RMIT 2022-2B is the first transaction for which we assigned the class A notes a preliminary 'AAA (sf)' rating. Accordingly, the hard credit enhancement, in the form of initial overcollateralization for the RMIT 2022-2B class A notes, is greater than for the class A notes in the previous RMIT transactions. The preliminary ratings assigned to RMIT 2022-2B $200.00 million personal consumer loan-backed notes reflect: The availability of approximately 60.62%, 44.98%, and 40.64% credit support to the class A, B, and C notes, respectively, in the form of subordination, overcollateralization, a reserve account, and excess spread (see the Credit