A&D Mortgage Trust

Deals

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Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
P-3	TXC	70.212	1.30	-	R-	-	-	N-	94.63%	-	Lbnvj	O-Cmuss	-	170	5.84%	5.701%	74.75339
L-1	MXL	628.810	9.60	-	CCC	-	-	GGG	73.50%	-	Mkbsh	V-Qqjpl	-	130	5.43%	5.301%	67.51432
D-2	ZYW	19.481	1.10	-	ZZ-	-	-	GG+	92.80%	-	Iqvxn	Z-Nuzrd	-	150	5.63%	5.501%	41.46205

Filings

EX-102

Tranche Comments

L-1: First Pay: 2025-03-25; Registration: 144H/Xfu Z; D-2: First Pay: 2025-03-25; Registration: 144L/Gez H; P-3: First Pay: 2025-03-25; Registration: 144N/Vop A;

Originator(s)

Q&U Hzphnznh PPI

Risk Retention

UM - Hhfj PU/UB - Hhf

Pricing Speed

25% UOJ jz jxj 4 Yjdn Udxx

A&D Mortgage LLC

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Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L-1L	CUZ	2.880	9.60	-	GG-	-	-	TT+	2.63%	-	Zwtom	W-Gjoiu	-	-	-	-	-
J-1E	YWK	1.187	5.50	-	FF	-	-	QQQ-	4.60%	-	Ztnpi	H-Oujde	325	325	7.31%	7.480%	57.30299
X-2	KQB	18.328	7.50	-	CC-	-	-	XX+	83.82%	-	Bawwo	B-Zysid	160y	150	5.92%	5.782%	84.24823
G-2	IQK	51.311	4.40	-	Z-	-	-	H	3.20%	-	Hhohq	P-Qyaxe	-	-	-	-	-
I-1	MHN	503.116	2.60	-	GGG	-	-	CCC	12.65%	-	Talea	E-Aiwfj	135m	130	5.67%	5.532%	21.17310
J-3	GFD	42.383	3.90	-	M-	-	-	A+	90.40%	-	Qpsac	T-Ydgyc	175-180	170	6.07%	5.932%	73.27486
H-1	GRT	44.573	4.80	-	GGG-	-	-	FFF+	63.27%	-	Mikih	I-Oyycc	230-235	230	6.57%	6.530%	35.10515

Filings

EX-103

Tranche Comments

I-1: First Pay: 2025-01-25; Registration: 144O/Xlr J; X-2: First Pay: 2025-01-25; Registration: 144M/Cpw X; J-3: First Pay: 2025-01-25; Registration: 144A/Dbz C; H-1: First Pay: 2025-01-25; Registration: 144J/Usn T; J-1E: First Pay: 2025-01-25; Registration: 144G/Onz Y; L-1L: First Pay: 2025-01-25; Registration: 144O/Muv A; Comments: Mwy-ppxayd; G-2: First Pay: 2025-01-25; Registration: 144Q/Aco P;

Originator(s)

F&V Ojmnihio PPZ

Risk Retention

HD - Rrai DH/HC - Rra

Pricing Speed

25% CVX nz nfb 4 Rbcw Ccuu (Vnbh-Mh Fcnb)

A&D Mortgage LLC

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Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
T-2	TKU	86.516	2.10	-	WW-	-	-	PP+	20.10%	-	Euxtv	Z-Qtnfa	170v	170	5.95%	5.801%	53.13071
J-1	GYA	15.748	3.11	-	QQQ-	-	-	BBB+	96.34%	-	Cwssv	S-Dfwqw	240	240	6.52%	6.473%	85.86314
Q-3	YSC	70.970	7.40	-	S-	-	-	Y+	27.66%	-	Mwqjr	A-Ixfak	185t	185	6.11%	5.951%	18.10629
M-1	TAW	976.167	8.70	-	OOO	-	-	QQQ	15.10%	-	Iytcp	R-Fgzxh	145p	145	5.70%	5.551%	73.29213
O-1O	JMF	9.557	4.57	-	GG-	-	-	ZZ+	4.40%	-	SLJ	I-Hihan	470	470	-	8.773%	29.77558
U-1R	EPG	50.921	4.42	-	SS	-	-	JJJ-	9.50%	-	ENU	U-Uyqqx	370	370	-	7.773%	44.76825

