Kroll Bond Rating Agency Assigns Preliminary Ratings to Verus Securitization Trust 2017-1 (VERUS 2017-1)

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of mortgage pass-through certificates from Invictus Capital Partners, LP’s (Invictus) inaugural non-prime RMBS securitization, Verus Securitization Trust 2017-1 (VERUS 2017-1). VERUS 2017-1 is the second shelf to issue a rated transaction backed by non-prime mortgages following the financial crisis. The VERUS 2017-1 mortgage pool comprises 289 first-lien mortgage loans with an aggregate princip