KBRA Assigns Preliminary Ratings to Flagstar Mortgage Trust 2018-2 (FSMT 2018-2)

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 28 classes of mortgage pass-through certificates from Flagstar Mortgage Trust 2018-2 (FSMT 2018-2), a prime RMBS transaction with both non-agency jumbo (57.2%) and high-balance conforming (42.8%) mortgage loans. The FSMT 2018-2 pool comprises 1,097 first-lien, prime residential mortgage loans with an aggregate principal balance of $704,069,156 as of the cut-off date. The collateral consists entirely of ful