Credit rating is an opinion (of the credit rating agency) on the ability of the organization to perform its contractual obligations (pay the principle and/or interest of the loan) on a timely basis.

Each level of rating indicates a probability of default. Credit rating is doubly essential if the bonds are to be traded across borders beyond the national territory, which the ASEAN+3 Asian Bond Markets Initiative (ABMI) envisions.

Credit Rating is a comprehensive solution to create and optimize high quality rating models for customers, counterparties, built on the Basel II directives.

Securities and Exchange Commission as nationally recognized statistical rating organizations (NRSROs) play an integral role in the capital markets, including assessing the creditworthiness of structured finance products like mortgage-backed securities (MBS) and collateralized debt obligations (CDOs).

In response to prior incidents of concern in the debt markets, Congress acted in 2006 to modify and improve the regulatory oversight of NRSROs. Securitization issuers did not disclose adequate information for investors to judge the quality of mortgage loans underlying residential mortgage-backed securities and more complex products.

And purchasers of often complex securities did not demand adequate information or perform appropriate analysis on the contents of what they were buying.

Securities being upgraded or downgraded were excluded from the yield curve estimates. We estimate seperate yield curves for the home equity and manufactured housing collateral types. We also offer last minute cruise deals and Gay Friendly car insurance