Form ABS-15G Loan Funding Structure For: May 26
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) [ ]
| X | Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2) |
Central Index Key Number of sponsor: 0002110018 (Loan Funding Structure III LLC)
BRAVO Residential Funding Trust 2026-NQM5
(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 Chiao, Authorized Person, 949-720-6974
Name and telephone number, including
area code, of the person to contact in
connection with this filing
-1-
INFORMATION TO BE INCLUDED IN THE REPORT:
| 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 an Exhibit to this Form ABS-15G. Please see Item 3, Exhibits 99.1, 99.2, 99.3, 99.4, 99.5, 99.6, 99.7 and 99.8 for the related information.
| Item 3. | Exhibits |
99.1 Disclosures required by Rule 15Ga-2 for Clarifii LLC
Schedule 1— Narrative
Schedule 2— Supplemental Data Extract Report
Schedule 3— Business Purpose Supplement Report
Schedule 4— Rating Agency Grades Detail Report
Schedule 5— Rating Agency Grades Summary Report
Schedule 6— Valuation Report
Schedule 7— ATR or QM Report
Schedule 8— Data Compare Report
99.2 Disclosures required by Rule 15Ga-2 for Clayton Services LLC
Schedule 1— Narrative
Schedule 2— Conditions Report — Conditions Summary
Schedule 3— Conditions Report — Conditions Detail
Schedule 4— Conditions Report — Loan Grades
Schedule 5— ATR QM
Schedule 6— Rating Agency ATR QM
Schedule 7— Valuations Summary
Schedule 8— Waived Conditions Summary Report
Schedule 9— Loan Level Tape Compare
Schedule 10— Standard Upload
99.3 Disclosures required by Rule 15Ga-2 for Consolidated Analytics, Inc.
Schedule 1— Narrative
Schedule 2— Due Diligence Standard Report
Schedule 3— Supplemental Data Report
Schedule 4— Rating Agency Grades Report
Schedule 5— Valuations Report
Schedule 6— Data Compare Report
99.4 Disclosures required by Rule 15Ga-2 for Evolve Mortgage Services
Schedule 1— Narrative
Schedule 2— Rating Agency Grades
Schedule 3— Exception Detail
Schedule 4— Valuation Report
Schedule 5— QM ATR Data
Schedule 6— Business Purpose Data
-2-
99.5 Disclosures required by Rule 15Ga-2 for Canopy Financial Technology Partners, LLC
Schedule 1— Narrative
Schedule 2— Supplemental Data Extract
Schedule 3— Business Purpose Supplement
Schedule 4— Rating Agency Grades Detail
Schedule 5— Rating Agency Grades Summary
Schedule 6— Valuation Report
Schedule 7— ATR or QM Report
Schedule 8— Data Compare Report
99.6 Disclosures required by Rule 15Ga-2 for AMC Diligence, LLC
Schedule 1— Narrative
Schedule 2— Lease Securitization Report – Final Grades
Schedule 3— Lease Securitization Report – Exception Grades
Schedule 4— Lease Securitization Report – Valuation Report
Schedule 5— Lease Securitization Report – Supplemental HELOC
Schedule 6— Lease Securitization Report – Multi-Property
Schedule 7— Lease Securitization Report – Multi-Property Valuation
Schedule 8— Lease Securitization Report – Multi-Property Units
Schedule 9— Lease Securitization Report – Data Compare
Schedule 10— Credit Comp Securitization Report – Final Grades
Schedule 11— Credit Comp Securitization Report – Exception Grades
Schedule 12— Credit Comp Securitization Report – Valuation Report
Schedule 13— Credit Comp Securitization Report – Multi-Property
Schedule 14— Credit Comp Securitization Report – Multi-Property Valuation
Schedule 15— Credit Comp Securitization Report – Multi-Property Units
Schedule 16— Credit Comp Securitization Report – Supplemental HELOC
Schedule 17— Credit Comp Securitization Report – Data Compare
99.7 Disclosures required by Rule 15Ga-2 for Infinity IPS, Inc.
Schedule 1— Narrative
Schedule 2— Loan Level Exception Report
Schedule 3— Individual Exception Report
Schedule 4— Rating Agency Grade Report
Schedule 5— Valuation Report
Schedule 6— Supplemental Data Report
Schedule 7— Data Compare Report
99.8 Disclosures required by Rule 15Ga-2 for Selene Diligence LLC
Schedule 1— Narrative
Schedule 2— Rating Agency Grades Summary
Schedule 3— Standard Findings Report
Schedule 4— Valuation Report
Schedule 5— Rating Agency Multi-Property Valuation Report
Schedule 6— Mortgage Loans Report
Schedule 7— Supplemental Data Extract
Schedule 8— Multi-Property Data Extract
Schedule 9— Business Purpose Supplement
Schedule 10— Data Compare Report
-3-
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.
