KBRA Assigns Preliminary Ratings to Marlette Funding Trust 2024-1
NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Marlette Funding Trust 2024-1 (“MFT 2024-1”), a $321.220 million consumer loan ABS transaction. The ratings reflect initial credit enhancement levels of 50.52% for the Class A Notes to 14.46% for the Class D Notes. Credit enhancement consists…