Moody's Investors Service Inc.
Moody's Ratings has announced a downgrade of New York Life Insurance Company's (NYLIC) long-term insurance financial strength (IFS) rating to Aa1 from Aaa, effective immediately. This action follows the downgrade of the long-term issuer and senior unsecured ratings to Aa1 from Aaa of the Government of
Moody's Investors Service Inc.
Moody's Investors Service has assigned provisional ratings to three classes of CMBS securities in the Benchmark 2025-V15 Mortgage Trust. The ratings are based on the collateral, the structure of the transaction, and the assigned investment-grade Structured Credit Assessment to two loans. The transaction is collateralized by 29 fixed-rate
Moody's Investors Service Inc.
Moody's Investors Service has maintained the current ratings for Southern Company Gas Capital Corporation and Northern Illinois Gas Company, citing stable financial profiles and supportive regulatory environments. The ratings affirmation reflects the companies' strong credit profiles, driven by their regulated gas distribution utilities and credit-supportive regulatory jurisdictions.
Moody's Investors Service Inc.
Moody's Investors Service has reaffirmed the City of Fort Worth, TX's Aa3 issuer and general obligation limited tax (GOLT) ratings, citing the city's diverse and growing economic base, strong financial profile, and a long-term trend of outperforming conservative budgeting expectations. The rating agency also
Moody's Investors Service Inc.
Moody's Investors Service has issued a press release announcing the upgrade of ratings for 14 US residential mortgage-backed transactions, backed by second liens and scratch & dent mortgages issued by multiple issuers. The affected transactions include bonds from Bear Stearns Mortgage Funding Trust, Bear Stearns Second Lien Trust,
Moody's Investors Service Inc.
Moody's Ratings has revised the outlook for Arches Holdings Inc., the parent company of Ancestry, to stable from negative, based on the expectation of steadily improving credit metrics and cash flow generation. The affirmations of Arches Holdings Inc.'s corporate family rating (CFR) at B2 and its
Moody's Investors Service Inc.
The rating agency Moody's Investors Service has downgraded the rating of one bond from Mortgage Equity Conversion Asset Trust 2007-FF3, backed by Home Equity Conversion Mortgages (HECM). This decision was driven by a revised loss projection and the depletion of credit enhancement in the transaction. The collateral pool
Moody's Investors Service Inc.
Moody's Investors Service has upgraded the ratings of 58 bonds issued by Connecticut Avenue Securities Trust 2024-R05, a credit risk transfer (CRT) RMBS issued by Fannie Mae. The upgrade reflects the increased levels of credit enhancement available to the bonds, recent performance, and Moody's updated loss
Moody's Investors Service Inc.
Moody's Investors Service has assigned definitive ratings to Notes issued by Braccan Mortgage Funding 2025-1 plc, a transaction backed by a static portfolio of UK buy-to-let and UK non-conforming residential mortgage loans originated by Paratus AMC Limited. The ratings are primarily based on the credit quality of the
Moody's Investors Service Inc.
The Alpine School District in Utah has maintained its Aaa issuer and general obligation bond ratings, according to Moody's Investors Service. The district's strong resident income and wealth profile, coupled with steadily increasing enrollment, has contributed to its impressive financial standing. Moody's has also
Moody's Investors Service Inc.
Moody's has placed 365.bank's ratings on review for upgrade following the announcement by J&T Finance Group SE and KBC Bank N.V. that KBC will acquire a 98.45% stake in 365.bank. This move is expected to strengthen 365.bank's
Moody's Investors Service Inc.
La Vernia Independent School District in Texas has recently issued bonds, Series 2025, with a par amount of approximately $73.3 million. Moody's Investors Service has assigned Aa3 underlying and Aaa enhanced ratings to these bonds, citing the district's stable financial profile, growing tax base, and