Dated: May 26, 2026
| Loan Funding Structure III LLC | |||
| (Securitizer) | |||
| By: | /s/ Michael Chiao | ||
| Name: | Michael Chiao | ||
| Title: | Treasurer | ||
-4-
EXHIBIT INDEX
Exhibit Number
99.1 Disclosures required by Rule 15Ga-2 for Clarifii LLC
Schedule 1— Narrative
Schedule 2— Supplemental Data Extract Report
Schedule 3— Business Purpose Supplement Report
Schedule 4— Rating Agency Grades Detail Report
Schedule 5— Rating Agency Grades Summary Report
Schedule 6— Valuation Report
Schedule 7— ATR or QM Report
Schedule 8— Data Compare Report
99.2 Disclosures required by Rule 15Ga-2 for Clayton Services LLC
Schedule 1— Narrative
Schedule 2— Conditions Report — Conditions Summary
Schedule 3— Conditions Report — Conditions Detail
Schedule 4— Conditions Report — Loan Grades
Schedule 5— ATR QM
Schedule 6— Rating Agency ATR QM
Schedule 7— Valuations Summary
Schedule 8— Waived Conditions Summary Report
Schedule 9— Loan Level Tape Compare
Schedule 10— Standard Upload
99.3 Disclosures required by Rule 15Ga-2 for Consolidated Analytics, Inc.
Schedule 1— Narrative
Schedule 2— Due Diligence Standard Report
Schedule 3— Supplemental Data Report
Schedule 4— Rating Agency Grades Report
Schedule 5— Valuations Report
Schedule 6— Data Compare Report
99.4 Disclosures required by Rule 15Ga-2 for Evolve Mortgage Services
Schedule 1— Narrative
Schedule 2— Rating Agency Grades
Schedule 3— Exception Detail
Schedule 4— Valuation Report
Schedule 5— QM ATR Data
Schedule 6— Business Purpose Data
99.5 Disclosures required by Rule 15Ga-2 for Canopy Financial Technology Partners, LLC
Schedule 1— Narrative
Schedule 2— Supplemental Data Extract
Schedule 3— Business Purpose Supplement
Schedule 4— Rating Agency Grades Detail
Schedule 5— Rating Agency Grades Summary
Schedule 6— Valuation Report
-5-
Schedule 7— ATR or QM Report
Schedule 8— Data Compare Report
99.6 Disclosures required by Rule 15Ga-2 for AMC Diligence, LLC
Schedule 1— Narrative
Schedule 2— Lease Securitization Report – Final Grades
Schedule 3— Lease Securitization Report – Exception Grades
Schedule 4— Lease Securitization Report – Valuation Report
Schedule 5— Lease Securitization Report – Supplemental HELOC
Schedule 6— Lease Securitization Report – Multi-Property
Schedule 7— Lease Securitization Report – Multi-Property Valuation
Schedule 8— Lease Securitization Report – Multi-Property Units
Schedule 9— Lease Securitization Report – Data Compare
Schedule 10— Credit Comp Securitization Report – Final Grades
Schedule 11— Credit Comp Securitization Report – Exception Grades
Schedule 12— Credit Comp Securitization Report – Valuation Report
Schedule 13— Credit Comp Securitization Report – Multi-Property
Schedule 14— Credit Comp Securitization Report – Multi-Property Valuation
Schedule 15— Credit Comp Securitization Report – Multi-Property Units
Schedule 16— Credit Comp Securitization Report – Supplemental HELOC
Schedule 17— Credit Comp Securitization Report – Data Compare
99.7 Disclosures required by Rule 15Ga-2 for Infinity IPS, Inc.
Schedule 1— Narrative
Schedule 2— Loan Level Exception Report
Schedule 3— Individual Exception Report
