The U.S. bond market is showing angst about the debt ceiling. While the debt ceiling will likely be raised, there is a history of waiting until the last minute. Ryan Sweet provides actionable insights to help you better manage your credit portfolio during this uncertain time.
This document provides an economic outlook and summary of key risks. It discusses the ongoing recovery in the US, but notes potential headwinds such as high inflation, supply chain issues, and risks from tightening monetary and fiscal policy. It also examines risks from financial markets like a stock sell-off or debt crisis. Overall the recovery continues but uncertainties remain.
The document provides an overview of the TILA-RESPA Integrated Disclosures Rule, which combines mortgage disclosures to improve consumer understanding and comparison shopping. Key points include:
- The rule integrates TILA and RESPA disclosures including combining GFE/Initial TIL into new Loan Estimate form and HUD-1/Final TIL into Closing Disclosure form.
- Disclosures must be provided within specific timelines, such as Loan Estimate within 3 days of application and Closing Disclosure 3 days before closing.
- Tolerances limit increases in certain closing costs between estimates and closing.
- Revisions to estimates are allowed only for certain changed circumstances to improve accuracy
Understanding Your Credit Report and ScoreSpringboard
Information about what’s on a credit report, how it gets there, how a credit score is calculated, and how to develop good financial habits. Understanding credit and knowing where you stand are vital to protecting yourself from predatory lending by unqualified or unscrupulous lenders offering costly or unstable loan products.
This document provides an overview of credit reports and credit scores. It discusses what information is included in a credit report from the major credit bureaus, how credit scores are calculated and used to assess creditworthiness, and ways to build or repair credit. The presentation covers disputing errors, the effects of payment history and debt levels on credit scores, and cautions against credit repair scams. The goal is to help people understand their financial reports and profiles in order to make informed financial decisions.
This document provides an overview of credit scoring and its importance. It discusses the five factors that determine a credit score, including payment history, credit utilization, credit history length, credit mix, and number of inquiries. A low credit score can significantly increase interest rates on loans like mortgages, costing borrowers thousands over the life of the loan. It also outlines tips for improving credit scores, such as paying bills on time, keeping credit utilization low, and maintaining a mix of different credit types. The document emphasizes the importance of not making changes to credit reports or applying for new credit during the loan application process.
This document provides information about FICO scoring and credit reports. It discusses how FICO scores are calculated using various factors related to credit usage and payment history. The key factors that affect FICO scores are payment history, amounts owed, length of credit history, new credit, and types of credit used. The document also discusses how to improve credit scores by correcting credit reports, paying down debt, and establishing new credit lines over time. Maintaining positive payment histories is important for achieving higher FICO scores that are favorable for loans and insurance rates.
This document provides information about credit scores and how to improve them. It discusses what factors affect credit scores, such as payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and types of credit used (10%). It recommends ways to boost your score, like always paying bills on time, keeping credit utilization low, paying balances in full each month, and maintaining a variety of older credit accounts. The document also addresses how credit counseling, inquiries and negative information impact credit scores over time.
Credit Reports & Scoring is designed to help individuals understand their role and responsibilities when viewing credit reports. It will prepare Mortgage Loan Originators with the required knowledge in order to successfully analyze a borrower's credit report. You will obtain a clear understanding of the types of credit reports and how to access these reports. For more info: www.nafcu.org/genworth
This document provides an economic outlook and summary of key risks. It discusses the ongoing recovery in the US, but notes potential headwinds such as high inflation, supply chain issues, and risks from tightening monetary and fiscal policy. It also examines risks from financial markets like a stock sell-off or debt crisis. Overall the recovery continues but uncertainties remain.
The document provides an overview of the TILA-RESPA Integrated Disclosures Rule, which combines mortgage disclosures to improve consumer understanding and comparison shopping. Key points include:
- The rule integrates TILA and RESPA disclosures including combining GFE/Initial TIL into new Loan Estimate form and HUD-1/Final TIL into Closing Disclosure form.
- Disclosures must be provided within specific timelines, such as Loan Estimate within 3 days of application and Closing Disclosure 3 days before closing.
