KBRA Assigns Preliminary Ratings to Research-Driven Pagaya Motor Asset Trust 2026-2 and Research-Driven Pagaya Motor Trust 2026-2

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 15 classes of notes issued by Research-Driven Pagaya Motor Asset Trust 2026-2 and Research-Driven Pagaya Motor Trust 2026-2 (collectively “RPM 2026-2”), an auto loan ABS transaction. RPM 2026-2 has initial credit enhancement levels of 96.72% for the Class A-1 notes to 3.20% for the Class E-2 notes. Credit enhancement is comprised of overcollateralization (“O/C”), subordination of junior note classes (except for the Class E-2 notes),.