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(Fort Lauderdale, FL) – A&D Mortgage, the #1 Non-QM lender in the United States, has issued its latest securitization, A&D Mortgage Trust 2024-NQM5 (ADMT 2024-NQM5). The transaction, valued at $390.6 million, is backed by a pool of 1,171 mostly newly originated non-prime residential mortgages, and closed on October 31, 2024.

NEW YORK, NY / FORT LAUDERDALE, FL – SEPTEMBER 17, 2024 – Atlas Merchant Capital LLC (“Atlas”), a global alternative investment firm based in New York and London, A&D Mortgage, LLC (“A&D”), a leading nationwide wholesale lender, and Imperial Fund Asset Management (“Imperial”), a residential mortgage investment manager and a capital markets advisor, today announced a joint venture partnership (“JV”) between A&D Mortgage and Atlas Merchant Capital that will support the expansion of A&D’s $7 billion mortgage securitization platform.

ADMT 2024-NQM4: $369M deal that closed August 29th, 2024, with a 740 weighted average credit score and 70.7% weighted average loan to value. 70.7% of the loans in this pool were purchases with the rest being refinances. 2024-NQM4 had a 8.4% weighted average mortgage interest rate with 38.8% of the pool in Florida, 11% in New York and 9.5% in California. 54.58% of the properties in this pool were owner occupied, 43.87% were investment properties and 1.55% second homes.

ADMT 2024-NQM3: $403M deal that closed June 14th, 2024, with a 736 weighted average credit score and 70.59% weighted average loan to value. 67.36% of the loans in this pool were purchases with the rest being refinances. 2024-NQM3 had a 8.4% weighted average mortgage interest rate with 40% of the pool in Florida, 14% in New York and 11% in California. 51.77% of the properties in this pool were owner occupied, 44.85% were investment properties and 3.38% second homes.

ADMT 2024-NQM1: $401M deal that closed April 17th, 2024, with 731 weighted average credit score and 70.69% weighted average loan to value. 67.74% of the loans in this pool were purchases with the rest being refinances. 2024-NQM2 had a 8.84% weighted average mortgage interest rate with 40.7% of the pool in Florida, 13.7% in New York and 13% in California. 54.27% of the properties in this pool were owner occupied, 45% were investment properties and 0.74% second homes.

ADMT 2023-NQM5: $393M deal that closed January 25th, 2024, with 735 weighted average credit score and 71.66% weighted average loan to value. 72.21% of the loans in this pool were purchases with the rest being refinances. 2024-NQM1 had a 8.98% weighted average mortgage interest rate with 39% of the pool in Florida, 15% in New York and 13% in California. 55.5% of the properties in this pool were owner occupied, 43% were investment properties and 1.5% second homes.

ADMT 2023-NQM5: $417M deal that closed November 22nd, 2023, with 737 weighted average credit score and 72.17% weighted average loan to value. 75.07% of the loans in this pool were purchases with the rest being refinances. 2023-NQM5 had a 8.57% weighted average mortgage interest rate with 40% of the pool in Florida, 18% in New York and 13% in California. 52.4% of the properties in this pool were owner occupied, 44.5% were investment properties and 3.1% second homes.

ADMT 2023-NQM4: $384M deal that closed October 26th, 2023, with 737 weighted average credit score and 73.03% weighted average loan to value. 74.19% of the loans in this pool were purchases with the rest being refinances. 2023-NQM4 had a 8.5% weighted average mortgage interest rate with 40% of the pool in Florida, 18% in New York and 12% in California. 54.5% of the properties in this pool were owner occupied, 44% were investment properties and 1.5% second homes.

ADMT 2023-NQM3: $371M deal that closed July 27th, 2023, with 734 weighted average credit score and 72.19 weighted average loan to value. 74.52% of the loans in this pool were purchases with the rest being refinances. 2023-NQM3 had a 8.6% weighted average mortgage interest rate with 38.1% of the pool in Florida, 16.8% in New York and 18.2% in California. 61.6% of the properties in this pool were owner occupied, 34.9% were investment properties and 2.4% second homes.

ADMT 2023-NQM2: $379M deal that closed May 4th, 2023, with 733 weighted average credit score and 71.33 weighted average loan to value. 66.58% of the loans in this pool were purchases with the rest being refinances. 2023-NQM2 had a 9% weighted average mortgage interest rate with 43.3% of the pool in Florida, 21% in New York and 12% in California. 44% of the properties in this pool were owner occupied, 53% were investment properties and 3% second homes.

IMPRL 2023-NQM1: $364.8M deal that closed February 7th, 2023, with 735 weighted average credit score and 72.39 weighted average loan to value. 70.53% of the loans in this pool were purchases with the rest being refinances. 2023-NQM1 had a 8.7% weighted average mortgage interest rate with 36.67% of the pool in Florida, 9.9% in California and 20.9% in New York. 42.7% of the properties in this pool were owner occupied, 56.8% were investment properties and 0.6% second homes.

