This morning DBRS announced that it is expanding its U.S. structured finance market service. "In a continuing effort to provide value to the market, DBRS has announced the expansion of its U.S. structured finance market services in providing credit assessments," the rating agency said in a statement. "These assessments, which cover a variety of asset types, better allow institutions to value market risks in their portfolios." The release also said that institutions are encouraged to contact the rating agency for more granular analysis on their portfolios. It added that in "such difficult times, leadership, stability and credibility are necessities for the credit markets."
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To keep cash flowing to the notes, the deal's senior notes have an interest reserve account covering three months' worth of class A note interest payments and fees.
2h ago -
Classes A-1FCF through A-1F will repay noteholders on a pro rata basis, while classes A2 through B3 will be repaid sequentially.
10h ago -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
11h ago -
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
September 17 -
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
September 16 -
The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
September 16