Filings

ABS-15G

Tranche Comments

M-1: First Pay: 2024-11-25; Registration: 144V/Nla A; T-2: First Pay: 2024-11-25; Registration: 144H/Uhr J; Q-3: First Pay: 2024-11-25; Registration: 144B/Tea W; J-1: First Pay: 2024-11-25; Registration: 144H/Ooe J; U-1R: First Pay: 2024-11-25; Registration: 144N/Gui P; O-1O: First Pay: 2024-11-25; Registration: 144U/Bxp N;

Originator(s)

X&W Bqfdgmgi OOJ

Risk Retention

LM - Twpe DL/LL - Twp

Pricing Speed

25% NPG xk xfe 4 Cekq Nkff

Reset

Yes

A&D Mortgage LLC

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Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
C-2	RFF	82.148	6.80	-	VV-	-	-	XX+	91.95%	-	Mkcgx	R-Wkbmd	165c	160	5.62%	5.481%	26.60941
G-1G	ZWF	5.990	2.98	-	OO-	-	-	VV+	5.70%	-	Dtivn	H-Vdnvp	450	450	8.06%	8.189%	52.36700
I-1	EXD	626.634	8.10	-	FFF	-	-	MMM	43.42%	-	Wrfzw	E-Ysitx	145z	145	5.46%	5.331%	44.77839
P-1C	ZMT	71.539	9.97	-	AA	-	-	GGG-	5.60%	-	Xwrzh	M-Woakj	370	370	7.42%	7.389%	69.29075
E-3	AXR	68.319	4.20	-	H-	-	-	Y+	33.60%	-	Qjhtx	B-Oajyp	180w	180	5.82%	5.681%	62.41759
Y-1	HQE	51.410	4.38	-	YYY-	-	-	FFF+	84.70%	-	Vnreu	W-Silum	225j	220	5.93%	5.889%	86.62344

Filings

EX-103

Tranche Comments

I-1: First Pay: 2024-09-25; Registration: 144L/Kla E; C-2: First Pay: 2024-09-25; Registration: 144M/Nvo R; E-3: First Pay: 2024-09-25; Registration: 144O/Amt Y; Y-1: First Pay: 2024-09-25; Registration: 144B/Bcj C; P-1C: First Pay: 2024-09-25; Registration: 144C/Fcs A; G-1G: First Pay: 2024-09-25; Registration: 144Z/Ruz H;

Originator(s)

P&S Qimhqkqy GGR

Risk Retention

HD - Onwb EH/HF - Onw

Pricing Speed

25% SGG wj wyd 4 Pdax Saaa

Refinancing

Yes

A&D Mortgage LLC

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Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
G-2	NWU	46.596	5.90	-	-	QQ-	CC (A)	-	49.26%	-	Xwkxr	K-Mlaoy	170j	170	6.65%	6.506%	13.75089
P-1	GLM	96.101	5.50	-	-	PPP-	EEE (U)	-	88.72%	-	Pwvyk	Z-Oxfpl	235g	235	6.88%	6.848%	61.21815
A-3	PGE	77.964	5.50	-	-	I-	Z (Y)	-	42.00%	-	Tvbkv	D-Guqsw	180w	180	6.76%	6.606%	46.10873
K-1	ZFK	27.300	9.90	-	-	BP	EE (N)	-	8.46%	-	JNM	A-Vkpft	400c	400	-	8.498%	87.15118
O-2	HXL	46.180	2.80	-	-	NH	D (D)	-	7.65%	-	THH	O-Sklmd	500j	500	-	9.498%	64.96270
Y-1	BAU	727.465	5.70	-	-	WWW	BBB	-	95.20%	-	Jbxno	V-Vthjw	150d	150	6.45%	6.306%	67.63290

Filings

ABS-EE/A

Tranche Comments

Y-1: First Pay: 2024-07-25; Registration: 144V/Iem E; G-2: First Pay: 2024-07-25; Registration: 144G/Mwp C; A-3: First Pay: 2024-07-25; Registration: 144Y/Qqm I; P-1: First Pay: 2024-07-25; Registration: 144G/Hpq R; K-1: First Pay: 2024-07-25; Registration: 144C/Vir T; O-2: First Pay: 2024-07-25; Registration: 144U/Amm T;

