NEW YORK--(BUSINESS WIRE)--KBRA is pleased to announce the assignment of preliminary ratings to three classes of FREMF Series 2026-K176 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-176. FREMF 2026-K176 is a $1.3 billion CMBS multi- borrower transaction. Freddie Mac will guarantee five classes of certificates issued in the underlying Series 2026-K176 securitization and will deposit the guaranteed underlying certificates into a separ ...

Core Insights - Moody's Corporation (NYSE:MCO) is a leading provider of credit ratings, research, and risk analysis, playing a crucial role in global financial markets [1] - The company competes with major credit rating agencies like Standard & Poor's and Fitch Ratings [1] Stock Performance - Moody's current trading price is $535.12, reflecting an increase of $3.51 or approximately 0.66% [4] - The stock has fluctuated between $526.50 and $536.13 on the day, with a yearly high of $540 and a low of $378.71, indicating significant volatility [4] Market Capitalization - Moody's market capitalization is approximately $96.2 billion, highlighting its strong presence in the financial services industry [5] Analyst Outlook - Kazuya Nishimura from Daiwa has set a price target of $590 for Moody's, suggesting a potential upside of about 10.26% from its current trading price [2][6] - This optimistic outlook reflects confidence in Moody's future performance and market position [2] Governance Changes - Lisa P. Sawicki has been elected to Moody's Board of Directors, effective March 16, 2026, bringing extensive experience in audit and business advisory services [3] - Her leadership role at PwC is expected to strengthen Moody's governance and strategic direction [3][6]

Core Insights - Car-loan delinquency rates are projected to rise for the fifth consecutive year in 2026, although the increases are becoming smaller [1] - Household debt has reached a record $18.6 trillion, with mortgage balances making up the majority at $13.07 trillion [2][4] - The Federal Reserve is expected to lower its benchmark rate only once or twice in 2026, which may not provide significant relief for borrowers [4] Household Debt - The total household debt in the U.S. has ballooned to $18.6 trillion, with mortgage balances being the largest component [4] - Non-housing balances, including credit cards and auto loans, have increased, with credit card balances at $1.23 trillion and auto balances at $1.66 trillion [2] Delinquency Rates - Car-loan delinquency rates are expected to rise, while credit card delinquencies are projected to remain stable [1] - Mortgage delinquencies are anticipated to increase slightly due to a modest rise in unemployment [1] Lending Environment - Lenders have tightened underwriting standards, particularly affecting low- and middle-income households [6] - The job market will significantly influence loan approval difficulties in the upcoming year [6][7] Interest Rate Outlook - The Federal Reserve has signaled a higher threshold for interest rate cuts in 2026, which may limit relief for those burdened with debt [4] - If the Fed does cut rates, borrowers could see significant savings on mortgages, with potential savings of $929 for a 25-basis-point cut on a $370,000 loan [10] Credit Card and Auto Loan Insights - Credit card APRs are more directly influenced by the federal-funds rate, but even a full percentage point cut would only save an average cardholder $65 annually [15] - For auto loans, a 25-basis-point cut on a $30,000 loan would save $74 a year, while a 100-basis-point cut would save $295 [13] Consumer Strategies - Consumers are encouraged to improve their credit scores to take advantage of potential rate cuts [16] - Strategies include addressing delinquencies, maintaining low credit utilization, and negotiating lower interest rates with credit card issuers [20][19]

Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q3 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed the iShares MSCI USA Quality Factor ETF (QUAL) by 69.2% and 61.3% on a gross and net basis, since inception through September 30, 2025. It also exceeded the S&P 500 by 32.7% and 26.1% respectively, on a gross and net basis. In addition, please check the fund’s top five holdings to know its best picks in 2025. ...

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced that it will relocate its global headquarters to 200 Liberty Street at Brookfield Place in Lower Manhattan, continuing the company's 115+ year connection to New York City. The move, which is expected to be completed in 2027, represents a bold step in Moody's ongoing evolution and commitment to creating world-class workspaces that enhance how teams collaborate and serve customers. "Since our founding more than 115 years a. ...

J P M O R G A N North America Equity Research 15 December 2025 Information Services 2026 Outlook: We Expect a Constructive "Narrative Shift" on AI; TRU and SPGI Are Our Top Picks To hear more about key topics covered here, please join our 2026 Outlook Call, TODAY at 10:30AM ET /15:30 UKT. Register to participate here. Replay available within 24 hours on J.P. Morgan Markets at the link here. Info Services stocks underperformed the S&P 500 materially in 2025 with our market cap-weighted J.P. Morgan Info Servi ...

Scope Ratings says in its Sovereign Outlook 2026 that geopolitical developments will remain fundamental for sovereign credit profiles, particularly in Europe. This includes uncertainties under volatile US trade and foreign policies but also China’s dominance across the raw materials crucial for global supply chains as well as the impact of China’s growing competitiveness in high-value-added goods exports. For European sovereigns, significant uncertainty persists regarding the outcome of any potential cea ...

Core Insights - KBRA has assigned preliminary ratings to three classes of notes issued by Monroe Capital ABS Funding III, LP, which is a securitization backed by a portfolio of recurring revenue and middle market corporate loans [1] - The total size of the securitization is $485.0 million, managed by Monroe BDC Advisors, LLC, an affiliate of Monroe Capital LLC [1] Summary by Categories Securitization Details - The securitization consists of $310.4 million of Class A notes, $53.35 million of Class B notes, and $24.25 million of additional notes [1]

Global Credit Outlook 2026 Music Playing, Noise Rising Dec. 3, 2025 This report does not constitute a rating action. Foreword Dear reader, As we step into 2026, the chorus of voices warning of an impending credit downturn is getting louder. And yet, we see a number of factors that pointto a more balanced--dare we say,resilient--picture ahead. This includes resilient economies, extended maturities for issuers, and improved interestrates. This dissonance is understandable given how accelerating structural tre ...

Core Viewpoint - The financial gap between RXO and C.H. Robinson has widened, highlighted by S&P Global Ratings' recent actions regarding their credit ratings [1][2]. Credit Ratings - S&P Global raised C.H. Robinson's debt rating to BBB+ while placing RXO on a negative outlook, indicating potential for a downgrade in the coming months [1][2]. - RXO holds a BB credit rating, which is non-investment grade, while C.H. Robinson's BBB+ rating is above the investment grade threshold [2]. - Moody's has a more favorable view of RXO with a Baa3 rating, which is two notches above S&P's BB rating, while C.H. Robinson is rated Baa2 by Moody's, just one notch above RXO [3]. Stock Market Performance - C.H. Robinson's stock has increased by approximately 46.2% over the past 52 weeks, contrasting with RXO's stock, which has decreased by 49.5% during the same period [5]. - In the third quarter, C.H. Robinson reported diluted earnings per share of $1.34, whereas RXO was slightly unprofitable [5]. Future Outlook - S&P Global anticipates RXO's performance will be pressured by subdued freight demand through 2026, with earnings growth reliant on cost containment from the integration of Coyote Logistics [6]. - The ratio of funds from operations to debt for RXO is projected to be around 16% this year, with expectations to improve to just over 20% by 2026 due to lower restructuring costs and anticipated synergies [6][7].