- Tolerances limit increases in certain closing costs between estimates and closing.
- Revisions to estimates are allowed only for certain changed circumstances to improve accuracy
Understanding Your Credit Report and ScoreSpringboard
Information about what’s on a credit report, how it gets there, how a credit score is calculated, and how to develop good financial habits. Understanding credit and knowing where you stand are vital to protecting yourself from predatory lending by unqualified or unscrupulous lenders offering costly or unstable loan products.
This document provides an overview of credit reports and credit scores. It discusses what information is included in a credit report from the major credit bureaus, how credit scores are calculated and used to assess creditworthiness, and ways to build or repair credit. The presentation covers disputing errors, the effects of payment history and debt levels on credit scores, and cautions against credit repair scams. The goal is to help people understand their financial reports and profiles in order to make informed financial decisions.
This document provides an overview of credit scoring and its importance. It discusses the five factors that determine a credit score, including payment history, credit utilization, credit history length, credit mix, and number of inquiries. A low credit score can significantly increase interest rates on loans like mortgages, costing borrowers thousands over the life of the loan. It also outlines tips for improving credit scores, such as paying bills on time, keeping credit utilization low, and maintaining a mix of different credit types. The document emphasizes the importance of not making changes to credit reports or applying for new credit during the loan application process.
This document provides information about FICO scoring and credit reports. It discusses how FICO scores are calculated using various factors related to credit usage and payment history. The key factors that affect FICO scores are payment history, amounts owed, length of credit history, new credit, and types of credit used. The document also discusses how to improve credit scores by correcting credit reports, paying down debt, and establishing new credit lines over time. Maintaining positive payment histories is important for achieving higher FICO scores that are favorable for loans and insurance rates.
This document provides information about credit scores and how to improve them. It discusses what factors affect credit scores, such as payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and types of credit used (10%). It recommends ways to boost your score, like always paying bills on time, keeping credit utilization low, paying balances in full each month, and maintaining a variety of older credit accounts. The document also addresses how credit counseling, inquiries and negative information impact credit scores over time.
Credit Reports & Scoring is designed to help individuals understand their role and responsibilities when viewing credit reports. It will prepare Mortgage Loan Originators with the required knowledge in order to successfully analyze a borrower's credit report. You will obtain a clear understanding of the types of credit reports and how to access these reports. For more info: www.nafcu.org/genworth
The document provides an overview of a presentation on preparing for the mortgage loan originator exam. It discusses the exam process, including registering online, paying fees, and scheduling the national and state exams. It also reviews strategies for taking multiple choice exams and covers sample exam topics, such as laws governing lending practices like the Truth in Lending Act and Equal Credit Opportunity Act.
A Very informative and detailed explanation of what your credit rights are, what your credit score means, and United Credit Education Services Company overview and procedures.
United Credit Education Services provides credit education and dispute services to help consumers improve inaccurate credit reports. They work to dispute errors on credit reports with the three major credit bureaus and provide ongoing support through multiple dispute cycles. Their goal is to help consumers obtain accurate credit reports and qualify for lower interest rates by establishing and maintaining good credit.
Todd Schindler is a mortgage banker with Envoy Mortgage. This document provides an overview of credit scores and how they can impact prospective home buyers. It discusses the five factors that determine credit scores, including payment history, credit utilization, credit history, types of credit, and credit inquiries. The document also outlines strategies for improving a low credit score, such as paying down credit card balances, opening new credit accounts, and disputing errors on credit reports. Borrowers are advised not to close credit accounts or pay off collections unless specifically instructed by their lender.
This document provides information about credit, credit reports, credit scores, and maintaining good credit. It defines credit and explains how credit reports and FICO credit scores are calculated. Key factors that influence credit scores are payment history, amount of debt, credit history length, recent credit applications, and credit mix. The document advises paying bills on time, keeping balances low, and carefully managing credit accounts to maintain good credit over time.
See the factors that make up a credit scoring calculation, frequently asked questions about credit reports, and common misconceptions of credit scores.