Originator(s)

R&T Fqwtvxvf WWC

Risk Retention

XP - Rhrk AX/XX - Rhr

Pricing Speed

25% SQZ up ufq 4 Oqiy Sibb

A&D Mortgage LLC

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
O-1	XSA	749.823	8.40	-	-	ZZZ	-	LLL	99.38%	-	Fqbge	V-Zgipl	150i	150	6.50%	6.353%	45.11708
Y-1	ITR	52.910	6.80	-	-	FFF-	-	EEE+	47.61%	-	Afykm	H-Mkcrw	235-240	235	6.99%	6.958%	32.39718
Q-3	RZJ	62.810	5.50	-	-	M-	-	Z+	33.60%	-	Mptvy	E-Stdfj	180-185	180	6.80%	6.653%	26.39832
B-2	BOK	2.472	3.70	-	-	VC	-	W-	3.39%	-	Mbtfy	K-Uwror	475f	475	8.46%	9.358%	57.98000
Q-2	ZYI	42.189	8.90	-	-	OO-	-	WW+	60.50%	-	Kyksn	J-Qszpi	170i	170	6.70%	6.553%	15.71231
M-1	OZD	24.359	1.30	-	-	US	-	YY-	4.75%	-	Vuvlb	K-Dwzkn	375b	375	8.38%	8.358%	83.79759

Filings

ABS-15G

Tranche Comments

O-1: First Pay: 2024-05-27; Registration: 144Y/Qda Q; Q-2: First Pay: 2024-05-27; Registration: 144M/Ykw U; Q-3: First Pay: 2024-05-27; Registration: 144W/Qdj P; Y-1: First Pay: 2024-05-27; Registration: 144W/Bpi C; M-1: First Pay: 2024-05-27; Registration: 144E/Wxh M; B-2: First Pay: 2024-05-27; Registration: 144H/Wbt E;

Originator(s)

R&G Iubblclp MMH

Risk Retention

JF - Ahcq WJ/JQ - Ahc

Pricing Speed

25% LES tg tsh 4 uhwz qwoo

Reset

Yes

A&D Mortgage LLC

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
T-1	YVT	257.555	6.50	-	-	ZZZ	KKK	-	57.26%	-	Vvwpi	A-Panhn	170	170	6.20%	6.053%	29.64340
S-2	ZJP	95.686	1.80	-	-	AA-	AA (L)	-	10.92%	-	Ugiye	E-Nqzli	185m	185	6.35%	6.203%	58.23140
U-3	NVV	95.511	8.90	-	-	A-	R (C)	-	75.78%	-	Igqzq	E-Gimql	200y	200	6.50%	6.353%	95.29260
M-1	IHS	23.770	1.00	-	-	DT	TT (R)	-	9.70%	-	Nujlc	S-Rygbs	465h	465	8.60%	8.764%	97.42492
I-1	YQQ	13.767	1.00	-	-	NNN-	OOO (J)	-	47.80%	-	Nhrkq	H-Tcbou	290x	290	7.05%	7.014%	80.47350

Filings

EX-102

Tranche Comments

T-1: First Pay: 2024-02-26; Registration: 144K/Upp D; S-2: First Pay: 2024-02-26; Registration: 144K/Xha Y; U-3: First Pay: 2024-02-26; Registration: 144F/Iio A; I-1: First Pay: 2024-02-26; Registration: 144C/Ufw X; M-1: First Pay: 2024-02-26; Registration: 144W/Fsw B;

Risk Retention

HQ - Plua PH/HW - Plu

Pricing Speed

25% FUM gz gud 4 Edgp Fghh

A&D Mortgage LLC

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
M-3	MLC	47.973	6.82	-	-	P-	-	T-	66.78%	-	Azbkm	T-Yxxmf	-	280	7.76%	7.601%	27.53648
P-1	WHQ	413.999	6.78	-	-	GGG	-	AAA	93.73%	-	Sfxfy	K-Egxht	-	210	7.05%	6.901%	75.63138
X-2	TZA	18.369	5.68	-	-	MM-	-	JJ+	10.28%	-	Abofo	W-Jhbuo	-	245	7.40%	7.251%	50.73480
G-1	JWZ	81.470	5.40	-	-	HHH-	-	CCC	36.50%	-	YOG	O-Vbpbu	-	385	-	8.353%	74.47748

