Transaction profile Issuer Ironwood Residential 2026-1 PLC Collateral type RMBS nonconforming Domicile of assets U.K. Seller Ironwood Residential DAC Servicers Topaz Finance Ltd. (RMAC portfolio), Pepper (UK) Ltd. (Stilton portfolio), BCMGlobal Mortgage Services Ltd. (Gloucester portfolio) Capital structure Class Preliminary rating* Preliminary class size (%)§ Credit enhancement (%)†Coupon (%) Step-up coupon (%) Step-up date Legal final maturity A AAA (sf) 83.25 17.00 Daily compounded SONIA + a margin Daily compounded SONIA + a margin Sept. 24, 2031 June 24, 2051 B-Dfrd AA+ (sf) 4.50 12.50 Daily compounded SONIA + a margin Daily compounded SONIA + a margin Sept. 24, 2031 June 24, 2051 C-Dfrd A+ (sf) 3.75 8.75 Daily compounded SONIA + a margin Daily compounded SONIA + a