The document provides information about understanding credit reports and credit scores. It discusses what credit bureaus are, how to obtain free credit reports annually, the different categories of information included in credit reports such as personal information, credit history, public records, and inquiries. It also explains what makes up a credit score, including payment history, amounts owed, length of credit history, new credit, and types of credit. Additional sections cover building and maintaining good credit, as well as repairing bad credit.
The document discusses the importance of credit scores and how they are used to assess risk for lenders. It outlines the five main factors that determine a credit score as well as how credit scores can significantly impact interest rates on loans. The document provides tips on maintaining and improving credit scores during the loan application process.
The Digital Reserve Network ("DRN") is an open-source financial services suite designed to enable peer-to-peer payments, sustainable lending, and collateral free borrowing. The DRN will leverage a native cryptocurrency – Denarii. The Digital Reserve aims to create a public benefit by engaging in research and implementation of best practices for financial literacy the design and promotion of software or hardware solutions to increase financial accessibility and the flow of capital to disadvantaged or distressed communities.
The company aims to help consumers dispute inaccurate credit report information and improve their credit scores. They offer an educational credit monitoring service called UltraScore that analyzes credit reports and provides guidance on improving credit. The service disputes questionable items over multiple cycles by preparing customized dispute letters for the major credit bureaus on the consumer's behalf. Customers can track progress online and receive support from representatives. Maintaining good credit is important for obtaining loans and credit cards at reasonable rates.
This document provides a brief overview and timeline of the TILA-RESPA Integrated Disclosure (TRID) rule. It explains that TRID combines several mortgage disclosure forms and outlines new requirements and timelines for providing the Loan Estimate and Closing Disclosure. Key points include: TRID goes into effect October 1, 2015; within 3 business days of receiving a mortgage application, lenders must provide a Loan Estimate, and it must be provided at least 7 business days before closing; the Closing Disclosure replaces and combines previous forms and must be provided 3 business days before closing. The document walks through a sample timeline for a hypothetical loan closing in October 2015.
This document discusses opportunities for U.S. banks to improve transparency and consistency in their financial disclosures. While bank disclosures have increased in volume, many parts remain opaque including risks around litigation, equity components, interest rates, liquidity, repos, hedging and fair values. The document provides suggestions for better disclosing legal risks, accumulated other comprehensive income, interest rate sensitivity, and other areas. Improving disclosures could allow greater understanding of financial risks and comparisons across banks.
The document discusses what credit scores are, how they are calculated, and factors that influence them such as payment history, credit utilization, and length of credit history. It provides tips for maintaining a good credit score such as paying bills on time, keeping credit card balances low, and not taking on too many new credit inquiries. Additionally, it recommends resources for consumers to check their credit reports and scores regularly to monitor their credit health.
The document provides information about the TRID (TILA RESPA Integrated Disclosure) rule which combines mortgage disclosure forms to help borrowers better understand loan fees, terms, and closing costs. Under the new rule, borrowers will receive a Loan Estimate form within 3 days of applying which estimates closing costs, and a Closing Disclosure form 3 days before closing which provides final costs. The timeline outlines the typical process from application to closing.
The CFPB has published revisions to the TILA and RESPA mortgage regulations in response to changes mandated by the Dodd-Frank Act. The revisions are known as the TILA/RESPA Integrated Disclosures, or TRID. Learn all about the changes by reading through these slides brought to you by Academy Mortgage Corporation
Credit Scores: What's New
Tuesday, May 3, 11 a.m.-12:30 p.m. ET
This 90-minute webinar will present findings from Experian Public Education Director Rod Griffin and Dr. Barbara O'Neill. This webinar will cover the fundamentals of credit reporting and credit scoring and what you must do to get the credit you want and need.
Speakers: Dr. Barbara O'Neill and Rod Griffin
Register, join & find supporting resources: https://learn.extension.org/events/2488
Understanding Credit Scoring for Mortgage ProfessionalsSusan McCullah
This document summarizes a webinar about understanding credit scoring. It discusses what a credit score is, why it's important, and the five factors that make up a credit score: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%), and credit mix (10%). It addresses commonly asked questions about topics like rate shopping, late payments, collections, closing accounts, applying for new credit, and how long negative information stays on your report. The webinar emphasizes managing credit responsibly over time to improve one's score. It also promotes a credit scoring software product to help lenders increase loan approvals.
