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Moody's assigns provisional ratings to New Residential Mortgage Loan Trust 2018-5

Moody's Investors Service ("Moody's") has assigned provisional ratings to 31 classes of notes issued by New Residential Mortgage Loan Trust 2018-5 ("NRMLT 2018-5"). The NRMLT 2018-5 transaction is a $410.6 million securitization of first lien, seasoned performing and re-performing fixed rate mortgage (FRM) loans with weighted average seasoning of 160 months, a weighted average updated LTV ratio of 60.3% and a weighted average updated FICO score of 700. Based on the OTS methodology, 79.1% of the loans by scheduled balance have been current every month in the past 24 months.