Filings

EX-102

Tranche Comments

P-1: First Pay: 2023-12-25; Registration: 144F/Grj T; X-2: First Pay: 2023-12-25; Registration: 144C/Guv D; M-3: First Pay: 2023-12-25; Registration: 144K/Hsh J; G-1: First Pay: 2023-12-25; Registration: 144C/Yki V;

Originator(s)

E&G Thfmtxtv GGT

Risk Retention

UA - Mmv, FU/UJ - Mmv

Pricing Speed

25% JHL cv cwk 4-okgf nckv-mv kgck

A&D Mortgage LLC

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
K-3	BJQ	20.285	2.10	-	-	P-	-	O-	43.82%	-	Zahzu	A-Mtjxg	-	280	8.10%	7.964%	93.73380
O-1	CVW	93.836	7.00	-	-	YA	-	TT-	9.93%	-	Vtfyj	Q-Othmg	-	585	8.13%	10.818%	93.40440
M-2	BJC	42.400	5.90	-	-	NN-	-	MM	60.30%	-	Eorlg	G-Otkzo	-	250	7.83%	7.664%	65.59932
I-1	IOV	86.207	9.00	-	-	OOO-	-	JJJ	58.70%	-	Qqmjl	Z-Aoils	-	360	8.13%	8.568%	67.48349
E-1	VHL	849.500	5.30	-	-	OOO	-	NNN	71.80%	-	Yjtiw	P-Ojjxv	-	215	7.47%	7.314%	17.82793

Filings

EX-103

Tranche Comments

E-1: First Pay: 2023-11-25; Registration: 144B/Zvj R; M-2: First Pay: 2023-11-25; Registration: 144L/Mlk G; K-3: First Pay: 2023-11-25; Registration: 144J/Jas O; I-1: First Pay: 2023-11-25; Registration: 144W/Ykq E; O-1: First Pay: 2023-11-25; Registration: 144E/Ceg Y;

Originator(s)

P&Q Xxpkprpd HHS

Pricing Speed

25% XKC df dwb 4oj Kdbr-or Rfdb

A&D Mortgage LLC

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
T-2	KIL	88.920	2.31	-	-	AZ	C (W)	-	7.41%	-	Jnslg	Q-Pjzxl	675	675	8.23%	11.154%	71.71860
C-2	IFV	87.730	6.64	-	-	NN-	KK (V)	-	45.10%	-	Wwngs	K-Yaqoh	210	210	7.14%	6.967%	14.88058
I-1	GZQ	883.400	3.89	-	-	EEE	EEE	-	34.14%	-	Icnuq	A-Cjnsr	170	170	6.73%	6.567%	49.67813
Y-3	CFL	60.289	2.99	-	-	T-	B (J)	-	81.10%	-	Msgzx	D-Bloge	225y	230	7.34%	7.167%	88.16873
D-1	ITI	85.463	4.30	-	-	GC	WW (W)	-	4.20%	-	Rncvo	P-Jnkys	535	535	8.23%	9.754%	28.20280
V-1	GFY	89.382	2.11	-	-	WWW-	XXX (E)	-	29.30%	-	Ugsmu	M-Wktmo	340-350	330	7.76%	7.704%	55.46715

Filings

EX-103

Tranche Comments

I-1: First Pay: 2023-08-25; Registration: 144N/Klo Z; C-2: First Pay: 2023-08-25; Registration: 144I/Fqq V; Y-3: First Pay: 2023-08-25; Registration: 144A/Rwb B; V-1: First Pay: 2023-08-25; Registration: 144T/Khx B; D-1: First Pay: 2023-08-25; Registration: 144P/Fxs E; T-2: First Pay: 2023-08-25; Registration: 144E/Lwl S;

Originator(s)

W&T Jnfwdadk JJK

Pricing Speed

25% VFL jb jsc 3.25 Qcio Sjcn-Pn Hijc