FICO scores are a measure of credit risk calculated by Fair Isaac Corporation based on a credit report. Payment history makes up 35% of a score and factors like on-time payments, amount owed, length of credit history, new credit, and credit mix each influence the score. Individuals can improve their scores by paying bills on time, keeping credit utilization low, maintaining old accounts, and applying for new credit judiciously over time. A FICO score considers all these categories together to assess risk rather than any single factor.
This document discusses the importance of credit scores and provides tips for improving credit scores. It explains that credit scores range from 350-850 and affect the cost of financing a home or auto loan. Borrowers can save thousands of dollars over the life of a loan by improving their credit score. The summary also outlines the key factors that influence credit scores and provides steps people can take to optimize their credit, such as reviewing credit reports regularly and disputing any inaccurate information.
With the Omicron wave upon us, it would be Pollyannaish to get overly enthused about the economy’s prospects in the new year. But if the economy’s performance last year is a guide, we should not be too pessimistic either. Despite being hit hard by the Delta wave of the virus, the economy grew like gangbusters in 2021.
The document provides an overview of a presentation on preparing for the mortgage loan originator exam. It discusses the exam process, including registering online, paying fees, and scheduling the national and state exams. It also reviews strategies for taking multiple choice exams and covers sample exam topics, such as laws governing lending practices like the Truth in Lending Act and Equal Credit Opportunity Act.
A Very informative and detailed explanation of what your credit rights are, what your credit score means, and United Credit Education Services Company overview and procedures.
United Credit Education Services provides credit education and dispute services to help consumers improve inaccurate credit reports. They work to dispute errors on credit reports with the three major credit bureaus and provide ongoing support through multiple dispute cycles. Their goal is to help consumers obtain accurate credit reports and qualify for lower interest rates by establishing and maintaining good credit.
Todd Schindler is a mortgage banker with Envoy Mortgage. This document provides an overview of credit scores and how they can impact prospective home buyers. It discusses the five factors that determine credit scores, including payment history, credit utilization, credit history, types of credit, and credit inquiries. The document also outlines strategies for improving a low credit score, such as paying down credit card balances, opening new credit accounts, and disputing errors on credit reports. Borrowers are advised not to close credit accounts or pay off collections unless specifically instructed by their lender.
This document provides information about credit, credit reports, credit scores, and maintaining good credit. It defines credit and explains how credit reports and FICO credit scores are calculated. Key factors that influence credit scores are payment history, amount of debt, credit history length, recent credit applications, and credit mix. The document advises paying bills on time, keeping balances low, and carefully managing credit accounts to maintain good credit over time.
See the factors that make up a credit scoring calculation, frequently asked questions about credit reports, and common misconceptions of credit scores.
The document provides information about understanding credit reports and credit scores. It discusses what credit bureaus are, how to obtain free credit reports annually, the different categories of information included in credit reports such as personal information, credit history, public records, and inquiries. It also explains what makes up a credit score, including payment history, amounts owed, length of credit history, new credit, and types of credit. Additional sections cover building and maintaining good credit, as well as repairing bad credit.
The document discusses the importance of credit scores and how they are used to assess risk for lenders. It outlines the five main factors that determine a credit score as well as how credit scores can significantly impact interest rates on loans. The document provides tips on maintaining and improving credit scores during the loan application process.
The Digital Reserve Network ("DRN") is an open-source financial services suite designed to enable peer-to-peer payments, sustainable lending, and collateral free borrowing. The DRN will leverage a native cryptocurrency – Denarii. The Digital Reserve aims to create a public benefit by engaging in research and implementation of best practices for financial literacy the design and promotion of software or hardware solutions to increase financial accessibility and the flow of capital to disadvantaged or distressed communities.
