KBRA Assigns Preliminary Ratings to Flagstar Mortgage Trust 2018-3INV (FSMT 2018-3INV)

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 22 classes of mortgage pass-through certificates from Flagstar Mortgage Trust 2018-3INV (FSMT 2018-3INV), the first prime RMBS transaction consisting entirely of agency-eligible, investment property loans, to KBRA’s knowledge. The FSMT 2018-3INV pool comprises 1,077 first-lien, prime residential mortgage loans with an aggregate principal balance of $329,047,681 as of the May 1, 2018 cut-off date. The colla