Items Tagged with 'Credit rating agency'


KBRA unveils new mortgage default and loss model

Reduces default expectations on purchase loans
Citing ongoing analysis of mortgage performance and evolving origination trends, Kroll Bond Rating Agency released an update to its residential mortgage default and loss model, including revising the timeline and expenses associated with liquidated loans and adjusting the penalty for high debt-to-income ratio loans.
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Moody’s proposes changes to RMBS rating system

Would incorporate global ratings model into U.S. methodology
Moody’s said that the new quantitative model will be the starting point for its analysis of the loan pool and that the new model was developed after an “extensive” analysis of the performance of 800,000 fixed-rate and 600,000 adjustable-rate mortgages issued since 1998.
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