The company aims to help consumers dispute inaccurate credit report information and improve their credit scores. They offer an educational credit monitoring service called UltraScore that analyzes credit reports and provides guidance on improving credit. The service disputes questionable items over multiple cycles by preparing customized dispute letters for the major credit bureaus on the consumer's behalf. Customers can track progress online and receive support from representatives. Maintaining good credit is important for obtaining loans and credit cards at reasonable rates.
This document provides a brief overview and timeline of the TILA-RESPA Integrated Disclosure (TRID) rule. It explains that TRID combines several mortgage disclosure forms and outlines new requirements and timelines for providing the Loan Estimate and Closing Disclosure. Key points include: TRID goes into effect October 1, 2015; within 3 business days of receiving a mortgage application, lenders must provide a Loan Estimate, and it must be provided at least 7 business days before closing; the Closing Disclosure replaces and combines previous forms and must be provided 3 business days before closing. The document walks through a sample timeline for a hypothetical loan closing in October 2015.
This document discusses opportunities for U.S. banks to improve transparency and consistency in their financial disclosures. While bank disclosures have increased in volume, many parts remain opaque including risks around litigation, equity components, interest rates, liquidity, repos, hedging and fair values. The document provides suggestions for better disclosing legal risks, accumulated other comprehensive income, interest rate sensitivity, and other areas. Improving disclosures could allow greater understanding of financial risks and comparisons across banks.
The document discusses what credit scores are, how they are calculated, and factors that influence them such as payment history, credit utilization, and length of credit history. It provides tips for maintaining a good credit score such as paying bills on time, keeping credit card balances low, and not taking on too many new credit inquiries. Additionally, it recommends resources for consumers to check their credit reports and scores regularly to monitor their credit health.
The document provides information about the TRID (TILA RESPA Integrated Disclosure) rule which combines mortgage disclosure forms to help borrowers better understand loan fees, terms, and closing costs. Under the new rule, borrowers will receive a Loan Estimate form within 3 days of applying which estimates closing costs, and a Closing Disclosure form 3 days before closing which provides final costs. The timeline outlines the typical process from application to closing.
The CFPB has published revisions to the TILA and RESPA mortgage regulations in response to changes mandated by the Dodd-Frank Act. The revisions are known as the TILA/RESPA Integrated Disclosures, or TRID. Learn all about the changes by reading through these slides brought to you by Academy Mortgage Corporation
Credit Scores: What's New
Tuesday, May 3, 11 a.m.-12:30 p.m. ET
This 90-minute webinar will present findings from Experian Public Education Director Rod Griffin and Dr. Barbara O'Neill. This webinar will cover the fundamentals of credit reporting and credit scoring and what you must do to get the credit you want and need.
Speakers: Dr. Barbara O'Neill and Rod Griffin
Register, join & find supporting resources: https://learn.extension.org/events/2488
Understanding Credit Scoring for Mortgage ProfessionalsSusan McCullah
This document summarizes a webinar about understanding credit scoring. It discusses what a credit score is, why it's important, and the five factors that make up a credit score: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%), and credit mix (10%). It addresses commonly asked questions about topics like rate shopping, late payments, collections, closing accounts, applying for new credit, and how long negative information stays on your report. The webinar emphasizes managing credit responsibly over time to improve one's score. It also promotes a credit scoring software product to help lenders increase loan approvals.
FICO scores are a measure of credit risk calculated by Fair Isaac Corporation based on a credit report. Payment history makes up 35% of a score and factors like on-time payments, amount owed, length of credit history, new credit, and credit mix each influence the score. Individuals can improve their scores by paying bills on time, keeping credit utilization low, maintaining old accounts, and applying for new credit judiciously over time. A FICO score considers all these categories together to assess risk rather than any single factor.
This document discusses the importance of credit scores and provides tips for improving credit scores. It explains that credit scores range from 350-850 and affect the cost of financing a home or auto loan. Borrowers can save thousands of dollars over the life of a loan by improving their credit score. The summary also outlines the key factors that influence credit scores and provides steps people can take to optimize their credit, such as reviewing credit reports regularly and disputing any inaccurate information.
