KBRA Assigns Preliminary Ratings to Velocity Commercial Capital Loan Trust 2018-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of Velocity Commercial Capital Loan Trust 2018-1 (VCC 2018-1) mortgage-backed certificates. VCC 2018-1 is a $186.1 million securitization collateralized by 578 commercial loans secured by mortgages on 578 small balance residential rental and commercial real estate (CRE) properties. The pool consists of adjustable-rate, full recourse loans, all of which fully amortize over their respective terms