Moody’s: $10.3 Billion in US CDO Downgrades During October

Moody’s Investors Service, often referred to as Moody’s, is the bond credit rating business of Moody’s Corporation, representing the company’s traditional line of business and its historical name.Moody’s Investors Service provides international financial research on bonds issued by commercial and government entities.

New FHFA working paper reimagines housing crash Pressing Challenges in Housing Finance: Credit Access and. – Pressing Challenges in Housing Finance: Credit Access and seniors’ mortgage debt. Highlights . Even as the housing market recovers, lenders are implementing overly strict credit standards that exclude creditworthy borrowers, particularly members of traditionally underserved populations.Fed Beige Book: Economic activity expanded in March, housing results mixed The Beige Book is a Federal Reserve System publication about current. Economic activity expanded modestly. The labor market remained tight. Overall, wages and non-labor cost pres-. mixed sales results, partially attributable to ongoing inventory shortages. Across most sectors, input and.

before Moody’s incurs additional legal liability or regulatory action. This is precisely the kind of conduct which I have repeatedly warned you and Moody’s about. First, at issue is Nine Grade Funding II ("NGFII"), a transaction rated by the Derivatives group. The sole tranche was originally rated Baa2 on October 15, 2008. On January 15.

Moody’s Investors Service said today that it downgraded 1.9 percent of the total outstanding US CDO market rated by the agency, for a total of $10.3 billion across 273 tranches of 131 deals.

Moody’s Investors Service issued a special report Jan. 18 describing its concerns about RMBS re-REMICs, saying, "During the past two years, we rated less than 1% of the approximately 5,500 RMBS re-securitizations that were rated and issued in the market." That amounted to just three ratings in 2010 and 38 the year before.

A UPS Airbus A300 preparing for takeoff. ( Photo: UPS ) On Monday, the credit ratings agency Moody’s announced that it was changing UPS’s ratings outlook from positive to negative, while reaffirming its A-1 senior unsecured debt rating, essentially the middle of the ‘investment grade’ spectrum of bond ratings.

FHFA: Home prices continue climb Home prices rose during each month of the first quarter, continuing a climb that began in the early part of this decade, a new report from the Federal Housing Finance Agency showed. "The steep, multi-year rise in U.S. home prices continued in the first quarter," FHFA Deputy Chief Economist Andrew Leventis said.Lack of inventory hinders top real estate markets InformationWeek.com: News analysis and commentary on information technology trends, including cloud computing, DevOps, data analytics, IT leadership, cybersecurity, and IT infrastructure.

(Moody’s Investors Service, 9.Jan.2017) – Moody’s Investors Service assigned a B2 rating to Petrobras Global Finance B.V.’s proposed global notes, which will be unconditionally guaranteed by Petroleo Brasileiro S.A. (B2 stable). The B2 rating on the proposed notes is based on the rating of Petrobras.

NEW YORK – Citigroup’s bombshell that it faces as much as $11 billion. a flood of rating downgrades may spur liquidation of CDOs and add to selling pressure, delaying any market recovery. Rating.

Average home prices increase 2.2% in May: Case-Shiller Lack of inventory hinders top real estate markets Rochester real estate market stays hot as lines of cars wait for open houses – Such is the state of the 2019 real estate market in the greater Rochester. as is the case in many of the markets across.

Moody's Archives – Page 5 of 11 – DSNews – At the center of the investigation is a $1.6 billion CDO from 2007, which has been cited as an example of why the financial crisis ran so deep.. that received downgrades from Moody’s this week.

The $700 billion taxpayer bailout that followed in October 2008 upended the relationship. the financial markets” with mass downgrades of thousands of residential mortgage-backed securities and CDO.