With the Omicron wave upon us, it would be Pollyannaish to get overly enthused about the economy’s prospects in the new year. But if the economy’s performance last year is a guide, we should not be too pessimistic either. Despite being hit hard by the Delta wave of the virus, the economy grew like gangbusters in 2021.
The document provides information about credit rating agencies in India. It discusses how India was one of the first developing countries to establish a credit rating agency in 1988. It then outlines the key functions and importance of credit rating agencies, describing how they assess an entity's creditworthiness and ability to repay debt through financial analysis and assigning ratings. The document also details the credit rating process, highlighting the steps of data gathering, management meetings, rating assignment, publication and ongoing surveillance. Finally, it lists the major credit rating agencies operating in India, including CRISIL, ICRA, CARE, Duff & Phelps and Onicra.
The document discusses credit rating agencies and their role in evaluating the creditworthiness of corporations and governments that issue debt securities. It notes that credit rating agencies have been in existence since 1900 but it was in 1975 when the SEC formally recognized nationally recognized statistical rating organizations (NRSROs) and instructed broker-dealers to only use NRSRO ratings. The document goes on to discuss how financial institutions could satisfy capital requirements by investing in securities that received favorable ratings from NRSROs. It indicates that NRSROs are regulated by the SEC and that their ratings provide investors with objective analyses and independent assessments of risk associated with securities issued by corporations and governments.
This document outlines a presentation on credit assessments in mainland China. It discusses credit rating agencies and bureaus, financial ratio analysis using Altman's Z-score models, and other techniques used to evaluate borrowers' creditworthiness. The presentation covers major rating agencies and scales, credit bureau data sources, and financial distress prediction models customized for Chinese companies.
The Fed kept interest rates unchanged but extended its bond-buying program to the end of the year. Regulations are limiting the ability of banks to make loans and interest rates are not affecting the economy as a result. Spain may need up to €62 billion to recapitalize its banks, and Moody's downgraded several large global banks as part of a long-term review. Earnings forecasts continue to be cut as global economic problems remain unsolved.
This investor presentation provides an overview of Semrush's business and financials. It discusses Semrush's large and growing customer base, rapid revenue growth, robust margins, and large market opportunity in helping businesses manage their online visibility. The presentation also highlights Semrush's proprietary technology and data assets that cover key aspects of online visibility and marketing.
Unlocking Capital for Land Use and Conservation Projects – Fabian Huwyler, Cr...CIFOR-ICRAF
This presentation by Credit Suisse's Fabian Huwyler was given at a session titled "Unlocking Capital for Land Use and Conservation Projects" at the Global Landscapes Forum: The Investment Case on June 10, 2015. For more, please visit http://www.landscapes.org/london/
Everything Blockchain is a key player in building the future where every transaction is trusted and blockchain is used to meet ESG goals, support cities of the future, build and control the transparency of supply chains and ensure the rights of data ownership sustain forever. The Company’s patent-pending advances in blockchain engineering deliver the essential elements needed for real-world business use: speed, security, and energy efficiency.
Adrian Jones presentation at InsureTech Connect 2021: What's Next for InsurTech?Adrian Jones
Adrian Jones presentation at InsureTech Connect 2021, covering trends and predictions for the future of insurance technology, innovation, and advice for today's Cuthbert Heaths.
This document provides information about credit rating agencies (CRAs) in India. It discusses the key CRAs operating in India - CRISIL, ICRA, CARE, and Duff & Phelps. It outlines the credit rating process, including data gathering, management meetings, rating committee assignment, publication, and ongoing surveillance. It also discusses the importance of CRAs in helping investors assess risk and helping companies raise capital, as well as how CRAs are regulated in India by the Securities and Exchange Board of India (SEBI).
This document provides information about credit rating agencies (CRAs) in India. It discusses the key CRAs operating in India - CRISIL, ICRA, CARE, and Duff & Phelps. It outlines the credit rating process, including data gathering, management meetings, rating committee assignment, publication, and ongoing surveillance. It also discusses the importance of CRAs in helping investors assess risk and helping companies access financing. The regulator SEBI lays down governance guidelines for CRAs in India.
