(Fort Lauderdale, FL) – AD Mortgage, an issuer of Non-QM Residential Mortgage-Backed Securities (RMBS), is pleased to announce the closing of its fourth securitization of the year, AD Mortgage Trust 2025-NQM4 (ADMT 2025-NQM4), on September 30, 2025.
The $435.4 million transaction marks Imperial Fund Asset Management’s (“Imperial Fund”) and AD Mortgage’s 27th securitization issued with AD-originated collateral.
This is the seventh securitization sponsored by Atlas AD Opportunity Fund III (Imperial Fund’s most recent investment vehicle established in partnership with Atlas Merchant Capital).
This transaction is the second securitization accomplished collaboration with Canyon Partners, who made a capital commitment of $250 million to be deployed to sponsor ADMT non-agency loans securitizations. F
or more details, please see the press release
here.
The ADMT 2025-NQM4 transaction underscores the continued development of Imperial Fund’s and AD Mortgage's securitization platform, providing investors with access to diversified pools of high-quality mortgage-backed securities.
Key Highlights of ADMT 2025-NQM4
- Transaction Volume: $435.4 million
- Loan Count: 1,296
- Loan Origination: All loans originated by AD Mortgage or its qualified correspondents
- Average Borrower Credit Score: 744
- Weighted Average Combined Loan-to-Value (CLTV): 68.49%
- Credit Enhancement: Excess spread and subordination to protect senior certificates
- Servicer: AD Mortgage LLC
The transaction is rated by both
S&P Global and
KBRA, and features a split AAA-rated tranche,
highlighting the strength of the underlying loan pool and the credit enhancement structure.
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About Imperial Fund Asset Management
Imperial Fund Asset Management (“Imperial Fund”) is the asset manager for Imperial Funds founded in 2014 and headquartered in Fort Lauderdale, FL.
Imperial Fund seeks to achieve attractive risk-adjusted returns by exploiting inefficiencies in the residential real estate lending market. Imperial Fund acquires and manages
investment portfolios primarily comprised of mortgage loans, real estate debt securities, loans, and related instruments.
Imperial Fund’s team combines a deep understanding of credit, loan level analysis, acquisition and management of mortgage loans,
and mortgage origination platforms. Imperial Fund employees bring more than 100 years of combined experience in residential mortgage origination, asset and risk management, finance, capital markets, and structured finance.
About AD Mortgage
As a premier direct lender,
AD Mortgage offers a full spectrum of Conventional,
Government, and Non-QM loan products with 24-hour turnaround times and some of the most competitive rates in the industry. In addition to their Prime Jumbo loan product, AD Mortgage offers programs for Prime borrowers, Foreign National borrowers.
Programs with no income verification are also offered for investment property loans. The company offers free concierge services, bank statement reviews, marketing tools and resources, and more to support the brokers they serve.
In 2024, AD Mortgage received several prestigious industry awards, including being officially verified as the
#1 Non-QM Lender and a
Top 3 DSCR
and
Bank Statement Lender by Scotsman Guide.
They were also named a
Top 10 Wholesale Lender by Forbes, awarded a
Stevie for Innovative Mortgage Technologies, and received a
Globee for Achievement in Artificial Intelligence.
AD Mortgage, LLC is an Equal Housing Lender. NMLS ID #958660. 899 W Cypress Creek Rd, Fort Lauderdale, FL 33309. For important disclosures and state licensing information:
https://admortgage.com/important-disclosures/
About Atlas Merchant Capital
Atlas Merchant Capital LLC, founded in 2013 by Bob Diamond and David Schamis, is an alternative asset management company with offices in New York and London. Atlas invests globally in compelling opportunities,
particularly within the financial services sector, through a diverse range of funds, including private equity, credit opportunities, and SPAC-focused products.
The firm’s investment strategy is rooted in a long-term, partnership-based approach, leveraging its operating and technical expertise. Atlas’s executive team brings decades of experience from top-tier global financial institutions,
including Barclays Capital, Cerberus Capital Management, Citigroup, J.C. Flowers & Co, and Fortress Investment Group. For additional information, please visit
atlasmerchantcapital.com
This is not financial advice. Please consult your financial professional to determine the investment options most appropriate for your financial situation. Please visit our
disclaimer page to learn more.
