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
EFMT DEPOSITOR 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: 0001946154
EFMT 2025-INV2
(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): ________________
Robert A. Catarella, (203) 409-3596
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.
Item 2.02 Findings and Conclusions of a Third-Party Due Diligence Report Obtained by the Underwriter
Not Applicable
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.
| EFMT DEPOSITOR LLC | ||
| By: ELLINGTON MANAGEMENT GROUP, L.L.C., as its manager | ||
| Date: April 21, 2025 | /s/ Robert A. Catarella | |
| Name: Robert A. Catarella | ||
| Title: Managing Director | ||
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 Purposes Report |
| 99.07 | Canopy Financial Technology Partners LLC (“Canopy”) Narrative |
| 99.08 | Canopy Supplemental Data Report |
| 99.09 | Canopy Business Purpose Report |
| 99.10 | Canopy Rating Agency Grades Summary Report |
| 99.11 | Canopy Rating Agency Grades Detail Report |
| 99.12 | Canopy Valuation Report |
| 99.13 | Canopy Data Compare Report |
| 99.14 | Canopy ATR or QM Report |
| 99.15 | Clarifii LLC (“Clarifii”) Narrative |
| 99.16 | Clarifii ATR or QM Report |
| 99.17 | Clarifii Business Purpose Report |
| 99.18 | Clarifii Data Compare Report |
| 99.19 | Clarifii Rating Agency Grades Summary Report |
| 99.20 | Clarifii Rating Agency Grades Report |
| 99.21 | Clarifii Supplemental Data Report |
| 99.22 | Clarifii Valuation Report |
| 99.23 | Clayton Services LLC (“Clayton”) Narrative |
| 99.24 | Clayton Conditions Summary Report |
| 99.25 | Clayton Conditions Detail Report |
| 99.26 | Clayton Loan Grades Report |
| 99.27 | Clayton Loan Level Tape Compare Report |
| 99.28 | Clayton Non ATR QM Upload Report |
| 99.29 | Clayton RA ATR QM Data Field Report |
| 99.30 | Clayton Standard Upload Report |
| 99.31 | Clayton Valuations Report |
| 99.32 | Consolidated Analytics, Inc (“CA”) Narrative |
| 99.33 | CA MLPSA Extract Report |
| 99.34 | CA Exception Report |
| 99.35 | CA Rating Agency Grades Report |
| 99.36 | CA Valuations Summary Report |
| 99.37 | CA Data Compare Report |
| 99.38 | Digital Risk, LLC (“Digital Risk”) Narrative |
| 99.39 | Digital Risk Summary Report |
| 99.40 | Digital Risk Rating Agency Grades Report |
| 99.41 | Digital Risk Exception Report |
| 99.42 | Digital Risk Non-QM Supplemental Report |
| 99.43 | Digital Risk Supplemental Report |
| 99.44 | Digital Risk Valuation Report |
| 99.45 | Digital Risk DI Summary Report |
| 99.46 | Digital Risk DI Due Diligence Standard Report |
| 99.47 | Evolve Mortgage Services (“Evolve”) Narrative |
| 99.48 | Evolve Rating Agency Grades Report |
| 99.49 | Evolve Exception Detail Report |
| 99.50 | Evolve Valuation Report |
| 99.51 | Evolve Data Compare Report |
| 99.52 | Evolve QM or ATR Data Report |
| 99.53 | Evolve Business Purpose Report |
| 99.54 | Incenter Lender Services LLC, c/k/a Incenter Diligence Solutions (“Incenter”) Narrative |
| 99.55 | Incenter Review Summary Report |
| 99.56 | Incenter Rating Agency Grades Report |
| 99.57 | Incenter Exception Detail Report |
| 99.58 | Incenter Valuation Report |
| 99.59 | Incenter Data Compare Report |
| 99.60 | Incenter Supplemental Data Report |
| 99.61 | Incenter QM or ATR Data Report |
| 99.62 | Incenter Business Purpose Report |
| 99.63 | Opus Capital Markets Consultants, LLC (“Opus”) Narrative |
| 99.64 | Opus Rating Agency Grades Report |
| 99.65 | Opus ATR or QM Report |
| 99.66 | Opus Supplemental Report |
| 99.67 | Opus Business Purpose Report |
| 99.68 | Opus Valuation Report |
| 99.69 | Opus Data Compare Report |
| 99.70 | Opus Standard Findings Report |
| 99.71 | Selene Diligence LLC (“Selene”) Narrative |
| 99.72 | Selene Rating Agency Grades Summary Report |
| 99.73 | Selene Standard Findings Report |
| 99.74 | Selene Valuation Report |
| 99.75 | Selene Supplemental Data Report |
| 99.76 | Selene Business Purpose Report |
| 99.77 | Selene Data Compare Report |
| 99.78 | Selene MLS Report |