NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns preliminary ratings to 13 classes of mortgage-backed notes from OBX 2026-NQM14 Trust, a $934.5 million non-prime RMBS transaction. The underlying collateral, comprising 1,654 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 91.9% and 8.1% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 38.9%) or exempt (45.6%) from the Ability-to-Repay