NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns preliminary ratings to five classes of notes issued by BHG Securitization Trust 2026-3CON (“BHG 2026-3CON”), an asset-backed securitization collateralized by a pool of unsecured consumer loans (“Consumer Loans”). BHG 2026-3CON will issue five classes of notes totaling $396.72 million. BHG 2026-3CON has initial credit enhancement levels of 48.00% for the Class A notes to 1.50% for the Class E notes. Initial credit enhancement consists of subordination of j