Latest news with #Organization
Business Wire
4 days ago
- Business
- Business Wire
KBRA Releases Research – Private Credit SF: How KBRA Ratings Stack Up
NEW YORK--(BUSINESS WIRE)--KBRA releases research on private credit ratings in the structured finance (SF) landscape, providing an overview of this market and detailing rating activity and performance. Once considered a niche market, private credit securitizations have become a core element of the SF landscape, particularly within the asset-backed securities (ABS) and structured credit (SC) sectors. Since 2022, approximately 20% of all KBRA-rated SF transactions and 12% of rated SF volume have been privately placed. The share of private placements in ABS and SC reached nearly 30% and 65%, respectively, over the same period. The rise in private credit SF has been driven by increased demand from alternative investment managers—which may seek bespoke structures to align with specific investment objectives—as well as a growing preference among certain SF issuers for greater flexibility, customization, and confidentiality in execution. This report outlines key factors driving private rating assignments in KBRA's SF ratings universe. It also highlights the SF asset classes where KBRA has observed the most significant levels of private rating activity and evaluates the relative stability and performance of KBRA private ratings compared to their public counterparts. Key Takeaways KBRA's privately rated transactions have been largely concentrated in the ABS and SC sectors. In contrast, privately rated commercial mortgage-backed securities (CMBS) and residential mortgage-backed securities (RMBS) have remained limited. Approximately 22% and 56% of all KBRA-rated ABS and SC transactions have been privately rated since we issued our first SF rating in 2011; however, since 2022, that percentage has risen to 27% and 65%, respectively. KBRA's private ratings are assigned and monitored using the same methodologies, processes, and staff as KBRA's public ratings. Regardless of whether a rating is private or public, KBRA assigns and surveils its ratings to adhere to the same rating definitions. KBRA's private SF ratings exhibited a higher KBRA Stability Ratio (KSR) than public SF ratings across nearly all rating categories over their lifetime from 2011 to 1H 2025. The overall lifetime KSR for private SF ratings was 97.7%, compared to 96% for all public SF ratings. Click here to view the report. Recent Publications About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1010376
Associated Press
4 days ago
- Business
- Associated Press
Dovenmuehle's 2025 SOC 1 and SOC 2 Type 2 Reports Validate Robust Internal Controls and Data Security Standards
LAKE ZURICH, Ill., July 16, 2025 (SEND2PRESS NEWSWIRE) — Dovenmuehle Mortgage, Inc., a leading mortgage subservicer, today announced the successful completion of its 2025 Service Organization Control (SOC) 1® Type 2 and SOC 2® Type 2 audits. These independent audits, conducted by the public accounting and business advisory firm Plante Moran, PLLC, affirm Dovenmuehle's adherence to the highest standards for internal controls, data security, and operational effectiveness. The SOC 1 Type 2 report evaluates the effectiveness of Dovenmuehle's internal controls relevant to financial reporting, while the SOC 2 Type 2 report examines the effectiveness of Dovenmuehle's systems and controls related to security, availability, processing integrity, confidentiality, and privacy. Together, the reports provide clients with independent, third-party verification that Dovenmuehle securely manages sensitive information and ensures service reliability. 'Our clients rely on us as a trusted partner in today's complex regulatory and data security landscape,' said Dovenmuehle Senior Vice President Matt Budy. 'These successful audits are a testament to our ongoing commitment to mitigating risk, protecting borrower data, and maintaining the integrity of our systems and reporting processes.' Dovenmuehle's SOC 2 Type 2 audit specifically reviews the following trust services criteria: The SOC 1 and SOC 2 Type 2 reports are now available to all Dovenmuehle clients via DMIConnect under the 'DMI Corporate Documents' tab. Clients can also request the reports from their Account Manager. About Dovenmuehle Founded in 1844, Dovenmuehle (Lake Zurich, Ill.) is a mortgage subservicer for commercial banks, credit unions, independent mortgage lenders, MSR investors and state housing finance agencies nationwide. The company subservices portfolio loans, as well as loans sold to Fannie Mae, Freddie Mac, Ginnie Mae and the Federal Home Loan Bank with servicing retained. Using a combination of best-in-class and proprietary technology, Dovenmuehle helps lenders reduce servicing costs and deliver consistently high levels of service to homeowners while maintaining compliance with investor and regulatory requirements. Learn more at NEWS SOURCE: Dovenmuehle ### MEDIA ONLY CONTACT: (not for publication online or in print) Lindsey Neal Depth for Dovenmuehle (404) 549-9282 [email protected] ### Keywords: Mortgage, mortgage subservicer, Dovenmuehle SOC 2 Type 2 audit, Service Organization Control, fintech, LAKE ZURICH, Ill. This press release was issued on behalf of the news source (Dovenmuehle) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P127743 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Yahoo
4 days ago
- Business
- Yahoo
OPEC Keeps 2025, 2026 Global Oil Demand, Economic Growth Outlooks Steady
The Organization of the Petroleum Exporting Countries on Tuesday maintained its global oil demand an
Zawya
5 days ago
- Business
- Zawya
OPEC to issue July oil market report at 1200 GMT
The Organization of the Petroleum Exporting Countries (OPEC) will release its July monthly oil market report at 1200 GMT (1400 Vienna time) on Tuesday, OPEC said in an email. (Reporting by Alex Lawler)
Wall Street Journal
10-07-2025
- Business
- Wall Street Journal
Oil Age Is Far From Over, OPEC Says
The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight. In its annual report on long-term energy trends, the cartel nudged up its forecast, projecting oil demand will reach 113.3 million barrels a day in 2030 and nearly 123 million in 2050, up from 103.7 million barrels last year.
