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 2024-4

(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

 

99.1AMC Diligence, LLC (“AMC”) Due Diligence Executive Summary
99.2AMC Data Compare Report
99.3AMC Exception Grades
99.4AMC Rating Agency Grades
99.5AMC QM-ATR Diligence Report
99.6AMC Valuation Report
99.7AMC Supplemental Data
99.8AMC Tax and Title Report
99.9Canopy Financial Technology Partners, LLC (“Canopy”) Narrative
99.10Canopy Exceptions Report
99.11Canopy Rating Agency Grades
99.12Canopy Data Compare
99.13Canopy ATR QM Report
99.14Canopy Valuation Report
99.15Clayton Services LLC (“Clayton”) Due Diligence Narrative Report
99.16Clayton Conditions Report
99.17Clayton Loan Level Tape Compare Upload
99.18Clayton Non ATR QM Upload
99.19Clayton Rating Agency Grades Report
99.20Clayton Valuations Summary
99.21Clarifii LLC (“Clarifii”) Executive Summary
99.22Clarifii Rating Agency Grades Detail Report
99.23Clarifii Rating Agency Grades Summary Report
99.24Clarifii Data Compare Report
99.25Clarifii ATR QM Report
99.26Clarifii Valuation Report
99.27Clarifii Multi Property Valuation Report

 

 

 

 

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: May 6, 2024

 

  VMC ASSET DEPOSITOR, LLC
   
  By: /s/ Robert Konigsberg
    Name: Robert Konigsberg
    Title: Chief Financial Officer

 

 

 


ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

AMC DILIGENCE, LLC ("AMC") DUE DILIGENCE EXECUTIVE SUMMARY

AMC DATA COMPARE REPORT

AMC EXCEPTION GRADES

AMC RATING AGENCY GRADES

AMC QM-ATR DILIGENCE REPORT

AMC VALUATION REPORT

AMC SUPPLEMENTAL DATA

AMC TAX AND TITLE REPORT

CANOPY FINANCIAL TECHNOLOGY PARTNERS, LLC ("CANOPY") NARRATIVE

CANOPY EXCEPTIONS REPORT

CANOPY RATING AGENCY GRADES

CANOPY DATA COMPARE

CANOPY ATR QM REPORT

CANOPY VALUATION REPORT

CLAYTON SERVICES LLC ("CLAYTON") DUE DILIGENCE NARRATIVE REPORT

CLAYTON CONDITIONS REPORT

CLAYTON LOAN LEVEL TAPE COMPARE UPLOAD

CLAYTON NON ATR QM UPLOAD

CLAYTON RATING AGENCY GRADES REPORT

CLAYTON VALUATIONS SUMMARY

CLARIFII LLC ("CLARIFII") EXECUTIVE SUMMARY

CLARIFII RATING AGENCY GRADES DETAIL REPORT

CLARIFII RATING AGENCY GRADES SUMMARY REPORT

CLARIFII DATA COMPARE REPORT

CLARIFII ATR QM REPORT

CLARIFII VALUATION REPORT

CLARIFII MULTI PROPERTY VALUATION REPORT