ROLE OF CREDIT RATING AGENCIES ON LOAN ON BANK OF BARODAVaishali Upadhyay
This document is a project report submitted by Vaishali Sunil Upadhyay to Indira Institute of Business Management in partial fulfillment of an MMS degree from the University of Mumbai. The report examines the role of credit rating agencies in respect of loan portfolios of Bank of Baroda. It includes a declaration by the student, a certificate signed by the project guide, and acknowledgements. The report will analyze data and make recommendations on the topic.
Credit rating agencies provide letter grades to communicate the level of credit risk and likelihood of default for issuers. There are seven agencies regulated by SEBI in India, with high barriers to entry. Agencies earn revenue from paid ratings where issuers pay for an assessment, or through subscriber fees. The process involves a rating team conducting analysis and presenting to a committee which determines the grade. Multiple factors like financials and debt are considered. Regulators have increased scrutiny of agencies following issues like the 2008 crisis where inaccurate ratings contributed to problems.
Moody's downgrades Noble Group to Ba1; outlook negativeGE 94
Moody's downgraded Noble Group's ratings to Ba1 from Baa3 due to concerns over the company's liquidity and low profitability. While Noble plans to improve its liquidity through asset sales and cost cuts, Moody's views Noble's liquidity position as still constrained and expects challenges to consistent access to bond markets, characteristics more consistent with Ba-rated entities. The negative outlook reflects execution risk in Noble's plans and uncertainty from low commodity prices.
Ladder Capital - Q2 2020 Earnings Supplemental PresentationDavid Merkur
Ladder Capital Corp reported its results for the quarter ended June 30, 2020. Some highlights include:
- Total assets of $6.6 billion including $3.0 billion in loans, $1.5 billion in securities, and $1.0 billion in commercial real estate equity.
- Generated core earnings of $12.8 million and core EPS of $0.12 for the quarter.
- Declared a $0.20 per share dividend, representing a 10.4% annual yield.
- Increased liquidity with $826 million of unrestricted cash and reduced adjusted leverage to 3.1x.
The European leveraged finance primary and secondary markets were buffeted by volatility following comments by Fed chairman for tapering off support for quantative easing. CLO calendar is still strong, despite unease over EBA directives and politicians attitudes towards CLOs. Issuers are looking towards the US market for liquidity and best execution, be that either through bonds or loans.
Check out LCD's new, free web sites, LeveragedLoan.com and HighYieldBond.com
http://www.leveragedloan.com
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Video presentation of these slides:
http://youtu.be/lN4wRATnNHc
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This document provides information about credit ratings and how credit rating agencies work in India. It discusses that credit ratings are an analysis of the credit risk of a financial instrument or entity based on their financial history and statements. The key regulatory agencies for credit ratings in India are SEBI, RBI, IRDA, and PFRDA. Some of the major credit rating agencies in India are CRISIL, ICRA, CARE, Brickwork Ratings, and India Ratings. The credit rating process involves collecting information, conducting analysis, interacting with management, assigning a rating, monitoring ratings over time. Ratings are represented by a rating symbol that indicates the entity's creditworthiness and risk of default.
Ladder Capital - Investor Presentation (2021-05-14)David Merkur
Ladder Capital Corp is a leading commercial real estate investment trust that provides CRE capital through loans, securities, and equity investments. It has a national direct origination platform and $5.4 billion in assets. Some key highlights include:
- A diversified and granular portfolio of $2 billion in primarily senior secured CRE loans with a middle-market focus.
- A CRE equity portfolio of $1.2 billion focused on net leased properties across the U.S.
- A highly rated $764 million securities portfolio of predominantly short-dated CMBS.
- Improved leverage and liquidity over time, with adjusted leverage of 1.4x and $1.3 billion of un
Northeast Ohio Medical University - Series 2021BDigitalMuni LLC
This document provides information for investors regarding a proposed bond offering by Northeast Ohio Medical University. It includes a preliminary principal amount of $19.1 million for General Receipts Refunding Bonds, Series 2021B to refund outstanding 2011 bonds and achieve debt service savings. The bonds will be secured by the University's general receipts and have a final maturity in 2042. Historical general receipts for the University are provided, demonstrating revenues sufficient to cover projected debt service.