Schedule 4— Rating Agency Grade Report
Schedule 5— Valuation Report
Schedule 6— Supplemental Data Report
Schedule 7— Data Compare Report
99.8 Disclosures required by Rule 15Ga-2 for Selene Diligence LLC
Schedule 1— Narrative
Schedule 2— Rating Agency Grades Summary
Schedule 3— Standard Findings Report
Schedule 4— Valuation Report
Schedule 5— Rating Agency Multi-Property Valuation Report
Schedule 6— Mortgage Loans Report
Schedule 7— Supplemental Data Extract
Schedule 8— Multi-Property Data Extract
Schedule 9— Business Purpose Supplement
Schedule 10— Data Compare Report
-6-
ATTACHMENTS / EXHIBITS
SCHEDULE 2 - SUPPLEMENTAL DATA EXTRACT REPORT
SCHEDULE 3 - BUSINESS PURPOSE SUPPLEMENT REPORT
SCHEDULE 4 - RATING AGENCY GRADES DETAIL REPORT
SCHEDULE 5 - RATING AGENCY GRADES SUMMARY REPORT
SCHEDULE 8 - DATA COMPARE REPORT
SCHEDULE 2 - CONDITIONS REPORT - CONDITIONS SUMMARY
SCHEDULE 3 - CONDITIONS REPORT - CONDITIONS DETAIL
SCHEDULE 4 - CONDITIONS REPORT - LOAN GRADES
SCHEDULE 6 - RATING AGENCY ATR QM
SCHEDULE 7 - VALUATIONS SUMMARY
SCHEDULE 8 - WAIVED CONDITIONS SUMMARY REPORT
SCHEDULE 9 - LOAN LEVEL TAPE COMPARE
SCHEDULE 2 - DUE DILIGENCE STANDARD REPORT
SCHEDULE 3 - SUPPLEMENTAL DATA REPORT
SCHEDULE 4 - RATING AGENCY GRADES REPORT
SCHEDULE 5 - VALUATIONS REPORT
SCHEDULE 6 - DATA COMPARE REPORT
SCHEDULE 2 - RATING AGENCY GRADES
SCHEDULE 6 - BUSINESS PURPOSE DATA
SCHEDULE 2 - SUPPLEMENTAL DATA EXTRACT
SCHEDULE 3 - BUSINESS PURPOSE SUPPLEMENT
SCHEDULE 4 - RATING AGENCY GRADES DETAIL
SCHEDULE 5 - RATING AGENCY GRADES SUMMARY
SCHEDULE 8 - DATA COMPARE REPORT
SCHEDULE 2 - LEASE SECURITIZATION REPORT - FINAL GRADES
SCHEDULE 3 - LEASE SECURITIZATION REPORT - EXCEPTION GRADES
SCHEDULE 4 - LEASE SECURITIZATION REPORT - VALUATION REPORT
SCHEDULE 5 - LEASE SECURITIZATION REPORT - SUPPLEMENTAL HELOC
SCHEDULE 6 - LEASE SECURITIZATION REPORT - MULTI-PROPERTY
SCHEDULE 7 - LEASE SECURITIZATION REPORT - MULTI-PROPERTY VALUATION
SCHEDULE 8 - LEASE SECURITIZATION REPORT - MULTI-PROPERTY UNITS
SCHEDULE 9 - LEASE SECURITIZATION REPORT - DATA COMPARE
SCHEDULE 10 - CREDIT COMP SECURITIZATION REPORT - FINAL GRADES
SCHEDULE 11 - CREDIT COMP SECURITIZATION REPORT - EXCEPTION GRADES
SCHEDULE 12 - CREDIT COMP SECURITIZATION REPORT - VALUATION REPORT
SCHEDULE 13 - CREDIT COMP SECURITIZATION REPORT - MULTI-PROPERTY
SCHEDULE 14 - CREDIT COMP SECURITIZATION REPORT - MULTI-PROPERTY VALUATION
SCHEDULE 15 - CREDIT COMP SECURITIZATION REPORT - MULTI-PROPERTY UNITS
SCHEDULE 16 - CREDIT COMP SECURITIZATION REPORT - SUPPLEMENTAL HELOC
SCHEDULE 17 - CREDIT COMP SECURITIZATION REPORT - DATA COMPARE
SCHEDULE 2 - LOAN LEVEL EXCEPTION REPORT
SCHEDULE 3 - INDIVIDUAL EXCEPTION REPORT
SCHEDULE 4 - RATING AGENCY GRADE REPORT
SCHEDULE 6 - SUPPLEMENTAL DATA REPORT
SCHEDULE 7 - DATA COMPARE REPORT
SCHEDULE 2 - RATING AGENCY GRADES SUMMARY
SCHEDULE 3 - STANDARD FINDINGS REPORT
SCHEDULE 5 - RATING AGENCY MULTI-PROPERTY VALUATION REPORT
SCHEDULE 6 - MORTGAGE LOANS REPORT
SCHEDULE 7 - SUPPLEMENTAL DATA EXTRACT
SCHEDULE 8 - MULTI-PROPERTY DATA EXTRACT
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