KBRA Assigns Preliminary Ratings to Velocity Commercial Capital Loan Trust 2018-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of Velocity Commercial Capital Loan Trust 2018-1 (VCC 2018-1) mortgage-backed certificates. VCC 2018-1 is a $186.1 million securitization collateraliz... Read more »

A.M. Best Removes From Under Review With Negative Implications; Downgrades Issuer Credit Ratings of Members of Andover Companies Pool

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with negative implications and downgraded the Long-Term Issuer Credit Ratings to “aa-” from “aa” and affirmed the Financial Strength Rating of A+ (Superior)... Read more »

A.M. Best Assigns Credit Ratings to Pittstown Cooperative Fire Ins. Co.

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Pittstown Cooperative Fire Ins. Co. (Pittstown). The... Read more »

KBRA Assigns Preliminary Ratings to SoFi Consumer Loan Program 2018-2

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by SoFi Consumer Loan Program 2018-2 (“SCLP 2018-2”). This is a $544.6 million consumer loan ABS... Read more »

A.M. Best Comments on Credit Ratings of IFIC Group Members Following Announced Sale

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best commented that the Credit Ratings (ratings) of International Fidelity Insurance Company (Newark, NJ), and its subsidiary, Allegheny Casualty Company (collectively referred to as IFIC Group) remain unchanged fol... Read more »

A.M. Best Places Credit Ratings of Cooperativa de Seguros de Vida de Puerto Rico Under Review With Negative Implications

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with negative implications the Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating of “b-” of Cooperativa de Seguros de Vida... Read more »

KBRA Assigns Preliminary Ratings to Mosaic Solar Loan Trust 2018-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Mosaic Solar Loan Trust 2018-1 (“Mosaic 2018-1”). This is a $235.250 million term ABS securitization... Read more »

A.M. Best Revises Outlooks to Stable for Members of Pennsylvania Lumbermens Group

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Pennsylvania Lumbermens... Read more »

KBRA Assigns Preliminary Ratings to BX 2018-MCSF

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to nine classes of BX 2018-MCSF, a CMBS single-borrower securitization. The collateral for the transaction is... Read more »

KBRA Assigns Preliminary Ratings to TruPS Financials Note Securitization 2018-1 Ltd

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2018-1 (“TFINS 2018-1”). The collateral in TFINS 2018-1 will... Read more »