IMPRL 2022- NQM7: $322.8M deal that closed November 29th, 2022, with 730 weighted average credit score and 72.15 weighted average loan to value. 74.37% of the loans in this pool were purchases with the rest being refinances. 2022-NQM6 had a 7.9% weighted average mortgage interest rate with 48.9% of the pool in Florida, 8.2% in California and 20.4% in New York. 42.6% of the properties in this pool were owner occupied, 56.5% were investment properties and 1% second homes.

IMPRL 2022- NQM6: $410.1M deal that closed September 27th, 2022, with 729 weighted average credit score and 72.98 weighted average loan to value. 72.72% of the loans in this pool were purchases with the rest being refinances. 2022-NQM6 had a 7.5% weighted average mortgage interest rate with 47.4% of the pool in Florida, 15.6% in California and 16.7% in New York. 49.7% of the properties in this pool were owner occupied, 49% were investment properties and 1.2% second homes.

IMPRL 2022- NQM5: $341.2M deal that closed August 4th, 2022, with 737 weighted average credit score and 70.2 weighted average loan to value. 64% of the loans in this pool were purchases with the rest being refinances. 2022-NQM5 had a 6.7% weighted average mortgage interest rate with 39.2% of the pool in Florida, 17% in California and 18% in New York. 45.8% of the properties in this pool were owner occupied, 52.4% were investment properties and 1.8% second homes.

IMPRL 2022- NQM4: $392.1M deal that closed June 7th, 2022, with 744 weighted average credit score and 70.48 weighted average loan to value. 57% of the loans in this pool were purchases with the rest being refinances. 2022-NQM4 had a 5.4% weighted average mortgage interest rate with 41.3% of the pool in Florida, 13.5% in California and 27% in New York. 38.47% of the properties in this pool were owner occupied, 60.6% were investment properties and 0.91% second homes.

IMPRL 2022- NQM3: $402.6M deal that closed April 21st, 2022, with 745 weighted average credit score and 70.8 weighted average loan to value. 57.45% of the loans in this pool were purchases with the rest being refinances. 2022-NQM3 had a 4.8% weighted average mortgage interest rate with 43.7% of the pool in Florida, 14.69% in California and 24.95% in New York. 48.3% of the properties in this pool were owner occupied, 50.1% were investment properties and 1.5% second homes.

IMPRL 2022- NQM2: $408.8M deal that closed March 14th, 2022, with 737 weighted average credit score and 72.4 weighted average loan to value. 66% of the loans in this pool were purchases with the rest being refinances. 2022-NQM2 had a 4.7% weighted average mortgage interest rate with 41.5% of the pool in Florida, 15.5% in California and 27% in New York. 57.5% of the properties in this pool were owner occupied, 40.7% were investment properties and 1.8% second homes.

IMPRL 2022- NQM1: $415M deal that closed February 4th, 2022, with 734 weighted average credit score and 71.5 weighted average loan to value. 61% of the loans in this pool were purchases with the rest being refinances. 2022-NQM1 had a 4.6% weighted average mortgage interest rate with 41% of the pool in Florida, 20% in California and 18% in New York. 58.5% of the properties in this pool were owner occupied, 40% were investment properties and 1.5% second homes.

IMPRL 2021 – NQM4: $301.2M deal that closed November 24th, 2021, with 732 weighted average credit score and 71.1 weighted average loan to value. 62% of the loans in this pool were purchases with the rest being refinances. 2021-NQM4 had a 4.6% weighted average mortgage interest rate with 51% of the pool in Florida, 17% in California and 17% in New York. 60% of the properties in this pool were owner occupied, the rest being investment properties.

IMPRL 2021 – NQM3: $305.1M deal that closed October 22nd, 2021, with 727 weighted average credit score and 71.6 weighted average loan to value. 67% of the loans in this pool were purchases with the rest being refinances. 2021-NQM3 had a 4.7% weighted average mortgage interest rate with 48% of the pool in Florida, 21% in California and 17% in New York. 61% of the properties in this pool were owner occupied, 37% were investment properties and 2% second homes.

IMPRL 2021 – NQM2: $237.4M deal that closed August 25th, 2021, with 733 weighted average credit score and 69.6 weighted average loan to value. 63% of the loans in this pool were purchases with the rest being refinances. 2021-NQM2 had a 4.9% weighted average mortgage interest rate with 48% of the pool in Florida, 18% in California and 17% in New York. 61% of the properties in this pool were owner occupied, 34% were investment properties and 5% second homes.

IMPRL 2021- NQM1: $214.2M deal that closed June 11, 2021, with 735 weighted average credit score and 72.4 weighted average loan to value. 76% of the loans in this pool were purchases with the rest being refinances. 2021-NQM1 had a 5.5% weighted average mortgage interest rate with 54% of the pool in Florida, 22% in California and 9% in New York. 69% of the properties in this pool were owner occupied, 28% were investment properties and 3% second homes.

IMPRL 2020 – NQM1: $145.5M deal that closed October 14th, 2020, with 724 weighted average credit score and 70.7 weighted average loan to value. Over 60% of the loans in this pool were purchases with less than 40% being refinances. 2020-NQM1 had a 5.9% weighted average mortgage interest rate with 60% of the pool in Florida 13% in New York and 10% in California. 49% of the properties in this pool were owner occupied, the rest being investment properties.