Hints and tips:
...Morningstar, the financial data company, has redoubled its efforts to crack the credit ratings business with a deal to buy DBRS, the fourth largest agency....
...Two other rating agencies, Fitch and DBRS, are not scheduled to update their ratings until next year. Fitch rates Italy as two grades above junk with a negative outlook....
...DBRS, another rating agency, notes that some non-QM MBS deals have featured borrowers with scores as low as 500 on the 300-850 “Fico” scale, which is deep into subprime territory....
...Portugal still holds a speculative-grade rating at Moody’s and Fitch, the two large S&P rivals, but is rated at investment grade by analysts at DBRS....
...Greece holds triple-C credit ratings from Moody’s, Fitch and DBRS, while S&P pegs it in the higher single-B category....
...DBRS, a Toronto-based credit ratings group, on Monday said its had appointed Stephen Joynt as interim chief executive as Daniel Curry exits the company....
...Warburg Pincus, for example, has financed recent deals, such as its purchase with Carlyle of the Canadian rating agency DBRS, solely with bank debt. ....
...Single-A is “a level people are able to get comfortable with” when it comes to peer-to-peer loans, said Chuck Weilamann, analyst at DBRS....
...(Reuters) - Credit Suisse dropped Fitch’s rating from a mortgage-backed security because the ratings agency’s view was harsher than S&P and DBRS, says new Fitch chief executive....
...Maiden Lane II LLC (MLII) and Maiden Lane III LLC (ML III)....
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