Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
W S

Moody's launches covered bond analytics

/ Print / Reprints /
| Share More
/ Text Size+
Moody's Investors Service launched a new research service to track covered bonds. The company said a subscription provides access to ratings an analysis of more than 220 covered bond programs, as well as transparency on cover pool performance and insight into the structures of deals and the sponsoring institutions. In addition to Moody's normal research and commentary, the covered bonds service features integrated access to credit research on bank sponsors and associated sovereign entities, the ratings agency said. "Given the degree of uncertainty surrounding underlying country and banking credits in Europe, and the nascent markets for covered bonds in North America, market participants need access to the best credit research data and analyst insight," according to Juan Pablo Soriano, managing director in Moody's EMEA structured finance team. "Publishing individual indicators, such as cover pool losses, enables comparisons between programmes from specific bank sponsors and in different countries." Used overseas for more than 200 years, covered bonds are slowing gaining a foothold stateside. In March, Rep. Scott Garrett (R-N.J.) introduced his third bill in as many years to establish a clear regulatory framework for the structured finance product. The House bill is receiving some bipartisan support and some analysts believe it may make it to President Obama's desk this time. Write to Jason Philyaw.

Recent Articles by Jason Philyaw

Comments powered by Disqus