NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA assigns preliminary ratings to 68 classes of mortgage-backed certificates from EFMT 2026-CNF1. EFMT 2026-CNF1 is a $294.1 million RMBS transaction, as of the cut-off date, sponsored by EFMT Sponsor LLC. The pool is secured entirely of first lien, owner-occupied (OO) properties underwritten to agency guidelines. The underlying pool is seasoned approximately two months and comprises 549 loans. All of the loans are originated and serviced by PennyMac Loan Services,