DUBLIN–(BUSINESS WIRE)– #creditratingagency–KBRA Europe (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Merrion Square Residential 2026-1 DAC, a static RMBS securitisation collateralised by predominantly first lien, reperforming mortgage loans. As of 30 June 2026, the underlying collateral comprises a €635.2 million portfolio of secured mortgage loans. These mortgages are largely secured by owner-occupied properties (77.1%) and buy-to-let properties (21.3%) located in Ireland, with on