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Callisto Bridge
Keystone · verified-asset infrastructure
SAMPLE · CAPITAL-RAIL-POOL

Pool pre-screen POOL-2026-Q3-078

Sample indicative pool-grade pre-screen for a synthetic 200-module modular-housing pool. Consumed by NRSRO rating-agency partners as one input into the official rating. Synthetic data.

Pool composition

Pool ID
POOL-2026-Q3-078
Asset class
Modular housing · multi-manufacturer
Manufacturers
12 opaque MFG-IDs
Total assets
200 modules
Total collateral value
$48,240,000 (weighted by KeyScore)
Pool cutoff date
2026-08-15
Vintage window
2026-Q1 through 2026-Q3

Weighted KeyScore + indicative grade

MetricValueInterpretation
Weighted average KeyScore 87.3 / 99 AA-equivalent indicative (band 85–89)
Investment-grade share (KeyScore ≥75) 82% Above pool eligibility threshold (≥65)
Climate-resilient share (class A or B) 68% Above insurance-friendly threshold
Third-party inspection pass rate 100% Every asset verified by external inspector

Tranche pre-screen (indicative)

TrancheShareNotionalIndicative grade
Senior70%$33,768,000AAA-equivalent
Mezzanine20%$9,648,000A-equivalent
Equity / residual10%$4,824,000NR (first-loss)

Per-manufacturer roll-up

ManufacturerAssetsAvg KeyScoreContribution
MFG-A9F3-2C1E (BuildBox Industrial)4491.2$11,410,000
MFG-C3E1-8B4A (Cardinal Modular Works)3284.8$6,880,000
MFG-B5D2-4E7F (Lantern Build Co.)2882.4$5,880,000
9 other manufacturers9686.9$24,070,000
Regulatory positioning. This is an indicative pool-grade pre-screen produced by Keystone's Capital Rail. It is not a credit rating and is not represented as one. NRSRO-registered partners (KBRA, DBRS Morningstar, Fitch, S&P, or Moody's) consume this pre-screen as one input into their independent rating process and issue the official credit rating. SEC-registered broker-dealer partners handle placement.

Fees

Keystone per-pool analytics fee
5 bps × $48.24M = $24,120 (one-time, at pool cutoff)
Ongoing per-asset registry toll
Continues at insert rate for new assets added
NRSRO partner fee
Direct to the rating agency; Keystone does not markup
Broker-dealer placement fee
Direct to the broker-dealer; Keystone shared-revenue arrangement varies per issuance
Reproducibility. Every per-asset input to this pool grade is a signed record in the Keystone Registry. Any counterparty with signature verification can independently reproduce the weighted KeyScore, tranche pre-screen, and per-manufacturer roll-up above.