11/12/2024 | Press release | Distributed by Public on 11/12/2024 13:33
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
Onslow Bay Funding 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: 0001658638
OBX 2024-NQM17 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): ________________
Michael Fania, (212) 696-0100
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
99.01 | AMC Diligence, LLC ("AMC") Narrative |
99.02 | AMC Rating Agency Grades Report |
99.03 | AMC Exception Grades Report |
99.04 | AMC Valuation Summary Report |
99.05 | AMC Supplemental Data Report |
99.06 | AMC Business Purpose Report |
99.07 | AMC Data Compare Report |
99.08 | Canopy Financial Technology Partners, LLC ("Canopy") Narrative |
99.09 | Canopy Supplemental Data Report |
99.10 | Canopy Business Purpose Report |
99.11 | Canopy Rating Agency Grades Detail Report |
99.12 | Canopy Rating Agency Grades Summary Report |
99.13 | Canopy Valuation Report |
99.14 | Canopy ATR or QM Report |
99.15 | Canopy Data Compare Report |
99.16 | Clarifii LLC ("Clarifii") Narrative |
99.17 | Clarifii Data Compare Report |
99.18 | Clarifii Supplemental Data Report |
99.19 | Clarifii Rating Agency Grades Summary Report |
99.20 | Clarifii Rating Agency Grades Detail Report |
99.21 | Clarifii Valuation Report |
99.22 | Clarifii Business Purpose Report |
99.23 | Clarifii ATR or QM 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.
ONSLOW BAY FUNDING LLC | ||
Date: November 12, 2024 | /s/ Michael Fania | |
Name: | Michael Fania | |
Title: | Authorized Signatory |