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) ☐

 

Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: 0001849813

 

 

Brean Asset Backed Securities Trust 2026-SRM2

(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

Vanessa Warren

(212) 702-6600

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 Not Previously Securitized Mortgage Loans

 

99.1    AMC Diligence, LLC (“AMC”) Due Diligence Executive Summary
99.2    AMC Rating Agency Grades
99.3    AMC Exception Grades
99.4    AMC Valuation Report
99.5    AMC Data Compare
99.6    RRMS Advisors LLC (“RRMS”) Due Diligence Narrative Report
99.7    RRMS Credit Review Report
99.8    RRMS Valuation Review Report
99.9    RRMS Data Review Report

 

II.

Disclosures Required by Rule 15Ga-2 With Respect to the Previously Securitized Redeemed Mortgage Loans Listed on Exhibit 99.11

 

99.10    Link to Prior Filing
99.11    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: September 9, 2026

 

BREAN ASSET BACKED SECURITIES LLC
By:   /s/ Vanessa Warren
Name:   Vanessa Warren
Title:   Co-President

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

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

AMC RATING AGENCY GRADES

AMC EXCEPTION GRADES

AMC VALUATION REPORT

AMC DATA COMPARE

RRMS ADVISORS LLC ("RRMS") DUE DILIGENCE NARRATIVE REPORT

RRMS CREDIT REVIEW REPORT

RRMS VALUATION REVIEW REPORT

RRMS DATA REVIEW REPORT

LINK TO PRIOR FILING

LOAN LIST