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
GCAT Depositor vi llc
Check the appropriate box to indicate the filing obligation 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)(l) ☐
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) ☐
| ☒ | Rule 15Ga-2 under the Exchange Act (17 CPR 240.15Ga-2) |
Central Index Key Number of depositor: 0002072245
| GCAT 2025-NQM3 Trust |
| (Exact name of issuing entity as specified in its charter) |
Central Index Key Number of issuing entity (if applicable): ________________
Central Index Key Number of underwriter (if applicable): ________________
| Thomas Durkin, (212) 692-2000 |
| 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 l5Ga-1 Representations and Warranties Disclosure |
Not Applicable
| Item 1.02 | Periodic Filing of Rule l5Ga-1 Representations and Warranties Disclosure |
Not Applicable
| Item 1.03 | Notice of Termination of Duty to File Reports under Rule l5Ga-1 |
Not Applicable
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.
EXHIBIT INDEX
| 99.1 | AMC Diligence, LLC (“AMC”) Executive Summary |
| 99.2 | AMC Rating Agency Grades |
| 99.3 | AMC Exception Grades |
| 99.4 | AMC Valuation Summary |
| 99.5 | AMC Supplemental Data |
| 99.6 | AMC Data Compare |
| 99.7 | Clayton Services LLC (“Clayton”) Narrative |
| 99.8 | Clayton Conditions Report |
| 99.9 | Clayton Loan Level Tape Compare |
| 99.10 | Clayton Non ATR QM |
| 99.11 | Clayton Rating Agency ATR QM |
| 99.12 | Clayton Standard Upload |
| 99.13 | Clayton Valuations Summary |
| 99.14 | Clayton Waived Conditions |
| 99.15 | Clarifii LLC (“Clarifii”) Executive Summary |
| 99.16 | Clarifii ATR OR QM Report |
| 99.17 | Clarifii Data Compare Report |
| 99.18 | Clarifii Rating Agency Grades Detail Report |
| 99.19 | Clarifii Rating Agency Grades Summary Report |
| 99.20 | Clarifii Valuation Report |
| 99.21 | Clarifii Supplemental Data Extract |
| 99.22 | Canopy Financial Technology Partners, LLC (“Canopy”) Narrative |
| 99.23 | Canopy RA Grades Detail Report |
| 99.24 | Canopy RA Grades Summary Report |
| 99.25 | Canopy Valuation Report |
| 99.26 | Canopy ATR QM Report |
| 99.27 | Canopy Data Compare |
| 99.28 | Canopy Supplemental Data Extract |
| 99.29 | Consolidated Analytics, Inc (“Consolidated”) Narrative |
| 99.30 | Consolidated Exception Standard Report |
| 99.31 | Consolidated Valuations Summary Report |
| 99.32 | Consolidated Grading Summary Report |
| 99.33 | Consolidated Supplemental Report |
| 99.34 | Consolidated Data Compare Report |
| 99.35 | Covius Real Estate Services, LLC (“Covius”) Due Diligence Narrative |
| 99.36 | Covius ATR OR QM Report |
| 99.37 | Covius Tape Compare |
| 99.38 | Covius Exceptions Report |
| 99.39 | Covius Grades Report |
| 99.40 | Covius Valuation Report |
SIGNATURES
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.
| GCAT DEPOSITOR VI LLC | |||
| (Depositor) | |||
| Date: June 10, 2025 | By: | /s/ Thomas Durkin | |
| Name: | Thomas Durkin | ||
| Title: | President (senior officer in charge of securitization) | ||