Similar to The Clock is Ticking on U.S. Budget Deal and Fed Tapering (20)
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
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7. October 2021 7
0
20
40
60
80
100
120
140
160
180
Aug-21 Nov-21 Feb-22 May-22 Aug-22 Nov-22
Baseline, $15 bil pace
Earlier start, $15 bil pace
Earlier start, $20 bil pace
Earlier start, $30 bil pace
Fed's plan
Federal Reserve monthly asset purchases, $ bil
A Fed Curveball?
Sources: Federal Reserve, Moody’s Analytics
8. October 2021 8
-1.0
-0.5
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Jan-18 Jan-19 Jan-20 Jan-21
Inflation expectations
Term premium
Expected path of real short term rates
10-yr Treasury yield decomposed, %
Long-Term Rates Are on the Move
Sources: Federal Reserve, Moody’s Analytics
9. October 2021 9
Market-implied policy curve for fed funds rate, %
Markets Continue to Adjust
0.0
0.5
1.0
1.5
1-mo 3-mo 6-mo 1-yr 2-yr 3-yr
Current
Sep-21
Jan-21
Sources: Bloomberg LP, Moody’s Analytics
12. October 2021 12
0
6
12
18
24
30
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21
Intragovernmental holdings
Total debt held by the public
Statutory debt limit
Debt limit suspended
Federal government debt outstanding, $ tril
We’ve Seen This Movie Before
Sources: U.S. Treasury, Moody’s Analytics
13. October 2021 13
0
20
40
60
80
100
10/1/21 10/15/21 10/29/21 11/12/21 11/26/21
Medicare/Medicaid
Social Security benefits
Other transfer payments
Civilian/military pay & retirement
Interest
Defense vendors
Other
Tax revenue
Projected treasury payments and tax receipts, $ bil
Mid-October Is Likely Drop-Dead Date
Sources: U.S. Treasury, Moody’s Analytics
14. October 2021 14
55
65
75
85
95
105
0
20
40
60
80
100
120
10 11 12 13 14 15 16 17 18 19 20 21
Gov't shutdown
Debt ceiling
Relative popularity of
Google searches
for…(L):
Sentiment Is Fragile and Vulnerable
Sources: Google Trends, Univ. of Michigan, Moody’s Analytics
Consumer sentiment, 1966Q1=100 (R)
15. October 2021 15
U.S. corporates, 1-yr EDF, avg, %
Learning From Past Debt Ceilings
4.5
5.0
5.5
6.0
6.5
7.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2013
2011
Source: Moody’s Analytics
16. October 2021 16
400
440
480
520
560
600
640
680
720
760
T-15 T-12 T-9 T-6 T-3 T T+3 T+6 T+9 T+12 T+15
2011 2013
T=drop dead date for raising debt
Days from drop dead date
U.S. high-yield option-adjusted corporate bond spread, ppt
Spreads Weather Lead-Up to Debt Ceiling
Sources: Bloomberg LP, Moody’s Analytics
17. October 2021 17
0.00
0.10
0.20
0.30
0.40
T-15 T-12 T-9 T-6 T-3 T T+3 T+6 T+9 T+12 T+15
2011 2013 T=drop dead date for raising debt ceiling
U.S. 4-wk U.S. treasury yield, %
Short-Term Rates Respond
Sources: CBOE, Moody’s Analytics
19. October 2021 19
U.S. High-Yield Option Adjusted Corporate Bond Spread, ppt
A Path We Shouldn’t Take
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
0
200
400
600
800
1,000
20 21 22 23
HY-Armagedon Scenario (L)
HY-Baseline (L)
U.S. corporate, 1-yr EDF avg, % (R)
Sources: Bloomberg LP, Moody’s Analytics
20. October 2021 20
Moody’s intermediate-term bond yield avg, all investment grade, %
Nowhere to Hide
1
2
3
4
5
20 21 22 23
Armagedon Scenario
Baseline
Sources: Moody’s Investor Services, Moody’s Analytics
21. moodysanalytics.com
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