10/10/2024 | Press release | Distributed by Public on 10/10/2024 10:08
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM ABS-15G
ASSET-BACKED SECURITIZER
REPORT PURSUANT TO SECTION 15G OF
THE SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:
¨ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period
to
Date of Report (Date of earliest event reported)
Commission File Number of securitizer:
Central Index Key Number of securitizer:
Name and telephone number, including area code, of the person to
contact in connection with this filing.
Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) ¨
Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) ¨
Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) ¨
x Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)
Central Index Key Number of depositor: 0001781495
Verus Securitization Trust 2024-R1 |
(Exact name of issuing entity as specified in its charter)
Central Index Key Number of issuing entity (if applicable): Not applicable
Central Index Key Number of underwriter (if applicable): Not applicable
Robert Konigsberg
(202) 534-1815 |
Name and telephone number, including area code, of the person to
contact in connection with this filing
PART I: REPRESENTATION AND WARRANTY INFORMATION
Item 1.01 Initial Filing of Rule 15Ga-1 Representations and Warranties Disclosure
N/A
Item 1.02 Periodic Filing of Rule 15Ga-1 Representations and Warranties Disclosure
N/A
Item 1.03 Notice of Termination of Duty to File Reports under Rule 15Ga-1
N/A
PART II: FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS
Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer
The disclosures required by Rule 15Ga-2 (17 CFR 240.15Ga-2) are attached as Exhibits to this Form ABS-15G. Please see the Exhibit Index for the related information.
Item 2.02 Findings and Conclusions of a Third-Party Due Diligence Report Obtained by the Underwriter
N/A
EXHIBIT INDEX
I. | Disclosures Required by Rule 15Ga-2 With Respect to the Mortgage Loans Not Previously Securitized |
99.1 | AMC Diligence, LLC ("AMC") Due Diligence Executive Summary |
99.2 | AMC Data Compare Report |
99.3 | AMC Exception Grades |
99.4 | AMC Rating Agency Grades |
99.5 | AMC QM-ATR Diligence Report |
99.6 | AMC Valuation Report |
99.7 | AMC Supplemental Data |
99.8 | AMC Tax and Title Report |
II. | Disclosures Required by Rule 15Ga-2 With Respect to the Mortgage Loans Previously Securitized and Listed on Exhibit 99.10 |
99.9 | Links to Prior Filings |
99.10 | Loan List |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 10, 2024
VMC ASSET DEPOSITOR, LLC | |||
By: | /s/ Robert Konigsberg | ||
Name: | Robert Konigsberg | ||
Title: | Chief Financial Officer |