

Pricing Speed

25% COM gb 4 sjtb ttmm